◆ Preferred Stock Research

ⓘ Guide

TFC-P-I NOW TRADING POST CALL DATE

TRUIST FINANCIAL CORP · Series I · Banks
Also quoted as: TFC-I, TFCprI, TFC.PRI, TFC-PI, TFCpI
$18.69
last price

About this security

TFC-P-I is a 5.25% non-cumulative perpetual preferred stock issued by TRUIST FINANCIAL CORP, a Banks issuer. $25 liquidation preference, current yield 6.40%, callable from 2025-06-01.

TRUIST FINANCIAL CORP: Truist Financial Corporation is a large-cap bank holding company headquartered in Charlotte, North Carolina, and one of the 10 largest commercial banks in the United States. Its primary subsidiary, Truist Bank — chartered in 1872 and the oldest bank headquartered in North Carolina — operates approximately 1,927 branches alongside a digital banking platform. The company serves consumers, businesses, and municipalities across two operating segments, offering products spanning retail and commercial banking, investment banking, capital markets, wealth management, payments, and specialized lending. Truist holds leading deposit market share across many of the higher-growth markets in the U.S. Southeast and Mid-Atlantic regions.

Issuer page — all TRUIST FINANCIAL CORP securities & profile →

Key Stats ✓ terms from SEC 424B5 — verify via link below

Series
I
Alt. Symbology
TFC-I, TFCprI, TFC.PRI, TFC-PI, TFCpI
Recent Market Price
$18.69
Current Yield
6.40%
Yield to Call
Yield to Worst
6.40%
Original Coupon
5.250%
Liq. Preference
$25.00
Disc/Prem to Par (→ screen)
Recent Ex-Date
2026-05-08
Annual Dividend
$1.1956
Pay Frequency
quarterly
Call Date
2025-06-01 ⚑ callable now
Maturity
Perpetual
Issued
2019-12-10
Cumulative
No
Redeemable
Yes
Convertible
No
Pay Dates
March 1, June 1, September 1, December 1
Shares Offered
20,000,000 +3,000,000 OA

vs. Banks category (73 issues): yield 6.40% vs avg 6.58% · discount -25.2% vs avg -18.4%

Quote

 TFC-P-I (preferred)TFC (common)
Last $18.69 $51.66
Change -0.14 (-0.74%)
Open$18.83$50.93
High / Low $18.94 / $18.69 $51.77 / $50.93
Prev Close$18.83
Volume17,6299,181,772
52-Week High / Low $23.35 / $18.46 $56.20 / $38.67

52-week range based on available history. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

TFC-P-I TFC (common)

Dividend History

Ex-DateAmount / Share
2026-05-08$0.282200
2026-02-13$0.285310
2025-11-14$0.305190
2025-08-08$0.322930
2025-05-09$0.321720
2025-02-14$0.325460
2024-11-08$0.362630
2024-08-09$0.387430
2024-05-09$0.391060
2024-02-08$0.390300
2023-11-09$0.391870
2023-08-10$0.388570

Performance

See what an investment would be worth today, dividends reinvested. Run the $10K calculator for TFC-P-I →

🔔 Get dividend & filing alerts for TFC-P-I →

Prospectus (SEC 424B5)

Truist Financial Corporation (formerly known as BB&T Corporation) is offering 20,000,000 depositary shares, each representing a 1/1,000th ownership interest in a share of Series O Non-Cumulative Perpetual Preferred Stock, $5.00 par value per share, with a liquidation preference of $25,000 per share (equivalent to $25 per depositary share) (the "Preferred Stock").

Use of proceeds: Net proceeds will be used for general corporate purposes, which may include redemption/purchase of preferred securities, acquisitions, common stock repurchases, repayment of maturing obligations, refinancing of indebtedness, and funding subsidiaries.

Full Prospectus (SEC filing) →

Other Securities from TRUIST FINANCIAL CORP

SymbolTypeCouponPriceYield
TFC-P-O preferred 5.250% 20.78 6.32%
TFC-P-R preferred 4.750% 18.25 6.51%

News — TRUIST FINANCIAL CORP

Issuer news via Tiingo, tagged to TFC.

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About this site

This site tracks preferred stocks and baby bonds — investments that pay regular, scheduled dividends. Every figure shown is drawn from companies' SEC filings and live market quotes.

What you're looking at

A preferred stock sits between a common stock and a bond. It usually trades near a $25 face value and pays a fixed dividend on a set schedule. Baby bonds are similar, but they are debt that matures on a stated date.

Key terms
Yield
Annual income as a percentage of the current price. A higher yield means more income, though it is worth understanding why a yield is unusually high.
Par
The face value, almost always $25. It is the price the company can redeem the share at.
Discount / Premium
Whether the share trades below par (a discount) or above it (a premium).
Call date
The first date the company is allowed to buy the share back from you at par.
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