トゥリストファイナンシャルの適時開示・決算・その他

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_____________________________________________

Form 8-K

Current Report

_____________________________________________

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

July 17, 2026

Date of Report (Date of earliest event reported)

Truist Financial Corporation

(Exact name of registrant as specified in its charter)

_____________________________________________


North Carolina	1-10853	56-0939887
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)


214 North Tryon Street
Charlotte,	North Carolina	28202
(Address of principal executive offices)		(Zip Code)

(844) 487-8478

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

_____________________________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, $5 par value	TFC	New York Stock Exchange
Depositary Shares each representing 1/4,000th interest in a share of Series I Perpetual Preferred Stock	TFC.PI	New York Stock Exchange
5.853% Fixed-to-Floating Rate Normal Preferred Purchase Securities each representing 1/100th interest in a share of Series J Perpetual Preferred Stock	TFC.PJ	New York Stock Exchange
Depositary Shares each representing 1/1,000th interest in a share of Series O Non-Cumulative Perpetual Preferred Stock	TFC.PO	New York Stock Exchange
Depositary Shares each representing 1/1,000th interest in a share of Series R Non-Cumulative Perpetual Preferred Stock	TFC.PR	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

ITEM 2.02 Results of Operations and Financial Condition.

On July 17, 2026, Truist Financial Corporation (“Truist”) issued a press release announcing its reporting of second quarter 2026 results and posted on its website its second quarter 2026 Earnings Release, Quarterly Performance Summary, and Earnings Release Presentation. The materials contain forward-looking statements regarding Truist and include cautionary language identifying important factors that could cause actual results to differ materially from those anticipated.

The information included in Exhibits 99.1 and 99.2, other than the quotation under the heading “CEO Commentary” on page 1 of Exhibit 99.1, shall be deemed “filed” for purposes of the Securities Exchange Act of 1934 (“Exchange Act”). The (i) quotation under the heading “CEO Commentary” on page 1 of Exhibit 99.1 and (ii) the Earnings Release Presentation included as Exhibit 99.3 are being furnished and shall not be deemed “filed” for purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities under that section. Such quotation and Presentation will not be deemed incorporated by reference into another filing under the Exchange Act or Securities Act of 1933, except as otherwise expressly stated in such subsequent filing.

All information in the Earnings Release, Quarterly Performance Summary, and Earnings Release Presentation speaks as of the date thereof, and Truist does not assume any obligation to update such information in the future.

ITEM 9.01 Financial Statements and Exhibits.

(d) Exhibits.



Exhibit No.						Description
99.1						Earnings Release issued July 17, 2026.
99.2						Quarterly Performance Summary issued July 17, 2026.
99.3						Earnings Release Presentation issued July 17, 2026.






104						The cover page from this Current Report on Form 8-K, formatted in Inline XBRL

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


			TRUIST FINANCIAL CORPORATION
						(Registrant)

			By:			/s/ Cynthia B. Powell
						Cynthia B. Powell
						Executive Vice President and Corporate Controller
						(Principal Accounting Officer)

Date: July 17, 2026

EX-99.1 2 ex991-pr2q26.htm EX-99.1 Document


			News Release

Truist reports second quarter 2026 results

Net income available to common shareholders of $1.5 billion	EPS of $1.23 per diluted share, up 37% compared to 2Q25		Continued to return significant capital to shareholders through $1.8 billion of dividends and repurchases of common shares
2Q26 Key Financial Data		2Q26 Performance Highlights(3)




(Dollars in billions, except per share data)	2Q26			1Q26			2Q25
Summary Income Statement
Net interest income	$	3.62		$	3.60		$	3.59
Net interest income - TE(1)	3.67			3.64			3.64
Noninterest income	1.64			1.55			1.40
Total revenue	5.27			5.15			4.99
Total revenue - TE(1)	5.31			5.20			5.04


Noninterest expense	3.06			2.98			2.99


Net income	1.55			1.48			1.24
Net income available to common shareholders	1.52			1.38			1.18

PPNR(1)	2.26			2.21			2.05

Key Metrics


Diluted EPS	$	1.23		$	1.09		$	0.90

BVPS	48.04			47.60			45.70
TBVPS(1)	33.40			33.19			31.63



ROCE	10.4		%	9.3		%	8.1		%
ROTCE(1)	15.4			13.8			12.3
Efficiency ratio	58.0			57.9			59.9



NIM - TE(1)	2.98			3.02			3.02
NCO ratio	0.50			0.61			0.51

ALLL ratio	1.51			1.53			1.54
CET1 ratio(2)	10.9			10.8			11.0

Average Balances
Assets	$	550		$	544		$	537
Securities	118			116			122
Loans and leases	332			329			314
Deposits	405			399			400

Amounts may not foot due to rounding.

(1)Represents a non-GAAP measure. For additional details, see the “Non-GAAP Financial Information” section of this release and reconciliations of non-GAAP measures to the most directly comparable GAAP measures included in this release or Truist’s Second Quarter 2026 Quarterly Performance Summary.

(2)Current quarter capital ratios are preliminary.

(3)This section summarizes changes from second quarter of 2026 compared to first quarter of 2026, unless otherwise noted.

•Net income available to common shareholders was $1.5 billion, or $1.23 per diluted share, resulting in a ROCE of 10.4% and ROTCE(1) of 15.4%

•Total revenue - TE(1) was up 2.2%

◦Net interest income - TE(1) increased 0.6%; NIM - TE(1) was down four basis points

◦Noninterest income was up $91 million, or 5.9%, driven by income from equity investments

•Total revenue - TE(1) was up 5.5% compared to the second quarter of 2025 due to higher investment banking and trading and wealth management income

•Noninterest expense was up $72 million, or 2.4%, reflecting higher variable incentives and continued investment in talent and technology

•Noninterest expense was up $69 million, or 2.3%, compared to the second quarter of 2025 due to higher personnel expense, partially offset by lower professional fees and outside processing expense

•Average loans and leases HFI were $329.2 billion, up $2.1 billion, or 0.7%, due to continued commercial and industrial loan growth

•Average deposits were up $5.9 billion, or 1.5%, reflecting deposit growth in interest checking

•Asset quality remains strong

◦NCO ratio of 50 basis points was down 11 basis points driven by declines in net charge-offs across most portfolios

◦Loans 90 days or more past due and still accruing were 0.04% of total loans HFI, excluding government guaranteed loans

◦Nonperforming loans to total loans HFI were up slightly at 0.51%

◦ALLL ratio of 1.51% was down two basis points

•Capital levels remain strong

◦Repurchased $1.2 billion of common shares, resulting in dividend and total payout ratios of 42% and 121%, respectively

◦CET1 ratio(2) was 10.9%


CEO Commentary

“We delivered strong second-quarter results, with earnings per share increasing 37% year over year, driven by disciplined execution against our strategic priorities, higher fee income, strong credit performance, and the return of capital to shareholders.

We continued to deepen client relationships, grow in attractive markets, and improve operating efficiency and profitability. The strength of our performance reinforces our confidence in our ability to achieve and sustain the profitability and return objectives we have committed to deliver.

During the quarter, we announced that Mike Lyons will become Truist's next CEO in September. Mike is a dynamic and highly respected financial services leader who recognizes the strength of our franchise and the significant opportunities ahead. We share a common vision of building on our momentum, continuing to improve performance, and creating long-term value for our shareholders.”

— Bill Rogers, Truist Chairman & CEO


Contact:
Investors:	Brad Milsaps	investors@truist.com
Media:	Kyle Tarrance	media@truist.com


Net Interest Income, Net Interest Margin, and Average Balances
	Quarter Ended						Change
(Dollars in millions)	2Q26			1Q26				2Q25			Link Quarter				Like Quarter
Interest income	$	5,967		$	5,855			$	6,154		$	112	1.9	%		$	(187)	(3.0)	%
Plus: TE adjustment(1)	46			45				48			1		2.2			(2)		(4.2)
Interest income - TE(1)	6,013			5,900				6,202			113		1.9			(189)		(3.0)
Interest expense	2,346			2,256				2,567			90		4.0			(221)		(8.6)
Net interest income - TE(1)	$	3,667		$	3,644			$	3,635		$	23	0.6			$	32	0.9

NIM - TE(1)	2.98		%	3.02		%		3.02		%	(4) bps					(4) bps


Average Balances(2)
Total earning assets	$	492,461		$	486,354			$	480,983		$	6,107	1.3	%		$	11,478	2.4	%
Total interest-bearing liabilities	370,782			363,363				354,251			7,419		2.0			16,531		4.7

Yields / Rates(1)
Total earning assets	4.89		%	4.90		%		5.16		%	(1) bp					(27) bps
Total interest-bearing liabilities	2.54			2.51				2.91			3 bps					(37) bps

(1)Amounts related to interest income and yields are on a TE basis, which represents a non-GAAP measure, utilizing the federal income tax rate of 21% for the periods presented. Interest income includes certain fees, deferred costs, and dividends. A reconciliation of net interest income - TE to net interest income is included within the table above. NIM – TE is calculated using net interest income on a TE basis to determine the total yield on interest-earning assets.

(2)Represents daily average balances. Unrealized gains and losses on AFS securities are included in nonearning assets. Active hedge basis adjustments for fair value hedges are included in nonearning assets and other liabilities.

Taxable-equivalent net interest income was up $23 million, or 0.6%, compared to the first quarter of 2026, driven by an additional day and higher earning assets, partially offset by lower loan spreads. NIM - TE was 2.98%, down four basis points compared to the first quarter of 2026, driven by slightly higher funding costs, lower loan spreads, and a larger balance sheet.

•Average earning assets increased $6.1 billion, or 1.3%, primarily due to increases in average total loans of $2.8 billion, or 0.8%, and average securities of $2.0 billion, or 1.7%.

•The yield on the average total loan portfolio was 5.68%, down three basis points. The yield on the average securities portfolio was 2.96%, up three basis points.

•Average deposits increased $5.9 billion, or 1.5%, average short-term borrowings decreased $1.8 billion, or 5.8%, and average long-term debt increased $3.5 billion, or 9.4%.

•The average cost of total deposits was 1.56%, up one basis point. The average cost of short-term borrowings was 3.97%, up 19 basis points. The average cost of long-term debt was 4.77%, down three basis points.

Taxable-equivalent net interest income was up $32 million, or 0.9%, compared to the second quarter of 2025, driven by higher earning assets and loan growth, partially offset by lower loan spreads and fixed-rate debt repricing. NIM - TE was 2.98%, down four basis points compared to the second quarter of 2025.

•Average earning assets increased $11.5 billion, or 2.4%, primarily due to an increase in average total loans of $17.9 billion, or 5.7%, partially offset by a decline in average securities of $3.7 billion, or 3.0%, and average other earning assets (primarily cash at the Federal Reserve) of $2.5 billion, or 6.2%.

•The yield on the average total loan portfolio was 5.68%, down 33 basis points. The yield on the average securities portfolio was 2.96%, down 20 basis points.

•Average deposits increased $4.4 billion, or 1.1%, average short-term borrowings increased $2.7 billion, or 10%, and average long-term debt increased $6.4 billion, or 19%.

•The average cost of total deposits was 1.56%, down 29 basis points. The average cost of short-term borrowings was 3.97%, down 50 basis points. The average cost of long-term debt was 4.77%, down 25 basis points.

- 2 -


Noninterest Income
	Quarter Ended				Change
(Dollars in millions)	2Q26		1Q26			2Q25		Link Quarter				Like Quarter

Wealth management income	$	375	$	370		$	348	$	5	1.4	%		$	27	7.8	%
Card and treasury management fees	353		338			351		15		4.4			2		0.6
Investment banking and trading income	352		372			205		(20)		(5.4)			147		71.7
Other deposit revenue	120		120			108		—		—			12		11.1
Mortgage banking income	116		133			107		(17)		(12.8)			9		8.4
Lending related fees	120		118			99		2		1.7			21		21.2
Securities gains (losses)	—		—			(18)		—		—			18		NM
Other income	208		102			200		106		NM			8		4.0
Total noninterest income	$	1,644	$	1,553		$	1,400	$	91	5.9			$	244	17.4

Noninterest income was up $91 million, or 5.9%, compared to the first quarter of 2026.

•Other income increased primarily due to higher returns from investments held for post-retirement benefits (which is offset by higher personnel expense), and higher income from equity investments.

•Investment banking and trading income decreased primarily due to lower capital markets revenue, partially offset by higher trading income.

Noninterest income was up $244 million, or 17%, compared to the second quarter of 2025.

•Investment banking and trading income increased primarily due to higher trading income and capital markets revenue.

•Wealth management income increased primarily due to higher assets under management.


Noninterest Expense
	Quarter Ended				Change
(Dollars in millions)	2Q26		1Q26			2Q25		Link Quarter				Like Quarter
Personnel expense	$	1,792	$	1,727		$	1,678	$	65	3.8	%		$	114	6.8	%
Professional fees and outside processing	335		313			373		22		7.0			(38)		(10.2)
Software expense	239		230			231		9		3.9			8		3.5
Net occupancy expense	171		179			181		(8)		(4.5)			(10)		(5.5)
Equipment expense	79		85			89		(6)		(7.1)			(10)		(11.2)
Marketing and customer development	91		79			82		12		15.2			9		11.0
Amortization of intangibles	63		64			73		(1)		(1.6)			(10)		(13.7)
Regulatory costs	61		68			55		(7)		(10.3)			6		10.9

Other expense	224		238			224		(14)		(5.9)			—		—
Total noninterest expense	$	3,055	$	2,983		$	2,986	$	72	2.4			$	69	2.3

Noninterest expense was up $72 million, or 2.4%, compared to the first quarter of 2026.

