Revenue segments as reported by the company.

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

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

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Year over year growth in Revenue and Operating Expenses.

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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

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Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

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Earnings data Q1 2024

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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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An increase in operating expenses and a rise in provisions on a deteriorating operating outlook are major headwinds for Truist Financial (TFC).

Truist Financial (TFC) Hurt by Rising Provisions & High Expenses

In collaboration with MIT Solve, more than $1 million in grants and comprehensive support will be given to nonprofits utilizing innovative technology-based solutions to support small business owners CHARLOTTE, N.C. , May 8, 2023 /PRNewswire/ -- Truist Foundation announced the launch of its second Inspire Awards Challenge, featuring a pitch and a capacity-building grant program for nonprofit organizations that are aiding entrepreneurs from undercapitalized communities.

Truist Foundation announces second Inspire Awards Challenge to support nonprofits serving undercapitalized entrepreneurs

The banking crisis is doing a number on regional bank stocks, causing a sell-off of more than 30% since the start of this year. Truist Financial's stock price is among the victims, although its business remains in great shape.

Truist Financial's 7% Yield - A Table-Pounding Buy

Accenture Plc

Archer-Daniels-Midland Company

Automatic Data Processing

Ball Corp

Franklin Resources

British American Tobacco

Boston Properties

Cigna

Carlisle Companies

Coterra Energy

Chevron

EOG Resources

Enterprise Products Partners

Johnson & Johnson

Lennar

Lowe's

MPLX

Merck

Microsoft

Anglo American PLC

NIKE

NRG Energy

Pfizer

Rio Tinto plc Sponsored

This article is part of our monthly series where we highlight five companies that are large-cap, relatively safe, dividend-paying and are offering large discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks.

5 Conservative And Cheap Dividend Stocks To Invest In - May 2023

Citizens Financial Group

Fifth Third Bancorp

Huntington Bancshares

KeyCorp

M&T Bank

PNC Financial Services

Regions Financial

U.S. Bancorp

Higher interest rates and the banking crisis led to a rotation into higher-yielding assets and bank account products. This has driven up bank funding costs and hurt bank margins.

Which Super-Regional Bank Had the Best Deposit Base During the First Quarter?

Grant will help solve wealth, racial disparities among first-time truck owners BALTIMORE , May 5, 2023 /PRNewswire/ -- Truist Foundation  today announced a $1.5 million commitment to Accion Opportunity Fund, a certified nonprofit community development financial institution (CDFI), which offers responsible capital, coaching and networks to small businesses owned by people of color, women and/or low-to- moderate income entrepreneurs. With the grant funds, Accion Opportunity Fund will pilot a Down Payment Assistance Fund to help more Black and Latine individuals as well as women become first-time truck owners and entrepreneurs in Maryland and Georgia, part of its overall strategy to close gender and racial wealth gaps by investing in and supporting overlooked, underestimated entrepreneurs nationwide.

Accion Opportunity Fund receives $1.5 million grant from Truist Foundation to support women, Latine and Black truck drivers

Citigroup

Morgan Stanley

Banking stocks to watch in the stock market now.

3 Banking Stocks For Your May 2023 Watchlist

SPDR S&P Regional Banking ETF

New York Community Bancorp

PacWest Bancorp

Western Alliance Bancorporation

The regional bank sector pared gains in afternoon trading Wednesday, after the Federal Reserved raised its target range for overnight rates by 0.25 percentage points, as expected. The SPDR S&P Regional Banking exchange-traded fund KRE, +1.65% was up 1.7%, but had been up 2.7% just before the Fed's rate move.

Regional Bank stocks pulled back after the Fed's rate hike, but are still gaining ground

Truist's Small Business Pulse Survey indicates that while small business owners continue to navigate inflationary concerns, they are finding new ways to grow their business through investments in employees, technology, and sales practices CHARLOTTE, N.C. , May 3, 2023 /PRNewswire/ -- While small business owners continue to be concerned about inflation, they feel the future is bright and they are making smart investments in their companies, employees, and themselves, according to Truist's annual Small Business Pulse Survey  1.

