Credit Rating Report
Truist Financial Corporation: Credit Rating Report
Banking Organizations, Non-Bank Financial InstitutionsSummary
DBRS, Inc. (Morningstar DBRS) released a new rating report on Truist Financial Corporation.
Available Documents
Ratings
CAFO Inc.
Date Issued Debt Rated Rating Trend Action Attributes i - US = Lead Analyst based in USA
- CA = Lead Analyst based in Canada
- EU = Lead Analyst based in EU
- UK = Lead Analyst based in UK
- E = EU endorsed
- U = UK endorsed
- Unsolicited Participating With Access
- Unsolicited Participating Without Access
- Unsolicited Non-participating
09-Aug-24 Commercial Paper (Guaranteed by Truist Bank) R-1 (high) Stb Confirmed USMoreLessNational Commerce Capital Trust I
Date Issued Debt Rated Rating Trend Action Attributes i - US = Lead Analyst based in USA
- CA = Lead Analyst based in Canada
- EU = Lead Analyst based in EU
- UK = Lead Analyst based in UK
- E = EU endorsed
- U = UK endorsed
- Unsolicited Participating With Access
- Unsolicited Participating Without Access
- Unsolicited Non-participating
09-Aug-24 Trust Preferred Securities A (high) Stb Upgraded, Trend Change USMoreLessSunTrust Capital I
Date Issued Debt Rated Rating Trend Action Attributes i - US = Lead Analyst based in USA
- CA = Lead Analyst based in Canada
- EU = Lead Analyst based in EU
- UK = Lead Analyst based in UK
- E = EU endorsed
- U = UK endorsed
- Unsolicited Participating With Access
- Unsolicited Participating Without Access
- Unsolicited Non-participating
09-Aug-24 Trust Preferred Securities A (high) Stb Upgraded, Trend Change USMoreLessSunTrust Capital III
Date Issued Debt Rated Rating Trend Action Attributes i - US = Lead Analyst based in USA
- CA = Lead Analyst based in Canada
- EU = Lead Analyst based in EU
- UK = Lead Analyst based in UK
- E = EU endorsed
- U = UK endorsed
- Unsolicited Participating With Access
- Unsolicited Participating Without Access
- Unsolicited Non-participating
09-Aug-24 Trust Preferred Securities A (high) Stb Upgraded, Trend Change USMoreLessTruist Bank
Date Issued Debt Rated Rating Trend Action Attributes i - US = Lead Analyst based in USA
- CA = Lead Analyst based in Canada
- EU = Lead Analyst based in EU
- UK = Lead Analyst based in UK
- E = EU endorsed
- U = UK endorsed
- Unsolicited Participating With Access
- Unsolicited Participating Without Access
- Unsolicited Non-participating
09-Aug-24 Long-Term Issuer Rating AA Stb Confirmed US09-Aug-24 Short-Term Issuer Rating R-1 (high) Stb Confirmed US09-Aug-24 Long-Term Deposits AA Stb Confirmed US09-Aug-24 Long-Term Senior Debt AA Stb Confirmed US09-Aug-24 Short-Term Instruments R-1 (high) Stb Confirmed US09-Aug-24 Subordinated Debt AA (low) Stb Confirmed USMoreLessTruist Financial Corporation
Date Issued Debt Rated Rating Trend Action Attributes i - US = Lead Analyst based in USA
- CA = Lead Analyst based in Canada
- EU = Lead Analyst based in EU
- UK = Lead Analyst based in UK
- E = EU endorsed
- U = UK endorsed
- Unsolicited Participating With Access
- Unsolicited Participating Without Access
- Unsolicited Non-participating
09-Aug-24 Long-Term Issuer Rating AA (low) Stb Confirmed US09-Aug-24 Short-Term Issuer Rating R-1 (middle) Stb Confirmed US09-Aug-24 Long-Term Senior Debt AA (low) Stb Confirmed US09-Aug-24 Short-Term Instruments R-1 (middle) Stb Confirmed US09-Aug-24 Subordinated Debt A (high) Stb Confirmed US09-Aug-24 Preferred Stock A (low) Stb Confirmed USMoreLess
CAFO Inc.
- Date Issued:Aug 9, 2024
- Rating Action:Confirmed
- Ratings:R-1 (high)
- Trend:Stb
- Rating Recovery:
- Issued:US
National Commerce Capital Trust I
- Date Issued:Aug 9, 2024
- Rating Action:Upgraded, Trend Change
- Ratings:A (high)
- Trend:Stb
- Rating Recovery:
- Issued:US
SunTrust Capital I
- Date Issued:Aug 9, 2024
- Rating Action:Upgraded, Trend Change
- Ratings:A (high)
- Trend:Stb
- Rating Recovery:
- Issued:US
SunTrust Capital III
- Date Issued:Aug 9, 2024
- Rating Action:Upgraded, Trend Change
- Ratings:A (high)
- Trend:Stb
- Rating Recovery:
- Issued:US
Truist Bank
- Date Issued:Aug 9, 2024
- Rating Action:Confirmed
- Ratings:AA
- Trend:Stb
- Rating Recovery:
- Issued:US
- Date Issued:Aug 9, 2024
- Rating Action:Confirmed
- Ratings:R-1 (high)
- Trend:Stb
- Rating Recovery:
- Issued:US
- Date Issued:Aug 9, 2024
- Rating Action:Confirmed
- Ratings:AA
- Trend:Stb
- Rating Recovery:
- Issued:US
- Date Issued:Aug 9, 2024
- Rating Action:Confirmed
- Ratings:AA
- Trend:Stb
- Rating Recovery:
- Issued:US
- Date Issued:Aug 9, 2024
- Rating Action:Confirmed
- Ratings:R-1 (high)
- Trend:Stb
- Rating Recovery:
- Issued:US
- Date Issued:Aug 9, 2024
- Rating Action:Confirmed
- Ratings:AA (low)
- Trend:Stb
- Rating Recovery:
- Issued:US
Truist Financial Corporation
- Date Issued:Aug 9, 2024
- Rating Action:Confirmed
- Ratings:AA (low)
- Trend:Stb
- Rating Recovery:
- Issued:US
- Date Issued:Aug 9, 2024
- Rating Action:Confirmed
- Ratings:R-1 (middle)
- Trend:Stb
- Rating Recovery:
- Issued:US
- Date Issued:Aug 9, 2024
- Rating Action:Confirmed
- Ratings:AA (low)
- Trend:Stb
- Rating Recovery:
- Issued:US
- Date Issued:Aug 9, 2024
- Rating Action:Confirmed
- Ratings:R-1 (middle)
- Trend:Stb
- Rating Recovery:
- Issued:US
- Date Issued:Aug 9, 2024
- Rating Action:Confirmed
- Ratings:A (high)
- Trend:Stb
- Rating Recovery:
- Issued:US
- Date Issued:Aug 9, 2024
- Rating Action:Confirmed
- Ratings:A (low)
- Trend:Stb
- Rating Recovery:
- Issued:US
- US = Lead Analyst based in USA
- CA = Lead Analyst based in Canada
- EU = Lead Analyst based in EU
- UK = Lead Analyst based in UK
- E = EU endorsed
- U = UK endorsed
- Unsolicited Participating With Access
- Unsolicited Participating Without Access
- Unsolicited Non-participating
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Contacts
- John Mackerey
Senior Vice President, Sector Lead - North American Financial Institution Ratings
+(1) 212 806 3236
john.mackerey@morningstar.com - Michael McTamney, CFA
Senior Vice President - North American Financial Institution Ratings
+(1) 212 806 3249
michael.mctamney@morningstar.com
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