•Personnel expense increased primarily due to higher salaries and variable incentives and higher post-retirement benefit expense (which is offset by higher other income), partially offset by lower other benefit expenses and seasonally lower payroll taxes.

•Professional fees and outside processing expense increased primarily due to continued investment in technology infrastructure.

Noninterest expense was up $69 million, or 2.3%, compared to the second quarter of 2025.

•Personnel expense increased primarily due to higher salaries and incentives, partially offset by lower benefit expenses.

•Professional fees and outside processing expense decreased primarily due to the completion of various projects.

- 3 -


Provision for Income Taxes
	Quarter Ended						Change
(Dollars in millions)	2Q26			1Q26				2Q25			Link Quarter			Like Quarter
Provision for income taxes	$	262		$	209			$	273		$	53	25.4%		$	(11)	(4.0)%
Effective tax rate	14.4		%	12.4		%		18.0		%	200 bps				(360) bps

The higher effective tax rate for the second quarter of 2026 compared to the first quarter of 2026 was primarily driven by lower discrete tax benefits.

The lower effective tax rate for the second quarter of 2026 compared to the second quarter of 2025 was primarily driven by tax credit activity.


Average Loans and Leases
(Dollars in millions)	2Q26		1Q26		Change		% Change
Commercial:
Commercial and industrial	$	168,817	$	166,636	$	2,181	1.3	%
CRE	24,938		24,165		773		3.2
Commercial construction	7,455		7,845		(390)		(5.0)
Total commercial	201,210		198,646		2,564		1.3
Consumer:
Residential mortgage	56,342		56,458		(116)		(0.2)
Home equity	9,656		9,666		(10)		(0.1)
Indirect auto	24,430		25,342		(912)		(3.6)
Other consumer	32,661		32,053		608		1.9
Total consumer	123,089		123,519		(430)		(0.3)
Credit card	4,863		4,857		6		0.1
Total loans and leases held for investment	$	329,162	$	327,022	$	2,140	0.7

Average loans and leases HFI were $329.2 billion, an increase of $2.1 billion, or 0.7%, compared to the first quarter of 2026.

•Average commercial loans increased 1.3% primarily due to an increase in the commercial and industrial and CRE portfolios.

•Average consumer loans decreased 0.3% primarily due to a decline in the indirect auto portfolio, partially offset by an increase in the other consumer portfolio.

End of period loans and leases HFI were $329.8 billion, up $558 million, or 0.2%, compared to March 31, 2026, primarily due to increases in the other consumer and CRE portfolios, partially offset by a decline in the indirect auto portfolio.


Average Deposits
(Dollars in millions)	2Q26		1Q26		Change		% Change
Noninterest-bearing deposits	$	103,620	$	103,371	$	249	0.2	%
Interest checking	123,556		120,110		3,446		2.9
Money market and savings	136,423		136,106		317		0.2
Time deposits	41,270		39,337		1,933		4.9

Total deposits	$	404,869	$	398,924	$	5,945	1.5

Average deposits for the second quarter of 2026 were $404.9 billion, up $5.9 billion, or 1.5%, compared to the first quarter of 2026, driven by an increase in interest checking. Average noninterest-bearing deposits increased 0.2% compared to the first quarter of 2026 and represented 25.6% of total deposits for the second quarter of 2026 and 25.9% for the first quarter of 2026.

End of period deposits were $409.4 billion, up $5.3 billion, or 1.3%, compared to March 31, 2026, primarily due to an increase in interest checking deposits and time deposits, partially offset by a decline in money market and savings and noninterest-bearing deposits.

- 4 -


Capital Ratios
	2Q26		1Q26		4Q25		3Q25		2Q25
Risk-based:	(preliminary)
CET1	10.9	%	10.8	%	10.8	%	11.0	%	11.0	%
Tier 1	12.2		11.9		11.9		12.3		12.3
Total	14.0		13.7		13.8		14.2		14.3
Leverage	9.8		9.9		10.0		10.2		10.2
Supplementary leverage	8.2		8.3		8.3		8.5		8.5

Capital ratios remain strong relative to the regulatory requirements for well-capitalized banks. Truist’s CET1 ratio was 10.9% as of June 30, 2026, up 10 basis points compared to March 31, 2026, primarily due to current quarter earnings and a reduction in risk-weighted assets, partially offset by capital returned to shareholders.

Truist declared common dividends of $0.52 per share during the second quarter of 2026 and repurchased $1.2 billion of common stock. The dividend and total payout ratios for the second quarter of 2026 were 42% and 121%, respectively.

Truist’s average consolidated LCR was 113% for the three months ended June 30, 2026, compared to the regulatory minimum of 100%.

- 5 -


Asset Quality
(Dollars in millions)	2Q26			1Q26			4Q25			3Q25			2Q25
Total nonperforming assets	$	1,748		$	1,785		$	1,633		$	1,629		$	1,316
Total loans 90 days or more past due and still accruing	698			760			684			584			546
Total loans 30-89 days past due and still accruing	1,774			1,743			1,980			1,743			1,811
Nonperforming loans and leases as a percentage of loans and leases HFI	0.51		%	0.50		%	0.48		%	0.48		%	0.39		%
Loans 90 days or more past due and still accruing as a percentage of loans and leases HFI	0.21			0.23			0.21			0.18			0.17
Loans 90 days or more past due and still accruing as a percentage of loans and leases HFI, excluding government guaranteed loans	0.04			0.05			0.05			0.05			0.04
Loans 30-89 days past due and still accruing as a percentage of loans and leases HFI	0.54			0.53			0.60			0.54			0.57
ALLL as a percentage of loans and leases HFI	1.51			1.53			1.53			1.54			1.54
Ratio of ALLL to NCO (annualized)	3.0x			2.5x			2.7x			3.3x			3.1x
Ratio of ALLL to nonperforming loans and leases HFI	2.9x			3.1x			3.2x			3.2x			3.9x

Nonperforming assets totaled $1.7 billion at June 30, 2026, down $37 million compared to March 31, 2026, primarily due to decreases in the commercial and industrial and LHFS portfolios, partially offset by an increase in the indirect auto portfolio. The increase in indirect auto was driven by an enhancement to nonaccrual criteria for certain loans in that portfolio effective January 1, 2026. Nonperforming loans and leases were 0.51% of loans and leases HFI at June 30, 2026, up one basis point compared to March 31, 2026.

Loans 90 days or more past due and still accruing totaled $698 million at June 30, 2026, down two basis points as a percentage of loans and leases compared with March 31, 2026. Excluding government guaranteed loans, the ratio of loans 90 days or more past due and still accruing as a percentage of loans and leases was 0.04% at June 30, 2026, down one basis point compared to March 31, 2026.

Loans 30-89 days past due and still accruing totaled $1.8 billion at June 30, 2026, up $31 million, or one basis point as a percentage of loans and leases, compared to March 31, 2026.

The ACL was $5.3 billion at June 30, 2026, and included $5.0 billion for the ALLL and $333 million for the reserve for unfunded commitments. The ALLL ratio at June 30, 2026 was 1.51%, down two basis points compared with March 31, 2026. The ALLL covered nonperforming loans and leases HFI 2.9x at June 30, 2026, compared to 3.1x at March 31, 2026. At June 30, 2026, the ALLL was 3.0x annualized net charge-offs, compared to 2.5x at March 31, 2026.


Provision for Credit Losses
	Quarter Ended						Change
(Dollars in millions)	2Q26			1Q26				2Q25			Link Quarter				Like Quarter
Provision for credit losses	$	395		$	479			$	488		$	(84)	(17.5)	%		$	(93)	(19.1)	%
Net charge-offs	414			491				396			(77)		(15.7)			18		4.5

Net charge-offs as a percentage of average loans and leases (annualized)	0.50		%	0.61		%		0.51		%	(11) bps					(1) bp

The provision for credit losses was $395 million for the second quarter of 2026, compared to $479 million for the first quarter of 2026.

•The provision for credit losses decreased compared to the first quarter of 2026 due to a decline in net charge-offs.

•The NCO ratio for the current quarter was down compared to the first quarter of 2026 driven by declines in net charge-offs across most portfolios.

The provision for credit losses was $395 million for the second quarter of 2026, compared to $488 million for the second quarter of 2025.

•The provision for credit losses decreased compared to the second quarter of 2025 due to an allowance release in the second quarter of 2026.

- 6 -


Earnings Presentation and Quarterly Performance Summary

Investors can access the live second quarter 2026 earnings call at 8 a.m. ET today by webcast or dial-in as follows:

Webcast: app.webinar.net/oM9yPobVKXd

Dial-in: 1-877-883-0383, passcode 0575894

Additional details: The news release and presentation materials are available at ir.truist.com under “Events & Presentations.” A replay of the call will be available on the website for 30 days.

The presentation, including an appendix reconciling non-GAAP disclosures, and Truist’s Second Quarter 2026 Quarterly Performance Summary, which contains detailed financial schedules, are available at https://ir.truist.com/earnings.


About Truist

Truist Financial Corporation is a purpose-driven financial services company committed to inspiring and building better lives and communities. Headquartered in Charlotte, North Carolina, Truist has leading market share in many of the high-growth markets in the U.S. and offers a wide range of products and services through wholesale and consumer businesses, including consumer and small business banking, commercial and corporate banking, investment banking and capital markets, wealth management, payments, and specialized lending businesses. Truist is a top-10 commercial bank with total assets of $556 billion as of June 30, 2026. Truist Bank, Member FDIC. Equal Housing Lender. Learn more at Truist.com.

#-#-#


Glossary of Defined Terms
Term			Definition
ACL			Allowance for credit losses
AFS			Available-for-sale
AI			Artificial intelligence, including machine learning
ALLL			Allowance for loan and lease losses
ATM			Automated teller machine
BVPS			Book value (common equity) per share


CEO			Chief Executive Officer
CET1			Common equity tier 1
CRE			Commercial real estate
FDIC			Federal Deposit Insurance Corporation
FHLB			Federal Home Loan Bank
GAAP			Accounting principles generally accepted in the United States of America
GSE			U.S. government-sponsored enterprise
HFI			Held for investment
HTM			Held-to-maturity
LCR			Liquidity Coverage Ratio
LHFS			Loans held for sale
Like Quarter			Second quarter of 2025
Link Quarter			First quarter of 2026
MBS			Mortgage-backed securities
MSR			Mortgage servicing rights
NCO			Net charge-offs
NIM - TE			Net interest margin, computed on a TE basis
NM			Not meaningful
NQDCP			Non-Qualified Defined Contribution Plan
PPNR			Pre-provision net revenue
ROA			Return on average assets
ROCE			Return on average common equity
ROTCE			Return on average tangible common equity


TBVPS			Tangible book value per common share
TE			Taxable equivalent

- 7 -


Non-GAAP Financial Information

This news release contains financial information and performance measures determined by methods other than in accordance with GAAP. Truist’s management uses these “non-GAAP” measures in their analysis of Truist’s performance and the efficiency of its operations. Management believes these non-GAAP measures provide a greater understanding of ongoing operations, enhance comparability of results with prior periods, and demonstrate the effects of significant items in the current period. Truist believes a meaningful analysis of its financial performance requires an understanding of the factors underlying that performance. These disclosures should not be viewed as a substitute for financial measures determined in accordance with GAAP, nor are they necessarily comparable to non-GAAP performance measures that may be presented by other companies. Below is a listing of the types of non-GAAP measures used in this news release:

•Taxable-Equivalent Measures - Taxable equivalent revenue, taxable equivalent interest income, taxable equivalent net interest income, and taxable equivalent net interest margin include a taxable equivalent adjustment utilizing the federal income tax rate of 21% for certain tax-exempt instruments. Truist’s management uses these measures in their analysis of Truist’s performance. Truist’s management believes these measures provide a greater understanding of ongoing operations and enhance comparability of results with prior periods.

•PPNR - Pre-provision net revenue is a non-GAAP measure that adjusts net income determined in accordance with GAAP to exclude the impact of the provision for credit losses and provision for income taxes. Truist’s management believes this measure provides a greater understanding of ongoing operations and enhances comparability of results with prior periods.

•Tangible Common Equity and Related Measures - Tangible common equity, average tangible common equity, and related measures, including ROTCE and TBVPS, are non-GAAP measures that exclude the impact of intangible assets, net of deferred taxes, and their related amortization. These measures are useful for evaluating the performance of a business consistently, whether acquired or developed internally. Truist’s management uses these measures to assess profitability, returns relative to balance sheet risk, and shareholder value.

Truist does not provide reconciliations for forward-looking non-GAAP financial measures because it is unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the difficulty of forecasting the occurrence and the financial impact of various items that have not yet occurred, are out of Truist’s control, or cannot be reasonably predicted. For the same reasons, Truist is unable to address the probable significance of the unavailable information.

Reconciliations of these non-GAAP measures to the most directly comparable GAAP measures are included in this release or Truist’s Second Quarter 2026 Quarterly Performance Summary, which is available at https://ir.truist.com/earnings.

