Truist Financial Corporation (TFC) CEO Bill Rogers on Q1 2022 Results - Earnings Call Transcript

Truist Financial Corporation (NYSE:TFC) Q1 2022 Results Conference Call April 19, 2022 8:00 AM ET

Company Participants

Ankur Vyas - Head of Investor Relations

Bill Rogers - Chief Executive Officer

Daryl Bible - Chief Financial Officer

Clarke Starnes - Chief Risk Officer

Beau Cummins - Vice Chair

John Howard - Chief Insurance Officer

Conference Call Participants

Gerard Cassidy - RBC

Betsy Graseck - Morgan Stanley

Ken Usdin - Jefferies

John McDonald - Autonomous Research

Matt O'Connor - Deutsche Bank

Mike Mayo - Wells Fargo Securities

John Pancari - Evercore ISI

Ebrahim Poonawala - Bank of America

Erika Najarian - UBS

Operator

Greetings, ladies and gentlemen, and welcome to Truist Financial Corporation's First Quarter 2022 Earnings Conference Call. Currently, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. As a reminder, this event is being recorded.

It is now my pleasure to introduce your host, Mr. Ankur Vyas, Head of Investor Relations, Truist Financial Corporation.

Ankur Vyas

Thank you, Katie, and good morning, everyone. Welcome to Truist's first quarter 2022 earnings call. With us today are our Chairman and CEO, Bill Rogers; and our CFO, Daryl Bible.

During this morning's call, they will discuss Truist's forwarder results and share their perspectives on how we continue to activate Truist's purpose, our progress on the merger and current business conditions. Clarke Starnes, our Chief Risk Officer; Beau Cummins, our Vice Chair; and John Howard, our Chief Insurance Officer, are also in attendance and are available to participate in the Q&A portion of the call. The accompanying presentation as well as our earnings release and supplemental financial information are available on the Truist IR website, ir.truist.com.

Our presentation today will include forward-looking statements and certain non-GAAP financial measures. Please review the disclosures on Slide 2 and 3 of the presentation regarding these statements and measures as well as the appendix for the appropriate reconciliations to GAAP.

In addition, Truist is not responsible for and does not edit nor guarantee the accuracy of our earnings teleconference transcripts provided by third parties. The only authorized live and achieved webcasts are located on our website.

With that, I'll now turn the call over to Bill.

Bill Rogers

Thanks, Ankur, and good morning, everybody, and thank you for joining our call today. We delivered solid first quarter results, representing the diversity and flexibility of Truist in a more volatile market and business environment.