Barclays Global Financial Services Conference
Non-GAAP Reconciliations
Performance Ratios
($ MM)
Return on Average
Assets
Return on Average
Common Equity
Year-to-Date June 30, 2020
Return on Average
Tangible Common
Shareholders' Equity
Net income GAAP
$
2,021
Net income available to common shareholders - GAAP
Merger-related and restructuring charges
Securities gains (losses)
Loss on extinguishment of debt
Incremental operating expenses related to the merger
Amortization
Numerator adjusted (1)
Average assets
242
(228)
180
156
1,888
242
(228)
180
156
263
$
2,371
$
2,238
$
2,501
+A
496,135
1,888
$
242
(228)
180
156
Average common shareholders' equity
60,854
$
60,854
Plus: Estimated impact of adjustments on denominator
79
79
Less: Average intangible assets, net of deferred taxes
Denominator adjusted (1)
(26,295)
$
496,135
$
60,933
$
34,638
Reported ratio
0.82%
6.24%
12.52 %
Adjusted ratio
0.96
7.39
1.
Tangible common equity and related measures are non-GAAP measures that exclude the impact of intangible assets, net of deferred taxes, and their related amortization. These measures are useful for evaluating the
performance of a business consistently, whether acquired or developed internally. Truist's management uses these measures to assess the quality of capital and returns relative to balance sheet risk. These measures are not
necessarily comparable to similar measures that may be presented by other companies.
14.52
TRUIST HH
A-23View entire presentation