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

CHARLOTTE, N.C. , June 9, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today released its 2021 ESG and CSR Report, highlighting the company's steadfast commitment to enhancing environmental, social, and governance (ESG) and corporate social responsibility (CSR) efforts for all Truist stakeholders.

Truist's 2021 ESG and CSR Report highlights progress, community care across financial inclusion, DEI, and climate priorities

KeyCorp

Zions Bancorp

With hundreds of publicly traded banks out there, finding strong candidates can be a challenge. These three companies have the financial strength, growth prospects, and income stability that investors can take to the bank.

3 Regional Banks Investors Can Bank On

CHARLOTTE, N.C. , May 27, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that Chief Financial Officer Daryl Bible will present at the Morgan Stanley US Financials, Payments & CRE Conference at 10:15 a.m.

Truist CFO to present at the Morgan Stanley US Financials, Payments & CRE Conference

CHARLOTTE, N.C. , May 23, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that Chairman and Chief Executive Officer Bill Rogers will speak at the Bernstein Strategic Decisions Conference at 9 a.m.

Truist CEO to speak at the Bernstein Strategic Decisions Conference

CHARLOTTE, N.C. , May 20, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that Chief Financial Officer Daryl Bible has made the decision to retire from Truist after a distinguished 38-year career and more than 14 years with the company.

Truist announces retirement of Chief Financial Officer Daryl Bible

Truist Financial Corporation (TFC) reported earnings 30 days ago. What's next for the stock?

Truist Financial Corporation (TFC) Down 11.8% Since Last Earnings Report: Can It Rebound?

Best Buy

Huntington Bancshares

Whirlpool

"We need to high-grade our accidental high-yielder portfolio," the "Mad Money" host said Monday.

Jim Cramer says to consider these five high-yielding stocks to upgrade your portfolio

CHARLOTTE, N.C. , May 9, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced it will redeem all $1,350,000,000 principal amount outstanding of its 3.050% senior notes due June 20, 2022 (CUSIP 05531FBG7) on the redemption date of May 20, 2022.

Truist Announces Redemption of Senior Notes due June 2022

Partnership with Council for Adult and Experiential Learning will establish support and training  for adult learners entering financial services and adjacent industries INDIANAPOLIS , May 9, 2022 /PRNewswire/ -- The Council for Adult and Experiential Learning (CAEL), a nonprofit organization helping adult learners navigate on- and off-ramps between education and employment, announced today it has been awarded a $15.7 million grant from Truist Foundation. The CAEL and Truist Foundation partnership encompasses a six-year multicity initiative that prioritizes Black, Indigenous, and persons of color (BIPOC) as well as underserved communities by building career paths in professions and industries historically unavailable to them, such as financial services.

CAEL receives $15.7 million grant from Truist Foundation to strengthen financial services career pathways

CHARLOTTE, N.C. , May 4, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) announced an increase in its prime lending rate to 4.00 percent from 3.50 percent, effective tomorrow, May 5, 2022.

Truist Increases Prime Rate to 4.00 Percent

Truist Financial (TFC) acquires Long Game, the pioneer in gamified finance mobile applications, to help its clients build financial wellness.

Truist Financial (TFC) Buys Gamified Finance App Long Game

Truist has announced it will be acquiring Long Game, the gamified finance mobile app, a Truist press release said Tuesday (May 3). Long Game uses prize-linked savings and casual gaming to help motivate smarter financial behaviors.

Truist Buys Gamified Finance App Long Game

Acquisition underscores Truist's commitment to financial wellness, technology innovation and diversity CHARLOTTE, N.C. , May 3, 2022 /PRNewswire/ -- Truist Financial Corporation  (NYSE: TFC) today announced it has acquired Long Game, the award-winning gamified finance mobile app that is changing the way people save, learn and engage with their finances.

Truist acquires mobile savings gamification pioneer Long Game

Owners are concerned about the economy and inflation, but remain resilient CHARLOTTE, N.C. , April 28, 2022 /PRNewswire/ -- Small business owners have taken many actions to overcome the challenges they are facing to grow their business due to economic uncertainty and rising inflation, according to Truist (NYSE: TFC) annual Small Business Pulse Survey1 of small businesses (annual revenue between $100K-$2M).