- 8 -


Forward Looking Statements

From time to time we have made, and in the future will make, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the fact that they do not relate strictly to historical or current facts. Forward-looking statements often use words such as “believe,” “expect,” “anticipate,” “intend,” “pursue,” “seek,” “continue,” “estimate,” “project,” “outlook,” “forecast,” “potential,” “target,” “objective,” “trend,” “plan,” “goal,” “initiative,” “priorities,” or other words of comparable meaning or future-tense or conditional verbs such as “may,” “will,” “should,” “would,” or “could.” Forward-looking statements convey our expectations, intentions, or forecasts about future events, circumstances, or results.

This news release, including any information incorporated by reference herein, contains forward-looking statements. We also may make forward-looking statements in other documents that are filed or furnished with the SEC. In addition, we may make forward-looking statements orally or in writing to investors, analysts, members of the media, and others. All forward-looking statements, by their nature, are subject to assumptions, risks, and uncertainties, which may change over time and many of which are beyond our control. You should not rely on any forward-looking statement as a prediction or guarantee about the future. Actual future objectives, strategies, plans, prospects, performance, conditions, and results may differ materially from those set forth in any forward-looking statement. While no list of assumptions, risks, and uncertainties could be complete, some of the factors that may cause actual results or other future events or circumstances to differ from those in forward-looking statements include:

•changes in monetary, fiscal, and trade laws or policies, including tariffs or interest rates;

•evolving political, geopolitical, business, social, economic, and market conditions at the local, regional, national, and international levels;

•our ability to effectively address economic, business, or market deterioration, slowdowns or disruptions;

•disruptions and shifts in investor sentiment or behavior in the securities, capital, or other financial markets, including financial or systemic shocks and volatility or changes in market liquidity, interest or currency rates, or valuations;

•changes in business and consumer sentiment, preferences, or behavior, including spending, borrowing, or saving by businesses or households;

•negative market perceptions of our investment portfolio or its value;

•our ability to manage credit risk, including in connection with the loans that we originate or purchase;

•the credit, liquidity, or other financial condition of our clients, counterparties, service providers, or competitors;

•our ability to cost-effectively fund our businesses and operations, including by accessing long- and short-term funding and liquidity and by retaining and growing client deposits;

•our ability to manage any unexpected outflows of uninsured deposits and, in such a circumstance, to access substitute funding, and avoid selling investment securities or other assets at an unfavorable time or at a loss;

•changes in our credit ratings and the related effects on our funding costs, ability to attract or retain funding, and relationships with clients and counterparties;

•any instability or breakdown in the financial system, including as a result of the actual or perceived soundness of another financial institution or another participant in the financial system;

•our ability to maintain secure and functional financial, accounting, technology, data processing, or other operating systems or infrastructure, including those that safeguard personal and other sensitive information;

•our ability to keep pace with changes in technology, including technology-driven products and services relating to AI, that affect us or our clients, counterparties, service providers, or competitors or to maintain rights or interests in associated intellectual property;

•our ability to manage system failures or disruptions affecting operations, communications, or other systems or processes;

•our ability to identify, assess, monitor, and mitigate physical-security and cybersecurity risks, including denial-of-service attacks, hacking, phishing, social-engineering attacks, malware intrusion, data-corruption attempts, system breaches, identity theft, ransomware attacks, AI-driven cyberattacks, environmental conditions, and intentional acts of destruction;

•the performance, availability, and resilience of third-party service providers on whom we rely in delivering products and services to our clients and otherwise in conducting our business and operations;

•the adequacy and effectiveness of our corporate governance, risk-management framework, compliance programs, and internal controls over financial reporting, including our ability to identify, assess, monitor, and mitigate risks, remediate lapses or deficiencies in financial reporting, and make appropriate estimates;

•our ability to develop, maintain, and market our products or services and to manage risks and unanticipated costs or liabilities associated with those products or services;

•our ability to satisfactorily and profitably perform loan servicing and similar obligations;

•the legal, regulatory, and supervisory environment, including changes in financial services legislation, regulation, policies, or government leadership or personnel;

•U.S. and international regulatory capital and liquidity requirements and standards and their effects on our capital and liquidity levels, ratios, buffers, and targets, and our ability to pay or increase dividends, repurchase shares, or take other capital actions;

•our ability to address scrutiny and expectations from supervisory or other governmental authorities and to timely and credibly remediate related concerns or deficiencies;

•judicial, regulatory, and administrative inquiries, examinations, investigations, proceedings, disputes, or rulings that create uncertainty for or are adverse to us or the financial services industry;

•the outcomes of judicial, regulatory, and administrative inquiries, examinations, investigations, proceedings, disputes, or rulings to which we are or may be subject (either directly or indirectly through our ownership interests in other entities) and our ability to absorb and address any damages or other remedies that are sought or awarded and any collateral consequences;

•our ability to execute strategic and operational plans, including with respect to accelerating growth, improving profitability, investing in talent, technology, and risk infrastructure, maintaining expense, credit, and risk discipline, and returning capital to shareholders;

•our ability to innovate, to anticipate the needs of current or future clients, or to make timely and effective technology investments and enhancements to meet client expectations;

•our ability to compete successfully, to increase or maintain market share in changing competitive environments, or to address pricing or other competitive pressures, including competition from banks and nonbanks and the effects of digital assets, cryptocurrencies, stablecoins, tokenization, and other emerging products, services, and technologies relating to deposits, lending, and payments;

•changes in our corporate and business strategies, the composition of our assets, or the way in which we fund those assets;

•our ability to successfully make and integrate acquisitions and to effect divestitures, which may include regulatory approvals and conditions;

•the efficacy of our methods or models in assessing business strategies or opportunities or in valuing, measuring, estimating, monitoring, or managing positions or risk;

•evolving accounting standards and policies and related changes to interpretations;

•damage to our brand or negative public opinion or adverse publicity affecting us, our leaders, or our service providers, including the impact on our relationships with clients, teammates, and other stakeholders;

•our ability to attract, hire, and retain key teammates and to engage in adequate succession planning;

•our ability to identify, assess, monitor, and mitigate the risk of fraud or misconduct by internal or external parties, including potential losses that may result;

•policies and other actions of governments to manage and mitigate climate and related environmental risks, and the effects of climate change or the transition to a lower-carbon economy on our business, operations, and reputation;

•natural or other disasters, calamities, and conflicts, including terrorist events, cyber-warfare, and pandemics that impact us or our clients, teammates, or service providers; and

•other assumptions, risks, or uncertainties described in the Company’s Annual Report on Form 10-K or subsequent reports.

Any forward-looking statement made by us or on our behalf speaks only as of the date that it was made. We do not undertake to update any forward-looking statement to reflect the impact of events, circumstances, or results that arise after the date that the statement was made, except as required by applicable securities laws. You, however, should consult further disclosures (including disclosures of a forward-looking nature) that we may make in any subsequent Annual Report on Form 10-K, Quarterly Report on Form 10-Q, or Current Report on Form 8-K.

- 9 -

EX-99.2 3 ex992-qpsx2q26.htm EX-99.2 Document

Quarterly Performance Summary

Truist Financial Corporation

Second Quarter 2026


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						4

Credit Quality						6

Segment Financial Performance						8
Capital Information						9
Selected Mortgage Banking Information & Additional Information						10

Non-GAAP Reconciliations						11

Financial Highlights


	Quarter Ended															Year-to-Date
(Dollars in millions, except per share data, shares in thousands)	June 30			March 31			Dec. 31			Sept. 30			June 30			June 30			June 30
	2026			2026			2025			2025			2025			2026			2025
Summary Income Statement
Interest income	$	5,967		$	5,855		$	6,114		$	6,286		$	6,154		$	11,822		$	12,142
Plus: TE adjustment	46			45			49			51			48			91			96
Interest income - TE(1)	6,013			5,900			6,163			6,337			6,202			11,913			12,238
Interest expense	2,346			2,256			2,414			2,657			2,567			4,602			5,048
Net interest income	3,621			3,599			3,700			3,629			3,587			7,220			7,094
Net interest income - TE(1)	3,667			3,644			3,749			3,680			3,635			7,311			7,190
Provision for credit losses	395			479			512			436			488			874			946
Net interest income after provision for credit losses	3,226			3,120			3,188			3,193			3,099			6,346			6,148
Noninterest income	1,644			1,553			1,546			1,558			1,400			3,197			2,792
Noninterest expense	3,055			2,983			3,170			3,014			2,986			6,038			5,892
Income before income taxes	1,815			1,690			1,564			1,737			1,513			3,505			3,048
Provision for income taxes	262			209			210			285			273			471			547


Net income	1,553			1,481			1,354			1,452			1,240			3,034			2,501



Preferred stock dividends and other	34			104			65			104			60			138			164
Net Income available to common shareholders	1,519			1,377			1,289			1,348			1,180			2,896			2,337

Additional Income Statement Information
Revenue	5,265			5,152			5,246			5,187			4,987			10,417			9,886
Revenue - TE(1)	5,311			5,197			5,295			5,238			5,035			10,508			9,982
PPNR(1)	2,256			2,214			2,125			2,224			2,049			4,470			4,090

Key Metrics
Earnings:


Earnings per share-basic	1.24			1.10			1.02			1.05			0.91			2.34			1.80


Earnings per share-diluted	1.23			1.09			1.00			1.04			0.90			2.31			1.78

Cash dividends declared per share	0.52			0.52			0.52			0.52			0.52			1.04			1.04
BVPS	48.04			47.60			47.74			46.70			45.70
TBVPS(1)	33.40			33.19			33.48			32.57			31.63
End of period shares outstanding	1,221,626			1,245,879			1,262,470			1,279,246			1,289,435
Weighted average shares outstanding-basic	1,224,867			1,248,628			1,267,341			1,280,571			1,292,292			1,236,682			1,299,833
Weighted average shares outstanding-diluted	1,239,040			1,266,572			1,285,078			1,296,666			1,305,005			1,252,766			1,314,779
ROA	1.13		%	1.10		%	0.99		%	1.06		%	0.93		%	1.12		%	0.94		%
ROCE	10.4			9.3			8.5			9.0			8.1			9.9			8.1
ROTCE(1)	15.4			13.8			12.7			13.6			12.3			14.6			12.3
NIM - TE(1)	2.98			3.02			3.07			3.01			3.02			3.00			3.02
Efficiency ratio	58.0			57.9			60.4			58.1			59.9			58.0			59.6



Credit Quality
Nonperforming loans and leases as a percentage of loans and leases HFI	0.51		%	0.50		%	0.48		%	0.48		%	0.39		%
NCO as a percentage of average loans and leases HFI	0.50			0.61			0.57			0.48			0.51			0.56		%	0.55		%

ALLL as a percentage of loans and leases HFI	1.51			1.53			1.53			1.54			1.54
Ratio of ALLL to nonperforming loans and leases HFI	2.9x			3.1x			3.2x			3.2x			3.9x
Average Balances
Assets	$	550,465		$	544,121		$	542,233		$	541,825		$	537,069		$	547,311		$	534,365
Securities(2)	118,138			116,118			117,707			119,180			121,829			117,134			122,939
Loans and leases	331,749			328,972			326,737			322,070			313,841			330,368			310,702
Deposits	404,869			398,924			396,010			396,600			400,483			401,913			396,366
Common shareholders’ equity	58,616			59,879			59,991			59,141			58,327			59,244			58,227
Total shareholders’ equity	63,788			64,794			65,338			65,049			64,235			64,289			64,135
Period-End Balances
Assets	$	556,023		$	548,975		$	547,538		$	543,851		$	543,833
Securities(2)	114,002			111,866			112,228			113,544			115,363
Loans and leases	332,273			331,412			330,478			325,663			319,999
Deposits	409,379			404,081			400,398			394,907			406,122
Common shareholders’ equity	58,684			59,298			60,273			59,739			58,933
Total shareholders’ equity	64,095			64,214			65,189			65,646			64,840
Capital and Liquidity Ratios	(preliminary)
Common equity tier 1	10.9		%	10.8		%	10.8		%	11.0		%	11.0		%
Tier 1	12.2			11.9			11.9			12.3			12.3
Total	14.0			13.7			13.8			14.2			14.3
Leverage	9.8			9.9			10.0			10.2			10.2
Supplementary leverage	8.2			8.3			8.3			8.5			8.5
Liquidity coverage ratio	113			110			111			110			110

Applicable ratios are annualized.

(1)Represents a non-GAAP measure. Reconciliations of these non-GAAP measures to the most directly comparable GAAP measures are included in the Non-GAAP Reconciliations section of this Quarterly Performance Summary or within the table above for TE measures. Net interest margin –TE is calculated using net interest income on a TE basis to determine the total yield on interest-earning assets.

(2)Includes AFS and HTM securities. Average balances reflect AFS and HTM securities at amortized cost. Period-end balances reflect AFS securities at fair value and HTM securities at amortized cost.

