Company: TFC
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0000092230-25-000050
Chunk: 10

Company: TRUIST FINANCIAL CORP
Filing Date: 2025-04-30
Form: 10-Q
Item: Item 3
Chunk 10
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 basis. In this regard, management’s objective is to maintain capital at levels that are in excess of internal capital limits, which are above the regulatory “well-capitalized” minimums. Truist also regularly performs stress testing on its capital levels and is required to periodically submit the Company’s capital plans and stress testing results to the banking regulators. Management has implemented internal stress capital ratio minimums that serve as limits which are measured under internally-developed stress testing scenarios to evaluate whether capital ratios calculated under hypothetical stress, and after the effect of alternative capital actions, are likely to remain above internal stressed minimums. Breaches of internal capital limits or projected breaches of internal stress capital ratio minimums under hypothetical stress result in the activation of Truist’s capital contingency plan.

Table 23: Capital Requirements Minimum CapitalWell-CapitalizedMinimum Capital Plus Stress Capital Buffer(1) TruistTruist BankCET14.5 %NA6.5 %7.3 %Tier 1 capital6.0 6.0 %8.0 8.8 Total capital8.0 10.0 10.0 10.8 Leverage ratio4.0 NA5.0 NASupplementary leverage ratio3.0 NANANA

(1)Reflects a SCB requirement of 2.8% applicable to Truist as of March 31, 2025. Truist’s SCB requirement, received in the 2024 CCAR process, is effective from October 1, 2024 to September 30, 2025. Truist will receive a new preliminary SCB requirement, to become effective October 1, 2025, following the release of CCAR 2025 results in late June 2025.

The Parent Company’s capital ratios are presented in the following table:

Table 24: Capital Ratios - Truist Financial Corporation(Dollars in millions)Mar 31, 2025Dec 31, 2024Risk-based:(preliminary) CET111.3 %11.5 %Tier 1 capital12.7 12.9 Total capital14.7 15.0 Leverage ratio10.3 10.5 Supplementary leverage ratio8.7 8.8 Risk-weighted assets$424,076 $418,337 

Capital ratios remained strong compared to the regulatory requirements for well