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

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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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Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

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Net PPE

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Current liabilities

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Income tax payable

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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

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Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

First Republic

JPMorgan Chase & Co

SPDR S&P Regional Banking ETF

PacWest Bancorp

Regions Financial

SVB Financial Group

Western Alliance Bancorporation

Zions Bancorp

Despite the government's actions to boost confidence in the banking system, regional banks are under tremendous pressure. Several regional banks are down by 50% or more on Monday morning.

Why Are So Many Regional Banks Getting Crushed Today?

Hackett succeeds John Gregg, who will retire ATLANTA , March 13, 2023 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that John Gregg will retire, and that Tom Hackett has been named chairman and chief executive officer of Truist Securities, Truist's full-service corporate and investment bank, effective March 31. Based in Atlanta, Hackett currently serves as president and chief operating officer (COO) of Truist Securities, a position he's held since 2020.

Tom Hackett named chief executive officer of Truist Securities

Coterra Energy

Digital Realty Trust

Diamondback Energy

Federal Realty Investment Trust

International Paper

KeyCorp

Newell Brands

U.S. Bancorp

Why wait for U.S. Treasury yields to poke above 4%? Analysts see upside in S&P 500 stocks that already yield that much or more.

9 Stocks With Upside Already Pay Treasury-Topping 4% Yields

American Electric Power Company

Amgen

Broadcom

Comcast

ConocoPhillips

Cisco Systems

Coca-Cola

Medtronic

Morgan Stanley

Pfizer

PNC Financial Services

Phillips 66

Sempra Energy

Vanguard High Dividend Yield ETF

There are 17 stocks on my high-yield watchlist for March 2023. The majority of the stocks on my watchlist are undervalued based on dividend yield theory.

High Yield Stock Watchlist: March 2023

Leading corporate investment aims to inspire other partners; will help the Red Cross alleviate growing impacts of natural disasters on America's most vulnerable communities WASHINGTON , March 7, 2023 /PRNewswire/ -- Today, the American Red Cross celebrates Truist Foundation for its generous donation of $5 million to support the urgent humanitarian needs posed by extreme weather events across the U.S. Truist Foundation, headquartered in Charlotte, North Carolina, is the first corporate partner to commit such a gift in addition to its annual $1 million commitment to Red Cross Disaster Relief. Truist Foundation's investment will help the Red Cross grow and adapt its capacity to respond to natural disasters and accelerate its ability to prevent and alleviate hardships brought on by these urgent and increasing challenges.

Truist Foundation leads the way with $5M commitment to the American Red Cross to grow disaster response capacity

CHARLOTTE, N.C. , March 1, 2023 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that Chief Financial Officer Mike Maguire will present at the RBC Capital Markets Global Financial Institutions Conference on Wednesday, Mar. 8, 2023 at 4 p.m.

Truist to present at the RBC Capital Markets Global Financial Institutions Conference

Stone Point Capital will take a 20% stake in the insurance unit.

Truist Plans to Sell 20% of Its Strong Insurance Unit: Is This the Right Move?

Truist's (TFC) plan to divest 20% stake in TIH unlocks value for the business and is expected to be accretive to earnings over time.

Truist (TFC) to Divest 20% Stake in Insurance Arm for $1.95B

Truist has chosen to sell a 20% stake in its insurance brokerage business to Stone Capital Partners for $1.95B. The transaction values the insurance brokerage business at $14.75B, or about 17x trailing EBITDA and 27.4x trailing P/E, a good price relative to the business's status and relative performance.

Monetizing The Insurance Business Gives Truist Options, But Also Brings Risk

CHARLOTTE, N.C. , Feb. 16, 2023 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced the cancellation of its participation in the BofA Securities Financial Services Conference due to its announcement and conference call regarding its agreement to sell a minority stake in Truist Insurance Holdings.

Truist cancels participation in the BofA Securities Financial Services Conference

Sale of 20% stake for $1.95 billion strategically positions Truist Insurance Holdings for long-term success and growth Truist maintains client service approach, strategic flexibility, and future upside in insurance business Stone Point is a blue-chip partner with extensive experience in financial services Truist to host investor call at 9:00 a.m. ET today, Feb. 16, 2023 CHARLOTTE, N.C.

Truist announces agreement to sell minority stake in Truist Insurance Holdings to Stone Point Capital, valuing the business at $14.75 billion

CHARLOTTE, N.C. , Feb. 13, 2023 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that Chief Financial Officer Mike Maguire will present at the BofA Securities Financial Services Conference on Thursday, Feb. 16, 2023 at 8:50 a.m.

