Quick10K

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BB&T

Financials

Price	52.92	EPS	3
Shares	776	P/E	16
MCap	41,055	P/FCF	21
Net Debt	22,502	EBIT	4,651
TEV	63,557	TEV/EBIT	14
TTM 2019-09-30, in MM, except price, ratios

Filings

10-Q	2020-09-30	Filed 2020-11-02
10-Q	2020-06-30	Filed 2020-08-04
10-Q	2020-03-31	Filed 2020-05-08
10-K	2019-12-31	Filed 2020-03-03
10-Q	2019-09-30	Filed 2019-10-25
10-Q	2019-06-30	Filed 2019-07-31
10-Q	2019-03-31	Filed 2019-04-30
10-K	2018-12-31	Filed 2019-02-26
10-Q	2018-09-30	Filed 2018-10-26
10-Q	2018-06-30	Filed 2018-07-27
10-Q	2018-03-31	Filed 2018-04-30
10-K	2017-12-31	Filed 2018-02-21
10-Q	2017-09-30	Filed 2017-10-27
10-Q	2017-06-30	Filed 2017-07-28
10-Q	2017-03-31	Filed 2017-04-24
10-K	2016-12-31	Filed 2017-02-21
10-Q	2016-09-30	Filed 2016-10-24
10-Q	2016-06-30	Filed 2016-07-27
10-Q	2016-03-31	Filed 2016-04-29
10-K	2015-12-31	Filed 2016-02-25
10-Q	2015-09-30	Filed 2015-10-30
10-Q	2015-06-30	Filed 2015-07-30
10-Q	2015-03-31	Filed 2015-04-27
10-K	2014-12-31	Filed 2015-02-25
10-Q	2014-09-30	Filed 2014-10-27
10-Q	2014-06-30	Filed 2014-07-28
10-Q	2014-03-31	Filed 2014-04-30
10-K	2013-12-31	Filed 2014-02-26
10-Q	2013-09-30	Filed 2013-10-31
10-Q	2013-06-30	Filed 2013-08-08
10-Q	2013-03-31	Filed 2013-05-02
10-K	2012-12-31	Filed 2013-03-01
10-Q	2012-09-30	Filed 2012-11-02
10-Q	2012-06-30	Filed 2012-08-07
10-Q	2012-03-31	Filed 2012-05-04
10-K	2011-12-31	Filed 2012-02-27
10-Q	2011-09-30	Filed 2011-11-09
10-Q	2011-06-30	Filed 2011-08-08
10-Q	2011-03-31	Filed 2011-05-06
10-K	2010-12-31	Filed 2011-02-25
10-Q	2010-09-30	Filed 2010-11-09
10-Q	2010-06-30	Filed 2010-08-09
10-Q	2010-03-31	Filed 2010-05-07
10-K	2009-12-31	Filed 2010-02-26

Reports

8-K	2020-10-15
8-K	2020-07-31
8-K	2020-07-16
8-K	2020-07-08
8-K	2020-06-30
8-K	2020-06-18
8-K	2020-06-05
8-K	2020-05-29
8-K	2020-05-22
8-K	2020-04-28
8-K	2020-04-20
8-K	2020-03-02
8-K	2020-02-24
8-K	2020-02-11
8-K	2020-02-10
8-K	2020-02-05
8-K	2020-01-30
8-K	2019-12-23
8-K	2019-12-05
8-K	2019-12-03
8-K	2019-11-19
8-K	2019-11-08
8-K	2019-10-17
8-K	2019-09-16
8-K	2019-09-10
8-K	2019-08-27
8-K	2019-08-01
8-K	2019-07-30
8-K	2019-07-24
8-K	2019-07-22
8-K	2019-07-18
8-K	2019-06-14
8-K	2019-06-12
8-K	2019-05-28
8-K	2019-04-30
8-K	2019-04-18
8-K	2019-04-18
8-K	2019-03-18
8-K	2019-03-11
8-K	2019-03-01
8-K	2019-02-07
8-K	2019-02-07
8-K	2019-01-29
8-K	2019-01-17
8-K	2018-12-31
8-K	2018-12-10
8-K	2018-12-06
8-K	2018-10-22
8-K	2018-10-18
8-K	2018-09-13
8-K	2018-08-07
8-K	2018-07-19
8-K	2018-06-28
8-K	2018-06-05
8-K	2018-06-01
8-K	2018-04-24
8-K	2018-04-19
8-K	2018-01-18
8-K	2017-12-31

