Revenue segments as reported by the company.

Net Interest Income

Noninterest Income

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Provision for credit losses

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Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Truist Financial

Truist Financial Corp. is a financial holding company, which engages in the provision of banking services to individuals, businesses, and municipalities. It operates through the following segments: Consumer Banking and Wealth, Corporate and Commercial Banking, Insurance Holdings, and Other, Treasury & Corporate. The Consumer Banking and Wealth segment consists of Retail Community Banking, National Consumer Finance, Services, Payments, Wealth Management and Banking Products and Professional Services and Mortgage Banking. The Corporate and Commercial Banking segment consists of Corporate and Investment Banking, Commercial Community Banking and Commercial Real Estate. The Insurance Holdings segment provides property and casualty, employee benefits and life insurance to businesses and individuals and also provides small business and corporate services, such as workers compensation and professional liability, as well as surety coverage and title insurance. It offers a variety of loans and lease financing to individuals and entities, including insurance premium financing, permanent commercial real estate financing arrangements, loan servicing for third-party investors, direct consumer finance loans to individuals, credit card lending, automobile financing, and equipment financing. It also markets a range of other services, including deposits, life insurance, property, and casualty insurance. The company was founded on December 6, 2019, and is headquartered in Charlotte, NC.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Truist Financial reports strong Q4 earnings and optimistic 2023 guidance

Truist Financial's Q4 2022 performance was strong, marked by earnings growth, robust net interest income, and achievement of key milestones. The company provided optimistic guidance for 2023 despite economic uncertainties.
While facing challenges in managing expenses and potential economic impacts, Truist remains focused on leveraging opportunities in revenue synergies, digital enhancements, and strategic growth areas.
Overall, Truist's emphasis on financial strength, digital innovation, and strategic priorities positions them well for future growth and value creation, supported by a strong capital position and commitment to sustainable development.

Truist Financial posts robust Q1 earnings, eyes growth opportunities

Truist Financial reported strong Q1 2023 earnings with notable growth in adjusted PPNR and a focus on digital investments. Despite challenges from funding costs and NIM decrease, the company remains committed to core strengths and through-the-cycle lending. Opportunities for growth and efficiency enhancements through brand consolidation and capital build mode are key focus areas.

Truist Financial reports Q2 earnings decline, focuses on efficiency

Truist Financial navigated challenges of decreased EPS with a focus on managing costs and enhancing digital engagement. The company showcased strong capital position and active credit portfolio management.
While facing revenue decline and increased expenses, Truist is optimistic about post-integration potential and aims for continuous efficiency improvements. The company remains vigilant about economic conditions and is prepared to address credit challenges.
With a strategic focus on operational efficiency and structural changes, Truist aims to achieve top quartile efficiency ratio and organic growth in CET1 ratio. Pricing flexibility and continuous improvement efforts present opportunities for the company's growth.

Truist Financial meets Q3 earnings, focuses on efficiency and digital growth

Truist Financial's Q3 performance showcased resilience in meeting earnings guidance amidst challenges.
Efforts to reduce expenses and optimize the balance sheet position the company for improved profitability.
Anticipated pressures on NIM and revenue present challenges, but cost-saving initiatives and digital growth offer opportunities.
Maintaining strong asset quality metrics and focusing on client relationships are key strengths for Truist Financial.

Truist Financial reports solid Q4 earnings, focuses on efficiency

Truist Financial's Q4 2023 performance showcased solid adjusted net income, improved asset quality metrics, and strategic guidance for 2024 amidst challenges in core efficiency and revenue generation.
The company's strengths lie in its commitment to community impact, efficiency improvement initiatives, diversified revenue streams in investment banking, and focus on profitability optimization.
Challenges include operational efficiency targets, revenue generation pressures, declining net interest income, and strategic decisions regarding the insurance business.
Opportunities for Truist include expanding community impact initiatives, realizing cost savings through efficiency improvements, managing credit quality, and driving sustainable growth through capital optimization.

Truist Financial reports solid Q1 earnings amidst revenue challenges

Truist Financial's Q1 performance was driven by strong investment banking revenue and digital growth, despite revenue challenges ahead.
The company's strengths lie in its capital position, purpose-driven initiatives, and confidence in core banking and investment performance.
While facing revenue declines and NII challenges, Truist sees opportunities in capital deployment, NII improvement, and purpose-driven growth.

