other_material
confidence high
sentiment neutral
materiality 0.15
Truist changes income statement presentation; provides reclassified historical data
TRUIST FINANCIAL CORP
- Effective Dec 31, 2025, Truist reclassified treasury management fees to 'Card and treasury management fees' from 'Other deposit revenue'.
- Operating lease income and depreciation now included in 'Other income' and 'Other expense'.
- Restructuring charges reclassified to natural expense categories (personnel, occupancy, etc.) from a separate line.
- Historical quarterly data from Q1 2024 to Q3 2025 retroactively adjusted; no restatement of previously reported net income.
- Changes align financial reporting with how Truist manages its businesses.
item 7.01item 9.01