News Releases

Truist increases prime rate to 8.50%

CHARLOTTE, N.C., (July 26, 2023) – Truist Financial Corporation (NYSE: TFC) announced an increase in its prime lending rate to 8.50% from 8.25%, effective tomorrow, July 27, 2023.

About Truist

Truist Financial Corporation is a purpose-driven financial services company committed to inspiring and building better lives and communities. Truist has leading market share in many high-growth markets in the country and offers a wide range of products and services through our retail and small business banking, commercial banking, corporate and investment banking, insurance, wealth management, and specialized lending businesses. Headquartered in Charlotte, North Carolina, Truist is a top 10 U.S. commercial bank with total assets of $555 billion as of June 30, 2023. Truist Bank, Member FDIC. Learn more at Truist.com.

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For further information: Investors: Brad Milsaps 770-352-5347 | investors@truist.com Media: Shelley Miller 704-692-1518 | media@truist.com

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