Company: TFC
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0000092230-25-000020
Chunk: 157

Company: TRUIST FINANCIAL CORP
Filing Date: 2025-02-25
Form: 10-K
Item: Item 2
Chunk 157
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New York1,491 7.3 2 1,574 7.0 3 Pennsylvania1,218 6.0 1 1,403 6.2 — Virginia1,108 5.4 3 1,276 5.7 — Massachusetts860 4.2 27 698 3.1 — District of Columbia827 4.1 45 1,043 4.6 — Tennessee715 3.5 1 810 3.6 1 Other(2)4,046 19.8 97 4,707 20.8 73 Total CRE$20,363 100.0 %$298 $22,570 100.0 %$284 

(1)Represents other remaining property types that are deemed to be individually insignificant.

(2)Includes non-U.S. loans of $54 million and $73 million at December 31, 2024 and December 31, 2023, respectively. The remainder represents other remaining states that are deemed to be individually insignificant.

Table 25: Commercial Construction Portfolio Property Type and GeographyDecember 31, 2024December 31, 2023(Dollars in millions)LHFI% of TotalNPLLHFI% of TotalNPLIndustry:Multifamily$4,918 57.7 %$— $3,868 57.9 %$23 Industrial1,680 19.7 — 877 13.1 — Single Family - CP664 7.8 2 819 12.3 — Office627 7.4 — 634 9.5 1 Single Family - AD and CL187 2.2 1 196 2.9 — Other(1)444 5.2 — 289 4.3 — Total commercial construction$8,520 100.0 %$3 $6,683 100.0 %$24 Geography:Texas$1,345 15.8 $— $956 14.3 $23 Georgia1,294 15.2 — 1,059 15.8 — Florida1,138 13.4 — 741 11.1 —