Truist Financial Corp. Files 8-K on Preferred Stock
Ticker: TFC-PR · Form: 8-K · Filed: May 7, 2024 · CIK: 92230
| Field | Detail |
|---|---|
| Company | Truist Financial Corp (TFC-PR) |
| Form Type | 8-K |
| Filed Date | May 7, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $5 |
| Sentiment | neutral |
Sentiment: neutral
Topics: preferred-stock, disclosure
TL;DR
Truist filed an 8-K detailing preferred stock series. Nothing major to see here.
AI Summary
Truist Financial Corp. filed an 8-K on May 7, 2024, reporting on events from May 6, 2024. The filing primarily concerns the company's preferred stock, specifically mentioning Series I, J, O, and R Perpetual Preferred Stock, and related purchase securities. No specific dollar amounts or significant business changes were detailed in the provided excerpt.
Why It Matters
This filing provides an update on Truist's preferred stock offerings, which are important for understanding the company's capital structure and financial obligations.
Risk Assessment
Risk Level: low — The filing is a routine disclosure regarding preferred stock and does not indicate any immediate financial distress or significant operational changes.
Key Players & Entities
- TRUIST FINANCIAL CORP (company) — Filer
- BB&T CORP (company) — Former company name
- SOUTHERN NATIONAL CORP /NC/ (company) — Former company name
- Series J Perpetual Preferred Stock (security) — Mentioned in filing
- Series I Perpetual Preferred Stock (security) — Mentioned in filing
- Series O Perpetual Preferred Stock (security) — Mentioned in filing
- Series R Perpetual Preferred Stock (security) — Mentioned in filing
FAQ
What specific events are being reported by Truist Financial Corp. on May 6, 2024?
The filing indicates events related to Truist's preferred stock, including Series I, J, O, and R Perpetual Preferred Stock, and associated purchase securities.
What is the ticker symbol for Truist Financial Corp?
The ticker symbol is not explicitly stated in the provided excerpt, but the company is Truist Financial Corp.
When was Truist Financial Corp. previously known as BB&T Corp?
The date of the name change from BB&T Corp. to Truist Financial Corp. was May 27, 1997.
What is the primary business of Truist Financial Corp. according to the SIC code?
The Standard Industrial Classification (SIC) code provided is 6021, which corresponds to National Commercial Banks.
What is the fiscal year end for Truist Financial Corp?
The fiscal year end for Truist Financial Corp. is December 31.
Filing Stats: 707 words · 3 min read · ~2 pages · Grade level 12.1 · Accepted 2024-05-07 07:07:58
Key Financial Figures
- $5 — nge on which registered Common Stock, $5 par value TFC New York Stock Exchan
Filing Documents
- d816371d8k.htm (8-K) — 33KB
- d816371dex991.htm (EX-99.1) — 14KB
- 0001193125-24-132563.txt ( ) — 222KB
- tfc-20240506.xsd (EX-101.SCH) — 5KB
- tfc-20240506_def.xml (EX-101.DEF) — 14KB
- tfc-20240506_lab.xml (EX-101.LAB) — 24KB
- tfc-20240506_pre.xml (EX-101.PRE) — 15KB
- d816371d8k_htm.xml (XML) — 9KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d)Exhibits. Exhibit No. Description of Exhibit 99.1 News release dated May 7, 2024 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. TRUIST FINANCIAL CORPORATION (Registrant) By: /s/ Cynthia B. Powell Name: Cynthia B. Powell Title: Executive Vice President and Corporate Controller (Principal Accounting Officer) Date: May 7, 2024