TFC dividend history
Truist Financial Corporation (TFC) dividend declarations and ex-dividend dates - real-time wire coverage of every payout disclosure.
Recent dividend items
- Truist declares common and preferred stock dividendsCHARLOTTE, N.C., April 28, 2026 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation (NYSE:TFC) declared a regular quarterly cash dividend of $0.52 per common share, payable on June 1, 2026, to shareholders of record at the close of business on May 8, 2026. The Board also declared regular cash dividends on the following series of preferred stock:Series of Preferred StockDividend per Share Dividend per Depositary Share RecordDatePaymentDateSeries I Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q810) $1,128.80950(1)$0.28220(1)May 8Jun. 15Series J Non-Cumul
- Truist declares common and preferred stock dividendsCHARLOTTE, N.C., Jan. 27, 2026 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation (NYSE:TFC) declared a regular quarterly cash dividend of $0.52 per common share, payable on March 2, 2026, to shareholders of record at the close of business on February 13, 2026. The Board also declared regular cash dividends on the following series of preferred stock: Series of Preferred Stock Dividend per Share Dividend per Depositary Share Record Date Payment Date Series I Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q810) $1,141.24364(1) $0.28531(1) Feb. 13 Mar
- Truist announces redemption of 4.950% Series P Fixed Rate Reset Non-Cumulative Perpetual Preferred StockCHARLOTTE, N.C., Oct. 28, 2025 /PRNewswire/ -- Truist Financial Corporation (the "Company") announced today that it has decided to call all of the outstanding Series P Depositary Shares related to its outstanding 4.950% Series P Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock (CUSIP #89832QAE9) (the "Series P Depositary Shares") for redemption on November 13, 2025 (the "Redemption Date"). The redemption price will be US$1,000.00 per Series P Depositary Share, plus declared and unpaid dividends up to but excluding the Redemption Date (the "Redemption Price"). On and after the Redemption Date, the Series P Depositary Shares so redeemed will no longer be deemed to be outstanding, divi
- Truist declares common and preferred stock dividendsCHARLOTTE, N.C., Oct. 28, 2025 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation (NYSE:TFC) declared a regular quarterly cash dividend of $0.52 per common share, payable on December 1, 2025, to shareholders of record at the close of business on November 14, 2025. The Board also declared regular cash dividends on the following series of preferred stock: Series of Preferred Stock Dividend per Share Dividend per Depositary Share Record Date Payment Date Series I Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q810) $1,220.77006(1) $0.30519(1) Nov 14 D
- Truist declares common and preferred stock dividendsCHARLOTTE, N.C., July 29, 2025 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation (NYSE:TFC) declared a regular quarterly cash dividend of $0.52 per common share, payable on Sep. 2, 2025, to shareholders of record at the close of business on Aug. 8, 2025. The Board also declared regular cash dividends on the following series of preferred stock: Series of Preferred Stock Dividend per Share Dividend per Depositary Share Record Date Payment Date Series I Non-Cumulative Perpetual Preferred Stock(CUSIP 89832Q810) $1,291.71467(1) $0.32293(1) Aug. 8 Sep. 15 Series J Non-CumulativePerpetual Preferred Stock (CUSIP 86800XAA6) $1,320.78411(1) $13.20784(1) Aug. 8 (2) Sep. 15 Series
- Truist announces planned capital deployment and stress capital buffer requirement following release of 2025 CCAR resultsCHARLOTTE, N.C., July 1, 2025 /PRNewswire/ -- Truist Financial Corporation (NYSE:TFC) today announced that the Board of Governors of the Federal Reserve System has notified Truist that the preliminary stress capital buffer requirement that applies to the company is 2.5 percent, for the period beginning Oct. 1, 2025, to Sept. 30, 2026. Once finalized, the new stress capital buffer requirement plus the minimum Basel III Common Equity Tier 1 (CET1) capital ratio of 4.5 percent, results in a minimum CET1 ratio requirement of 7.0 percent. As of March 31, 2025, Truist had $47.8 billion of CET1 capital and a CET1 ratio of 11.3 percent, exceeding the new minimum CET1 ratio requirement by 4.3 percent
