Summary
This 8-K filing from Truist Financial Corp. (TFC), filed on December 10, 2018, primarily discloses information related to a presentation given by Cynthia B. Powell, Executive Vice President and Corporate Controller of BB&T Corporation (which would later merge to form Truist), at the Barclays CECE Seminar. The presentation focuses on the lender's perspective on the implementation of the Current Expected Credit Losses (CECL) accounting standard. Investors should note that this filing does not contain new material financial results or significant corporate events beyond the disclosure of this presentation.
Key Highlights
- 1Disclosure of a presentation by BB&T Corporation's EVP and Corporate Controller, Cynthia B. Powell, at the Barclays CECL Seminar.
- 2The presentation's subject matter is the lender's perspective on the implementation of the Current Expected Credit Losses (CECL) accounting standard.
- 3The presentation slides are attached as Exhibit 99.1 to this 8-K filing.
- 4This filing is for Regulation FD disclosure purposes.
- 5Information provided, including exhibits, is not considered 'filed' for Section 18 of the Securities Exchange Act of 1934, nor incorporated by reference into other SEC filings.
- 6The event date for this disclosure was December 9, 2018.