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      "text": "Slide 8: As of 9/30/22\nSlide 9: Source: Sustainalytics and Bloomberg as of 11/22/22\nSlide 11: Source: S&P Global as of 11/18/22; Note: Demographic data as of 11/18/22, deposit data as of 6/30/22, pro forma for completed and announced M&A through 11/18/22. Projected population growth reflects '22E – '27E projected growth, deposit weighted by county. Deposit market share weighted by county and weighted average rank are adjusted to exclude branches with greater than $20B deposits.\nSlide 12: Source: S&P Global and company reports; PPNR volatility calculated as the standard deviation of quarterly adjusted PPNR / RWA. PPNR adjusted for one-time and merger-related items.\nSlide 14: Source: Company financials and Dealogic. 2006 investment banking income for Truist estimated based on Dealogic data.\nSlide 17: Source: App Reviews – Appbot and represent combined Android and iOS ratings at a point-in-time\nSlide 19: Subprime determined based on FICO and internal scoring attributes; Leveraged lending generally defined as financing transactions resulting in higher leverage relative to historical trends or industry standards; Prior to 2020, TFC results are equal to the average of hBBT and hSTI; results for 2019 are excluded as Truist's heritage institutions did not participate\nSlide 20: Source: Goldman Sachs Equity Research (floating loan mix); Source: Call report as of 6/30/22 (% of deposits < $250K); Source: Public LCR disclosures as of 6/30/22; peers include BAC, C, JPM, PNC, USB, and WFC (% of deposits classified as Retail - LCR); Source: Bloomberg (S&P Debt Ratings) as of 11/15/22; TFC core NIM and NII exclude PAA\nSlide 21: Source: S&P Global and company reports; Adjusted ratios are non-GAAP measures and exclude merger-related expenses and one-time adjustments; see non-GAAP reconciliations in the appendix\nSlide 24: Source: S&P Global and company reports; Adjusted ratios are non-GAAP measures and exclude merger-related expense and one-time adjustments; peer median expense CAGR excludes PNC due to the impact of acquisitions; see non-GAAP reconciliations in the appendix",
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      "text": "TFC peers consist of BAC, CFG, FITB, JPM, KEY, MTB, PNC, RF, USB, and WFC (unless otherwise noted).",
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