Truist Financial Corporation · NYSE:TFC
Truist Financial — Barclays Global Financial Services Conference 2024
9 slides from Truist Financial's conference presentation, Sep 9, 2024
Slide 1: Barclays Global Financial Services Conference
Barclays Global Financial Services Conference Bill Rogers Chairman & CEO September 10, 2024
Slide 2: Forward-looking statements
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 statem
Slide 3: Purpose, mission and values
Purpose Inspire and build better lives and communities Mission Provide distinctive, secure, and successful client experiences through touch and technology. Clients Create an inclusive and energizing environment that empowers teammates to learn, grow, and have meaningful careers. Teammates Optimize l
Slide 4: An attractive franchise with leading share
3.7% 3.1% 3.0% 2.5% 1.9% 1.6% 1.4% 1.4% 1.3% 1.1% 0.9% TFC Peer 1 Peer 2 Peer 3 Peer 4 Peer 5 Peer 6 Peer 7 Peer 8 Peer 9 Peer 10 An attractive franchise with leading share 4 Assets $520B Deposits $385B Loans $307B Branches 1,900+ Clients ~15MM Headquarters Charlotte, NC 1 Source: S&P Global Market
Slide 5: Where we have been
5 Announced organizational simplification and cost savings initiatives September 2023 Completed sale of TIH and strategic balance sheet repositioning May 2024 Appointed new consumer & small business and wholesale leaders November 2023 Streamlined board of directors October 2023 Announced $5 billion
Slide 6: Where we are going
Where we are going 6 12 – 13% Mid-teens Starting point Client and business growth Balance sheet and operational efficiency Medium-term ROATCE target Growing our business and improving our returns How we get there Multiple paths to drive growth and improve profitability Mid-teens medium-term ROATCE t
Slide 7: Multiple paths to drive growth and improve profitability
7 $10-500MM $500MM-2B TFC Peer median Peer top quartile Client type Client deposits at Truist Client deposits off Truist Clients with a wealth solution Premier clients3 ~60% ~40% ~16% Clients with Premier potential4 ~10% ~90% ~2% Multiple paths to drive growth and improve profitability Truist’s comm
Slide 8: Why Truist?
Why Truist? 8 7th largest U.S. commercial bank located in high growth markets with a comprehensive set of wholesale and consumer products and services Relative capital advantage positions us well to pursue growth and return capital to shareholders Significant opportunity to improve profitability ove
Slide 9: To inspire and build better lives and communities
To inspire and build better lives and communities
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