Credit Ratings
Reviewed and refreshed February 23, 2024.
Truist Financial Corporation
| Rating | S&P | Moody’s | Fitch | DBRS Morningstar |
|---|---|---|---|---|
| Outlook / credit trend | Stable | Ratings Under Review | Stable | Stable |
| Issuer | A- / A-2 | A31 | A / F1 | AAL / R-1M |
| Senior unsecured | A- | A31 | A- | AAL |
| Subordinated | BBB+ | A3 | BBB+ | AH |
| Preferred stock | BBB- | Baa2 (hyb)1 | BBB- | AL |
Truist Bank
| Rating | S&P | Moody’s | Fitch | DBRS Morningstar |
|---|---|---|---|---|
| Outlook / credit trend | Stable | Ratings Under Review | Stable | Stable |
| Issuer | A / A-1 | A21 | A / F1 | AA / R-1H |
| Deposits | no rating | Aa31 / P-11 | A+ / F1+ | AA |
| Senior unsecured | A | A21 | A | AA |
| Subordinated | A- | (P) A2 | A- | AAL |
1 The long-term rating within this class was placed on review on 2/20/24. The short-term bank deposit and short-term counterparty risk assessment ratings were affirmed.