- 1 -

Consolidated Statements of Income


	Quarter Ended										Year-to-Date
	June 30		March 31		Dec. 31		Sept. 30		June 30		June 30		June 30
(Dollars in millions, except per share data, shares in thousands)	2026		2026		2025		2025		2025		2026		2025
Interest Income
Interest and fees on loans and leases	$	4,659	$	4,599	$	4,778	$	4,816	$	4,657	$	9,258	$	9,150
Interest on securities	871		849		896		941		961		1,720		1,936
Interest on other earning assets	437		407		440		529		536		844		1,056
Total interest income	5,967		5,855		6,114		6,286		6,154		11,822		12,142
Interest Expense
Interest on deposits	1,575		1,525		1,633		1,835		1,844		3,100		3,580
Interest on long-term debt	485		445		481		523		431		930		840
Interest on other borrowings	286		286		300		299		292		572		628
Total interest expense	2,346		2,256		2,414		2,657		2,567		4,602		5,048
Net Interest Income	3,621		3,599		3,700		3,629		3,587		7,220		7,094
Provision for credit losses	395		479		512		436		488		874		946
Net Interest Income After Provision for Credit Losses	3,226		3,120		3,188		3,193		3,099		6,346		6,148
Noninterest Income

Wealth management income	375		370		365		374		348		745		692
Card and treasury management fees	353		338		336		340		351		691		684
Investment banking and trading income	352		372		335		323		205		724		478
Other deposit revenue	120		120		121		125		108		240		225
Mortgage banking income	116		133		119		118		107		249		215
Lending related fees	120		118		98		103		99		238		194
Securities gains (losses)	—		—		—		—		(18)		—		(19)
Other income	208		102		172		175		200		310		323
Total noninterest income	1,644		1,553		1,546		1,558		1,400		3,197		2,792
Noninterest Expense
Personnel expense	1,792		1,727		1,818		1,748		1,678		3,519		3,282
Professional fees and outside processing	335		313		337		346		373		648		737
Software expense	239		230		242		233		231		469		461
Net occupancy expense	171		179		176		185		181		350		349
Equipment expense	79		85		90		90		89		164		171
Marketing and customer development	91		79		63		79		82		170		157
Amortization of intangibles	63		64		70		72		73		127		148
Regulatory costs	61		68		7		32		55		129		124

Other expense	224		238		367		229		224		462		463
Total noninterest expense	3,055		2,983		3,170		3,014		2,986		6,038		5,892
Earnings
Income before income taxes	1,815		1,690		1,564		1,737		1,513		3,505		3,048
Provision for income taxes	262		209		210		285		273		471		547


Net income	1,553		1,481		1,354		1,452		1,240		3,034		2,501




Preferred stock dividends and other	34		104		65		104		60		138		164


Net income available to common shareholders	$	1,519	$	1,377	$	1,289	$	1,348	$	1,180	$	2,896	$	2,337
Earnings Per Common Share


Earnings per share-basic	1.24		1.10		1.02		1.05		0.91		2.34		1.80


Earnings per share-diluted	1.23		1.09		1.00		1.04		0.90		2.31		1.78
Weighted Average Shares Outstanding
Basic	1,224,867		1,248,628		1,267,341		1,280,571		1,292,292		1,236,682		1,299,833
Diluted	1,239,040		1,266,572		1,285,078		1,296,666		1,305,005		1,252,766		1,314,779

- 2 -

Consolidated Ending Balance Sheets - Five Quarter Trend


	June 30		March 31		Dec. 31		Sept. 30		June 30
(Dollars in millions)	2026		2026		2025		2025		2025
Assets
Cash and due from banks	$	4,707	$	4,294	$	4,967	$	4,329	$	5,157
Interest-bearing deposits with banks	34,581		31,903		31,410		32,523		36,294
Securities borrowed or purchased under agreements to resell	4,431		4,047		3,200		2,981		2,656
Trading assets at fair value	5,288		5,235		5,790		5,731		5,963
AFS securities at fair value	67,651		65,430		65,042		65,522		66,390
HTM securities at amortized cost	46,351		46,436		47,186		48,022		48,973
Loans and leases:
Commercial:
Commercial and industrial	168,826		169,247		167,808		163,607		162,273
CRE	25,479		24,447		23,720		22,414		20,270
Commercial construction	7,372		7,620		7,783		8,027		8,277
Consumer:
Residential mortgage	56,632		56,297		56,807		57,623		57,828
Home equity	9,677		9,633		9,719		9,618		9,591
Indirect auto	23,840		25,054		25,659		25,490		24,558
Other consumer	33,164		32,097		32,181		32,070		31,122
Credit card	4,806		4,843		4,918		4,889		4,877
Total loans and leases held for investment	329,796		329,238		328,595		323,738		318,796
Loans held for sale	2,477		2,174		1,883		1,925		1,203
Total loans and leases	332,273		331,412		330,478		325,663		319,999
Allowance for loan and lease losses	(4,983)		(5,026)		(5,030)		(4,988)		(4,899)
Premises and equipment	3,177		3,145		3,172		3,176		3,197
Goodwill	17,125		17,125		17,125		17,125		17,125
Core deposit and other intangible assets	1,130		1,192		1,256		1,328		1,399
Loan servicing rights at fair value	4,293		4,112		3,972		3,776		3,612
Other assets	39,999		39,670		38,970		38,663		37,967
Total assets	$	556,023	$	548,975	$	547,538	$	543,851	$	543,833
Liabilities
Deposits:
Noninterest-bearing deposits	$	104,341	$	105,460	$	105,092	$	106,197	$	106,442
Interest checking	130,421		123,257		117,830		109,827		118,122
Money market and savings	133,688		135,702		139,044		135,931		133,891
Time deposits	40,929		39,662		38,432		42,952		47,667
Total deposits	409,379		404,081		400,398		394,907		406,122
Short-term borrowings	26,885		27,441		27,839		29,376		16,631
Long-term debt	42,976		41,622		41,963		41,729		44,427
Other liabilities	12,688		11,617		12,149		12,193		11,813
Total liabilities	491,928		484,761		482,349		478,205		478,993
Shareholders’ Equity:
Preferred stock	5,411		4,916		4,916		5,907		5,907
Common stock	6,108		6,229		6,312		6,396		6,447
Additional paid-in capital	31,616		32,610		33,663		34,278		34,620
Retained earnings	27,676		26,796		26,067		25,438		24,759
Accumulated other comprehensive loss	(6,716)		(6,337)		(5,769)		(6,373)		(6,893)

Total shareholders’ equity	64,095		64,214		65,189		65,646		64,840
Total liabilities and shareholders’ equity	$	556,023	$	548,975	$	547,538	$	543,851	$	543,833

- 3 -

Average Balances and Rates - Quarters


	Quarter Ended
	June 30, 2026						March 31, 2026						December 31, 2025						September 30, 2025						June 30, 2025
(Dollars in millions)	Average Balances(1)		Income/ Expense(2)		Yields/ Rates(2)		Average Balances(1)		Income/ Expense(2)		Yields/ Rates(2)		Average Balances(1)		Income/ Expense(2)		Yields/ Rates(2)		Average Balances(1)		Income/ Expense(2)		Yields/ Rates(2)		Average Balances(1)		Income/ Expense(2)		Yields/ Rates(2)
Assets
AFS and HTM securities at amortized cost:
U.S. Treasury	$	13,454	$	145	4.32	%	$	13,138	$	145	4.48	%	$	13,275	$	162	4.82	%	$	13,351	$	174	5.18	%	$	14,034	$	181	5.20	%
GSE	464		4		3.84		474		5		3.98		478		4		3.80		458		4		3.86		463		5		3.73
Agency MBS	103,367		717		2.78		102,089		696		2.73		103,591		727		2.81		104,998		760		2.89		106,947		772		2.89
States and political subdivisions	347		4		4.27		347		3		4.30		349		4		4.27		358		3		4.19		370		4		4.20

Other	506		3		2.12		70		—		1.65		14		—		4.42		15		1		4.50		15		—		4.53
Total securities	118,138		873		2.96		116,118		849		2.93		117,707		897		3.04		119,180		942		3.16		121,829		962		3.16
Loans and leases:
Commercial:
Commercial and industrial	168,817		2,211		5.25		166,636		2,179		5.30		163,990		2,267		5.49		162,207		2,312		5.66		158,491		2,262		5.72
CRE	24,938		349		5.56		24,165		339		5.64		23,205		354		5.99		21,171		336		6.25		19,687		308		6.22
Commercial construction	7,455		112		6.18		7,845		117		6.21		8,015		129		6.52		8,258		139		6.84		8,613		144		6.85
Consumer:
Residential mortgage	56,342		585		4.15		56,458		582		4.13		57,100		589		4.13		57,676		598		4.15		56,789		579		4.08
Home equity	9,656		169		7.02		9,666		167		6.99		9,679		176		7.24		9,588		182		7.51		9,586		178		7.47
Indirect auto	24,430		429		7.06		25,342		443		7.08		25,639		469		7.27		24,964		459		7.29		24,158		441		7.32
Other consumer	32,661		679		8.33		32,053		662		8.38		32,181		677		8.35		31,714		668		8.36		30,387		634		8.37
Credit card	4,863		133		10.93		4,857		129		10.79		4,956		136		10.89		4,915		146		11.74		4,890		139		11.35
Total loans and leases held for investment	329,162		4,667		5.68		327,022		4,618		5.71		324,765		4,797		5.87		320,493		4,840		6.00		312,601		4,685		6.01
Loans held for sale	2,587		35		5.54		1,950		26		5.24		1,972		28		5.64		1,577		24		6.18		1,240		19		6.15
Total loans and leases	331,749		4,702		5.68		328,972		4,644		5.71		326,737		4,825		5.87		322,070		4,864		6.00		313,841		4,704		6.01
Interest earning trading assets	5,618		75		5.32		5,807		74		5.09		6,015		82		5.38		5,991		86		5.70		5,896		88		5.98
Other earning assets(3)	36,956		363		3.89		35,457		333		3.77		34,138		359		4.13		38,765		445		4.50		39,417		448		4.51
Total earning assets	492,461		6,013		4.89		486,354		5,900		4.90		484,597		6,163		5.05		486,006		6,337		5.18		480,983		6,202		5.16
Nonearning assets	58,004						57,767						57,636						55,819						56,086
Total assets	$	550,465					$	544,121					$	542,233					$	541,825					$	537,069
Liabilities and Shareholders’ Equity
Interest-bearing deposits:
Interest checking	$	123,556	652		2.12		$	120,110	619		2.09		$	112,313	618		2.18		$	109,244	677		2.46		$	116,193	726		2.51
Money market and savings	136,423		608		1.79		136,106		609		1.81		138,114		677		1.95		136,515		755		2.19		135,607		751		2.22
Time deposits	41,270		315		3.06		39,337		297		3.06		40,031		338		3.35		45,090		403		3.54		41,997		367		3.50
Total interest-bearing deposits	301,249		1,575		2.10		295,553		1,525		2.09		290,458		1,633		2.23		290,849		1,835		2.50		293,797		1,844		2.52
Short-term borrowings	28,893		286		3.97		30,669		286		3.78		29,128		300		4.08		26,796		299		4.42		26,241		292		4.47
Long-term debt	40,640		485		4.77		37,141		445		4.80		39,138		481		4.91		41,458		523		5.04		34,213		431		5.02
Total interest-bearing liabilities	370,782		2,346		2.54		363,363		2,256		2.51		358,724		2,414		2.67		359,103		2,657		2.94		354,251		2,567		2.91
Noninterest-bearing deposits	103,620						103,371						105,552						105,751						106,686
Other liabilities	12,275						12,593						12,619						11,922						11,897
Shareholders’ equity	63,788						64,794						65,338						65,049						64,235
Total liabilities and shareholders’ equity	$	550,465					$	544,121					$	542,233					$	541,825					$	537,069
Average interest-rate spread					2.35						2.39						2.38						2.24						2.25

Net interest income / net interest margin -TE(2)			$	3,667	2.98	%			$	3,644	3.02	%			$	3,749	3.07	%			$	3,680	3.01	%			$	3,635	3.02	%
TE adjustment(2)			46						45						49						51						48
Net interest income			$	3,621					$	3,599					$	3,700					$	3,629					$	3,587
Memo: Total deposits	$	404,869	1,575		1.56	%	$	398,924	1,525		1.55	%	$	396,010	1,633		1.64	%	$	396,600	1,835		1.84	%	$	400,483	1,844		1.85	%

(1)Represents daily average balances. Unrealized gains and losses on AFS securities are included in nonearning assets. Active hedge basis adjustments for fair value hedges are included in nonearning assets and other liabilities.

(2)Amounts related to interest income and yields are on a TE basis, which represents a non-GAAP measure, utilizing the federal income tax rate of 21% for the periods presented. Interest income includes certain fees, deferred costs, and dividends. A reconciliation of net interest income - TE to net interest income is included within the table above. NIM – TE is calculated using net interest income on a TE basis to determine the total yield on interest-earning assets.

(3)Includes cash equivalents, interest-bearing deposits with banks, FHLB stock, and other earning assets.

