Truist(TFC) - 2024 Q1 - Earnings Call Presentation

– 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 ...