Company: TFC
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0000092230-25-000020
Chunk: 458

Company: TRUIST FINANCIAL CORP
Filing Date: 2025-02-25
Form: 10-K
Item: Item 7A
Chunk 458
---
1,000)— (250)Redemption of preferred stock(750)— — Cash dividends paid on common and preferred stock(3,135)(3,131)(2,989)Other, net(251)(599)(205)Net cash from financing activities(3,820)1,984 (2,183)Net Change in Cash and Cash Equivalents(95)396 612 Cash and Cash Equivalents, January 111,286 10,890 10,278 Cash and Cash Equivalents, December 31$11,191 $11,286 $10,890 The transfer of funds in the form of dividends, loans, or advances from bank subsidiaries to the Parent Company is restricted. Federal law requires loans to the Parent Company or its affiliates to be secured and at market terms and generally limits loans to the Parent Company or an individual affiliate to 10% of Truist Bank’s unimpaired capital and surplus. In the aggregate, loans to the Parent Company and all affiliates cannot exceed 20% of the bank’s unimpaired capital and surplus.Dividend payments to the Parent Company by Truist Bank are subject to regulatory review and statutory limitations and, in some instances, regulatory approval. In general, dividends are restricted by regulatory minimum capital requirements.

162   Truist Financial Corporation