- Truist declares common and preferred stock dividendsCHARLOTTE, N.C., April 29, 2025 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation (NYSE:TFC) declared a regular quarterly cash dividend of $0.52 per common share, payable on June 2, 2025, to shareholders of record at the close of business on May 9, 2025. The Board also declared regular cash dividends on the following series of preferred stock: Series of Preferred Stock Dividend per Share Dividend per Depositary Share Record Date Payment Date Series I Non-Cumulative Perpetual Preferred Stock(CUSIP 89832Q810) $1,286.86386(1) $0.32172(1) May 9 June 16 Series J Non-Cumulative Perpetual Preferred Stock(CUSIP 86800XAA6) $1,315.93331(1) $13.15933(1) May 9 (2) June 16 S
- Truist declares common and preferred stock dividendsCHARLOTTE, N.C., Jan. 28, 2025 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation (NYSE:TFC) declared a regular quarterly cash dividend of $0.52 per common share, payable on Mar. 3, 2025, to shareholders of record at the close of business on Feb.14, 2025. The Board also declared regular cash dividends on the following series of preferred stock: Series of Preferred Stock Dividend perShare Dividend perDepositaryShare Record Date Payment Date Series I Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q810) $1,301.85106(1) $0.32546(1) Feb. 14 Mar. 17 Series J Non-Cumulative Perpetual Preferred Stock (CUSIP 86800XAA6) $1,330.92050(1) $13.30921(1) Feb. 14(2) Mar. 17 Ser
- Truist announces redemption of Series L Depositary SharesCHARLOTTE, N.C., Nov. 1, 2024 /PRNewswire/ -- Truist Financial Corporation (the "Company") today announced that it has submitted a redemption notice to U.S. Bank, National Association (the "Depositary") for the full redemption of all 7,500 issued and outstanding shares of the Company's Perpetual Preferred Stock, Series L (the "Preferred Stock") and all 750,000 issued and outstanding shares of the related depositary shares, each representing a 1/100 th interest in a share of the Preferred Stock (the "Series L Depositary Shares"), on the redemption date of Dec. 16, 2024 (the "Redemption Date"). The Company will redeem the Preferred Stock at a cash redemption price equal to $100,000 per share
- Truist declares common and preferred stock dividendsCHARLOTTE, N.C., Oct. 22, 2024 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation (NYSE:TFC) declared a regular quarterly cash dividend of $0.52 per common share, payable on Dec. 2, 2024, to shareholders of record at the close of business on Nov. 8, 2024. The Board also declared regular cash dividends on the following series of preferred stock: Series of Preferred Stock Dividend per Share Dividend per Depositary Share Record Date Payment Date Series I Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q810) $1,450.50208(1) $0.36263(1) November 8 December 16 Series J Non-Cumulative Perpetual Preferred Stock (CUSIP 86800XAA6) $1,479.57153(1) $14.79572(1) November 8(2
- Truist declares common and preferred stock dividendsCHARLOTTE, N.C., July 23, 2024 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation (NYSE:TFC) declared a regular quarterly cash dividend of $0.52 per common share, payable on September 3, 2024, to shareholders of record at the close of business on August 9, 2024. The Board also declared regular cash dividends on the following series of preferred stock: Series of Preferred Stock Dividendper Share Dividend per Depositary Share Record Date Payment Date Series I Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q810) $1,549.73758(1) $0.38743(1) August 9 September 16 Series J Non-Cumulative Perpetual Preferred Stock (CUSIP 86800XAA6) $1,578.80703(1) $15.78807(1) August