- 4 -

Average Balances and Rates - Year-To-Date


	Year-to-Date
	June 30, 2026						June 30, 2025
(Dollars in millions)	Average Balances(1)		Income/Expense(2)		Yields/ Rates(2)		Average Balances(1)		Income/Expense(2)		Yields/ Rates(2)
Assets
AFS and HTM securities at amortized cost:
U.S. Treasury	$	13,297	$	290	4.40	%	$	14,448	$	372	5.19	%
GSE	469		9		3.91		462		9		3.74
Agency MBS	102,732		1,413		2.75		107,643		1,549		2.88
States and political subdivisions	347		7		4.29		370		8		4.20

Other	289		3		2.06		16		—		4.63
Total securities	117,134		1,722		2.95		122,939		1,938		3.16
Loans and leases:
Commercial:
Commercial and industrial	167,732		4,390		5.27		156,861		4,446		5.71
CRE	24,554		688		5.60		19,759		610		6.17
Commercial construction	7,649		229		6.20		8,673		289		6.84
Consumer:
Residential mortgage	56,400		1,167		4.14		56,226		1,141		4.06
Home equity	9,661		336		7.00		9,578		355		7.47
Indirect auto	24,884		872		7.07		23,705		853		7.26
Other consumer	32,358		1,341		8.36		29,843		1,236		8.35
Credit card	4,860		262		10.86		4,870		277		11.47

Total loans and leases held for investment	328,098		9,285		5.70		309,515		9,207		5.99
Loans held for sale	2,270		61		5.40		1,187		36		6.04
Total loans and leases	330,368		9,346		5.70		310,702		9,243		5.99
Interest earning trading assets	5,712		149		5.20		5,763		168		5.85
Other earning assets(3)	36,210		696		3.83		39,208		889		4.52
Total earning assets	489,424		11,913		4.89		478,612		12,238		5.14
Nonearning assets	57,887						55,753
Total assets	$	547,311					$	534,365
Liabilities and Shareholders’ Equity
Interest-bearing deposits:
Interest checking	$	121,843	1,271		2.10		$	112,720	1,366		2.44
Money market and savings	136,265		1,217		1.80		136,249		1,494		2.21
Time deposits	40,309		612		3.06		41,104		720		3.53

Total interest-bearing deposits	298,417		3,100		2.09		290,073		3,580		2.49
Short-term borrowings	29,776		572		3.87		28,275		628		4.48
Long-term debt	38,900		930		4.79		33,320		840		5.04
Total interest-bearing liabilities	367,093		4,602		2.52		351,668		5,048		2.89
Noninterest-bearing deposits	103,496						106,293
Other liabilities	12,433						12,269
Shareholders’ equity	64,289						64,135
Total liabilities and shareholders’ equity	$	547,311					$	534,365
Average interest-rate spread					2.37						2.25

Net interest income / net interest margin - taxable equivalent			$	7,311	3.00	%			$	7,190	3.02	%
Taxable-equivalent adjustment			91						96
Net interest income			$	7,220					$	7,094
Memo: Total deposits	$	401,913	3,100		1.56	%	$	396,366	3,580		1.82	%

(3)Includes cash equivalents, interest-bearing deposits with banks, FHLB stock, and other earning assets.

- 5 -

Credit Quality


	June 30		March 31		Dec. 31		Sept. 30		June 30
(Dollars in millions)	2026		2026		2025		2025		2025
Nonperforming Assets
Nonaccrual loans and leases:
Commercial:
Commercial and industrial	$	657	$	738	$	839	$	800	$	520
CRE	43		21		47		98		128
Commercial construction	22		23		41		42		1

Consumer:
Residential mortgage	231		231		213		196		191
Home equity	98		101		99		103		107
Indirect auto	569		455		267		247		240
Other consumer	72		73		71		66		64


Total nonaccrual loans and leases held for investment	1,692		1,642		1,577		1,552		1,251
Loans held for sale	—		79		—		19		12
Total nonaccrual loans and leases	1,692		1,721		1,577		1,571		1,263
Foreclosed real estate	5		6		3		4		4

Other foreclosed property	51		58		53		54		49
Total nonperforming assets	$	1,748	$	1,785	$	1,633	$	1,629	$	1,316



















Loans 90 Days or More Past Due and Still Accruing
Commercial:
Commercial and industrial	$	2	$	4	$	3	$	3	$	2
CRE	3		—		—		—		—


Consumer:
Residential mortgage - government guaranteed	560		609		532		438		424
Residential mortgage - nonguaranteed	33		39		38		41		41
Home equity	8		7		7		6		6

Other consumer	25		26		28		27		24


Credit card	67		75		76		69		49

Total loans 90 days past due and still accruing	$	698	$	760	$	684	$	584	$	546
Loans 30-89 Days Past Due and Still Accruing
Commercial:
Commercial and industrial	$	142	$	260	$	127	$	73	$	122
CRE	95		42		25		6		34
Commercial construction	—		10		36		5		15

Consumer:
Residential mortgage - government guaranteed	311		263		329		327		330
Residential mortgage - nonguaranteed	354		293		357		344		365
Home equity	52		57		69		54		54
Indirect auto	521		508		679		620		582
Other consumer	232		240		281		241		239


Credit card	67		70		77		73		70

Total loans 30-89 days past due and still accruing	$	1,774	$	1,743	$	1,980	$	1,743	$	1,811



	As of/For the Quarter Ended
	June 30		March 31		Dec. 31		Sept. 30		June 30
	2026		2026		2025		2025		2025
Asset Quality Ratios
Nonperforming loans and leases as a percentage of loans and leases	0.51	%	0.50	%	0.48	%	0.48	%	0.39	%
Nonperforming loans and leases(1) as a percentage of total loans and leases(1)	0.51		0.52		0.48		0.48		0.39
Nonperforming assets(1) as a percentage of total assets	0.31		0.33		0.30		0.30		0.24
Nonperforming assets as a percentage of loans and leases plus foreclosed property	0.53		0.52		0.50		0.50		0.41
Loans 90 days or more past due and still accruing as a percentage of loans and leases	0.21		0.23		0.21		0.18		0.17
Loans 90 days or more past due and still accruing as a percentage of loans and leases, excluding government guaranteed loans	0.04		0.05		0.05		0.05		0.04
Loans 30-89 days past due and still accruing as a percentage of loans and leases	0.54		0.53		0.60		0.54		0.57
Allowance for loan and lease losses as a percentage of loans and leases	1.51		1.53		1.53		1.54		1.54
Ratio of allowance for loan and lease losses to:
Net charge-offs (annualized)	3.0X		2.5X		2.7X		3.3X		3.1X
Nonperforming loans and leases	2.9X		3.1X		3.2X		3.2X		3.9X
(1)Nonperforming assets and total loans and leases include loans held for sale.

							As of/For the Year-to-Date
							Period Ended June 30
							2026		2025
Asset Quality Ratios
Net charge-offs as a percentage of average loans and leases							0.56	%	0.55	%
Ratio of allowance for loan and lease losses to net charge-offs							2.7X		2.9X
Applicable ratios are annualized.

- 6 -



	As of/For the Quarter Ended										As of/For the Year-to-Date
	June 30		March 31		Dec. 31		Sept. 30		June 30		Period Ended June 30
(Dollars in millions)	2026		2026		2025		2025		2025		2026		2025
Allowance for Credit Losses
Beginning balance	$	5,335	$	5,347	$	5,305	$	5,253	$	5,166	$	5,347	$	5,161
Provision for credit losses	395		479		512		436		488		874		946
Charge-offs:
Commercial:
Commercial and industrial	(137)		(142)		(141)		(98)		(120)		(279)		(222)
CRE	(1)		(7)		(14)		(25)		(38)		(8)		(108)
Commercial construction	(1)		(17)		—		—		—		(18)		—

Consumer:
Residential mortgage	(1)		(1)		(3)		(1)		(1)		(2)		(2)
Home equity	(3)		(3)		(2)		(2)		(4)		(6)		(6)
Indirect auto	(135)		(158)		(160)		(150)		(127)		(293)		(281)
Other consumer	(168)		(184)		(178)		(155)		(146)		(352)		(300)

Credit card	(70)		(71)		(67)		(49)		(70)		(141)		(144)

Total charge-offs	(516)		(583)		(565)		(480)		(506)		(1,099)		(1,063)
Recoveries:
Commercial:
Commercial and industrial	22		16		23		20		31		38		55
CRE	1		3		6		2		3		4		10
Commercial construction	1		1		1		—		1		2		1

Consumer:
Residential mortgage	1		2		1		2		—		3		2
Home equity	3		3		3		5		4		6		8
Indirect auto	29		25		24		25		28		54		53
Other consumer	35		33		28		31		31		68		61

Credit card	10		9		9		10		12		19		23

Total recoveries	102		92		95		95		110		194		213
Net charge-offs	(414)		(491)		(470)		(385)		(396)		(905)		(850)
Other	—		—		—		1		(5)		—		(4)
Ending balance	$	5,316	$	5,335	$	5,347	$	5,305	$	5,253	$	5,316	$	5,253
Allowance for Credit Losses:


Allowance for loan and lease losses	$	4,983	$	5,026	$	5,030	$	4,988	$	4,899
Reserve for unfunded lending commitments	333		309		317		317		354
Allowance for credit losses	$	5,316	$	5,335	$	5,347	$	5,305	$	5,253


	Quarter Ended										As of/For the Year-to-Date
	June 30		March 31		Dec. 31		Sept. 30		June 30		Period Ended June 30
	2026		2026		2025		2025		2025		2026		2025
Net Charge-offs as a Percentage of Average Loans and Leases:
Commercial:
Commercial and industrial	0.27	%	0.31	%	0.29	%	0.19	%	0.22	%	0.29	%	0.21	%
CRE	—		0.06		0.14		0.44		0.71		0.03		1.00
Commercial construction	(0.01)		0.84		(0.04)		(0.03)		(0.02)		0.42		(0.02)
Consumer:
Residential mortgage	—		(0.01)		0.01		—		—		—		—
Home equity	0.02		(0.02)		(0.04)		(0.11)		(0.04)		—		(0.05)
Indirect auto	1.73		2.14		2.10		1.99		1.63		1.94		1.94
Other consumer	1.63		1.91		1.84		1.55		1.54		1.77		1.62
Credit card	4.97		5.15		4.64		3.13		4.84		5.06		5.02

Total loans and leases	0.50		0.61		0.57		0.48		0.51		0.56		0.55

Ratios are annualized.

- 7 -

Segment Financial Performance - Preliminary



	Quarter Ended
	June 30		March 31		Dec. 31		Sept. 30		June 30
(Dollars in millions)	2026		2026		2025		2025		2025
Consumer and Small Business Banking
Net interest income (expense)	$	1,624	$	1,605	$	1,622	$	1,570	$	1,496
Net intersegment interest income (expense)	980		889		863		851		828
Segment net interest income (expense)	2,604		2,494		2,485		2,421		2,324
Allocated provision for credit losses	307		374		431		400		384


Noninterest income	530		528		521		530		519
Personnel expense	443		433		443		449		434
Amortization of intangibles	33		34		37		38		39

Other direct noninterest expense	312		293		288		281		286
Direct noninterest expense	788		760		768		768		759
Expense allocations	933		920		934		936		940
Total noninterest expense	1,721		1,680		1,702		1,704		1,699
Income (loss) before income taxes	1,106		968		873		847		760
Provision (benefit) for income taxes	271		238		212		207		186
Segment net income (loss)	$	835	$	730	$	661	$	640	$	574




Wholesale Banking
Net interest income (expense)	$	1,942	$	1,922	$	2,018	$	2,030	$	1,872
Net intersegment interest income (expense)	(411)		(414)		(402)		(452)		(306)
Segment net interest income (expense)	1,531		1,508		1,616		1,578		1,566
Allocated provision for credit losses	90		105		82		36		104


Noninterest income	1,158		1,069		1,134		1,142		941
Personnel expense	626		612		668		598		574
Amortization of intangibles	30		30		33		34		34

Other direct noninterest expense	200		187		188		199		202
Direct noninterest expense	856		829		889		831		810
Expense allocations	528		520		465		485		519
Total noninterest expense	1,384		1,349		1,354		1,316		1,329
Income (loss) before income taxes	1,215		1,123		1,314		1,368		1,074
Provision (benefit) for income taxes	255		232		272		284		213
Segment net income (loss)	$	960	$	891	$	1,042	$	1,084	$	861































Other, Treasury & Corporate(1)
Net interest income (expense)	$	55	$	72	$	60	$	29	$	219
Net intersegment interest income (expense)	(569)		(475)		(461)		(399)		(522)
Segment net interest income (expense)	(514)		(403)		(401)		(370)		(303)
Allocated provision for credit losses	(2)		—		(1)		—		—


Noninterest income	(44)		(44)		(109)		(114)		(60)
Personnel expense	723		682		707		701		670
Amortization of intangibles	—		—		—		—		—

Other direct noninterest expense	688		712		806		714		747
Direct Noninterest Expense	1,411		1,394		1,513		1,415		1,417
Expense Allocations	(1,461)		(1,440)		(1,399)		(1,421)		(1,459)
Total noninterest expense	(50)		(46)		114		(6)		(42)
Income (loss) before income taxes	(506)		(401)		(623)		(478)		(321)
Provision (benefit) for income taxes	(264)		(261)		(274)		(206)		(126)
Segment net income (loss)	$	(242)	$	(140)	$	(349)	$	(272)	$	(195)


Total Truist Financial Corporation
Net interest income (expense)	$	3,621	$	3,599	$	3,700	$	3,629	$	3,587
Net intersegment interest income (expense)	—		—		—		—		—
Segment net interest income (expense)	3,621		3,599		3,700		3,629		3,587
Allocated provision for credit losses	395		479		512		436		488
Noninterest income	1,644		1,553		1,546		1,558		1,400


Personnel expense	1,792		1,727		1,818		1,748		1,678
Amortization of intangibles	63		64		70		72		73

Other direct noninterest expense	1,200		1,192		1,282		1,194		1,235
Direct Noninterest Expense	3,055		2,983		3,170		3,014		2,986
Expense Allocations	—		—		—		—		—
Total noninterest expense	3,055		2,983		3,170		3,014		2,986
Income before income taxes	1,815		1,690		1,564		1,737		1,513
Provision for income taxes	262		209		210		285		273
Net income	$	1,553	$	1,481	$	1,354	$	1,452	$	1,240

(1)Includes financial data from subsidiaries below the quantitative and qualitative thresholds requiring disclosure.

