Truist Financial Corporation (TFC)

TFC Financials

TFC Quarterly Income Statement (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Revenue	30.466B	7.408B	7.660B	7.844B	7.554B	7.380B	7.649B	7.835B	1.139B
Cost of Goods Sold	11.297B	2.735B	2.414B	3.093B	3.055B	2.939B	3.060B	3.198B	3.275B
Gross Profit	19.169B	4.673B	5.246B	4.751B	4.499B	4.441B	4.589B	4.637B	-2.136B
Gross Profit Margin	63.1%	63.1%	68.5%	60.6%	59.6%	60.2%	60.0%	59.2%	-187.5%
Total Operating Expenses	12.665B	2.983B	3.682B	3.014B	2.986B	2.906B	3.035B	2.927B	3.094B
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	8.334B	1.991B	2.803B	1.805B	1.735B	1.662B	1.661B	1.703B	1.724B
Operating Income (EBIT)	6.504B	1.690B	1.564B	1.737B	1.513B	1.535B	1.554B	1.710B	-5.230B
Operating Margin	22.8%	22.8%	20.4%	22.1%	20.0%	20.8%	20.3%	21.8%	-459.2%
Income Before Tax (EBT)	6.504B	1.690B	1.564B	1.737B	1.513B	1.535B	1.554B	1.710B	-5.230B
Interest Income	24.409B	5.855B	6.114B	6.286B	6.154B	5.988B	6.179B	6.352B	6.351B
Interest Expense	9.894B	2.256B	2.414B	2.657B	2.567B	2.481B	2.589B	2.750B	2.824B
Other Income/Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Income	5.527B	1.481B	1.354B	1.452B	1.240B	1.261B	1.276B	1.442B	903.000M
Income Tax Expense	977.000M	209.000M	210.000M	285.000M	273.000M	274.000M	265.000M	271.000M	-1.324B
Net Profit Margin	20.0%	20.0%	17.7%	18.5%	16.4%	17.1%	16.7%	18.4%	79.3%
EBITDA	6.988B	1.690B	1.634B	1.939B	1.725B	1.755B	1.791B	1.939B	-4.990B
EBITDA Margin	22.8%	22.8%	21.3%	24.7%	22.8%	23.8%	23.4%	24.7%	-438.1%
Depreciation & Amortization	484.000M	0.00	70.000M	202.000M	212.000M	220.000M	237.000M	229.000M	240.000M
EPS Basic	4.08	1.10	1.02	1.05	0.91	0.88	0.92	1.00	0.62
EPS Diluted	3.89	1.09	1.00	0.90	0.90	0.87	0.91	0.99	0.62
Shares Outstanding	1.249B	1.249B	1.267B	1.292B	1.292B	1.307B	1.317B	1.334B	1.338B
Diluted Shares Outstanding	1.267B	1.267B	1.285B	1.305B	1.305B	1.324B	1.334B	1.349B	1.338B

TFC Annual Income Statement (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	30.438B	24.253B	29.950B	22.294B	23.064B	24.427B	14.664B	12.996B
Cost of Goods Sold	11.501B	12.845B	12.037B	3.098B	-45.000M	4.057B	2.711B	2.004B
Gross Profit	18.937B	11.408B	17.913B	19.196B	23.109B	20.370B	11.953B	10.992B
Gross Profit Margin	62.2%	47.0%	59.8%	86.1%	100.2%	83.4%	81.5%	84.6%
Total Operating Expenses	12.588B	12.009B	18.678B	12.167B	15.116B	14.897B	7.934B	6.932B
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	8.005B	6.774B	6.776B	6.879B	8.926B	8.419B	4.970B	4.415B
Operating Income (EBIT)	6.349B	-601.000M	-765.000M	7.029B	7.993B	5.473B	4.019B	4.060B
Operating Margin	20.9%	-2.5%	-2.6%	31.5%	34.7%	22.4%	27.4%	31.2%
Income Before Tax (EBT)	6.349B	-601.000M	-765.000M	7.029B	7.993B	5.473B	4.019B	4.060B
Interest Income	24.542B	25.066B	24.452B	16.634B	13.774B	15.548B	9.409B	8.120B
Interest Expense	10.119B	10.975B	9.928B	2.321B	768.000M	1.722B	2.096B	1.438B
Other Income/Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Income	5.307B	4.818B	-1.091B	6.260B	6.440B	4.482B	3.224B	3.237B
Income Tax Expense	1.042B	-556.000M	738.000M	1.250B	1.556B	981.000M	782.000M	803.000M
Net Profit Margin	17.4%	19.9%	-3.6%	28.1%	27.9%	18.3%	22.0%	24.9%
EBITDA	7.053B	378.000M	450.000M	8.395B	9.377B	7.081B	4.649B	4.615B
EBITDA Margin	23.2%	1.6%	1.5%	37.7%	40.7%	29.0%	31.7%	35.5%
Depreciation & Amortization	704.000M	979.000M	1.215B	1.366B	1.384B	1.608B	630.000M	555.000M
EPS Basic	3.86	3.36	-1.09	4.46	4.51	3.11	3.76	3.96
EPS Diluted	3.82	3.36	-1.09	4.43	4.47	3.08	3.71	3.91
Shares Outstanding	1.267B	1.331B	1.332B	1.328B	1.337B	1.347B	805.104M	772.963M
Diluted Shares Outstanding	1.285B	1.331B	1.332B	1.338B	1.349B	1.358B	815.204M	783.484M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Truist Financial Corporation

Truist Financial Corporation operates as a diversified financial holding company, providing an extensive array of banking and trust services throughout the Southeastern and Mid-Atlantic regions of the United States. Its business activities are structured across three main segments: Consumer Banking and Wealth, Corporate and Commercial Banking, and Insurance Holdings. The corporation offers a broad spectrum of deposit products, including both interest-bearing and noninterest-bearing checking accounts, savings accounts, money market deposit accounts, certificates of deposit (CDs), and individual retirement accounts (IRAs). Beyond deposit services, Truist delivers a comprehensive suite of financial solutions. These include various lending options such as automobile, bankcard, consumer, home equity, mortgage, small business, and student loans, alongside specialized commercial financing for areas like floor plan, real estate, and mortgage warehousing, as well as lease and supply chain financing. The company also provides extensive wealth management and investment services, encompassing asset management, investment brokerage, private banking, capital markets, institutional trust, and private equity investment solutions. Further offerings include corporate and investment banking, securities underwriting, and advisory services. Additionally, Truist offers a wide range of insurance products, covering property and casualty, life, health, employee benefits, workers' compensation, professional liability, surety, and title insurance. Digital banking platforms (mobile and online), payment processing, international banking, merchant services, and treasury management are also integral parts of its service portfolio. Headquartered in Charlotte, North Carolina, Truist Financial Corporation was founded in 1872. As of December 31, 2021, the company maintained a substantial presence with 2,517 banking offices. The organization officially adopted its current name, Truist Financial Corporation, in December 2019, having previously operated as BB&T Corporation.

Charlotte, NC

37,529 employees

www.truist.com

Financial Services / Banks - Regional

Sector: Financial Services
Industry: Banks - Regional
CEO: William Henry Rogers Jr.

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