- Truist announces planned capital distributions and stress capital buffer requirement following release of 2024 CCAR resultsCHARLOTTE, N.C., June 28, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE:TFC) today released the results of its annual company-run stress test, conducted in accordance with the regulations of the Board of Governors of the Federal Reserve System ("Federal Reserve") and the Federal Deposit Insurance Corporation, under the Dodd-Frank Wall Street Reform and Consumer Protection Act. The results are available online at https://IR.Truist.com/other-filings. Truist announced that the Federal Reserve has determined the Company's preliminary stress capital buffer ("SCB") requirement is 2.8%. The Federal Reserve will provide the Company's final SCB requirement on or before Aug. 31, 2024. Once
- Truist declares common and preferred stock dividendsCHARLOTTE, N.C., April 23, 2024 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation (NYSE:TFC) declared a regular quarterly cash dividend of $0.52 per common share, payable on June 3, 2024, to shareholders of record at the close of business on May 10, 2024. The Board also declared regular cash dividends on the following series of preferred stock: Series of Preferred Stock Dividend perShare Dividend perDepositaryShare Record Date Payment Date Series I Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q810) $1,564.22489(1) $0.39106(1) May 10 June 17 Series J Non-Cumulative Perpetual Preferred Stock (CUSIP 86800XAA6) $1,593.61378(1) $15.93614(1) May 10 (2) June 17 Ser
- Truist declares common and preferred stock dividendsCHARLOTTE, N.C., Jan. 23, 2024 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation (NYSE:TFC) declared a regular quarterly cash dividend of $0.52 per common share, payable on Mar. 1, 2024, to shareholders of record at the close of business on Feb. 9, 2024. The Board also declared regular cash dividends on the following series of preferred stock: Series of Preferred Stock Dividend per Share Dividend per Depositary Share Record Date Payment Date Series I Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q810) $1,561.21622(1) $0.39030(1) Feb. 9 Mar. 15 Series J Non-Cumulative Perpetual Preferred Stock (CUSIP 86800XAA6) $1,590.28567(1) $15.90286(1) Feb. 9(2) Mar. 15 Se
- Truist declares common and preferred stock dividendsCHARLOTTE, N.C., July 25, 2023 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation (NYSE:TFC) declared a regular quarterly cash dividend of $0.52 per common share, payable on Sept. 1, 2023, to shareholders of record at the close of business on Aug. 11, 2023. The Board also declared regular cash dividends on the following series of preferred stock: Series of Preferred Stock Dividend per Share Dividend per Depositary Share Record Date Payment Date Series I Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q810) $1,554.28889(1) $0.38857(1) Aug. 11 Sept. 15 Series J Non-Cumulative Perpetual Preferred Stock (CUSIP 86800XAA6) $1,583.67778(1) $15.83678(1) Aug. 11(2) Sept. 1
- Truist announces planned dividend and stress capital buffer requirement following release of 2023 CCAR resultsCHARLOTTE, N.C., June 30, 2023 /PRNewswire/ -- Truist Financial Corporation (NYSE:TFC) today announced the Federal Reserve Board has determined the Company's preliminary stress capital buffer ("SCB") requirement is 2.9%. The Federal Reserve Board will provide the Company's final SCB requirement on or before Aug. 31, 2023. Once finalized, the new SCB requirement will be in effect from Oct. 1, 2023 to Sept. 30, 2024. Truist also announced plans to maintain its current quarterly common stock dividend of $0.52 per share, subject to approval by its board of directors. "Truist's 2023 annual stress test results again demonstrate the benefits of our diverse business mix and prudent and disciplined r
- Truist Financial Corporation Announces CME Term SOFR as Replacement Reference Rate for Outstanding U.S. Dollar Libor-Linked SecuritiesCHARLOTTE, N.C., May 26, 2023 /PRNewswire/ -- Truist Financial Corporation (NYSE:TFC) announced today that, after June 30, 2023, CME Term SOFR will be the replacement reference rate for certain outstanding floating rate and fixed-to-floating rate debt securities and preferred stock issued by Truist Financial Corporation and certain of its subsidiaries that use three-month U.S. dollar LIBOR as the reference rate and that are governed by U.S. law or the law of a U.S. state. In accordance with the Adjustable Interest Rate (LIBOR) Act (the "LIBOR Act") and the regulation issued by the Board of Governors of the Federal Reserve System (the "Board") on December 16, 2022 implementing the LIBOR Act (