- 8 -

Capital Information - Five Quarter Trend


	As of/For the Quarter Ended
	June 30			March 31			Dec. 31			Sept. 30			June 30
(Dollars in millions, except per share data, shares in thousands)	2026			2026			2025			2025			2025
Selected Capital Information	(preliminary)
Risk-based capital:
Common equity tier 1	$	47,488		$	47,683		$	48,027		$	48,031		$	47,678
Tier 1	52,896			52,596			52,940			53,935			53,582
Total	60,707			60,470			61,255			62,377			62,119
Risk-weighted assets	434,799			440,333			443,257			438,114			434,609
Average quarterly assets for leverage ratio	537,658			530,908			529,156			529,861			525,567
Average quarterly assets for supplementary leverage ratio	645,213			636,907			635,249			635,076			626,855
Risk-based capital ratios:
Common equity tier 1	10.9		%	10.8		%	10.8		%	11.0		%	11.0		%
Tier 1	12.2			11.9			11.9			12.3			12.3
Total	14.0			13.7			13.8			14.2			14.3
Leverage capital ratio	9.8			9.9			10.0			10.2			10.2
Supplementary leverage	8.2			8.3			8.3			8.5			8.5
Common equity per common share	$	48.04		$	47.60		$	47.74		$	46.70		$	45.70

- 9 -

Selected Mortgage Banking Information & Additional Information


	As of/For the Quarter Ended
	June 30			March 31			Dec. 31			Sept. 30			June 30
(Dollars in millions, except per share data)	2026			2026			2025			2025			2025
Mortgage Banking Income
Residential mortgage income:
Residential mortgage production revenue	$	24		$	27		$	26		$	22		$	25
Residential mortgage servicing income:


Residential mortgage servicing income before MSR valuation	70			82			77			74			72




Net MSRs valuation	5			9			1			9			1
Total residential mortgage servicing income	75			91			78			83			73
Total residential mortgage income	99			118			104			105			98
Commercial mortgage income:
Commercial mortgage production revenue	7			12			12			10			6
Commercial mortgage servicing income:


Commercial mortgage servicing income before MSR valuation	5			3			2			4			3



Net MSRs valuation	5			—			1			(1)			—
Total commercial mortgage servicing income	10			3			3			3			3
Total commercial mortgage income	17			15			15			13			9
Total mortgage banking income	$	116		$	133		$	119		$	118		$	107

Other Mortgage Banking Information
Residential mortgage loan originations	$	6,824		$	5,137		$	4,551		$	4,743		$	5,855
Residential mortgage servicing portfolio:(1)
Loans serviced for others	240,764			233,870			228,383			221,274			213,002
Bank-owned loans serviced	57,894			57,386			57,583			58,396			57,748
Total servicing portfolio	298,658			291,256			285,966			279,670			270,750
Weighted-average coupon rate on mortgage loans serviced for others	3.79		%	3.77		%	3.77		%	3.75		%	3.70		%
Weighted-average servicing fee on mortgage loans serviced for others	0.29			0.29			0.28			0.28			0.28

Additional Information
Brokered deposits(2)	$	26,812		$	28,488		$	29,835		$	28,423		$	30,008

NQDCP income (expense):(3)
Interest income	$	—		$	(6)		$	4		$	1		$	—
Other income	31			(7)			(1)			17			21
Personnel expense	(31)			13			(3)			(18)			(21)
Total NQDCP income (expense)	$	—		$	—		$	—		$	—		$	—


Common stock prices:
High	$	52.11		$	56.20		$	50.86		$	47.46		$	43.25
Low	45.83			43.13			40.78			41.98			33.56
End of period	49.82			45.97			49.21			45.72			42.99
Banking offices	1,927			1,927			1,927			1,927			1,927
ATMs	2,820			2,826			2,829			2,837			2,847
Full-time equivalent teammates(4)	37,849			37,877			38,062			38,534			37,996

(1)Amounts reported are unpaid principal balance.

(2)Amounts represented in interest checking, money market and savings, and time deposits.

(3)Relates to plans where Truist holds assets in proportion to participant elections.

(4)Full-time equivalent teammates represents an average for the quarter.

- 10 -

Non-GAAP Reconciliations

Pre-Provision Net Revenue


	Quarter Ended										Year-to-Date
	June 30		March 31		Dec. 31		Sept. 30		June 30		June 30		June 30
(Dollars in millions)	2026		2026		2025		2025		2025		2026		2025
Net income	$	1,553	$	1,481	$	1,354	$	1,452	$	1,240	$	3,034	$	2,501
Provision for credit losses	395		479		512		436		488		874		946
Provision for income taxes	262		209		210		285		273		471		547
Taxable-equivalent adjustment	46		45		49		51		48		91		96
Pre-provision net revenue(1)	$	2,256	$	2,214	$	2,125	$	2,224	$	2,049	$	4,470	$	4,090

(1)Pre-provision net revenue is a non-GAAP measure that adjusts net income determined in accordance with GAAP to exclude the impact of the provision for credit losses and provision for income taxes. Truist’s management believes this measure provides a greater understanding of ongoing operations and enhances comparability of results with prior periods.

Return on Average Tangible Common Shareholders’ Equity






	Quarter Ended															Year-to-Date
	June 30			March 31			Dec. 31			Sept. 30			June 30			June 30			June 30
(Dollars in millions)	2026			2026			2025			2025			2025			2026			2025
Net income available to common shareholders	$	1,519		$	1,377		$	1,289		$	1,348		$	1,180		$	2,896		$	2,337

Amortization of intangibles	63			64			70			72			73			127			148
Applicable income taxes related to the amortization of intangibles(2)	(15)			(15)			(16)			(18)			(17)			(30)			(35)

Tangible net income available to common shareholders(1)	$	1,567		$	1,426		$	1,343		$	1,402		$	1,236		$	2,993		$	2,450

Average common shareholders’ equity	$	58,616		$	59,879		$	59,991		$	59,141		$	58,327		$	59,244		$	58,227
Average intangible assets	(18,321)			(18,386)			(18,456)			(18,528)			(18,590)			(18,353)			(18,630)
Applicable deferred taxes related to intangible assets(2)	401			404			409			415			417			402			420

Average tangible common shareholders’ equity(1)	$	40,696		$	41,897		$	41,944		$	41,028		$	40,154		$	41,293		$	40,017

Return on average common shareholders’ equity	10.4		%	9.3		%	8.5		%	9.0		%	8.1		%	9.9		%	8.1		%
Return on average tangible common shareholders’ equity(1)	15.4			13.8			12.7			13.6			12.3			14.6			12.3

(1)Tangible net income available to common shareholders, average tangible common shareholders’ equity, and return on average tangible common shareholders' equity are non-GAAP measures that exclude the impact of intangible assets, net of deferred taxes. These measures are useful for evaluating the performance of a business consistently, whether acquired or developed internally. Truist’s management uses these measures to assess balance sheet risk and shareholder value. These measures are not necessarily comparable to similar measures that may be presented by other companies.

(2)Calculated using the applicable marginal tax rate.

Tangible Book Value per Common Share


	June 30		March 31		Dec. 31		Sept. 30		June 30
(Dollars in millions, except per share data, shares in thousands)	2026		2026		2025		2025		2025
Calculations of Tangible Common Equity and Related Measures:(1)
Total shareholders’ equity	$	64,095	$	64,214	$	65,189	$	65,646	$	64,840
Preferred stock	(5,411)		(4,916)		(4,916)		(5,907)		(5,907)
Common shareholders’ equity	58,684		59,298		60,273		59,739		58,933

Intangible assets	(18,287)		(18,350)		(18,416)		(18,489)		(18,561)
Applicable deferred taxes related to intangible assets(2)	400		403		407		413		418
Tangible common equity	$	40,797	$	41,351	$	42,264	$	41,663	$	40,790

Outstanding shares at end of period	1,221,626		1,245,879		1,262,470		1,279,246		1,289,435
Common equity per common share	$	48.04	$	47.60	$	47.74	$	46.70	$	45.70
Tangible common equity per common share	33.40		33.19		33.48		32.57		31.63

(1)Tangible common equity and related measures are non-GAAP measures that exclude preferred stock and intangible assets, net of deferred taxes. These measures are useful for evaluating the performance of a business consistently, whether acquired or developed internally. Truist’s management uses these measures to assess balance sheet risk and shareholder value. These measures are not necessarily comparable to similar measures that may be presented by other companies.

(2)Calculated using the applicable marginal tax rate.

- 11 -

EX-99.3 4 ex993-earningsdeck2q26.htm EX-99.3 ex993-earningsdeck2q26

Second Quarter 2026 Earnings Conference Call Bill Rogers - Chairman & CEO Mike Maguire - CFO July 17, 2026

2 From time to time we have made, and in the future will make, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the fact that they do not relate strictly to historical or current facts. Forward-looking statements often use words such as “believe,” “expect,” “anticipate,” “intend,” “pursue,” “seek,” “continue,” “estimate,” “project,” “outlook,” “forecast,” “potential,” “target,” “objective,” “trend,” “plan,” “goal,” “initiative,” “priorities,” or other words of comparable meaning or future-tense or conditional verbs such as “may,” “will,” “should,” “would,” or “could.” Forward-looking statements convey our expectations, intentions, or forecasts about future events, circumstances, or results. In particular, forward-looking statements include statements we make about: (i) Truist’s ROTCE goals in future periods, including achieving a 15% ROTCE in 2027, and its confidence in meeting those goals, (ii) expected prepayments of investment securities and fixed rate loans and growth in net interest income in 2026, (iii) projections or estimates of common stock repurchases and preferred stock dividends, (iv) Truist being well positioned to grow and return capital to shareholders, (v) guidance with respect to financial performance metrics in future periods, including future levels of taxable equivalent revenue, noninterest expense, and net charge-off ratio, and (vi) Truist’s effective tax rate in future periods. This presentation, including any information incorporated by reference in this presentation, contains forward-looking statements. We also may make forward-looking statements in other documents that are filed or furnished with the SEC. In addition, we may make forward-looking statements orally or in writing to investors, analysts, members of the media, and others. All forward- looking statements, by their nature, are subject to assumptions, risks, and uncertainties, which may change over time and many of which are beyond our control. You should not rely on any forward-looking statement as a prediction or guarantee about the future. Actual future objectives, strategies, plans, prospects, performance, conditions, and results may differ materially from those set forth in any forward-looking statement. While no list of assumptions, risks, and uncertainties could be complete, some of the factors that may cause actual results or other future events or circumstances to differ from those in forward-looking statements include: • changes in monetary, fiscal, and trade laws or policies, including tariffs or interest rates; • evolving political, geopolitical, business, social, economic, and market conditions at the local, regional, national, and international levels; • our ability to effectively address economic, business, or market deterioration, slowdowns or disruptions; • disruptions and shifts in investor sentiment or behavior in the securities, capital, or other financial markets, including financial or systemic shocks and volatility or changes in market liquidity, interest or currency rates, or valuations; • changes in business and consumer sentiment, preferences, or behavior, including spending, borrowing, or saving by businesses or households; • negative market perceptions of our investment portfolio or its value; • our ability to manage credit risk, including in connection with the loans that we originate or purchase; • the credit, liquidity, or other financial condition of our clients, counterparties, service providers, or competitors; • our ability to cost-effectively fund our businesses and operations, including by accessing long- and short-term funding and liquidity and by retaining and growing client deposits; • our ability to manage any unexpected outflows of uninsured deposits and, in such a circumstance, to access substitute funding, and avoid selling investment securities or other assets at an unfavorable time or at a loss; • changes in our credit ratings and the related effects on our funding costs, ability to attract or retain funding, and relationships with clients and counterparties; • any instability or breakdown in the financial system, including as a result of the actual or perceived soundness of another financial institution or another participant in the financial system; • our ability to maintain secure and functional financial, accounting, technology, data processing, or other operating systems or infrastructure, including those that safeguard personal and other sensitive information; • our ability to keep pace with changes in technology, including technology-driven products and services relating to AI, that affect us or our clients, counterparties, service providers, or competitors or to maintain rights or interests in associated intellectual property; • our ability to manage system failures or disruptions affecting operations, communications, or other systems or processes; • our ability to identify, assess, monitor, and mitigate physical-security and cybersecurity risks, including denial-of-service attacks, hacking, phishing, social-engineering attacks, malware intrusion, data-corruption attempts, system breaches, identity theft, ransomware attacks, AI-driven cyberattacks, environmental conditions, and intentional acts of destruction; • the performance, availability, and resilience of third-party service providers on whom we rely in delivering products and services to our clients and otherwise in conducting our business and operations; • the adequacy and effectiveness of our corporate governance, risk-management framework, compliance programs, and internal controls over financial reporting, including our ability to identify, assess, monitor, and mitigate risks, remediate lapses or deficiencies in financial reporting, and make appropriate estimates; • our ability to develop, maintain, and market our products or services and to manage risks and unanticipated costs or liabilities associated with those products or services; • our ability to satisfactorily and profitably perform loan servicing and similar obligations; • the legal, regulatory, and supervisory environment, including changes in financial services legislation, regulation, policies, or government leadership or personnel; • U.S. and international regulatory capital and liquidity requirements and standards and their effects on our capital and liquidity levels, ratios, buffers, and targets, and our ability to pay or increase dividends, repurchase shares, or take other capital actions; • our ability to address scrutiny and expectations from supervisory or other governmental authorities and to timely and credibly remediate related concerns or deficiencies; • judicial, regulatory, and administrative inquiries, examinations, investigations, proceedings, disputes, or rulings that create uncertainty for or are adverse to us or the financial services industry; • the outcomes of judicial, regulatory, and administrative inquiries, examinations, investigations, proceedings, disputes, or rulings to which we are or may be subject (either directly or indirectly through our ownership interests in other entities) and our ability to absorb and address any damages or other remedies that are sought or awarded and any collateral consequences; • our ability to execute strategic and operational plans, including with respect to accelerating growth, improving profitability, investing in talent, technology, and risk infrastructure, maintaining expense, credit, and risk discipline, and returning capital to shareholders; • our ability to innovate, to anticipate the needs of current or future clients, or to make timely and effective technology investments and enhancements to meet client expectations; • our ability to compete successfully, to increase or maintain market share in changing competitive environments, or to address pricing or other competitive pressures, including competition from banks and nonbanks and the effects of digital assets, cryptocurrencies, stablecoins, tokenization, and other emerging products, services, and technologies relating to deposits, lending, and payments; • changes in our corporate and business strategies, the composition of our assets, or the way in which we fund those assets; • our ability to successfully make and integrate acquisitions and to effect divestitures, which may include regulatory approvals and conditions; • the efficacy of our methods or models in assessing business strategies or opportunities or in valuing, measuring, estimating, monitoring, or managing positions or risk; • evolving accounting standards and policies and related changes to interpretations; • damage to our brand or negative public opinion or adverse publicity affecting us, our leaders, or our service providers, including the impact on our relationships with clients, teammates, and other stakeholders; • our ability to attract, hire, and retain key teammates and to engage in adequate succession planning; • our ability to identify, assess, monitor, and mitigate the risk of fraud or misconduct by internal or external parties, including potential losses that may result; • policies and other actions of governments to manage and mitigate climate and related environmental risks, and the effects of climate change or the transition to a lower-carbon economy on our business, operations, and reputation; • natural or other disasters, calamities, and conflicts, including terrorist events, cyber-warfare, and pandemics that impact us or our clients, teammates, or service providers; and • other assumptions, risks, or uncertainties described in the Company’s Annual Report on Form 10-K or subsequent reports. Any forward-looking statement made by us or on our behalf speaks only as of the date that it was made. We do not undertake to update any forward-looking statement to reflect the impact of events, circumstances, or results that arise after the date that the statement was made, except as required by applicable securities laws. You, however, should consult further disclosures (including disclosures of a forward-looking nature) that we may make in any subsequent Annual Report on Form 10-K, Quarterly Report on Form 10-Q, or Current Report on Form 8-K. Forward-looking statements

