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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

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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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CHARLOTTE, N.C. , April 23, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) announced today that Laurence Stein, 56, has been newly elected to the Truist Board of Directors.

Truist shareholders elect Laurence Stein to board of directors

Shares of Truist Financial (TFC) advanced Monday as the financial services provider posted a quarterly profit beat, but warned about revenue the rest of the year.

Truist Posts Q1 Profit Beat But Warns on Full-Year Revenue

Truist Financial Corporation (NYSE:TFC ) Q1 2024 Earnings Conference Call April 22, 2024 8:00 AM ET Company Participants Brad Milsaps - Investor Relations Bill Rogers - Chairman and Chief Executive Officer Mike Maguire - Chief Financial Officer Clarke Starnes - Vice Chair and Chief Risk Officer Conference Call Participants John McDonald - Autonomous Research Betsy Graseck - Morgan Stanley Scott Siefers - Piper Sandler Ken Usdin - Jefferies Mike Mayo - Wells Fargo Securities Ebrahim Poonawala - Bank of America Matt O'Connor - Deutsche Bank Gerard Cassidy - RBC Capital Markets Vivek Juneja - JPMorgan Operator Greetings, ladies and gentlemen, and welcome to the Truist Financial Corporation First Quarter 2024 Earnings Conference Call. Currently all participants are in a listen-only mode.

Truist Financial Corporation (TFC) Q1 2024 Earnings Call Transcript

Digital channels continue to gain adherents in financial services, as Truist Financial Corp.'s latest earnings results showed Monday (April 22). Earnings supplementals revealed that mobile app users were up 8% to 4.9 million year over year.

Truist Financial's Digital Transactions Leap 13%

While the top- and bottom-line numbers for Truist Financial (TFC) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Truist Financial (TFC) Reports Q1 Earnings: What Key Metrics Have to Say

A rise in fee income and lower expenses and provisions support Truist's (TFC) Q1 earnings amid weakness in NII on lower average loan balance and high funding costs.

Truist (TFC) Q1 Earnings Top on Higher Fee Income, Costs Dip

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

Truist reports first quarter 2024 results

Higher funding and deposit costs, weak C&I loan demand and lower non-interest income are expected to have hurt Truist's (TFC) Q1 earnings.

Lower NII & Fee Income to Hurt Truist's (TFC) Q1 Earnings

Truist Financial may benefit from a higher for longer rate environment due to persistent inflation headwinds. The sale of Truist Insurance Holdings could lead to higher capital returns for the bank's shareholders. Truist Financial's shares also trade at a discount to book value again, translating into an attractive risk profile.

Truist Financial: Improving Setup (Rating Upgrade)

Beyond analysts' top -and-bottom-line estimates for Truist Financial (TFC), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.

Unveiling Truist Financial (TFC) Q1 Outlook: Wall Street Estimates for Key Metrics

Truist Financial (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: Should You Buy?

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US regional banks' first quarter earnings should demonstrate resilience in earnings per share (EPS) despite a tough revenue growth environment, analysts at the Bank of America believe. They wrote in a note to clients that investors will be looking for potential areas of vulnerability in a higher for longer interest rate backdrop, specifically in commercial real estate, overall credit, and deposit costs.

US regional banks' Q1 earnings expected to show resilient profits despite revenue challenges

WINSTON-SALEM, N.C. , April 8, 2024 /PRNewswire/ -- Sheffield Financial, a division of Truist Bank, and BRP US Inc. (BRP) are pleased to announce the renewal of their long-term retail financing agreement in the United States.

Sheffield Financial and BRP extend long-term retail financing partnership in the United States

Truist Financial Corporation has rebounded by 18.79% over the past year, outpacing the SPDR S&P Regional Banking ETF.

Truist Financial Still Has Room To Run While Yielding 5.48%

Truist Financial Corporation (TFC) concluded the recent trading session at $37.95, signifying a +0.16% move from its prior day's close.

Truist Financial Corporation (TFC) Exceeds Market Returns: Some Facts to Consider

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In the latest trading session, Truist Financial Corporation (TFC) closed at $38.98, marking a +1.01% move from the previous day.

Truist Financial Corporation (TFC) Laps the Stock Market: Here's Why

Recently, Zacks.com users have been paying close attention to Truist Financial (TFC). This makes it worthwhile to examine what the stock has in store.

Truist Financial Corporation (TFC) is Attracting Investor Attention: Here is What You Should Know

CHARLOTTE, N.C. , March 28, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) will report first-quarter 2024 financial results before the market opens on Monday, April 22, 2024.

Truist announces first-quarter 2024 earnings call details

In the latest trading session, Truist Financial Corporation (TFC) closed at $37.69, marking a -0.95% move from the previous day.

Here's Why Truist Financial Corporation (TFC) Fell More Than Broader Market

Truist (TFC) is taking several steps to bolster its balance sheet and focus on core business. This will aid its financials over the long term.

Should You Watch Truist (TFC) to Earn Solid Dividend Yield?

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Truist Financial Corporation (TFC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Truist Financial Corporation (TFC) Is a Trending Stock: Facts to Know Before Betting on It

The latest trading day saw Truist Financial Corporation (TFC) settling at $36.93, representing a -0.81% change from its previous close.

News for Truist Financial Stock (TFC)