Small business owners are more resilient, according to a Truist survey

Bank of America

Warner Bros Discovery Inc

Screening for stocks with market caps over $10 billion and price-book ratios under 1.5 could provide a good starting point for value investors as they seek to spot opportunities among the myriad of U.S.-listed stocks. Thus, value investors may want to consider the following stocks, as they meet the criteria above and are recommended by Wall Street.

3 Low Price-Book Ratio Stocks

Truist Financial Corporation (NYSE:TFC ) Q1 2022 Results Conference Call April 19, 2022 8:00 AM ET Company Participants Ankur Vyas - Head of Investor Relations Bill Rogers - Chief Executive Officer Daryl Bible - Chief Financial Officer Clarke Starnes - Chief Risk Officer Beau Cummins - Vice Chair John Howard - Chief Insurance Officer Conference Call Participants Gerard Cassidy - RBC Betsy Graseck - Morgan Stanley Ken Usdin - Jefferies John McDonald - Autonomous Research Matt O'Connor - Deutsche Bank Mike Mayo - Wells Fargo Securities John Pancari - Evercore ISI Ebrahim Poonawala - Bank of America Erika Najarian - UBS Operator Greetings, ladies and gentlemen, and welcome to Truist Financial Corporation's First Quarter 2022 Earnings Conference Call. Currently, all participants are in a listen-only mode.

Truist Financial Corporation (TFC) CEO Bill Rogers on Q1 2022 Results - Earnings Call Transcript

Provision benefits and rise in demand for loans support Truist's (TFC) Q1 earnings. A decline in the top line and higher costs act as undermining factors.

Truist (TFC) Q1 Earnings Beat on Provision Benefit, Higher Loans

Truist Financial Corporation (TFC) delivered earnings and revenue surprises of 9.82% and 3.45%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Truist Financial Corporation (TFC) Tops Q1 Earnings Estimates

First quarter 2022 GAAP earnings of $1.3 billion, or $0.99 per diluted share First quarter 2022 Adjusted earnings of $1.6 billion, or $1.23 per diluted share Results reflect solid loan growth, strong expense control, and continued favorable credit results Fee revenues were impacted by market volatility and geopolitical uncertainty Final core bank conversion complete CHARLOTTE, N.C. , April 19, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today reported earnings for the first quarter of 2022.

Truist reports first quarter 2022 results

Fifth Third Bancorp

Travelers

U.S. stocks were slightly higher as the flood of financial earnings will continue with Dow members Travelers, Truist Financial, and Fifth Third Bancorp posting results.

US stocks rebound early Tuesday; 1Q earnings results for Travelers, Truist Financial, Fifth Third expected

Subdued fee income and higher expenses are expected to have hurt Truist Financial's (TFC) Q1 earnings, despite decent improvement in loan demand.

Fee Income Woes to Hurt Truist Financial (TFC) Q1 Earnings

TFC has fallen more than 22% from the 12-month high close on January 14th. The forward P/E is 10.8 and the dividend yield is 3.64%.

Truist Financial Looks Oversold

First Republic

JPMorgan Chase & Co

Prosperity Bancshares

Patriot National Bancorp

U.S. Bancorp

Should you have full confidence in the economic recovery narrative, these bank stocks might belong in your portfolio. The post 7 Bank Stocks to Buy if the Economic Recovery Story Pans Out appeared first on InvestorPlace.

7 Bank Stocks to Buy if the Economic Recovery Story Pans Out

Announcement Renews and Expands Truist's Presence in Atlanta Strengthens Partnership Between Truist and the Atlanta Braves  Construction of New Building to Begin at The Battery Atlanta in the Second Half of 2022 CHARLOTTE, N.C. and ATLANTA , April 6, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) and Braves Development Company today announced that Truist Securities, Truist's full-service corporate and investment bank, will relocate its national headquarters to a new Class A building to be constructed in The Battery Atlanta, adjacent to Truist Park, home of the Atlanta Braves.

Truist and the Braves Development Company announce new national headquarters for Truist Securities inside The Battery Atlanta

CHARLOTTE, N.C. , March 31, 2022 /PRNewswire/ -- Truist Bank today announced it will redeem on April 17, 2022, all $1,350,000,000 principal amount outstanding of its 2.800% senior notes due May 17, 2022 (CUSIP 86787EBE6) and all $650,000,000 principal amount outstanding of its floating rate senior notes due May 17, 2022 (CUSIP 86787EBD8) (collectively, the "senior notes.

News for Truist Financial Stock (TFC)