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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

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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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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

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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

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

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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.

Can Truist Financial Corporation (TFC) Keep the Earnings Surprise Streak Alive?

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Following the long holiday weekend, major indexes received some reprieve in the week ending July 8, 2022, especially towards the tail end of the week. The release of the Federal Reserve's minutes and an inversion of the yield curve did little to sway markets significantly higher or lower. Nevertheless, volatility remained omnipresent.

5 Laggards For The Week Ending July 8, 2022

Truist Financial Corp said Wednesday it will raise its U.S. minimum wage to $22 an hour, effective Oct. 1. The financial services company's previous minimum hourly wage was $15 to $18, based on geography.

Truist to boost minimum wage to $22 an hour

New hourly wage among highest in industry to attract and retain top talent CHARLOTTE, N.C. , July 6, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced it will boost its minimum U.S. hourly pay rate to $22 effective Oct. 1 of this year.

Truist boosts minimum wage to $22

Bank stress test results were generally positive, allowing many financial firms to increase dividends. Truist Financial is a large regional bank with exposure to growing areas of the Mid-Atlantic and Southeast.

Truist Financial: Favorable Demographic Exposure With A Bullish Near-Term Setup

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CHARLOTTE, N.C. , June 27, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today released the results of its annual company-run stress test, conducted in accordance with the regulations of the Board of Governors of the Federal Reserve System ("Federal Reserve") and the Federal Deposit Insurance Corporation, under the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Truist announces planned dividend increase following release of 2022 CCAR results

Truist's partnerships aim to improve access to capital and technical assistance for small business owners with a focus on Black, Latinx and historically underserved communities CHARLOTTE, N.C. , June 27, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC), together with Truist Foundation and Truist Charitable Fund, today announced a $120 million commitment to strengthen and support small businesses, focusing on Black, Latinx and women-owned businesses.

Truist announces $120 million commitment to strengthening small businesses

Will house new emerging technologies program with founding partners AWS, Verizon and Unqork CHARLOTTE, N.C. , June 21, 2022 /PRNewswire/ -- Truist Financial Corporation  (NYSE: TFC) today announced the grand opening of its Innovation and Technology Center, a space designed to reimagine the client experience for the more than 6 million interactions that take place daily at Truist.

Truist debuts new client-centered Innovation and Technology Center in Charlotte

CHARLOTTE, N.C. , June 15, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) announced an increase in its prime lending rate to 4.75 percent from 4.00 percent, effective tomorrow, June 16, 2022.

Truist Increases Prime Rate to 4.75 Percent

CHARLOTTE, N.C. , June 14, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) will report second-quarter 2022 financial results before the market opens on Tuesday, July 19, 2022.

Truist announces second-quarter 2022 earnings call details

Affluent, high and ultra-high net worth individuals, families and business owners to benefit from Truist's planning-centric service model CHARLOTTE, N.C. and CHICAGO , June 13, 2022 /PRNewswire/ -- Truist Wealth today announced its entry into Chicago with a 10-person team of wealth management professionals.

News for Truist Financial Stock (TFC)