CHARLOTTE, N.C., Truist Bank today announced it will redeem all $700,000,000 principal amount outstanding of its 2.85% Senior Notes due April 1, 2021 (CUSIP 07330NAJ4) on the redemption date of March 1, 2021. The redemption price for the notes will be equal to 100% of the principal amount of the notes, plus accrued and unpaid interest thereon to, but excluding, the…

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Earnings of $1.2 billion, or $0.90 per diluted share CHARLOTTE, N.C., Jan. 21, 2021 /CNW/ — Truist Financial Corporation (NYSE: TFC) today reported earnings for the fourth quarter of 2020. Net income available to common shareholders was $1.2 billion, up 74.9 percent, compared to the fourth quarter last year. Earnings per diluted common share were $0.90, an increase of 20.0 percent compared…

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CHARLOTTE, N.C., — Truist Financial Corporation (NYSE: TFC) last week 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…

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