Truist(TFC)

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New BuildStrong Academy Offers Complimentary Carpentry and Electrical Training
Prnewswire· 2024-05-28 16:37
"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's (TFC) Business Restructuring to Aid Amid Cost Woe
zacks.com· 2024-05-23 15:15
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 ...
Truist(TFC) - 2024 Q1 - Quarterly Report
2024-05-09 21:30
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(TFC) - 2024 Q1 - Earnings Call Transcript
2024-04-22 15:10
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 ...
Truist(TFC) - 2024 Q1 - Earnings Call Presentation
2024-04-22 11:33
– 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 ...
Truist(TFC) - 2024 Q1 - Quarterly Results
2024-04-22 10:06
Quarterly Performance Summary Truist Financial Corporation First Quarter 2024 Ta b l e o f C o n t e n t s Q u a r t e rly P e rfo r m a n c e S u m m a r y T r uis t Fin a n cial C o r p o r a tio n | P | a | g | e | Fin | a | n | cial | Hig | hlig | h | t | s | 1 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- ...
Truist(TFC) - 2023 Q4 - Annual Report
2024-02-27 22:27
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________________________________ FORM 10-K _________________________________________________________________ ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 Commission File Number: 1-10853 TRUIST FINANCIAL CORPORATION | (Exact name of registrant as specified in its charter) | | | | --- | --- | --- | | _____________________ ...
Truist Financial Corporation (TFC) BofA Securities Financial Services Conference (Transcript)
2024-02-21 19:17
Truist Financial Corporation (NYSE:TFC) BofA Securities Financial Services Conference February 21, 2024 10:30 AM ET Company Participants Mike Maguire - Chief Financial Officer Conference Call Participants Ebrahim Poonawala - Bank of America Ebrahim Poonawala I think we'll go ahead and get started. So next up, we have Mike Maguire, CFO of Truist Financial. Mike has been a busy man over the last couple of days or last week. So, we appreciate you joining us, taking the time. Mike Maguire Yes. My pleasure. I kn ...
Truist(TFC) - 2023 Q4 - Earnings Call Transcript
2024-01-18 17:05
Truist Financial Corporation (NYSE:TFC) Q4 2023 Earnings Conference Call January 18, 2024 8:00 AM ET Company Participants Brad Milsaps - Head of 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 Scott Siefers - Piper Sandler Mike Mayo - Wells Fargo Securities Elyse Greenspan - Wells Fargo Securities Ken Usdin - Jefferies Erika Najarian ...
Truist Financial Corporation (TFC) Goldman Sachs 2023 US Financial Services Conference (Transcript)
2023-12-05 19:23
Truist Financial Corporation (NYSE:TFC) Goldman Sachs 2023 US Financial Services Conference December 5, 2023 10:40 AM ET Company Participants Bill Rogers - Chairman and CEO Conference Call Participants Ryan Nash - Goldman Sachs Ryan Nash All right, up next we are excited to have Truist joining us once again. Truist is been proactive in managing in this challenging environment including rationalizing costs, exiting lower return businesses, and taking steps to shore up its capital base, which we look forward ...