The company said it filed this Form 8-K solely to recast some financial information and related disclosures in the Form 10-K annual report for fiscal 2023, which was filed on February 27, 2024.

1. 01

   The company said it filed this Form 8-K solely to recast some financial information and related disclosures in the Form 10-K annual report for fiscal 2023, which was filed on February 27, 2024.

2. 02

   Truist Insurance Holdings, LLC (TIH) said it completed the sale of its remaining equity interests on May 6, 2024, under an Equity Interest Purchase Agreement entered into on February 20, 2024. The company said it reflected TIH's historical results as discontinued operations in the recast financial statements for all periods presented.

3. 03

   The company said it renamed the Consumer Banking and Wealth segment Consumer and Small Business Banking (CSBB) and the Corporate and Commercial Banking segment Wholesale Banking (WB), effective January January 1, 2024. It also said it realigned the Wealth business from CSBB into WB and the small business banking client segmentation from WB into CSBB.

4. 04

   The company said it included in Exhibit 99.1 recast versions of Items 7 and 8 of its 2023 Form 10-K, excluding the Risk Management, Liquidity and Capital sections. It also said this Form 8-K is not an amendment or restatement of its 2023 Form 10-K.

Analysis scope · Filing body only (exhibits excluded)We analyzed the filing body only. The exhibits exceeded the length limit and were excluded, so figures, financial statements and presentation materials in them were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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