Truist Financial Corporation ( NYSE: TFC ) Morgan Stanley US Financials, Payments & CRE Conference Call June 11, 2024 1:45 PM ET Company Participants Mike Maguire - Chief Financial Officer Conference Call Participants Betsy Graseck - Morgan Stanley Betsy Graseck Okay. We're on now. All right.
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Okay, thank you very much. We are thrilled to have with us today Mike Maguire, Chief Financial Officer of Truist Financial. Thanks so much for joining us.
Mike Maguire Thank you so much for having us. Betsy Graseck Yeah, pleasure. Question-and-Answer Session Q - Betsy Graseck So, I did want to just kick-off first with a question on guidance.
Is there any change as we round the corner here into the end of Q2? Mike Maguire No. No updates for us. We -- as you know, we guided in April and then actually updated at least our NII outlook or added on in May for the completion of TIH and the bond repositioning, but all is on track.
Betsy Graseck Okay. And with that TIH sale closed May 7th, right? Mike Maguire That's right, yeah. Betsy Graseck That was on May 7th, you repositioned your balance sheet, you changed the composition of the securi.