Truist Financial posts strong Q3 earnings, eyes digital growth

Truist Financial delivered solid financial performance in Q3 2024, driven by revenue growth and disciplined expense management.
While facing revenue challenges in the near term, Truist's strong capital position and digital focus position it well for future opportunities.
The company's commitment to community support, innovation, and financial stability underpins its resilience and growth potential.

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Free cash flow

Bank of New York Mellon

Cullen/Frost Bankers

Northern Trust

State Street

U.S. Bancorp

Associated Banc-Corp

BOK Financial

Commerce Bancshares

Fulton Financial

M&T Bank

Old National Bancorp

Prosperity Bancshares

Pinnacle Financial Partners

Webster Financial

Ratings agency Moody's cut the credit ratings of several small and midsized banks late Monday and warned other big lenders, citing profitability challenges and funding risks.

Moody's Downgrades Credit Ratings For 10 Banks, Puts Six Others On Notice

M&T, U.S. Bancorp, Truist and others are down sharply as concerns about the health of the sector were renewed.

Bank Stocks Slide After Moody's Downgrade

Moody's downgraded several small and mid-sized banks and put six major Wall Street lenders on negative watch amid concerns over higher interest rates.

Moody's downgrades US banks, warns of possible cuts to major lenders

Citizens Financial Group

Capital One

Fifth Third Bancorp

SPDR S&P Regional Banking ETF

Bank stocks fell after Moody's downgraded credit ratings for several regional lenders, and marked large banks for review as profit issues arise.

Moody's Raises Profit Questions On U.S. Regional Banks

Banks including M&T Bank (MTB), Associated Banc-Corp (ASB), U.S. Bancorp (USB), Truist (TFC) and Capital One (COF) are among the names on Moody???s list for ratings cut, lower outlook and potential downgrades.

U.S. Banks' Ratings Cut by Moody's on Funding Costs, CRE Lending

PNC Financial Services

Shares of the 15 largest American banks each fell 2% or more after Moody's issued a chilly update on the closely-watched sector.

Banks' Near $50 Billion Stock Losses Set Up Market For Among Worst Days Of 2023

Ally Financial

Regions Financial

Simmons First National Corporation

Ratings agency Moody's on Monday downgraded several mid-sized U.S. banks, warning that the credit strength of lenders will likely be tested by funding risks and weaker profits.

Factbox: Major US banks downgraded by Moody's on worsening outlook

Moody's on Monday cut the credit ratings of a host of small and mid-sized U.S. banks and placed several Wall Street big names on negative review.

Moody's cuts ratings of 10 U.S. banks and puts some big names on downgrade watch

Moody's Investors Services may downgrade its credit ratings on six major U.S. banks, including U.S. Bancorp, State Street Corp., and Bank of New York Mellon Corp., and has downgraded its debt ratings on several small and mid-sized banks as part of the credit ratings agency's rash of rating actions on U.S. banks late Monday.

Moody's places credit ratings of 6 major U.S. banks on review for downgrade

Ratings agency Moody's downgraded the credit ratings of several U.S. banks on Monday and warned it was reviewing the status of some of the nation's biggest lenders.

Moody's downgrades 10 US banks, warns of possible cuts to others

Bank of America

Citigroup

Comerica

First Horizon National

Goldman Sachs

Huntington Bancshares

JPMorgan Chase & Co

KeyCorp

Morgan Stanley

New York Community Bancorp

Western Alliance Bancorporation

Wells Fargo

Zions Bancorp

Bank fundamentals were challenged but results were better than worst-case fears as higher interest rates boosted bank loan yields, Jefferies analyst Ken Usdin said Thursday in the firm's summary of second-quarter profits for the 36 large and mid-sized banks in its coverage universe.

JPMorgan, Goldman and Morgan Stanley win praise in Jefferies Q2 bank earnings wrap

Best Buy

Bank of Montreal

Pioneer Natural Resources

SPDR S&P 500 ETF Trust

Texas Instruments

Vanguard High Dividend Yield ETF

Verizon

The strong equity market continued in July, with impressive gains for the SPDR S&P Trust ETF, Vanguard's High Dividend Yield ETF, and my watchlist. My top 10 list of high dividend yield stocks has generated an annualized rate of return of 15.22% since its inception in November 2020. The list from July posted a solid gain of 6.11%, outpacing both VYM and SPY.

