Business
Truist announces planned capital deployment and stress capital buffer requirement following release of 2025 CCAR results
Truist Financial Corporation (NYSE: TFC) today announced that the Board of Governors of the Federal Reserve System has notified Truist that the preliminary stress capital buffer requirement that applies to the company is 2.5 percent, for the period beginning Oct. 1, 2025, to Sept. 30, 2026. Once finalized, the new stress capital buffer requirement plus the minimum Basel III Common Equity Tier 1 (CET1) capital ratio of 4.5 percent, results in a minimum CET1 ratio requirement of 7.0 percent. As of
About this update from Truist Financial Corporation
[{"type":"text","content":"CHARLOTTE, N.C., July 1, 2025 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that the Board of Governors of the Federal Reserve System has notified Truist that the preliminary stress capital buffer requirement that applies to the company is 2.5 percent, for the period beginning Oct. 1, 2025, to Sept. 30, 2026. Once finalized, the new stress capital buffer requirement plus the minimum Basel III Common Equity Tier 1 (CET1) capital ratio of 4.5 percent, results in a minimum CET1 ratio requirement of 7.0 percent. As of March 31, 2025, Truist had $47.8 billion of CET1 capital and a CET1 ratio of 11.3 percent, exceeding the new minimum CET1 ratio requirement by 4.3 percent.","length":702,"tagName":"p"},{"type":"text","content":"Truist also announced plans to maintain its current quarterly common stock dividend of $0.52 per share, subject to approval by its board of directors. Truist's $5 billion share repurchase program, as authorized by Truist's board of directors in 2024, remains active with approximately $2.8 billion of capacity after second quarter repurchases.","length":351,"tagName":"p"},{"type":"text","content":""Truist's 2025 annual stress test results again demonstrate the benefits of our diverse business mix and prudent and disciplined risk management culture," said Truist Chairman and Chief Executive Officer Bill Rogers. "Truist's strong capital position and strategy provides significant capacity to serve our clients and stakeholders, maintain a meaningful return for our shareholders and ultimately help us deliver on our purpose to inspire and build better lives and communities."","length":508,"tagName":"p"},{"type":"text","content":"About Truist","length":12,"tagName":"p"},{"type":"text","content":"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 b...