3 Non-GAAP financial information This presentation contains financial information and performance measures determined by methods other than in accordance with accounting principles generally accepted in the United States of America ("GAAP"). Truist’s management uses these “non-GAAP” measures in their analysis of Truist’s performance and the efficiency of its operations. Management believes these non-GAAP measures are useful to investors because they provide a greater understanding of ongoing operations, enhance comparability of results with prior periods, and demonstrate the effects of significant items in the current period. Truist believes a meaningful analysis of its financial performance requires an understanding of the factors underlying that performance. These disclosures should not be viewed as a substitute for financial measures determined in accordance with GAAP, nor are they necessarily comparable to non-GAAP performance measures that may be presented by other companies. Below is a listing of the types of non-GAAP measures used in this presentation: Taxable-Equivalent Measures - Taxable equivalent revenue, taxable equivalent net interest income, taxable equivalent net interest margin, and operating leverage - taxable equivalent include a taxable equivalent adjustment utilizing the federal income tax rate of 21% for certain tax-exempt instruments. Taxable equivalent net interest margin is calculated using net interest income on a taxable equivalent basis to determine the total yield on interest-earning assets. Truist’s management uses these measures in their analysis of Truist’s performance. Truist’s management believes these measures provide a greater understanding of ongoing operations and enhance comparability of results with prior periods. Pre-provision net revenue (PPNR) - Pre-provision net revenue is a non-GAAP measure that adjusts net income determined in accordance with GAAP to exclude the impact of the provision for credit losses and provision for income taxes. Truist’s management believes this measure provides a greater understanding of ongoing operations and enhances comparability of results with prior periods. Tangible common equity and related measures - Tangible common equity and related measures, including ROTCE, are non-GAAP measures that exclude the impact of intangible assets, net of deferred taxes, and their related amortization. These measures are useful for evaluating the performance of a business consistently, whether acquired or developed internally. Truist’s management uses these measures to assess profitability, returns relative to balance sheet risk, and shareholder value. Truist does not provide reconciliations for forward-looking non-GAAP financial measures because it is unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the difficulty of forecasting the occurrence and the financial impact of various items that have not yet occurred, are out of Truist’s control, or cannot be reasonably predicted. For the same reasons, Truist is unable to address the probable significance of the unavailable information. A copy of this presentation is available on the Truist Investor Relations website, ir.truist.com.

4 Purpose Inspire and build better lives and communities Mission Clients Provide distinctive, secure, and successful client experiences through touch and technology. Teammates Create an inclusive and energizing environment that empowers teammates to learn, grow, and have meaningful careers. Stakeholders Optimize long-term value for stakeholders through safe, sound, and ethical practices. Values Trustworthy We serve with integrity. Caring Everyone and every moment matters. One Team Together, we can accomplish anything. Success When our clients win, we all win. Happiness Positive energy changes lives.

5 Commentary reflects like quarter comparisons, unless otherwise noted (1) Represents a non-GAAP financial measure; see appendix for reconciliations 2Q26 key takeaways 2Q26 by the numbers $1.5 billion Net income available to common shareholders $1.23 Diluted EPS Executing on strategic priorities 320 bps Positive operating leverage-TE(1) 15.4% Return on average tangible common equity(1) $1.8 billion Capital returned to shareholders – Delivered 37% diluted EPS growth – Generated 17% noninterest income growth – Delivered 320 bps of positive operating leverage – Maintained strong asset quality metrics – Improved ROTCE by 310 bps to 15.4% – On track to achieve ROTCE targets

6 5.2 5.4 2Q25 2Q26 $213 $217 2Q25 2Q26 Consumer and Small Business Banking highlights Driving growth with Premier clients Active mobile app users(1) (in millions) Digital transaction volume (in millions) 39% YoY increase in CSBB new-to-bank deposit production $131 $133 2Q25 2Q26 87 93 2Q25 2Q26 4% 7% 2% 2% 150 bps YoY increase in online and mobile banking share of digital account production Deposit production per Premier advisor up 23% YoY Premier client new deposit production balances increased 20% YoY Average CSBB loans HFI ($ in billions) Average CSBB deposits ($ in billions) Premier advisor financial planning up 9% YoY (1) Clients who have logged into the mobile app over the prior 90 days 15% increase in 1H26 Wealth clients referred by CSBB vs. the prior period Growth moderated by portfolio optimization actions

7 (1) Average deposits include $10.9 billion of relatively high rate, short-term, M&A-related client deposits that were added to the balance sheet in late 1Q25. These deposits were withdrawn in July 2025. (2) Includes M&A, equity capital markets, and financial risk management $351 $353 2Q25 2Q26 $140 $149 $181 $196 2Q25 2Q26 2Q25 2Q26 Wholesale Banking highlights Core deposit strength 27% increase in 1H26 IB&T advisory revenue(2) vs. the prior period 35% increase in 1H26 commercial and corporate banking new client acquisition vs. the prior period 23% growth in 1H26 new investment assets from Truist client base vs. the prior period Average Wholesale deposits(1) and loans HFI ($ in billions) $348 $375 2Q25 2Q26 $205 $352 2Q25 2Q26 72% 8% (1%) 8% Wealth management income ($ in millions) Investment banking & trading income ($ in millions) LoansDeposits 1% 4 consecutive quarters of client deposit growth 75% of clients with the largest deposit increases are tied to payments Added master servicing capability in real estate to drive additional deposits and fee income Broad-based deposit growth across segment with 6% YoY growth in commercial and middle market M&A-related client deposits $11 +6% ex. M&A-related client deposits Card and treasury management fees ($ in millions)

8 $ in millions, except per share data Key metrics 2Q26 vs. 1Q26 vs. 2Q25 Revenue $5,311 2.2% 5.5% Expense $3,055 2.4% 2.3% PPNR $2,256 1.9% 10% Net income available to common shareholders $1,519 10% 29% Diluted EPS $1.23 13% 37% Net interest margin 2.98% (4) bps (4) bps ROA 1.13% 3 bps 20 bps ROCE 10.4% 110 bps 230 bps ROTCE 15.4% 160 bps 310 bps Efficiency ratio 58.0% 10 bps (190) bps NCO ratio 0.50% (11) bps (1) bp TBVPS $33.40 0.6% 5.6% CET1 ratio 10.9% 10 bps (10) bps Performance highlights – CET1 ratio increased to 10.9%; repurchased $1.2 billion of common stock in 2Q26 – Noninterest expense increased 2.4% vs. 1Q26 primarily due to higher personnel expense and professional fees and outside processing – Noninterest expense increased 2.3% vs. 2Q25 primarily due to higher personnel expense partially offset by lower professional fees and outside processing – Revenue increased 2.2% vs. 1Q26 primarily due to higher other income – Revenue increased 5.5% vs. 2Q25 primarily due to higher investment banking and trading and wealth management income Capital Noninterest expense – Reported 2Q26 net income available to common shareholders of $1.5 billion, or $1.23 per share – Diluted EPS increased 13% vs. 1Q26 and 37% vs. 2Q25 Earnings Revenue – Asset quality metrics remained strong Asset quality Note: All data points are taxable equivalent, where applicable; PPNR, ROTCE, and TBVPS are also non-GAAP financial measures; see appendix for reconciliations Current quarter regulatory capital information is preliminary

9 May not foot due to rounding Portfolio assignment based off loan purpose 5-quarter trend ($ in billions) Loan portfolio composition $329B Average loans HFI 51% Commercial and industrial 8% CRE 2% Commercial construction 17% Residential mortgage 3% Home equity 7% Indirect auto 10% Other consumer 1% Credit card Average loans and leases HFI $313 $320 $325 $327 $329 $187 $192 $195 $199 $201 $126 $129 $130 $128 $128 6.01% 6.00% 5.87% 5.71% 5.68% Commercial LHFI Consumer and card LHFI Loans HFI yield 2Q25 3Q25 4Q25 1Q26 2Q26 Strong momentum in commercial; optimizing less profitable and less strategic lending portfolios

10 38% 45% 46% 45% 24% 30% 31% 30% Interest-bearing deposit beta Total deposit beta 3Q25 4Q25 1Q26 2Q26 Average deposits $400 $397 $396 $399 $405 $294 $291 $290 $296 $301 $107 $106 $106 $103 $104 1.85% 1.84% 1.64% 1.55% 1.56% Interest-bearing deposits Noninterest-bearing deposits Total deposit cost (%) 2Q25 3Q25 4Q25 1Q26 2Q26 May not foot due to rounding (1) Average deposits include $10.9 billion of relatively high rate, short-term, M&A-related client deposits that were added to the balance sheet in late 1Q25. These deposits were withdrawn in July 2025. (2) Cumulative beta calculations are based on change in average total deposit or interest-bearing deposit cost divided by the change in average Fed Funds rate from 2Q24 Deposit mix Cumulative deposit beta trend(2) (Down rate) 5-quarter trend ($ in billions) 34% Money market & savings 10% Time 26% DDA 31% Interest checking $405B Average deposits Average deposits increased 1.1% vs. 2Q25(1)

11 Active receive-fixed $3,635 $3,680 $3,749 $3,644 $3,667 3.02% 3.01% 3.07% 3.02% 2.98% Net interest income-TE Net interest margin 2Q25 3Q25 4Q25 1Q26 2Q26 Fwd. starting receive-fixed Pay-fixed < 3yrs. Net interest income and net interest margin Fixed rate asset repricing and NII outlook ($ in billions) Swap portfolio overview ($ in billions) May not foot due to rounding (1) Net interest income and net interest margin include a taxable-equivalent adjustment, which is a non-GAAP measure. See attached appendix for more information on taxable-equivalent measures and reconciliations to GAAP net interest income. (2) Run-on rate for new fixed rate loans is ~7.37% (3) Investment securities yield excluding the impact of swaps (4) Runoff reflects contractual maturities and expected prepayments of investment securities and fixed rate loans that will be reinvested at higher run-on interest rates based on the current forward curve 6/30/26 Pay-fixed > 3yrs. 5-quarter net interest income and net interest margin trend ($ in millions) (1) $74 $38 Total wtd. avg. rate = 3.37% ($14)Total wtd. avg. rate = 3.61% ($9) $137 Fixed rate loans Securities Average yield $7 $20 2.91%(3) 3.41%(4) 6.44%(2) Rest of year runoff(4) ~ 2Q26 avg. balances $131 5.71% $118 – Net interest income expected to increase 1% to 1.5% in 2026 vs. 2025 – Updated outlook reflects: – continued optimization of less strategic and lower relationship return lending portfolios – lower loan spreads – less favorable deposit mix – updated forward curve (25 bp hike in Sept.) – At 6/30, notional receive-fixed and pay-fixed swaps totaled $112 billion and $24 billion, respectively, compared with $118 billion and $22 billion at 3/31 – Strategy to maintain a relatively neutral position to changes in interest rates is unchanged (1) Run-off expected to exceed run-on volume Securities

