Barclays Global Financial Services Conference

Stressed Loss Resiliency Well-Positioned for Future Credit Losses 2020 DFAST Results - Loss Absorbency Resilient risk profile Key Points ■ DFAST stressed loan losses estimated at $15.3 billion ■Loan loss rate of 5.1%, 60 bps better than peer average Significant loss absorbency represented by a combination of TFC's ACL + unamortized loan marks Totaling $9.2 billion in loss absorbency capacity, representing: ° 2.90% of end of period LHFI 60% of 2020 DFAST severely adverse stress losses Severely Adverse Scenario Stressed Loan Loss Loan Loss Rate 2Q20 ACL Firm ($ B) (%) ($ B) 2Q20 Reserves as a % of Stress Losses BAC $47.2 4.7% $21.1 45% CFG $6.7 5.6% $2.5 37% FITB $7.4 6.8% $2.9 39% JPM $64.4 6.6% $34.3 53% KEY $5.1 5.3% $1.9 37% • MTB $5.0 5.5% $1.6 32% PNC $12.1 5.1% $6.6 55% о RF $5.3 6.3% $2.4 45% USB $17.1 5.8% $7.9 46% WFC $47.4 4.9% $20.4 43% Peer Average $21.8 5.7% $10.2 43% TFC $15.3 5.1% $6.1 40% Unamortized Loan Marks $3.1 TFC ACL + Unamortized Loan Marks $9.2 60% Source: FRB and Company Releases TRUIST HH 21

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