- Truist Declares Common and Preferred Stock DividendsCHARLOTTE, N.C., April 25, 2023 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation (NYSE:TFC) declared a regular quarterly cash dividend of $0.52 per common share, payable on June 1, 2023, to shareholders of record at the close of business on May 12, 2023. The Board also declared regular cash dividends on the following series of preferred stock: Series of Preferred Stock Dividend per Share Dividend per Depositary Share Record Date Payment Date Series I Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q810) $1,379.05189(1) $0.34476(1) May 12 June 15 Series J Non-Cumulative Perpetual Preferred Stock (CUSIP 86800XAA6) $1,408.44078(1) $14.08441(1) May 12(2) June 15 Seri
- Truist declares common and preferred stock dividendsCHARLOTTE, N.C., Jan. 24, 2023 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation (NYSE:TFC) declared a regular quarterly cash dividend of $0.52 per common share, payable on Mar. 1, 2023, to shareholders of record at the close of business on Feb. 10, 2023. The Board also declared regular cash dividends on the following series of preferred stock: Series of Preferred Stock Dividend per Share Dividend per DepositaryShare Record Date Payment Date Series I Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q810) $1,324.75 $0.3311875 Feb. 10 Mar. 15 Series J Non-Cumulative Perpetual Preferred Stock (CUSIP 86800XAA6) $1,353.50 $13.535 Feb. 10(1) Mar. 15 Series L Non-Cumulati
- Truist declares common and preferred stock dividendsCHARLOTTE, N.C., Oct. 25, 2022 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation (NYSE:TFC) declared a regular quarterly cash dividend of $0.52 per common share, payable on Dec. 1, 2022, to shareholders of record at the close of business on Nov. 10, 2022. The Board also declared regular cash dividends on the following series of preferred stock: Series of Preferred Stock Dividend per Share Dividend per Depositary Share Record Date Payment Date Series I Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q810) $1,011.11111(1) $0.25278(1) Nov. 10 Dec. 15 Series J Non-Cumulative Perpetual Preferred Stock (CUSIP 86800XAA6) $1,011.11111(1) $10.11111(1) Nov. 10(2) Dec. 15 Se
- Truist declares common and preferred stock dividendsCHARLOTTE, N.C., July 26, 2022 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation (NYSE:TFC) declared a regular quarterly cash dividend of $0.52 per common share, payable on Sept. 1, 2022, to shareholders of record at the close of business on Aug. 12, 2022. The Board also declared regular cash dividends on the following series of preferred stock: Series of Preferred Stock Dividend per Share Dividend per Depositary Share Record Date Payment Date Series I Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q810) $1,022.22222(1) $0.25556(1) Aug. 12 Sept. 15 Series J Non-Cumulative Perpetual Preferred Stock (CUSIP 86800XAA6) $1,022.22222(1) $10.22222(1) Aug. 12(2) Sept. 15
- Truist announces planned dividend increase following release of 2022 CCAR resultsCHARLOTTE, N.C., June 27, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE:TFC) today released the results of its annual company-run stress test, conducted in accordance with the regulations of the Board of Governors of the Federal Reserve System ("Federal Reserve") and the Federal Deposit Insurance Corporation, under the Dodd-Frank Wall Street Reform and Consumer Protection Act. The results are available online at https://IR.Truist.com/other-filings. Truist announces a planned 8% increase in its regular quarterly cash dividend to $0.52 per common share from $0.48 per share following the completion of the 2022 Comprehensive Capital Analysis and Review ("CCAR") process. Truist's divide
