会议主要讨论的核心内容 - 公司在2024年第二季度的业绩指引保持不变 [6] - 公司在5月7日完成了TIH业务的出售,并进行了资产负债表的重组调整 [7][8][13] - 资产负债表重组的目标包括:替代TIH业务的收益贡献、提升流动性和资产负债管理状况、维持资本优势以支持未来增长 [13][14][15] - 公司在利率管理方面保持相对中性的头寸,并通过利率互换等工具来管理利率风险 [17][20][21][22] - 公司存款方面仍面临一定的压力,但压力有所缓解,公司将继续关注存款的规模和结构 [26][27] - 公司贷款增长方面仍较为温和,但正在采取措施积极拓展贷款业务,包括调整资产组合、加强与客户的沟通等 [29][30][31][32][33] - 公司信贷质量整体保持良好,但办公楼贷款和多户型住宅贷款面临一定压力,公司已采取措施进行管理 [49][50][51][58] - 公司费用方面保持严格管控,并通过多种措施来提升运营效率,包括调整组织架构、优化技术投入等 [90][91][92][93] 问答环节重要的提问和回答 问题1 **Betsy Graseck 提问** 公司如何管理资产负债表重组后的证券投资组合,尤其是在利率下降的情况下 [16] **Mike Maguire 回答** 公司整体保持相对中性的利率敏感头寸,通过利率互换等工具来管理利率风险,即使利率下降也能为公司带来收益 [17][20][21][22] 问题2 **Betsy Graseck 提问** 公司如何看待未来贷款增长的机会和挑战 [27][63] **Mike Maguire 回答** 公司正积极采取措施拓展贷款业务,但最终需要依赖于客户需求的恢复,公司不会放松信贷标准来获取业务 [29][30][63][64][65][66] 问题3 **Betsy Graseck 提问** 公司未来费用管理的目标和措施 [84][85][86][87][88][89][90][91][92][93][94][95][96][97] **Mike Maguire 回答** 公司将继续保持严格的费用管控,通过多种措施提升运营效率,并将保持积极的收入增长来实现良好的营运杠杆 [90][91][92][93][94][95][96][97]

Bill Gross became a legend by investing in bonds but has a strong opinion on one stock, too. -- Bill Gross (@real_bill_gross) February 26, 2024 Nearly one month later, Gross changed his tune about one regional bank stock. He singled out Truist Financial (TFC -0.06%) in an investment-outlook update posted on his website. Gross said about the stock, "Be exuberant in a month or so." It's now been a little over two months since Gross wrote those words, and Truist's share price is barely in positive territory ye ...

Latest round of funding aims to serve as an example of corporate philanthropy's opportunity to catalyze innovation and scale successful solutions CHARLOTTE, N.C., May 30, 2024 /PRNewswire/ -- Truist Foundation today announced philanthropic funding for 11 nonprofit organizations working to pilot emerging solutions or scale existing successful initiatives into new regions. This comes at a time where there is a gap in the ability for many nonprofits to secure meaningful funding for growing and scaling their wo ...

CHARLOTTE, N.C., May 28, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced it will redeem all $1,000,000,000 principal amount outstanding of its floating rate senior notes due June 9, 2025 (CUSIP 89788MAF9) on the redemption date of June 9, 2024. The redemption price for the senior notes will be equal to 100% of the principal amount plus accrued and unpaid interest to, but excluding, the redemption date. Interest on the senior notes will cease to accrue on and after the redemptio ...

"The Home Depot Foundation has been proud to partner with HBI to make trades training and pathways to lucrative careers in the trades a reality for more people," said Erin Izen, Executive Director of The Home Depot Foundation. "With more than 400,000 construction jobs open – and growing – the new Academy in Charlotte will further our joint mission to shrink the skilled labor gap and ensure a strong pipeline of qualified construction professionals for years to come." CHARLOTTE, N.C., May 28, 2024 /PRNewswire ...

Truist Financial (TFC) remains well-positioned for revenue growth on the back of decent loan demand, high rates, strategic restructuring initiatives and fee income growth. However, elevated expenses and weakening asset quality remain headwinds. TFC's net interest income (NII) growth seems encouraging. While the metric declined in the first quarter of 2024, it experienced a five-year (ended 2023) compound annual growth rate (CAGR) of 16.9% driven by decent loan demand, merger deals and increasing rates. Its ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________________________________ FORM 10-Q _________________________________________________________________ ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended: March 31, 2024 Commission File Number: 1-10853 TRUIST FINANCIAL CORPORATION (Exact name of registrant as specified in its charter) _____________________________________________ ...

Truist Financial Corporation (NYSE:TFC) Q1 2024 Earnings Conference Call April 22, 2024 8:00 AM ET Company Participants Brad Milsaps - Investor Relations Bill Rogers - Chairman and Chief Executive Officer Mike Maguire - Chief Financial Officer Clarke Starnes - Vice Chair and Chief Risk Officer Conference Call Participants John McDonald - Autonomous Research Betsy Graseck - Morgan Stanley Scott Siefers - Piper Sandler Ken Usdin - Jefferies Mike Mayo - Wells Fargo Securities Ebrahim Poonawala - Bank of Americ ...

– Net interest income decreased 13% as a result of higher funding costs and lower earning assets – NIM declined 28 bps $ in millions – Noninterest income increased 6.1% primarily driven by higher investment banking and trading income, partially offset by a decline in lending related fees due to lower leasing-related gains Noninterest expense Vs. linked quarter – Adjusted noninterest expense increased $20 million, or 0.7% – Noninterest expense decreased $62 million Adjusted noninterest expense excludes restr ...

Quarterly Performance Summary Truist Financial Corporation First Quarter 2024 Table of Contents Quarterly Performance Summary Truist Financial Corporation Page Financial Highlights 1 Consolidated Statements of Income 2 Consolidated Ending Balance Sheets 3 Average Balances and Rates - Quarters 4 Credit Quality 5 Segment Financial Performance 7 Capital Information 8 Selected Mortgage Banking Information & Additional Information 9 Selected Items 10 Financial Highlights Quarter Ended March 31 Dec. 31 Sept. 30 J ...