More than half of business owners feel that business conditions have improved in the last year, despite economic uncertainty, according to a Truist survey

First Republic

Shares of a number of midsize lenders fell sharply Tuesday following the collapse of First Republic Bank, a sign that investors are still worried about the industry's health.

Regional Bank Stocks Plunge Ahead of Fed Meeting

UMB Financial

JPMorgan Chase's stocks have soared following its assumption of First Republic Bank deposits.

Citizens, PNC, UMB Stock Plummet After First Republic's Epic Failure—Here Are The Bank Stocks That Are Plunging

Canadian Imperial Bank of Commerce

Corning

Pioneer Natural Resources

State Street

Texas Instruments

Unilever

I present my top 10 High Yield dividend stocks that are poised to offer strong future returns. The annualized rate of return for this watchlist is 14.50% over the past 30 months.

My Top 10 High Yield Dividend Stocks For May 2023

Credit Suisse

Deutsche Bank

Jefferies Financial Group Inc

Raymond James

Stifel Financial

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GREENVILLE, S.C.--(BUSINESS WIRE)--Cary Street Partners is pleased to announce Eric J. Morris and Thomas B. Underwood, III have joined its wealth management team. Mr. Morris will be spearheading Cary Street Partners' expansion into Greenville, South Carolina, adding a 17th office and expanding its physical presence into a sixth state. Joining the Greenville office with Mr. Morris are Collin L. Castlebury, Associate Financial Advisor and Kimberly A. Smith, Client Service Associate. Mr. Underwood.

Cary Street Partners Adds Truist Financial Advisors

CHARLOTTE, N.C. , April 25, 2023 /PRNewswire/ -- The Board of Directors of Truist Financial Corporation (NYSE: TFC) declared a regular quarterly cash dividend of $0.52 per common share, payable on June 1, 2023, to shareholders of record at the close of business on May 12, 2023.

Truist Declares Common and Preferred Stock Dividends

The bank struggled on the bottom line due to higher funding costs. Deposit outflows and higher deposit costs could continue to be an issue this year.

Truist Had a Disappointing Quarter, but the Stock Is Still a Buy for This 1 Reason

Truist missed analysts' first-quarter earnings estimates, but had solid revenue and earnings gains. Several analysts cut their price targets on the bank's stock, but maintained outperform or equal-weight ratings on it.

Why Truist Financial Stock Fell on Friday

Truist Financial Corporation (TFC) Q1 2023 Earnings Call Transcript.

Truist Financial Corporation (TFC) Q1 2023 Earnings Call Transcript

Rising provision, a fall in deposit balance and a slight rise in expenses hurt Truist Financial (TFC) Q1 earnings amid higher revenues and a decent improvement in loan balance.

Truist Financial (TFC) Q1 Earnings Lag on Higher Provisions

While the top- and bottom-line numbers for Truist Financial Corporation (TFC) give a sense of how the business performed in the quarter ended March 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) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Truist Financial Corporation (TFC) came out with quarterly earnings of $1.09 per share, missing the Zacks Consensus Estimate of $1.13 per share. This compares to earnings of $1.23 per share a year ago.

Truist Financial Corporation (TFC) Q1 Earnings Miss Estimates

Truist Financial TFC, +2.78% , the Charlotte, N.C.-based regional lender, said its first-quarter net income rose to $1.41 billion, or $1.05 a share, from $1.33 billion, or 99 cents a share, as total revenue rose to $6.15 billion from $5.35 billion.

Truist Financial reports earnings growth that misses estimates

CHARLOTTE, N.C. , April 20, 2023 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today reported GAAP earnings of $1.4 billion, or $1.05 per share for the first quarter of 2023.

Truist reports first quarter 2023 results

Truist has always had a healthy dividend yield, but it has surged recently as bank stocks have declined. The entire banking sector has come under pressure after the recent banking crisis.

Why Is Truist Financial's Dividend So High?

Kroger

Bank earnings season has arrived, and there's a lot more questions than usual.

Bank earnings season is here. This popular value fund just bought Kroger and a regional lender.

News for Truist Financial Stock (TFC)