- Truist Declares Common and Preferred Stock DividendsCHARLOTTE, N.C., April 26, 2022 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation (NYSE:TFC) declared a regular quarterly cash dividend of $0.48 per common share, payable on June 1, 2022, to shareholders of record at the close of business on May 13, 2022. The Board also declared regular cash dividends on the following series of preferred stock: Series of Preferred Stock Dividend per Share Dividend per Depositary Share Record Date Payment Date Series I Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q810) $1,022.22222(1) $0.25556(1) May 13 June 15 Series J Non-Cumulative Perpetual Preferred Stock (CUSIP 86800XAA6) $1,022.22222(1) $10.22222(1) May 13(2) June 15 Seri
- Truist Declares Common and Preferred Stock DividendsCHARLOTTE, N.C., Jan. 25, 2022 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation (NYSE:TFC) declared a regular quarterly cash dividend of $0.48 per common share, payable on Mar. 1, 2022, to shareholders of record at the close of business on Feb. 11, 2022. The Board also declared regular cash dividends on the following series of preferred stock: Series of Preferred Stock Dividend per Share Dividend per Depositary Share RecordDate PaymentDate Series I Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q810) $1,000.00 $0.25 Feb. 11 Mar. 15 Series J Non-Cumulative Perpetual Preferred Stock (CUSIP 86800XAA6) $1,000.00 $10.00 Feb. 11(1) Mar. 15 Series N Fixed Rate Reset No
- Truist Declares Common and Preferred Stock DividendsCHARLOTTE, N.C., Oct. 26, 2021 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation (NYSE:TFC) declared a regular quarterly cash dividend of $0.48 per common share, payable on Dec. 1, 2021, to shareholders of record at the close of business on Nov. 12, 2021. The Board also declared regular cash dividends on the following series of preferred stock: Series of Preferred Stock Dividend per Share Dividend per Depositary Share Record Date Payment Date Series I Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q810) $1,011.11111(1) $0.25278(1) Nov. 12 Dec. 15 Series J Non-Cumulative Perpetual Preferred Stock (CUSIP 86800XAA6) $1,011.11111(1) $10.11111(1) Nov. 12(2) Dec. 15 S
- Truist declares common and preferred stock dividendsCHARLOTTE, N.C., July 27, 2021 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation (NYSE:TFC) declared a regular quarterly cash dividend of $0.48 per common share, payable on Sept. 1, 2021, to shareholders of record at the close of business on Aug. 13, 2021. The Board also declared regular cash dividends on the following series of preferred stock: Series of Preferred Stock Dividend per Share Dividend per Depositary Share Record Date Payment Date Series I Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q810) $1,022.22222(1) $0.25556(1) August 13 September 15 Series J Non-Cumulative Perpetual Preferred Stock (CUSIP 86800XAA6) $1,022.22222(1) $10.22222(1) August 13(2)
- Truist announces planned dividend increase and reduced stress capital buffer following release of 2021 CCAR resultsCHARLOTTE, N.C., June 28, 2021 /PRNewswire/ -- Truist Financial Corporation (NYSE:TFC) today announced a planned 7% increase in the regular quarterly common dividend from $0.45 per share to $0.48 per share, following the completion of the 2021 Comprehensive Capital Analysis and Review (CCAR) process. This increase would take effect in the third quarter of 2021. Truist's dividends are subject to approval by its board of directors, and the third quarter dividend will be considered by the Truist board at its upcoming meeting. Truist also announced that the Federal Reserve Board reduced the preliminary stress capital buffer (SCB) to which Truist will be subject from 2.7% to 2.5%. The new prelim
- Truist to redeem all $465 million of its 5.625% Series H Non-Cumulative Perpetual Preferred Stock, represented by Depositary SharesCHARLOTTE, N.C., April 29, 2021 /PRNewswire/ -- Truist Financial Corporation (NYSE:TFC) today announced that it will redeem all 18,600 outstanding shares of its 5.625% Series H Non-Cumulative Perpetual Preferred Stock ("Series H Preferred Stock") and the corresponding 18,600,000 depositary shares ("Series H Depositary Shares"), each representing a 1/1,000th interest in a share of Series H Preferred Stock, on the redemption date of June 1, 2021. The Series H Depositary Shares (NYSE:TFC, CUSIP 89832Q836))) will be redeemed simultaneously with the redemption of the Series H Preferred Stock for a redemption price equal to $25 per depositary share (equivalent to $25,000 per share of Series H Pref
