Company: TFC
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0000092230-25-000020
Chunk: 455

Company: TRUIST FINANCIAL CORP
Filing Date: 2025-02-25
Form: 10-K
Item: Item 7A
Chunk 455
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,341 2,383 2,591 2,429 2,324 6,506 6,516 6,558 Amortization of intangibles181 210 252 161 185 203 3 — — 345 395 455 Restructuring charges4 51 51 29 137 12 87 132 403 120 320 466 Goodwill impairment— 3,361 — — 2,717 — — — — — 6,078 — Other direct noninterest expense(2)1,115 1,221 1,227 750 796 726 3,173 3,352 2,735 5,038 5,369 4,688 Total direct noninterest expense 2,927 6,589 3,381 3,228 6,176 3,324 5,854 5,913 5,462 12,009 18,678 12,167 Expense allocations 3,725 3,695 3,369 1,908 2,331 1,611 (5,633)(6,026)(4,980)— — — Total noninterest expense6,652 10,284 6,750 5,136 8,507 4,935 221 (113)482 12,009 18,678 12,167 Income (loss) before income taxes from continuing operations4,589 1,225 4,242 4,977 1,072 5,673 (10,167)(3,062)(2,886)(601)(765)7,029 Provision (benefit) for income taxes1,099 1,099 1,014 993 726 1,227 (2,648)(1,087)(991)(556)738 1,250 Segment net income (loss) from continuing operations$3,490 $126 $3,228 $3,984 $346 $4,446 $(7,519)$(1,975)$(1,895)$(45)$(1,503)$5,779 Identifiable assets (period end) of continuing operations$147,032 $146,447 $162,596 $206,