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TFC Aug 2024 39.000 call
- PR Newswire
Truist announces planned capital distributions and stress capital buffer requirement following release of 2024 CCAR results
Truist Financial Corporation (NYSE: TFC) today released the results of its annual company-run stress test, conducted in accordance with the regulations of the Board of Governors of the Federal Reserve System ("Federal Reserve") and the Federal Deposit Insurance Corporation, under the Dodd-Frank Wall Street Reform and Consumer Protection Act. The results are available online at https://IR.Truist.com/other-filings.
- Zacks
High Rates, Restructuring Aid Truist (TFC) Amid Cost Woes
Truist (TFC) is well-positioned for top-line improvement, supported by higher interest rates and decent loan growth. Yet, elevated costs might hurt profits.
- Yahoo Finance
Big banks pass Fed stress test as they fight stricter capital rules
The biggest US banks proved to the Fed they would all be able to withstand a severe global recession, demonstrating strength while they push regulators to adjust a set of proposed capital rules.
