Truist Financial to Redeem $1.25B 2027 Notes on March 2, 2026

Truist Calls 2027 Notes in Strategic Capital Move

CHARLOTTE, Feb 18, 2026 — Truist Financial Corporation announces it will redeem in full the $1.25 billion principal amount of its fixed-to-floating rate senior notes due March 2, 2027, on the scheduled redemption date of March 2, 2026. The company says the redemption price equals 100% of the principal plus accrued and unpaid interest to, but excluding, the redemption date, and interest on the notes ceases to accrue on and after that date. Payment will be effected through the facilities of The Depository Trust Company (DTC).

Truist frames the action as part of ongoing balance sheet and capital management activities, exercising its call option to retire the referenced debt prior to scheduled maturity. Executing the call allows the bank to adjust its liabilities profile and manage funding costs and regulatory capital metrics as market and business conditions evolve. The move follows common industry practice of using callable features to optimize long-term funding strategies.

Holders are advised that accrued interest is calculated up to but not including the redemption date and that transfers and payments follow DTC procedures, which will effectuate distribution of funds to record holders. Truist suggests holders consult the company's filings and investor relations materials for details on tax treatment and accounting impacts, and to contact the investor relations team with questions.

Firm Profile and Strategic Scope

Headquartered in Charlotte, Truist is a purpose-driven financial services company offering a broad suite of wholesale and consumer products, including consumer and small business banking, commercial and corporate banking, investment banking and capital markets, wealth management, payments, and specialized lending. Truist is among the top-10 U.S. commercial banks with total assets of $548 billion as of Dec. 31, 2025, and operates under Truist Bank, Member FDIC and Equal Housing Lender designations.

Investor Procedures and Disclosure

The company releases the redemption notice as part of routine disclosure and directs investors to its public filings for further information on accounting treatment and potential tax considerations. Truist notes that the payment and transfer processes are governed by DTC protocols and that record holders will receive distributions accordingly; the investor relations office is available to provide clarifying information.