Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (10.0 on a scale of 0 to 10). Good current capitalization (6.0 on a scale of 0 to 10) based on a risk-based capital ratio of 13.3 and a capital leverage ratio of 9.2.
Other Rating Factors:
A current level of 5.0 percent of nonperforming loans to core capital combined with 3.2 percent from a year earlier contributes to the Good asset quality (5.1). Fair liquidity 3.0, driven by a liquidity ratio of 24.4 percent and a “hot money” ratio of 5.4 percent.
Asset Mix:
Securities (21%), comm loans (17%), home mtgs (11%), consumer loans (10%), comm re (7%), cash (6%), home eq lns (2%), other (26%)
States with Branches:
AL, AR, DC, FL, GA, IN, KY, MD, MS, NC, NJ, OH, PA, SC, TN, TX, VA, WV
Corporate Info
Truist Financial Corporation
214 North Tryon Street
Charlotte, NC 28202
Charlotte, NC 28202
(980) 985-8303
Largest Affiliates
No affiliate information available.