Truist Bank
Truist Bank reported total assets of $548.3 bn at Q2 2026, up 2.4% on a year earlier, the 9th largest of 497 banks in our US coverage. The CET1 capital ratio at Truist Bank was 12.11%, and the uninsured share of Truist Bank was 44.91%. Source: FDIC Call Reports.
Key takeaways
- On net interest margin, Truist Bank slipped from 342nd to 382nd among 500 US banks between and (1 = highest; FDIC Call Reports).
- Since , Truist Bank has taken over 2 institutions; the latest was SunTrust Bank on (FDIC Call Reports).
What sets Truist Bank apart
How large is Truist Bank?
The balance sheet of Truist Bank at : assets $548.3 bn, deposits $419.2 bn, net loans $327.2 bn (loans equal to 78.04% of deposits). Securities make up 20.8% of total assets at Truist Bank. Since , when Truist Bank held $206.9 bn, its assets grew 165.1%. In the year to , deposits at Truist Bank rose 0.4% while its total assets rose 2.4%. At , Truist Bank employed 35,808 full-time equivalent staff across 1,931 offices, about $15.3 mn of assets per employee and $217.1 mn of deposits per office.
How much funding at Truist Bank is uninsured?
At Truist Bank, uninsured deposits (above the FDIC limit) made up 44.91% of domestic deposits at (+1.24 pp on a year earlier); Truist Bank ranks 139th of 500 on this measure. In dollars, Truist Bank estimated $188.3 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $419.2 bn | +0.4% | 9th of 499 |
| Net loans and leases | $327.2 bn | +3.9% | 8th of 500 |
| Loan-to-deposit ratio | 78.04% | +2.62 pp | 366th of 500 |
| Tier 1 leverage ratio | 9.82% | +0.01 pp | 327th of 500 |
| Total risk-based capital ratio | 13.62% | +0.07 pp | 294th of 448 |
| Net interest margin | 3.14% | 0.00 pp | 382nd of 500 |
| Return on assets (ROA) | 1.16% | +0.16 pp | 325th of 500 |
| Efficiency ratio | 52.99% | -1.32 pp | 191st of 500 (1 = lowest) |
| Unrealized gain/loss on held-to-maturity securities | Loss of $8.2 bn | Narrowed by $1.2 bn | |
| Unrealized gain/loss on available-for-sale securities | Loss of $4.6 bn | Narrowed by $774.0 mn | |
| Noncurrent loans to total loans | 0.72% | +0.15 pp | 287th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.55% | +0.00 pp | 446th of 500 (1 = lowest) |
US rank of Truist Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
Truist Bank: assets, deposits and loans
- Total assets $548bn
- Deposits $419bn
- Net loans $327bn
Capital and securities
The CET1 ratio of Truist Bank stood at 12.11% in , +0.20 pp year on year. Low and high at Truist Bank since : 9.94% () to 13.11% (). Equity capital of Truist Bank at : $63.0 bn, or 11.5% of total assets. Truist Bank also reported a total capital ratio of 13.62% for , and a tier 1 leverage ratio of 9.82%.
On held-to-maturity securities, Truist Bank carried an unrealized loss of $8.2 bn at , equal to 13.0% of equity capital. The loss narrowed by $1.2 bn over the year. Its deepest point: $12.4 bn in . The available-for-sale portfolio of Truist Bank showed an unrealized loss of $4.6 bn at ; the loss narrowed by $774.0 mn over the year.
Truist Bank: capital ratios
- Total capital 14%
- CET1 12%
- Tier 1 leverage 9.8%
Truist Bank: unrealized securities gains and losses
- Available for sale -$4.6bn
- Held to maturity -$8.2bn
Profitability and loan quality
For the year to , Truist Bank earned a return on equity of 10.00%; return on assets: 1.16%. Net interest margin at Truist Bank: 3.14%, 0.00 pp in a year. Truist Bank net income: $3.2 bn, up 19.4% year on year. The efficiency ratio of Truist Bank was 52.99%: about 53 cents cost per revenue dollar, against 56 cents at the median peer.
