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

Noninterest Expense

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Truist Financial Corporation faced challenges and strategic adjustments in Q3 2023, resulting in a decrease in Adjusted PPNR and total revenues. The bank showed resilience with a slight improvement in net interest margin and stable asset quality indicators. The stock price of Truist Financial Corporation is exhibiting a strong bullish formation, potentially poised for gains.

Truist Financial: Buying In A Solid Base At Technical Support Levels

New capital will help expand operations as they add additional strategic partners AUSTIN, Texas , Nov. 20, 2023 /PRNewswire/ -- AppBrilliance, the leading platform for real-time Account-to-Account (A2A) payment acceptance, announced today that it has closed a strategic investment from Truist Ventures , the corporate venture capital arm of Truist Financial (NYSE: TFC). Truist Ventures invests in Startup that unlocks FedNow and RTP for Pay-by-Bank The investment allows AppBrilliance to further develop it's IP portfolio and expand its resources to support rapid growth and interest from financial institutions and other strategic partners looking to incorporate real-time payments (RTP) into their Pay-by-Bank offerings.

AppBrilliance Announces Strategic Investment by Truist Ventures

Comerica

PNC Financial Services

The banking crisis in March 2023 affected even the best bank stocks as higher interest rates put pressure on liquidity. With interest rates at 5% compared with March's 4.75%, risks remain due to tighter lending standards and potentially higher yields.

The 3 Best Bank Stocks to Survive Higher Yields

Allianz SE

Bank of Montreal

Bank of Nova Scotia

Canadian Imperial Bank of Commerce

Enterprise Products Partners

Legal & General Group PLC

Manulife Financial

Realty Income Corp

Pfizer

Philip Morris

Prudential Financial

Simon Property Group

U.S. Bancorp

Americans are increasingly worried about job losses, and long-term inflation expectations are at a 12-year high. Leading economic indicators suggest a potential recession within three months, while unemployment is predicted to rise, and stagflation is a concern. A-rated ultra-yielding SWANs are a great way to invest money wisely during a high uncertainty period. Rock-solid balance sheets, great risk management, and safe ultra-yield is always in fashion.

15 A-Rated 6% Yielding SWANs Perfect For What's Coming Next

CHARLOTTE, N.C. , Nov. 14, 2023 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced continued progress in the company's transformation journey with the creation of a chief operating officer position, the naming of a new chief consumer & small business banking officer and the hiring of a new chief wholesale banking officer.

Truist names Beau Cummins chief operating officer and Dontá Wilson chief consumer & small business banking officer; hires Kristin Lesher as new chief wholesale banking officer

Redfin

Upstart Holdings

Upstart, Redfin, and Truist have all been stymied by rising rates, which has slowed demand for housing and consumer loans and made lending more difficult. The latest data suggests that inflation is cooling, igniting a share rally.

Why Upstart, Redfin, and Truist Stocks Are All Surging Higher Today

Bank of America

Bank of New York Mellon

Citigroup

Capital One

JPMorgan Chase & Co

M&T Bank

Wells Fargo

Zions Bancorp

Many banks have reported significantly larger unrealized securities losses in 3Q as interest rates rose in the quarter. The unrealized losses have grown so large as to be orange flags for a few banks. One of the reasons there could be new increased capital requirements is because of the large unrealized losses across the banking industry.

Q3 List Of Banks And Their Increasing Paper Losses In Their Debt Securities Portfolios

Salesforce

NVIDIA

Bristol-Myers

Crown Castle International

Citizens Financial Group

Eversource Energy

KeyCorp

Moderna

Charles Schwab

J. M. Smucker

Tapestry

Walgreens

Stocks' yearly performance rankings are a field day for contrarians: One year's worst often are the subsequent year's best, and vice versa.

Why this Dow stock went from worst in 2022 to first in 2023 — and 13 turnaround candidates for 2024

BOSTON, Nov. 8, 2023 /PRNewswire/ -- Mendoza Ventures , a female and Latinx-founded Fintech, AI, and Cybersecurity Venture Capital firm, today announced that Truist Ventures is investing in its Early Growth Fintech Fund as a limited partner. The fund is targeting $100M and will invest in early growth-stage startups with a focus on diverse teams.

Mendoza Ventures closes Truist Ventures' investment for its $100M Early Growth Fintech fund

Bill Gross, the Bond King, is back in the news this week. Last week, I detailed how Bill Gross focused on equity arbitrage opportunities while forecasting a recession.

3 Bill Gross Bank Stocks to Add to Your Buy List

First Horizon National

Goldman Sachs

Invesco KBW Bank ETF

New York Community Bancorp

Western Alliance Bancorporation

The SPDR S&P Regional Banking ETF NYSEARCA: KRE closed 1.08% lower on November 6, after a privately held regional bank was closed by the Iowa Division of Banking.

Banking and trucking: Is the economy rolling toward troubles?

Fifth Third Bancorp

Morgan Stanley

Regions Financial

State Street

Big U.S. banks have signaled that they expect net interest income to bottom out in the next few quarters as they keep an eye on whether the cost of consumer deposits will come down, a bank analyst said in a research note on Monday.

JPMorgan's and PNC's mixed outlook on net interest income draws attention from analyst after industry gathering

Huntington Bancshares

Valley National

Bank stocks are down badly this year. Borrowing costs are sky-high, cutting into net interest income.

7 Dirt-Cheap Bank Stocks with Massive Dividends

Automatic Data Processing

Albemarle

American Homes 4 Rent

Ares Capital

Alexandria Real Estate Equities

British American Tobacco

Cigna

Cincinnati Financial

Chevron

Deere & Company

Dollar General

Dick's Sporting Goods

EOG Resources

W.W. Grainger

Hershey

Johnson & Johnson

Lennar

Microchip Technology

MPLX

Microsoft

NextEra Energy

NXP Semiconductors

Old Dominion Freight Line

PepsiCo

Procter & Gamble

PulteGroup

Pioneer Natural Resources

Sherwin-Williams

This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies 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. In addition to the primary list that yields just over 3%, we present two other groups of five DGI stocks each, with the goal of moderate to high yields.

5 Relatively Secure And Cheap Dividend Stocks To Invest In - November 2023

News for Truist Financial Stock (TFC)