Company: TFC
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0000092230-25-000020
Chunk: 450

Company: TRUIST FINANCIAL CORP
Filing Date: 2025-02-25
Form: 10-K
Item: Item 7A
Chunk 450
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 contracts as derivatives, and accordingly, recognizes these contracts at fair value.The following table presents additional information related to interest rate derivative risk participation agreements and total return swaps:(Dollars in millions)Dec 31, 2024Dec 31, 2023Risk participation agreements:Maximum potential amount of exposure$381 $520 Total return swaps:Cash received for variation margin25 41 Cash and other collateral received for initial margin329 396 The following table summarizes collateral positions with counterparties, excluding cash and other collateral received for total return swaps’ initial margin:(Dollars in millions)Dec 31, 2024Dec 31, 2023Dealer and other counterparties:Cash and other collateral received from counterparties$450 $609 Derivatives in a net gain position secured by collateral received539 735 Unsecured positions in a net gain with counterparties after collateral postings89 126 Cash collateral posted to counterparties1,006 960 Derivatives in a net loss position secured by collateral1,200 1,052 Central counterparties clearing:Cash collateral, including initial margin, posted to central clearing parties44 14 Derivatives in a net loss position— 8 Derivatives in a net gain position4 2 Securities pledged to central counterparties clearing517 1,249 

156   Truist Financial Corporation

NOTE 20. Computation of EPS

Basic and diluted EPS calculations are presented in the following table: Year Ended December 31,(Dollars in millions, except per share data, shares in thousands)202420232022Net income (loss) available to common shareholders from continuing operations$(394)$(1,864)$5,446 Net income available to common shareholders from discontinued operations4,863 412 481 Net income (loss) available to common shareholders$4,469 $(1,452)$5,927 Weighted average number of common shares1,331,087 1,331,963 1,328,120 Effect of dilutive outstanding equity-based awards(1)— — 10,342 Weighted average number of diluted common shares1,331,087 1,331,963 1,338,462 Basic earnings from continuing operations$(0.30)$(1.40)$4.10 Basic earnings from discontinued operations3.66 0.31 0.36 Basic EPS$3.36 $(