Truist to present at the BofA Securities Financial Services Conference

Intel

Philip Morris

There are 12 stocks on my high-yield watchlist for February 2023. The majority of the stocks on my watchlist are undervalued based on dividend yield theory.

High Yield Stock Watchlist - February 2023

NEW YORK , Feb. 7, 2023 /PRNewswire/ -- Kensington Vanguard National Land Services ("KV"), one of the largest independent, full-service national title insurance agencies in the country, has hired Steve LaForgia and James Cosolito, two highly experienced title insurance executives whose combined industry experience spans almost 40 years. "Steve and Jimmy worked here early in their careers and have since become institutional brand names in the space.

Kensington Vanguard National Land Services Hires Industry Veterans Steve LaForgia and James Cosolito as Senior Executive Vice Presidents

CHARLOTTE, N.C. , Feb. 1, 2023 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) announced an increase in its prime lending rate to 7.75% from 7.50%, effective tomorrow, Feb. 2, 2023.

Truist increases prime rate to 7.75%

Rumors are swirling that Truist is planning to either spin off its insurance arm or sell a portion of the unit.

Will Truist Spin Off its Large Insurance Unit?

Truist is the product of the merger between BB&T and SunTrust, the largest bank deal in more than a decade.

Truist Is Finally Done With Merger Expenses. Now, the Bank Must Prove Its Worth.

Bank of America

Citigroup

Wells Fargo

America's biggest banks are reportedly launching a digital wallet to take on Apple and PayPal. The banks are developing a product that will let consumers make online purchases with a wallet tied to their Visa or Mastercard debit or credit cards, The Wall Street Journal reported Monday (Jan. 30).

Big Banks to Launch Apple Pay Competitor in 2023 H2

Truist reported one of the better core banking results so far this quarter, with a 2% beat at the pre-provision profit line and good operating leverage. Truist is outperforming with its commercial lending, and a relatively healthier Southeast region should support the business, as should lower-than-average deposit beta.

Truist Looks Better Placed Than Many Banks For Better Growth In 2023

Truist Financial Corp.'s financial projections for 2023 prompted one analyst to question whether they would be able to deliver and prompted others to increase their outlooks for the bank.

Truist outlook draws questions and hiked estimates from analysts

Truist Financial TFC shares are trading higher after the company reported better-than-expected fourth-quarter earnings results.

Why Truist Shares Are Trading Higher Today

Truist Financial Corporation (NYSE:TFC ) Q4 2022 Earnings Conference Call January 19, 2023 8:00 AM ET Company Participants Ankur Vyas - Head, Investor Relations Bill Rogers - Chairman and Chief Executive Officer Mike Maguire - Chief Financial Officer Clarke Starnes - Vice Chair and Chief Risk Officer Beau Cummins - Vice Chair John Howard - Chief Insurance Officer Conference Call Participants Mike Mayo - Wells Fargo Securities Ken Usdin - Jefferies Matt O'Connor - Deutsche Bank John McDonald - Autonomous Research Ebrahim Poonawala - Bank of America Gerard Cassidy - RBC Betsy Graseck - Morgan Stanley Operator Greetings, ladies and gentlemen and welcome to the Truist Financial Corporation's Fourth Quarter 2022 Earnings Conference Call. [Operator Instructions] As a reminder, this event is being recorded.

Truist Financial Corporation (TFC) Q4 2022 Earnings Call Transcript

Truist Financial (TFC) records a rise in revenues and marginally higher expenses in the fourth quarter of 2022.

Truist Financial (TFC) Q4 Earnings Beat, Revenues Rise Y/Y

Truist Financial Corporation (TFC) delivered earnings and revenue surprises of 1.56% and 1.25%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Truist Financial Corporation (TFC) Beats Q4 Earnings and Revenue Estimates

Fourth quarter 2022 GAAP earnings of $1.6 billion, or $1.20 per diluted share   Fourth quarter 2022 Adjusted earnings of $1.7 billion, or $1.30 per diluted share   Results reflect strong PPNR performance as a result of strong loan growth and expanded NIM   Capital, liquidity, and credit quality remain strengths CHARLOTTE, N.C. , Jan. 19, 2023 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today reported earnings for the fourth quarter and full year of 2022.

News for Truist Financial Stock (TFC)