My Top 10 High Yield Dividend Stocks For August 2023

New round of capital will help scale digital ordering and payment product suite for restaurants, hotels, bars and event venues ARLINGTON, Va. , Aug. 1, 2023 /PRNewswire/ --  GoTab , a leading hospitality commerce platform, today announced that it has closed on its $18 million Series A funding round.

GoTab Closes $18 Million Series A Led by Truist Ventures

Coterra Energy

Devon Energy

Lincoln National

Altria

PG&E

AT&T

V.F.

It's possible to score 5% yields on CDs. So to even consider dividend paying S&P 500 stocks the yield had better be impressive.

Only 11 Stocks' Dividends Are Impressive Now That CDs Yield 5.4%

Urban Strategies Inc. will launch a small business loan fund, the USI CDFI, that supports new and growing locally owned businesses in three new cities NORFOLK, Va. , July 25, 2023 /PRNewswire/ -- Today, Truist Foundation announced a $1.5 million grant to Urban Strategies Inc. (USI), a national nonprofit that focuses on the design and implementation of human capital development strategies in communities undergoing physical revitalization across the U.S. USI will use the funding to support its community development financial institution (CDFI) in establishing a bridge to capital and wealth creation for women- and Black-, Latine- and Indigenous-owned small businesses in Norfolk, Baltimore, Maryland, and Ft.

Truist Foundation grants $1.5M to Urban Strategies Inc. to assist small businesses supporting community revitalization

Truist Financial's stock price has fallen by 32% over the past year, presenting a potential opportunity for value investors with a long-term view. Despite a drop in net interest income and EPS, Truist Financial's total revenue has remained strong, and the company has seen increased digital engagement from customers. The company is working to reduce expenses and increase efficiency, and maintains a strong credit rating and attractive dividend yield.

Truist Financial: A Historically Attractive +6% Yield

Regional bank stocks largely rallied early Thursday as quarterly results roll in. Zions beat forecasts, Truist delivered a rare sector miss.

Bank Stocks: Regional Banks Mixed As Reports Roll In; Truist Delivers Rare Sector Miss

Truist Financial: Risky High-Yielder

Investors should not put Truist in the same boat as other regional banks that collapsed this year. Investors are disappointed that the company hasn't achieved cost-savings and profit goals after the merger of BB&T and SunTrust.

Truist Financial: A New Bank for a New Era

Not every banking name is coming out of Q1's liquidity worry and the headwind of higher interest rates as cleanly as its competitors. A handful of regional banks, in fact, have done very well at keeping current and future loan losses in check.

Why Regional Bank Stocks KeyCorp and Zions Rallied After Earnings Today, but Truist Tumbled

Truist Financial Corporation (NYSE:TFC ) Q2 2023 Earnings Conference Call July 20, 2023 8:00 AM ET Company Participants Brad Milsaps - Head of Investor Relations Bill Rogers - Chairman and Chief Executive Officer Mike Maguire - Chief Financial Officer Clarke Starnes - Vice Chair and Chief Risk Officer Conference Call Participants Ken Usdin - Jefferies Ebrahim Poonawala - Bank of America Erika Najarian - UBS Betsy Graseck - Morgan Stanley Mike Mayo - Wells Fargo Securities John McDonald - Autonomous Research John Pancari - Evercore ISI Gerard Cassidy - RBC Matthew O'Connor - Deutsche Bank Operator Greetings, ladies and gentlemen, and welcome to the Truist Financial Corporation's Second Quarter Earnings Call. Currently, all participants are in a listen-only mode.

Truist Financial Corporation (TFC) Q2 2023 Earnings Call Transcript

While the top- and bottom-line numbers for Truist Financial Corporation (TFC) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Truist Financial Corporation (TFC) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

A jump in provisions, increase in funding costs and higher expenses hurt Truist's (TFC) Q2 earnings, despite revenue growth.

Truist (TFC) Q2 Earnings Miss Estimates as Provisions Surge

Truist Financial Corporation (TFC) came out with quarterly earnings of $0.95 per share, missing the Zacks Consensus Estimate of $0.98 per share. This compares to earnings of $1.20 per share a year ago.

Truist Financial Corporation (TFC) Q2 Earnings and Revenues Lag Estimates

CHARLOTTE, N.C. , July 20, 2023 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) reported its second quarter 2023 results today.

Truist reports second quarter 2023 results

News for Truist Financial Stock (TFC)