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

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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Cost of revenue

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Book value per share

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Change in working capital

Cash from investing

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Purchase/sale of investments

Purchase/sale of business

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Free cash flow

Dominion Energy

Realty Income Corp

Fed Chair Jerome Powell hinted that a rate cut could arrive in September. Lower interest rates are likely to encourage bond investors to move back into dividend stocks.

Interest Rate Cuts Are Coming: 3 No-Brainer Dividend Stocks to Buy Now

Funds will help provide immediate relief, support long-term recovery efforts CHARLOTTE, N.C., Aug. 4, 2024 /PRNewswire/ -- As Tropical Storm Debby approaches the Florida coast, Truist Foundation today announced it will donate $100,000 to support relief and recovery efforts in impacted communities across the Southeast.

Truist Foundation supports Southeastern communities impacted by Tropical Storm Debby with $100,000 grant

PNC Financial Services

Investors with an interest in Banks - Major Regional stocks have likely encountered both Truist Financial Corporation (TFC) and The PNC Financial Services Group, Inc (PNC). But which of these two stocks is more attractive to value investors?

TFC or PNC: Which Is the Better Value Stock Right Now?

AUSTIN, Texas , July 29, 2024 /PRNewswire/ -- AppBrilliance, a pioneer in real-time payment solutions with its cutting-edge Money API™ platform, is leveraging a recent rule change by The Clearing House to expand use-cases for Real Time Payments (RTP) to closed-loop digital wallets in the US. AppBrilliance is leveraging a rule change by The Clearing House to bring Real-Time Payments (RTP) to closed-loop wallets.

AppBrilliance Brings Real-Time Frictionless Payments to Closed Loop Digital Wallets With RTP & FedNow

Truist Financial (TFC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Truist Financial (TFC) Upgraded to Buy: What Does It Mean for the Stock?

Does Truist Financial Corporation (TFC) have what it takes to be a top stock pick for momentum investors? Let's find out.

Truist Financial Corporation (TFC) is a Great Momentum Stock: Should You Buy?

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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

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Truist Financial Corporation TFC posted better-than-expected quarterly earnings on Monday.

These Analysts Increase Their Forecasts On Truist Financial Following Upbeat Earnings

Truist Financial (TFC) on Monday posted second-quarter profit that fell by a third from last year, but its stock rose as adjusted earnings per share (EPS) beat analysts' expectations.

Truist Financial Stock Rises Despite Declining Profit

Truist Financial Corporation (NYSE:TFC ) Q2 2024 Earnings Conference Call July 22, 2024 8:00 PM ET Company Participants Brad Milsaps - Investor Relations William Rogers - Chairman and Chief Executive Officer Mike Maguire - Chief Financial Officer Clarke Starnes - Vice Chair and Chief Risk Officer Conference Call Participants Ryan Nash - Goldman Sachs Ken Usdin - Jefferies Scott Siefers - Piper Sandler Erika Najarian - UBS Betsy Graseck - Morgan Stanley John Pancari - Evercore ISI Mike Mayo - Wells Fargo Securities Ebrahim Poonawala - Bank of America Matt O'Connor - Deutsche Bank Operator Greetings, ladies and gentlemen, and welcome to the Truist Financial Corporation Second Quarter 2024 Earnings Conference Call. Currently, all participants are in a listen-only mode.

Truist Financial Corporation (TFC) Q2 2024 Earnings Call Transcript

Although the revenue and EPS for Truist Financial (TFC) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Truist Financial (TFC) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

A rise in fee income, lower adjusted expenses and a decline in provisions support Truist's (TFC) Q2 earnings amid weakness in NII.

Truist (TFC) Q2 Earnings Top on Higher Fee Income, Costs Dip

Truist Financial Corporation (TFC) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.95 per share a year ago.

Truist Financial Corporation (TFC) Beats Q2 Earnings and Revenue Estimates

CHARLOTTE, N.C. , July 22, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) reported its second quarter 2024 results today.

Truist reports second quarter 2024 results

A rise in fee income, driven by solid IB and wealth management businesses, is likely to have supported Truist's (TFC) Q2 earnings amid weakness in NII and elevated provisions.

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

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Truist Financial (TFC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Truist Financial Corporation (TFC) to Report a Decline in Earnings: What to Look Out for

Truist's (TFC) board of directors has approved a share repurchase authorization worth $5 billion through 2026, following the clearance of the 2024 stress test.

Truist (TFC) Declares SCB, Rewards Shareholders With Buyback Plan

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With another round of Federal Reserve stress tests in the books, many large U.S. banks have already announced dividend increases. Analysts at Jefferies compiled the data in a report sent to clients early Monday.

This is how much the largest 20 U.S. banks raised dividends after stress tests

CHARLOTTE, N.C. , June 28, 2024 /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 capital distributions and stress capital buffer requirement following release of 2024 CCAR results

Truist (TFC) is well-positioned for top-line improvement, supported by higher interest rates and decent loan growth. Yet, elevated costs might hurt profits.

High Rates, Restructuring Aid Truist (TFC) Amid Cost Woes

The Federal Reserve said Wednesday that the biggest banks operating in the U.S. would be able to withstand a severe recession scenario. Each of the 31 banks in this year's regulatory exercise cleared the hurdle of being able to absorb losses while maintaining more than the minimum required capital levels, the Fed said in a statement.

Federal Reserve says all 31 banks in annual stress test withstood a severe hypothetical downturn

Truist Financial Corp. saw its stock price plummet following the 2023 banking crisis. Post-merger challenges and high interest rates have weighed on Truist's profitability and investor confidence. Truist's Held-to-Maturity (HTM) portfolio poses a potentially significant liquidity risk, with losses of over 19%.

Truist Financial: Patience Is Bitter, But Its Fruit Is Sweet

Jobs for the Future will work to build inclusive career on-ramps in IT and bridge gaps in U.S. workforce and education systems. BOSTON , June 26, 2024 /PRNewswire/ -- Today, Jobs for the Future (JFF), a national nonprofit that drives transformation of the U.S. education and workforce systems, announced its partnership with Truist Foundation to improve economic mobility and advancement opportunities for learners and workers across three Southern states, Ohio, and Pennsylvania.

Jobs for the Future Partners with Truist Foundation to Accelerate Economic Mobility in Several Regions Across the United States

CHARLOTTE, N.C. , June 20, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) will report second-quarter 2024 financial results before the market opens on Monday, July 22, 2024.

News for Truist Financial Stock (TFC)