At , noncurrent loans were 0.72% of total loans at Truist Bank; net charge-offs: 0.55% of average loans. Gross loans and leases at Truist Bank: $332.2 bn, up 3.9% in a year.
Truist Bank: profitability
- Return on equity 10%
- Net interest margin 3.1%
- Return on assets 1.2%
Peer group of Truist Bank
The peer group of Truist Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 0 share the charter type of Truist Bank (state nonmember bank), 6 sit in the same size group (over $100 bn) and 0 have head offices in North Carolina. Against them, Truist Bank shows CET1 ratio 12.11% against a peer median of 13.89%, return on equity 10.00% against a peer median of 12.78% and uninsured deposit share 44.91% against a peer median of 48.96%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| U.S. Bank | National bank | OH | $705.6 bn | 12.91% | 12.38% | 53.09% | |
| Capital One | National bank | VA | $662.2 bn | 13.21% | 11.35% | 20.82% | |
| PNC Bank | National bank | DE | $609.8 bn | 11.20% | 12.59% | 44.83% | |
| Truist Bank | State nonmember bank | NC | $548.3 bn | 12.11% | 10.00% | 44.91% | |
| The Bank of New York Mellon | State member bank | NY | $425.1 bn | 14.56% | 19.63% | 99.26% | |
| Morgan Stanley Bank | National bank | UT | $419.3 bn | 18.25% | 15.33% | 43.96% | |
| State Street Bank and Trust Company | State member bank | MA | $412.6 bn | 14.72% | 12.96% | 102.28% | |
. FDIC Call Reports.
Last eight quarters
Two years at Truist Bank, to : assets +6.4%, deposits +4.7%, equity -0.9%. Staff 35,682 to 35,808; offices 1,934 to 1,931.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $515.2 bn | $523.1 bn | $527.5 bn | $535.6 bn | $535.5 bn | $539.5 bn | $541.2 bn | $548.3 bn |
| Total deposits | $400.4 bn | $402.1 bn | $413.8 bn | $417.5 bn | $404.1 bn | $409.4 bn | $413.6 bn | $419.2 bn |
| Bank equity capital | $63.6 bn | $60.8 bn | $61.6 bn | $61.8 bn | $62.6 bn | $63.2 bn | $63.1 bn | $63.0 bn |
| CET1 ratio | 13.05% | 12.61% | 12.31% | 11.91% | 11.91% | 11.78% | 11.93% | 12.11% |
| Return on equity (ROE) | 8.14% | 8.35% | 8.61% | 8.61% | 8.95% | 8.93% | 9.96% | 10.00% |
| Uninsured share of domestic deposits | 42.12% | 42.45% | 43.18% | 43.67% | 42.77% | 43.37% | 43.61% | 44.91% |
| Full-time equivalent employees | 35,682 | 35,489 | 35,440 | 35,887 | 36,393 | 35,997 | 35,820 | 35,808 |
| Number of offices | 1,934 | 1,932 | 1,932 | 1,931 | 1,931 | 1,931 | 1,931 | 1,931 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of Truist Bank, oldest first; figures before and after each event are not like for like.
- . Absorbed National Penn Bank (FDIC certificate 7414).
- . Absorbed SunTrust Bank (FDIC certificate 867).
Large one-quarter moves at Truist Bank
- Total assets at Truist Bank changed by +100.6% in the quarter to 2019-12-31: Merger -Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from SunTrust Bank.
Questions and identifiers
What were the total assets of Truist Bank?
Truist Bank reported $548.3 bn at in its Call Report. That makes Truist Bank the 9th largest of 497 banks in our US coverage.
Is Truist Bank the same as its holding company?
No. This page covers Truist Bank, FDIC certificate 9846; TRUIST FINANCIAL CORP (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Truist Bank profitable?
Truist Bank reported net income of $3.2 bn for the year to ; annualized return on equity: 10.00%. So yes: Truist Bank made a profit over these months.
When is data for Truist Bank next updated?
Figures from Truist Bank for are due after .
Where can I check the figures for Truist Bank?
In the FDIC BankFind Suite record for certificate 9846, and in the Call Reports of Truist Bank (RSSD ID 852320) at the FFIEC Central Data Repository.