What is the primary purpose of this 8-K filing?

The primary purpose of this 8-K filing is to publicly announce the results of Truist Financial Corporation's annual company-run stress test and related information from the 2020 Comprehensive Capital Analysis and Review (CCAR), including the receipt of a preliminary Stress Capital Buffer (SCB) calculation from the Federal Reserve.

Why are stress test results and SCB calculations important for investors?

Stress test results and SCB calculations are critical for investors because they indicate a bank's ability to withstand severe economic downturns without becoming insolvent. The SCB, in particular, directly impacts how much capital a bank must hold, which in turn influences its capacity for dividends, share buybacks, and overall risk-taking.

Where can I find the detailed results of the stress test and SCB information?

The detailed results and information are provided in the press release dated June 30, 2020, which is attached as Exhibit 99.1 to this 8-K filing. Investors should refer to this press release for further specifics.

Does this filing provide the final SCB figure from the Federal Reserve?

No, this filing states that Truist Financial Corporation received a *preliminary* Stress Capital Buffer calculation from the Federal Reserve. The final SCB figure and its implications would be subject to further communication from the Federal Reserve.

TRUIST FINANCIAL CORP 8-K SEC Disclosure

Summary

Truist Financial Corporation (TFC) has filed an 8-K report on June 30, 2020, detailing the outcomes of its annual company-run stress test. This stress test was conducted in compliance with regulations set forth by the Board of Governors of the Federal Reserve System and the Federal Deposit Insurance Corporation, as mandated by the Dodd-Frank Act. The report also includes other significant announcements related to the 2020 Comprehensive Capital Analysis and Review (CCAR), notably the receipt of a preliminary Stress Capital Buffer (SCB) calculation from the Federal Reserve. Investors should pay close attention to these results as they provide insights into the company's capital adequacy and resilience under adverse economic conditions. The information disclosed in the accompanying press release (Exhibit 99.1) will be crucial for assessing TFC's capital planning and its ability to withstand potential financial shocks. The preliminary SCB figure, in particular, will influence TFC's future capital distribution plans, such as dividends and share repurchases, and will be a key factor in evaluating the company's overall financial health and risk management practices moving forward.

Key Highlights

1Truist Financial Corporation (TFC) released results of its annual company-run stress test on June 30, 2020.
2The stress test was conducted in accordance with Dodd-Frank Act regulations from the Federal Reserve and FDIC.
3The company announced other updates related to the 2020 Comprehensive Capital Analysis and Review (CCAR).
4A key announcement includes the receipt of a preliminary Stress Capital Buffer (SCB) calculation from the Federal Reserve.
5The press release containing these details is attached as Exhibit 99.1 to the 8-K filing.
6These disclosures are important for understanding TFC's capital adequacy and resilience.

TRUIST FINANCIAL CORP 8-K Report, Corporate Update (Jun 30, 2020)

Summary

Key Highlights

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