---
schema_version: "secwatch.filing_event.v1"
accession: "0000092230-26-000105"
form_type: "8-K"
ticker: "TFC"
cik: "0000092230"
company_name: "TRUIST FINANCIAL CORP"
filed_at: "2026-09-15T11:00:31+00:00"
generated_at: "2026-09-15T11:05:19.077868+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Truist to sell $5.5B auto loans (RAC) to exit near-prime lending; creates $945M CET1 capital

## Summary
- Agreement to sell substantially all Regional Acceptance Corp. auto loans for $5.5B; close expected late 3Q26/early 4Q26.
- Net proceeds of $5.2B and $535M loan loss reserve recapture; capital increase of $945M (22 bps CET1).
- Reduces NPLs by >10 bps (as of 6/30/26) and NCOs by ~10 bps annually; 2026 guidance unchanged.
- Proceeds to repay wholesale borrowings and reposition AFS securities; 2027 modest earnings/ROTCE accretion expected.
- 2026 share repurchase target unchanged at $5B; strategic review ongoing.

## SEC filing metadata
- accession: 0000092230-26-000105
- form_type: 8-K
- ticker: TFC
- cik: 0000092230
- company_name: TRUIST FINANCIAL CORP
- filed_at: 2026-09-15T11:00:31+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/92230/000009223026000105/0000092230-26-000105-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/92230/000009223026000105/tfc-20260915.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000092230-26-000105
- JSON: https://secwatch.observer/filing/0000092230-26-000105.json
- Plain text: https://secwatch.observer/filing/0000092230-26-000105.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.