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 has taken prudent action to maintain and improve its capital positioning and secure its dividend amidst the bank turmoil of early 2023. The reaction by private companies and federal funding to the bank crisis suggests that a bank of Truist's size would not be allowed to fail.

Truist Bank: Top Value Pick From Beaten-Down Banks

Truist Financial Corporation (TFC) Q3 2023 Earnings Call Transcript

Although the revenue and EPS for Truist Financial Corporation (TFC) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Truist Financial Corporation (TFC) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Truist Financial Corporation (TFC) came out with quarterly earnings of $0.84 per share, beating the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $1.24 per share a year ago.

Truist Financial Corporation (TFC) Surpasses Q3 Earnings Estimates

A modest improvement in fee income, higher average deposit balance and higher interest rates aid Truist's (TFC) Q3 earnings amid a rise in funding costs, deteriorating credit quality and an increase in expenses.

Truist's (TFC) Q3 Earnings Beat Estimates, NII & Loans Down

CHARLOTTE, N.C., Oct. 19, 2023 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) reported its third quarter 2023 results today.

Truist reports third quarter 2023 results

Main Street Capital

Invesco QQQ

Invesco Nasdaq 100 ETF

Beware Big Tech And Buy These 7% Yielding Blue-Chip Bargains

Gentex

XPEL

By now, most market participants are aware of the UAW (United Auto Workers) union strikes, which pose a significant risk to domestic auto manufacturers and their profitability. That is about as far as the soundbite goes, but you are no ordinary investor, so you go one step further.

Analysts Recommend These Stocks To Cushion The Automotive Slump

Pitch grant program offers funding, wraparound services to nonprofits utilizing innovative technology-based solutions to support small businesses CHARLOTTE, N.C. , Oct. 17, 2023 /PRNewswire/ -- Truist Foundation today announced the finalists for the Inspire Awards, a pitch grant program that elevates and celebrates nonprofits from across the country with innovative solutions that support entrepreneurs.

Finalists announced for second Truist Foundation Inspire Awards

Bank of Nova Scotia

Enterprise Products Partners

Legal & General Group PLC

Simon Property Group

8%-Yielding Blue Chips Perfect For What's Coming Next

Lower net interest income and non-interest income and weakening asset quality are expected to have hurt Truist's (TFC) Q3 earnings.

Lower NII & Fee Income to Hurt Truist's (TFC) Q3 Earnings

Ally Financial

Bank of America

KeyCorp

Regions Financial

U.S. Bancorp

The third-quarter earnings-reporting season got off to a very solid start on Friday, as four leading mega-cap money center banks posted stellar results.

Top Financials Blew Out Q3 Earnings on Friday: 6 Banks That Pay Huge Dividends May Do the Same This Week

In the closing of the recent trading day, Truist Financial Corporation (TFC) stood at $28.41, denoting a -1.63% change from the preceding trading day.

Truist Financial Corporation (TFC) Declines More Than Market: Some Information for Investors

CHARLOTTE, N.C. , Oct. 13, 2023 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced it has received $65 million in New Markets Tax Credits (NMTC) allocation authority from the U.S. Treasury Department's Community Development Financial Institution (CDFI) Fund.

Truist receives $65 million New Markets Tax Credit allocation to support communities across the U.S.

Even with dividends reinvested, both AT&T and Verizon have destroyed value during the past five years. Regional bank stocks plunged in March, but the crisis has passed.

Looking for a 7% Dividend Yield? This Stock Could Run Circles Around AT&T and Verizon

Grant to help drive critical programming to further connect diverse job seekers and businesses DALLAS , Oct. 12, 2023 /PRNewswire/ -- T.D. Jakes Foundation today announced it received a $250,000 grant from Truist Financial Corporation through its Truist Charitable Fund, a donor-advised fund at The Winston-Salem Foundation.

T.D. Jakes Foundation receives $250,000 grant from Truist to support the PATHWAY Program for Economic Mobility

Truist (TFC) mulls divesting the remaining 80% stake in the insurance subsidiary, Truist Insurance Holdings, to strengthen the balance sheet. The news cheers investors, and shares rise 6.6%.

Truist (TFC) Mulls Selling Remaining Insurance Stake, Stock Up

Enphase Energy

Markets continued to gain ground on Tuesday. Truist rose on reports that it could sell its entire insurance subsidiary to a private equity company.

These Were the S&P 500's Top Stocks on Tuesday

Truist could sell its remaining 80% stake in its insurance business for $10 billion. The move comes as bank regulations have tightened in the wake of March's regional banking crisis.

Why Truist Stock Was Climbing Today

The bank is getting a boost as it simplifies its business.

Truist Stock Pops on Reported Insurance Business Sale. Why It's Still a Buy.

Truist Financial Corp. TFC, +0.40% was up 2.5% in premarket trading on Tuesday after a report by Semafor that it's in negotiations to sell the remaining 80% of its insurance brokerage business for $10 billion to Stone Point. The private-equity firm already acquired 20% of the business earlier this year and is in talks to buy the remaining stake, according to the report, which cited unnamed people familiar with the deal.

Truist Financial stock up on report of $10B unit sale to Stone Point

Truist Financial Corp is in talks to sell its insurance brokerage unit to private equity firm Stone Point for about $10 billion, news website Semafor reported on Monday.

Truist in talks to sell insurance business for $10 bln - Semafor

Automatic Data Processing

Cigna

Chevron

PepsiCo

Pfizer

Verizon

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 Safe And Cheap Dividend Stocks To Invest In - October 2023

Truist Financial Corporation (TFC) closed at $27.32 in the latest trading session, marking a +0.15% move from the prior day.

Truist Financial Corporation (TFC) Rises But Trails Market: What Investors Should Know

American Electric Power Company

Dominion Energy

Entergy

FirstEnergy

Goldman Sachs

NextEra Energy

PNC Financial Services

Wells Fargo

Subscribers to  Chart of the Week  received this commentary on Sunday, October 1.

News for Truist Financial Stock (TFC)