Truist Financial Corporation · NYSE:TFC
Truist Financial — Debt Investor Presentation (July 2026)
26 slides from Truist Financial's debt investor presentation, July 2026
Slide 1: Truist Financial Corporation Fixed Income Presentation Second Quarter 2026
Truist Financial Corporation Fixed Income Presentation Second Quarter 2026 1
Slide 2: Forward-looking statements
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 fact
Slide 3: Non-GAAP financial information
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
Slide 4: Truist Overview
Truist Overview
Slide 5: Purpose, Mission and Values
Purpose Inspire and build better lives and communities Mission Clients Teammates Stakeholders Provide distinctive, secure, Create an inclusive and Optimize long-term value for and successful client energizing environment that stakeholders through safe, experiences through touch empowers teammates to
Slide 6: Fast facts
Fast facts 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
Slide 7: Business diversity matters
Business diversity matters Sm Biz & Cons Oth Branch – Full array of products & services to meet clients’ financial needs TAF 5% Banking 8% 32% – ~60% of loans are commercial and ~40% are consumer IB & Cap. Mkts – Strong market share in many of the most vibrant U.S. markets 8% 2Q26 revenue business m
Slide 8: Balance sheet overview
Balance sheet overview Other assets 7% Loans 60% Deposits LT debt 74% Nonearning 2Q26 average 2Q26 average 7% assets assets liabilities 11% Deposit mix Total equity noninterest-bearing: 12% 26% interest-bearing: Securities 74% 21% Other assets include interest earning trading assets May not foot due
Slide 9: Diverse loan and deposit portfolio
Diverse loan and deposit portfolio Money market & savings 34% Commercial & industrial Time 51% 10% Indirect auto 7% 2Q26 average 2Q26 average loan HFI portfolio deposit portfolio Other consumer 10% Interest checking Noninterest-bearing 31% CRE and 26% commercial construction Residential mortgage 10%
Slide 10: Disciplined, purposeful growth drives resilience under stress
Disciplined, purposeful growth drives resilience under stress Disciplined risk process – Risk appetite framework measures actual risk vs. moderate risk appetite across all risk disciplines – Through-the-cycle underwriter – Conservative credit risk culture which values – Diversification – Prudent cli
Slide 11: Investment Portfolio, Capital, and Debt Profile
Investment Portfolio, Capital, and Debt Profile
Slide 12: Investment portfolio
Investment portfolio Portfolio metrics and allocation Other 3% Agency MBS CML US Treasuries 5% 18% 2Q26 AFS - $72.2B 2Q26 HTM - $46.4B Agency MBS Residential Agency MBS Residential 74% 100% Other category includes collateralized loan obligations, GSE, states and political subdivisions, and other deb
Slide 13: Strong capital and liquidity
Strong capital and liquidity Truist is strong, stable, and well-capitalized. Our credit ratings, liquid balance sheet, and high-quality pledgeable collateral provide us access to a broad array of funding sources to meet your needs. Capital Prudent risk management – Truist is well-capitalized with a
Slide 14: Truist unsecured funding profile
Truist unsecured funding profile $ in billions Gross issuance by security type Qualifying long-term debt (“LTD”) maturity profile1,2 14.5 10.0 2.0 8.0 1.0 3.5 7.0 6.6 4.9 0.5 7.1 2.3 4.5 4.5 2.5 1.0 8.0 2.9 4.7 11.5 1.3 4.5 3.3 1.3 3.9 4.5 4.5 0.7 2.0 3.0 4.3 1.3 1.6 2.8 2.0 2020 2021 2022 2023 2024
Slide 15: 2Q26 Takeaways
2Q26 Takeaways
Slide 16: 2Q26 key takeaways
2Q26 key takeaways Executing on strategic priorities 2Q26 by the numbers – Delivered 37% diluted EPS growth $1.5 billion Net income available to common shareholders – Generated 17% noninterest income growth $1.23 Diluted EPS – Delivered 320 bps of positive operating leverage 320 bps Positive operati
Slide 17: Consumer and Small Business Banking highlights
Consumer and Small Business Banking highlights Average CSBB deposits Average CSBB loans HFI Active mobile app users1 Digital transaction volume ($ in billions) ($ in billions) (in millions) (in millions) 2% Growth moderated by portfolio optimization actions 2% 4% 7% Driving growth with Premier clien
Slide 18: Wholesale Banking highlights
Wholesale Banking highlights Average Wholesale deposits(1) and loans HFI Investment banking & trading income Wealth management income Card and treasury management fees ($ in billions) ($ in millions) ($ in millions) ($ in millions) +6% ex. M&A-related 72% client deposits 8% 8% 1% (1%) $11 Deposits M
Slide 19: Performance highlights
Performance highlights $ in millions, except per share data Earnings Key metrics 2Q26 vs. 1Q26 vs. 2Q25 – Reported 2Q26 net income available to common shareholders of $1.5 billion, Revenue $5,311 2.2% 5.5% or $1.23 per share – Diluted EPS increased 13% vs. 1Q26 and 37% vs. 2Q25 Expense $3,055 2.4% 2
Slide 20: To inspire and build better lives and communities
To inspire and build better lives and communities
Slide 21: Appendix
Appendix Appendix
Slide 22: 2Q26 earnings performance highlights
2Q26 earnings 1Q22 performance highlights recap $1.5B $1.23 5.5% 320 bps Net income available to common Diluted EPS YoY increase in revenue YoY positive operating leverage shareholders (up 37% YoY) (up 29% YoY) 15.4% $1.8B 10.9% 17% Return on average tangible Capital returned to shareholders CET1 ra
Slide 23: Credit ratings
Credit ratings Truist Financial Corporation Rating S&P Moody’s Fitch DBRS Morningstar Outlook / credit trend Stable Stable Stable Stable Issuer A- / A-2 Baa1 A / F1 AAL / R-1M Senior debt A- Baa1 A- AAL Subordinated debt BBB+ Baa1 BBB+ AH Preferred stock BBB- Baa3(hyb) BBB- AL Truist Bank Rating S&P
Slide 24: On track to achieve ROTCE targets
On track to achieve ROTCE targets ROTCE outlook Key drivers of profitability improvement Execute top business growth and profitability initiatives 16% to 18% Drive positive operating leverage ~14% ~15% 14%+ Benefit from fixed rate asset repricing 12.7% Continue to optimize balance sheet and return s
Slide 25: Non-GAAP reconciliations
Non-GAAP reconciliations Net interest income, revenue, operating leverage, pre-provision net revenue $ in millions 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
Slide 26: Non-GAAP reconciliations
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 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 $ 6
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