BBT 10Q Quarterly Report

Content

Item 1. Financial Statements

Note 1. Basis of Presentation

Note 2. Business Combinations

Note 3. Securities Financing Activities

Note 4. Investment Securities

Note 5. Loans and Acl

Note 6. Goodwill and Other Intangible Assets

Note 7. Loan Servicing

Note 8. Other Assets and Liabilities

Note 9. Borrowings

Note 10. Shareholders' Equity

Note 11. Aoci

Note 12. Income Taxes

Note 13. Benefit Plans

Note 14. Commitments and Contingencies

Note 15. Fair Value Disclosures

Note 16. Derivative Financial Instruments

Note 17. Computation of Eps

Note 18. Operating Segments

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations

Item 4. Controls and Procedures

Part II. Other Information

Item 1. Legal Proceedings

Item 1A. Risk Factors

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

Item 6. Exhibits

Exhibits

EX-31.1	ex311certification3q20.htm
EX-31.2	ex312certification3q20.htm
EX-32	ex32certification3q20.htm

BB&T Earnings 2020-09-30

Balance Sheet	Income Statement	Cash Flow

tfc-20200930

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_____________________________________________

FORM 10-Q

_____________________________________________

☒ Quarterly Report Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

For the quarterly period ended: September 30, 2020

Commission File Number: 1-10853

_____________________________

TRUIST FINANCIAL CORPORATION

(Exact name of registrant as specified in its charter)

_____________________________________________


North Carolina		56-0939887
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification No.)

214 North Tryon Street
Charlotte,	North Carolina	28202
(Address of principal executive offices)		(Zip Code)

Registrant's telephone number, including area code:		(336)	733-2000

_____________________________________________

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol

Name of each exchange on which registered

Common Stock, $5 par value

TFC

New York Stock Exchange

Depositary Shares each representing 1/1,000th interest in a share of Series F Non-Cumulative Perpetual Preferred Stock

TFC.PF

New York Stock Exchange

Depositary Shares each representing 1/1,000th interest in a share of Series G Non-Cumulative Perpetual Preferred Stock

TFC.PG

New York Stock Exchange

Depositary Shares each representing 1/1,000th interest in a share of Series H Non-Cumulative Perpetual Preferred Stock

TFC.PH

New York Stock Exchange

Depositary Shares each representing 1/4,000th interest in a share of Series I Perpetual Preferred Stock

TFC.PI

New York Stock Exchange

5.853% Fixed-to-Floating Rate Normal Preferred Purchase Securities each representing 1/100th interest in a share of Series J Perpetual Preferred Stock

TFC.PJ

New York Stock Exchange

Depositary Shares each representing 1/1,000th interest in a share of Series O Non-Cumulative Perpetual Preferred Stock

TFC.PO

New York Stock Exchange

Depositary Shares each representing 1/1,000th interest in a share of Series R Non-Cumulative Perpetual Preferred Stock

TFC.PR

New York Stock Exchange

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company" and "emerging growth company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer

☒

Accelerated filer

☐

Non-accelerated filer

☐

Smaller reporting company

☐

Emerging growth company

☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒

At September 30, 2020, 1,348,118,316 shares of the registrant's common stock, $5 par value, were outstanding.



TABLE OF CONTENTS
TRUIST FINANCIAL CORPORATION
FORM 10-Q
September 30, 2020
		Page No.
PART I - Financial Information
	Glossary of Defined Terms	1
	Forward-Looking Statements	3
Item 1.	Financial Statements
	Consolidated Balance Sheets (Unaudited)	4
	Consolidated Statements of Income (Unaudited)	5
	Consolidated Statements of Comprehensive Income (Unaudited)	6
	Consolidated Statements of Changes in Shareholders' Equity (Unaudited)	7
	Consolidated Statements of Cash Flows (Unaudited)	8
	Notes to Consolidated Financial Statements (Unaudited)
	Note 1. Basis of Presentation	9
	Note 2. Business Combinations	15
	Note 3. Securities Financing Activities	16
	Note 4. Investment Securities	17
	Note 5. Loans and ACL	19
	Note 6. Goodwill and Other Intangible Assets	27
	Note 7. Loan Servicing	27
	Note 8. Other Assets and Liabilities	29
	Note 9. Borrowings	30
	Note 10. Shareholders' Equity	31
	Note 11. AOCI	32
	Note 12. Income Taxes	33
	Note 13. Benefit Plans	33
	Note 14. Commitments and Contingencies	33
	Note 15. Fair Value Disclosures	36