- Truist Declares Common and Preferred Stock DividendsCHARLOTTE, N.C., April 27, 2021 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation (NYSE:TFC) declared a regular quarterly cash dividend of $0.45 per common share, payable on June 1, 2021, to shareholders of record at the close of business on May 14, 2021. The Board also declared regular cash dividends on the following series of preferred stock: Series of Preferred Stock Dividend perShare Dividend per DepositaryShare RecordDate PaymentDate Series H Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q836) $351.5625 $0.3515625 May 14 June 1 Series I Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q810) $1,022.22222(1) $0.25556(1) May 14 June 15 Series J Non-Cumulat
- SunTrust Real Estate Investment Corporation to redeem all $100 Million of its Series B Non-Cumulative Exchangeable Preferred StockCHARLOTTE, N.C., Feb. 26, 2021 /PRNewswire/ -- SunTrust Real Estate Investment Corporation, an indirect subsidiary of Truist Bank, today announced it will redeem all 1,000 outstanding shares of its Series B Non-Cumulative Exchangeable Preferred Stock (CUSIP 86788X203) on the redemption date of March 31, 2021. The redemption price for the preferred stock will be equal to $100,000 per share. Regular dividends on the outstanding shares of the preferred stock, for the full current semiannual dividend period, will be paid separately and in the customary manner on March 31, 2021 to holders of record on the March 15, 2021 record date. Accordingly, the redemption price for the preferred stock will n
- Truist Declares Common and Preferred Stock DividendsCHARLOTTE, N.C., Jan. 26, 2021 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation (NYSE: TFC) declared a regular quarterly cash dividend of $0.45 per common share, payable on March 1, 2021, to shareholders of record at the close of business on February 12, 2021. The Board also declared regular cash dividends on the following series of preferred stock: Series of Preferred Stock Dividend per Share Dividend per Depositary Share Record Date Payment Date Series F Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q851) $325.00 $0.325 February 12 March 1 Series G Non-Cumulative Perpetual Preferred Stock (CUSIP 89832Q844) $325.00 $0.325 February 12
- Truist to Redeem All $450 Million of Its 5.200% Series F Non-Cumulative Perpetual Preferred Stock and All $500 Million of Its 5.200% Series G Non-Cumulative Perpetual Preferred Stock, Each Represented by Depositary SharesCHARLOTTE, N.C., Jan. 20, 2021 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that it will redeem all outstanding shares of its 5.200% Series F Non-Cumulative Perpetual Preferred Stock ("Series F Preferred Stock") and the corresponding 18,000,000 depositary shares ("Series F Depositary Shares"), each representing a 1/1,000th interest in one share of Series F Preferred Stock. Truist also announced that it will redeem all outstanding shares of its 5.200% Series G Non-Cumulative Perpetual Preferred Stock ("Series G Preferred Stock") and the corresponding 20,000,000 depositary shares ("Series G Depositary Shares"), each representing a 1/1,000th interest in one share
- Truist announces increased capital flexibility for 2021CHARLOTTE, N.C., Dec. 23, 2020 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced increased capital flexibility following the release of the second round of bank stress tests by the Federal Reserve. The Federal Reserve modified its prior restrictions on capital distributions, allowing Truist to maintain its per share common stock dividend and repurchase common stock, provided that the aggregate capital distributions do not exceed the average amount of the firm's net income over the four preceding calendar quarters. The Federal Reserve would also allow Truist to redeem Tier 1 and Tier 2 capital instruments. The Truist capital plan includes maintaining a first quarter