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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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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.

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

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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

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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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Truist Financial Corporation (TFC) reported earnings 30 days ago. What's next for the stock?

Truist Financial Corporation (TFC) Up 6.6% Since Last Earnings Report: Can It Continue?

Funding will support programming across Fairfax and Prince George's counties CHARLOTTE, N.C. , Aug. 18, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC), together with Truist Foundation and Truist Charitable Fund, today announced a $1.45 million commitment to Junior Achievement of Greater Washington (JAGW).

Truist commits $1.45 million to Junior Achievement of Greater Washington in support of financial literacy

CHARLOTTE, N.C. , Aug. 17, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced plans to host conference calls to review quarterly financial results on the following dates and times: Fourth quarter 2022 – Thursday, Jan. 19, 2023 at 8 a.m.

Truist announces fourth-quarter 2022 and quarterly 2023 earnings conference call dates

Truist Financial's (TFC) subsidiary, Truist Insurance Holdings, agrees to acquire BenefitMall from funds managed by Carlyle.

Truist Financial (TFC) Agrees to Buy BenefitMall From Carlyle

CHARLOTTE, N.C. , Aug. 8, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) has learned that TRC Capital Investment Corporation (TRC), a private Canadian investment company, has made an unsolicited "mini-tender" offer, dated July 25, 2022, to purchase up to two million shares of Truist common stock.

Truist recommends shareholders reject mini-tender offer from TRC Capital Investment Corporation

Carlyle Group

CHARLOTTE, N.C. , Aug. 8, 2022 /PRNewswire/ -- Truist Insurance Holdings, Inc., a subsidiary of Truist Financial Corporation (NYSE: TFC) and the sixth-largest insurance brokerage in the U.S., announced today that it has signed a definitive agreement to acquire BenefitMall, the nation's largest benefits wholesale general agency, from funds managed by global investment firm Carlyle (NASDAQ: CG).

Truist Insurance Holdings enhances client offerings with acquisition of BenefitMall from Carlyle

Ward will be responsible for treasury solutions, merchant services and commercial card solutions CHARLOTTE, N.C. , Aug. 1, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced J.

Truist hires Chris Ward as head of Wholesale Payments

Cintas Corp

MSCI

Matador Resources

Wells Fargo

Of late, Wells Fargo (WFC), Matador Resources (MTDR), Cintas (CTAS), Truist Financial (TFC) and MSCI (MSCI) have increased their dividend payments.

5 Stocks That Just Increased Their Dividends

CHARLOTTE, N.C. , July 27, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) announced an increase in its prime lending rate to 5.50 percent from 4.75 percent, effective tomorrow, July 28, 2022.

Truist increases prime rate to 5.50 percent

Ongoing rural initiatives a critical component of Truist's $60 billion Community Benefits Plan CHARLOTTE, N.C. , July 27, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today shared key progress updates for its long-term rural development strategy.

Truist continues to deliver on rural investment, lending and services commitments

Industry veteran tapped to lead bank-wide strategic inclusion and diversity initiatives CHARLOTTE, N.C. , July 25, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that Dominica Groom Williams will join the company as head of diversity, equity and inclusion (DEI), effective today.

Truist names Dominica Groom Williams head of DEI

Bank of America

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Marvell Technology

TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Marvell and Bank of America.

These stocks are best for the long term, top Wall Street analysts say

Rise in average loan balance, higher interest rates and increase in insurance income support Truist Financial's (TFC) Q2 earnings.

Truist (TFC) Q2 Earnings Beat Estimates as Loans & Rates Rise

Truist Financial Corporation (NYSE:TFC ) Q2 2022 Earnings Conference Call July 19, 2022 8:00 AM ET Company Participants Ankur Vyas - Head of Investor Relations Bill Rogers - Chief Executive Officer Daryl Bible - Chief Financial Officer Clarke Starnes - Chief Risk Officer Beau Cummins - Vice Chair Conference Call Participants Betsy Graseck - Morgan Stanley Ken Usdin - Jefferies Gerard Cassidy - RBC Matt O'Connor - Deutsche Bank Mike Mayo - Wells Fargo Securities Erika Najarian - UBS John Pancari - Evercore ISI Operator Greetings, ladies and gentlemen, and welcome to the Truist Financial Corporation's Second Quarter 2022 Earnings Conference Call. Currently, all participants are in a listen-only mode.

Truist Financial Corporation (TFC) CEO Bill Rogers on Q2 2022 Results - Earnings Call Transcript

Truist Financial Corporation (TFC) delivered earnings and revenue surprises of 2.56% and 0.32%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

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

Second quarter 2022 GAAP earnings of $1.5 billion, or $1.09 per diluted share Second quarter 2022 Adjusted earnings of $1.6 billion, or $1.20 per diluted share Results reflect strong loan growth and expanded NIM given higher rates and strong deposit franchise Fee revenues include record insurance and card and payment related fees, tempered by market volatility Capital, liquidity, and credit quality remain strengths CHARLOTTE, N.C. , July 19, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today reported earnings for the second quarter of 2022.

Truist reports second quarter 2022 results

Truist Financial on Monday (July 18) rolled out two accessible account options that will extend banking services to new customers while avoiding overdraft fees, a press release said. Called Truist One Banking, the two new accounts will help clients “build a stronger financial future,” according to the company.

Truist Debuts Digital Consumer Accounts With No Overdraft Fees

We examine TFC's dividend qualities, particularly in light of the recent stress test results. We touch upon some of the key narratives ahead of the Q2 results which are due to be announced on the 18th.

Is Truist Financial Stock A Buy After Dividend Hike Announcement?

Purpose-driven approach addresses clients' biggest challenges and creates more pathways to financial inclusion CHARLOTTE, N.C. , July 18, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced the launch of Truist One Banking—two new accounts that empower clients to take more control of their banking needs and avoid overdraft fees.

Truist launches new accounts with no overdraft fees

Higher interest rates support NII, which along with a rise in loan demand and decent fee income growth, are expected to have supported Truist Financial's (TFC) Q2 earnings.

NII, Loans, Fee Income to Aid Truist Financial (TFC) Q2 Earnings

Halliburton

Johnson & Johnson

Lockheed Martin

The three major U.S. equity indexes closed mixed on Thursday. The Dow Jones industrials lost 0.5%, the S&P 500 dropped 0.3% and the Nasdaq added 0.03%.

Earnings Previews: Halliburton, IBM, Johnson & Johnson, Lockheed Martin, Truist

Grant provides wraparound support services for local women entrepreneurs through tools, training, mentorships and results-driven curriculum NASHVILLE, Tenn. , July 14, 2022 /PRNewswire/ -- Truist Foundation today announced a $1.25 million commitment to the Nashville Business Incubation Center (NBIC), a nonprofit focused on cultivating the growth and development of local women-, racially and ethnically diverse-, and veteran-owned small businesses.

Truist Foundation announces $1.25 million grant to Nashville Business Incubation Center

Citizens Financial Group

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Synchrony Financial

Five large-cap companies will report second-quarter 2022 earnings results next week. These are: SYF, JNJ, JBHT, TFC and CFG.

5 Large-Cap Stocks Likely to Gain on Q2 Earnings Next Week

Truist Financial Corporation (TFC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Truist Financial Corporation (TFC) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release

Truist Financial Corporation (TFC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

News for Truist Financial Stock (TFC)