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

Operating Margin

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

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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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Cost of revenue

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Total liabilities & equity

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Book value per share

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Cash from investing

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Purchase/sale of investments

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Change in stock

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Free cash flow

Truist Financial (TFC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Earnings Season Could Be Great for Truist Financial (TFC)

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U.S. Bancorp

AT&T's plump dividend used to be like money in the bank. But now investors seeking income and safety might look elsewhere.

Nine 'Safer Than AT&T' Stocks Pay The Plumpest, Lead-Free Dividends

CHARLOTTE, N.C. , July 17, 2023 /PRNewswire/ -- Truist Bank (NYSE: TFC) today announced it will redeem all $500,000,000 principal amount outstanding of its 3.689% fixed-to-floating rate senior bank notes due Aug. 2, 2024 (CUSIP 86787EAY3) on the redemption date of Aug. 2, 2023.

Truist Bank announces redemption of senior bank notes due August 2024

Support from fee income, especially insurance income, is likely to have driven Truist's (TFC) Q2 earnings, while higher funding costs and waning loan demand are expected to have hurt NII.

Fee Income to Aid Truist's (TFC) Q2 Earnings, Lower NII to Ail

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The second-quarter earnings reporting season got off to a solid start on Friday, as Citigroup, JPMorgan, Wells Fargo and BlackRock all came in with results featuring better-than-expected revenues.

Top Financials Blew Out Q2 Earnings Last Friday: 6 Banks That Pay Huge Dividends May Do the Same This Week

Tractor Supply

This rural lifestyle retailer is expected to grow same-store sales meaningfully this year even as the consumer is pressured. One analyst thinks the stock could soar to $275.

1 Top Dividend Stock to Buy and Hold for Decades

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The stock market will likely fall 25-30% due to an almost certain recession next year. But there are ways to profit from this recession and the coming zombie bank apocalypse. Strong banks, such as PNC and Truist, are the most likely to buy out failed banks for pennies on the dollar, potentially boosting their earnings as much as 45% overnight.

5+% Yielding No-Brainer Blue-Chips That Could Triple

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The Dividend Harvesting Portfolio has performed well, generating a continuous stream of dividend income and maintaining a balance above its invested capital. The portfolio includes 87 positions across equities, ETFs, REITs, CEFs, and BDCs, with a focus on generating weekly income and mitigating downside risk. The author plans to continue adding to current positions and introducing new investments, with a goal of generating $1,300 in projected annual dividends and over $100 per month in dividend income by the end of 2023.

Dividend Harvesting Portfolio Week 123: $12,300 Allocated, $1053.16 In Projected Dividends

Truist has billions in unrealized bond losses. Banks face a tougher outlook in terms of earnings and regulation.

Why Shares of Truist Fell Nearly 30% in the First Half of 2023

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3 Beaten-Down Dividend Stocks That Look Like Bargains Right Now

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Earnings season for the largest U.S. banks will begin on Friday, July 14, when JPMorgan Chase & Co., Citigroup Inc. and Wells Fargo & Co. announce their second-quarter results. Rounding out the “big six” industry group, Bank of America Corp., Goldman Sachs Group Inc. and Morgan Stanley are all scheduled to report on July 18.

These 20 banks have had the largest cuts to earnings estimates

Rise in net interest income, efforts to strengthen fee income and strategic business restructuring initiatives bode well for Truist (TFC). However, rising operating expenses and deteriorating asset quality are major headwinds.

Truist's (TFC) Rates & Loan Demand Aid, Asset Quality Ails

Large banks, including JPM, C and MS, to lift dividends after sailing through the 2023 stress test. BAC didn't provide any updates.

Large Banks to Boost Dividends After Clearing Stress Test

Best Buy

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Despite rising interest rates and stubborn inflation, equities have shown resilience in 2023 with the SPDR S&P Trust ETF adding 6.48% in June and up 16.80% year-to-date. My top 10 list of high dividend yield stocks has generated an annualized rate of return of 13.19% since its inception in November 2020. The list from June posted a solid gain of 5.63%, beating VYM but not SPY.

My Top 10 High Yield Dividend Stocks For July 2023

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Stress testing is an exercise conducted by regulators to ensure the safety and soundness of the banking system. But it is also important for investors because it helps determine bank capital requirements.

Which Super-Regional Bank Performed the Best in the Fed's Stress Test?

Truist and U.S. Bancorp were among the weaker banks according to the 2023 Federal Reserve's stress test results, at least at first glance. The article discusses the parameters of the most severe scenario, evaluates the test results for Truist and U.S. Bancorp, and touches on the results for other banks (e.g., Deutsche, Capital One). I explain why the "severely adverse scenario" deserves its name and why investors should not dismiss the results as meaningless just because they do not include a nationwide bank run.

Truist Financial And U.S. Bancorp: Cause For Concern After The Stress Test?

CHARLOTTE, N.C. , June 30, 2023 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced the Federal Reserve Board has determined the Company's preliminary stress capital buffer ("SCB") requirement is 2.9%.

Truist announces planned dividend and stress capital buffer requirement following release of 2023 CCAR results

Wells Fargo

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Begun in the aftermath of the 2008 financial crisis, the Fed's annual stress test dictates how much capital the industry can return to shareholders.

Federal Reserve says 23 biggest banks weathered severe recession scenario in stress test

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“Value ranking looks at the price of a stock relative to intrinsic firm value. Graham Value Stocks match the criteria Benjamin Graham followed.“—YCharts Value Screener. Here are 64 July value large caps and Graham formula-derived results that reflect established value-stock detection-criteria. Of those, 51 met the dogcatcher-ideal of dividends from $1K invested exceeding single-share-stock-prices. Representing nine-of-eleven Morningstar Sectors, all 51 ideal value-picks pay regular-dividends. Broker-target-top-ten net-gains ranged 38.26%-104.37%, topped by SBSW & PDM, as-of 6/23/23.

51 Ideal July Value Buys From Ben Graham

J.P. Morgan analyst Vivek Juneja on Tuesday cut price targets on nine major U.S. banks due to his “cautious” view on the sector in the face of increased regulatory requirements, declining net interest income and higher expenses pressured by inflation. The comment came a day ahead of the Fed's stress tests results on bank capital.

‘Cautious' JPMorgan analyst cuts price targets on nine major banks

News for Truist Financial Stock (TFC)