12 Noninterest income Noninterest income details ($ in millions) (1) All other noninterest income includes lending-related fees, securities gains (losses), and other income ($5,212) – Noninterest income increased 5.9%, primarily driven by: – increased other income due to higher equity investment income – partially offset by a decline in investment banking and trading income Categories 2Q26 vs. 1Q26 vs. 2Q25 Wealth management income $375 1.4% 7.8% Card and treasury management fees $353 4.4% 0.6% Investment banking and trading income $352 (5.4)% 72% Other deposit revenue $120 —% 11% Mortgage banking income $116 (13)% 8.4% All other noninterest income(1) $328 49% 17% Total noninterest income $1,644 5.9% 17% Vs. linked quarter Vs. like quarter – Noninterest income increased 17%, primarily driven by: – increased investment banking and trading income – increased wealth management income due to higher AUM Investment banking and trading and wealth management key drivers of growth

13 – Noninterest expense increased 2.3%, primarily driven by: – higher personnel expense due to increased salaries and incentives – partially offset by lower professional fees and outside processing Noninterest expense Noninterest expense details ($ in millions) (1) All other noninterest expense includes marketing and customer development, amortization of intangibles, regulatory costs, and other expense Vs. linked quarter Vs. like quarter ($5,212) – Noninterest expense increased 2.4%, primarily driven by: – higher personnel expense due to increased salaries and variable incentives – higher professional fees and outside processing Categories 2Q26 vs. 1Q26 vs. 2Q25 Personnel expense $1,792 3.8% 6.8% Professional fees and outside processing $335 7.0% (10)% Software expense $239 3.9% 3.5% Net occupancy expense $171 (4.5)% (5.5)% Equipment expense $79 (7.1)% (11.2)% All other noninterest expense(1) $439 (2.2)% 1.2% Total noninterest expense $3,055 2.4% 2.3% Noninterest expense growth remains well controlled

14 0.39% 0.48% 0.48% 0.50% 0.51% 2Q25 3Q25 4Q25 1Q26 2Q26 $488 $436 $512 $479 $395 2Q25 3Q25 4Q25 1Q26 2Q26 $396 $385 $470 $491 $414 0.51% 0.48% 0.57% 0.61% 0.50% NCO NCO ratio 2Q25 3Q25 4Q25 1Q26 2Q26 Asset quality NCO and NCO ratio ($ in millions) Nonperforming loans / LHFI ALLL Provision for credit losses ($ in millions) $4,899 $4,988 $5,030 $5,026 $4,983 ALLL ALLL ratio ALLL / NCO 2Q25 3Q25 4Q25 1Q26 2Q26 3.1x 1.54% 3.3x 1.54% 2.7x ($ in millions) 1.53% 2.5x 1.53% Asset quality metrics remain strong 3.0x 1.51%

15 11.0% 11.0% 10.8% 10.8% 10.9% 2Q25 3Q25 4Q25 1Q26 2Q26 Capital Capital actions and commentary $0.6 $0.6 CET1 ratio Current quarter regulatory capital information is preliminary 7.0% min. req. effective 10/1/25 – CET1 ratio increased 10 bps to 10.9% vs. 1Q26 – Balance sheet optimization efforts improving RWA density – Returned $1.8 billion of capital or 121% of earnings to shareholders in 2Q26 through our common dividend and $1.2 billion of share repurchases – Continue to target share repurchases of $5 billion in 2026 Well positioned to grow and return capital to shareholders

16 13.9% 3Q26 and 2026 outlook 2Q26 actuals 3Q26 outlook Revenue-TE(1): $5.3 billion Up ~1% Noninterest expense: $3.1 billion Up ~2% Full year 2025 actuals Full year 2026 outlook Revenue-TE(1): $20.5 billion Up 3.5% to 4% Noninterest expense: $12.1 billion Up ~1.75% Net charge-off ratio: 54 bps ~55 bps Tax rate: 16.4% effective; 18.9% FTE ~14.5% effective; ~16.5% FTE Share repurchases: $2.5 billion ~$5 billion (1) Revenue-TE is a non-GAAP financial measure; see appendix for reconciliation

17 On track to achieve ROTCE targets ROTCE outlook Key drivers of profitability improvement Execute top business growth and profitability initiatives Drive positive operating leverage Stable economic and operating environment Continue to optimize balance sheet and return significant capital to shareholders 2025 2026 2027 Long-term ~14% ~15% ROTCE is a non-GAAP metric that excludes the impact of intangible assets, net of deferred taxes, and their related amortization. See appendix for non-GAAP reconciliations. Benefit from fixed rate asset repricing 16% to 18% 14%+ 12.7%

Appendix

A-1 – Net income of $835 million, compared to $730 million in the prior quarter – Net interest income of $2.6 billion increased by $110 million, or 4.4%, primarily driven by higher deposit spreads and volume – Average loans remained relatively flat at $133 billion – Average deposits of $217 billion increased 1.7%, primarily driven by money market and checking growth – Provision for credit losses decreased $67 million, or 17.9%, driven by a decrease in net charge-offs and reserve build in the prior quarter – Noninterest income of $530 million increased $2 million, or 0.4%, primarily driven by card and treasury management fees, partially offset by mortgage banking income – Noninterest expense of $1.7 billion increased $41 million, or 2.4%, primarily driven by higher enterprise tech and finance management expenses, personnel, operating losses, marketing, and loan-related expense – Debit and credit card sales volume increased 7.9% from 1Q26 due to seasonality – Digital transactions surpassed 93 million, resulting in YoY growth of 7% and accounting for 71% of total transaction volume – Truist Assist handled nearly 2 million requests, up 60% YoY, driven by growth in unique users, increased money movement, and transaction search activity – Truist Insights generated 167 million personalized insights, driving more than 31 million client interactions Consumer and Small Business Banking (1) Excludes loans held for sale (2) Digital sales defined as products opened through digital applications (3) Digital transactions include transfers, Zelle, bill payments, mobile deposits, ACH, and wire transfers Commentary reflects linked quarter comparisons Metrics Commentary Income statement ($ MM) 2Q26 vs. 1Q26 vs. 2Q25 Net interest income $2,604 $110 $280 Allocated provision for credit losses 307 (67) (77) Noninterest income 530 2 11 Noninterest expense 1,721 41 22 Segment net income $835 $105 $261 Balance sheet ($ B) Average loans(1) $133 $0.1 $1.8 Average deposits 217 3.6 3.3 Other key metrics Digital sales as a % of total(2) 29% (736) bps (479) bps Digital transactions as a % of total(3) 71% (12) bps 259 bps Debit/credit card spend ($ B) $32 $2.3 $1.4 Truist Assist chat volume (MM) 2.0 0.1 0.7 Truist Insights volume (MM) 167 32 10 Represents Branch Banking, Digital Banking, Premier Banking, Small Business Banking, and National Consumer Lending

A-2 Wholesale Banking (1) Excludes loans held for sale Commentary reflects linked quarter comparisons unless otherwise noted – Net income of $1.0 billion, compared to $0.9 billion in the prior quarter – Net interest income of $1.5 billion increased $23 million, or 1.5% – Average loans of $196 billion increased $2.1 billion, or 1.1%, primarily related to growth in C&I and CRE balances – Average deposits of $149 billion increased $0.9 billion, or 0.6%, driven by growth in client deposits, partially offset by seasonal outflows – Provision for credit losses of $90 million decreased $15 million, or 14%, which reflects a decrease in net charge-offs as well as a net reserve release – Noninterest income of $1.2 billion increased $89 million, or 8.3%, primarily driven by higher project-based equity investments and wealth management income, partially offset by lower investment banking and trading income – Noninterest expense of $1.4 billion increased $35 million, or 2.6%, driven by higher revenue-related expenses, regulatory expense, and technology support expenses – Total client assets increased $17 billion, or 5.2%, primarily due to market-driven increase in equities, as well as positive net asset flows Metrics Commentary Income statement ($ MM) 2Q26 vs. 1Q26 vs. 2Q25 Net interest income $1,531 $23 $(35) Allocated provision for credit losses 90 (15) (14) Noninterest income 1,158 89 217 Noninterest expense 1,384 35 55 Segment net income $960 $69 $99 Balance sheet ($ B) Average loans(1) $196 $2.1 $15 Average deposits 149 0.9 (2.1) Other key metrics ($ B) Total client assets $350 $17 $(5.0) Represents Commercial & Corporate Banking, Investment Banking & Capital Markets, CRE, Wholesale Payments, and Wealth

A-3 Preferred dividend 3Q26 4Q26 1Q27 2Q27 Estimated dividends based on projected interest rates, redemptions, and issuances ($ in millions) $114 $42 $112 $42 Estimates assume forward-looking interest rates as of 6/30/26. Actual interest rates, redemptions, or issuances could vary significantly causing dividend payments to differ from the estimates shown above.

A-4 Non-GAAP reconciliations Net interest income, revenue, operating leverage, pre-provision net revenue $ in millions (1) Taxable equivalent revenue, taxable equivalent net interest income, taxable equivalent net interest margin, and operating leverage - taxable equivalent include a taxable equivalent adjustment utilizing the federal income tax rate of 21% for certain tax-exempt instruments. Taxable equivalent net interest margin is calculated using net interest income on a taxable equivalent basis to determine the total yield on interest-earning assets. Truist’s management uses these measures in their analysis of Truist’s performance. Truist’s management believes these measures provide a greater understanding of ongoing operations and enhance comparability of results with prior periods. (2) Pre-provision net revenue is a non-GAAP measure that adjusts net income determined in accordance with GAAP to exclude the impact of the provision for credit losses and provision for income taxes. Truist’s management believes this measure provides a greater understanding of ongoing operations and enhances comparability of results with prior periods. Quarter Ended June 30 March 31 Dec. 31 Sept. 30 June 30 2026 2026 2025 2025 2025 Net income $ 1,553 $ 1,481 $ 1,354 $ 1,452 $ 1,240 Provision for credit losses 395 479 512 436 488 Provision for income taxes 262 209 210 285 273 Taxable-equivalent adjustment 46 45 49 51 48 Pre-provision net revenue(2) $ 2,256 $ 2,214 $ 2,125 $ 2,224 $ 2,049 Quarter Ended June 30 March 31 Dec. 31 Sept. 30 June 30 2026 2026 2025 2025 2025 Revenue $ 5,265 $ 5,152 $ 5,246 $ 5,187 $ 4,987 Taxable-equivalent adjustment 46 45 49 51 48 Revenue-TE(1) $ 5,311 $ 5,197 $ 5,295 $ 5,238 $ 5,035 Total noninterest expense $ 3,055 $ 2,986 Operating leverage (like quarter) 3.3 % Operating leverage-TE(1) (like quarter) 3.2 % Quarter Ended June 30 March 31 Dec. 31 Sept. 30 June 30 2026 2026 2025 2025 2025 Net interest income $ 3,621 $ 3,599 $ 3,700 $ 3,629 $ 3,587 Taxable-equivalent adjustment 46 45 49 51 48 Net interest income-TE(1) $ 3,667 $ 3,644 $ 3,749 $ 3,680 $ 3,635

A-5 Non-GAAP reconciliations Return on average tangible common equity and tangible book value per share $ in millions, except per share data, shares data in thousands (1) Calculated using the applicable marginal tax rate. (2) Tangible common equity and related measures, including ROTCE, are non-GAAP measures that exclude the impact of intangible assets, net of deferred taxes, and their related amortization. These measures are useful for evaluating the performance of a business consistently, whether acquired or developed internally. Truist’s management uses these measures to assess profitability, returns relative to balance sheet risk, and shareholder value. As of / Quarter Ended June 30 March 31 Dec. 31 Sept. 30 June 30 2026 2026 2025 2025 2025 Total shareholders' equity $ 64,095 $ 64,214 $ 65,189 $ 65,646 $ 64,840 Preferred stock (5,411) (4,916) (4,916) (5,907) (5,907) Common shareholders’ equity $ 58,684 $ 59,298 $ 60,273 $ 59,739 $ 58,933 Intangible assets, net of deferred taxes (18,287) (18,350) (18,416) (18,489) (18,561) Applicable deferred taxes related to intangible assets(1) $ 400 $ 403 $ 407 $ 413 $ 418 Tangible common shareholders’ equity(2) $ 40,797 $ 41,351 $ 42,264 $ 41,663 $ 40,790 Outstanding shares at end of period 1,221,626 1,245,879 1,262,470 1,279,246 1,289,435 Common shareholders’ equity per common share $ 48.04 $ 47.60 $ 47.74 $ 46.70 $ 45.70 Tangible common shareholders’ equity per common share(2) 33.40 33.19 33.48 32.57 31.63 Net income available to common shareholders $ 1,519 $ 1,377 $ 1,289 $ 1,348 $ 1,180 Amortization of intangibles 63 64 70 72 73 Applicable income taxes related to amortization of intangibles(1) (15) (15) (16) (18) (17) Tangible net income available to common shareholders(2) $ 1,567 $ 1,426 $ 1,343 $ 1,402 $ 1,236 Average common shareholders’ equity $ 58,616 $ 59,879 $ 59,991 $ 59,141 $ 58,327 Average intangible assets (18,321) (18,386) (18,456) (18,528) (18,590) Applicable deferred taxes related to intangible assets(1) 401 404 409 415 417 Average tangible common shareholders’ equity(2) $ 40,696 $ 41,897 $ 41,944 $ 41,028 $ 40,154 Return on average common shareholders’ equity 10.4 % 9.3 % 8.5 % 9.0 % 8.1 % Return on average tangible common shareholders’ equity(2) 15.4 13.8 12.7 13.6 12.3