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

Bank of America

Citigroup

JPMorgan Chase & Co

PNC Financial Services

U.S. Bancorp

Wells Fargo

As midterms heat up, Congress is eyeing ways to hold megabanks accountable to consumers.

Jamie Dimon, Jane Fraser and Other CEOs Are Heading to Capitol Hill This Week for Their Annual Grilling

CEOs of some of the biggest banks in the country are expected to appear before the House Financial Services Committee today and the Senate Banking Committee tomorrow.

Big Bank CEOs Face Capitol Hill Grilling

Citigroup's Jane Fraser, JPMorgan's Jamie Dimon and others face two days of congressional hearings starting Wednesday.

Bank CEOs to Go Before Congress, With Economy and High Inflation in Focus

CHARLOTTE, N.C. , Sept. 19, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) will report third-quarter 2022 financial results before the market opens on Tuesday, Oct. 18, 2022.

Truist announces third-quarter 2022 earnings call details

CEOs from the largest consumer-facing banks in the U.S. are scheduled to testify on Capitol Hill this week in both the House and Senate as the fall midterm election season heats up and a stack of proposed banking bills await potential action.

Bank CEOs are heading to Capitol Hill this week for their annual grilling

Large regional banks may be required to increase their financial cushions so they can better weather any crises that may emerge, the Wall Street Journal reported Sunday (Sept. 18).

Report: U.S. Banking Regulators Watching Big Regional Banks

New artificial intelligence (AI)-enhanced digital virtual assistantprovides immediate help for clients' most common questions CHARLOTTE, N.C., Sept. 15, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC), today announced the launch of Truist Assist in its mobile banking app and online banking platform for personal banking (retail and wealth) clients.

Truist launches Truist Assist

Truist Financial (TFC) further strengthens its insurance business with a deal to acquire BankDirect for $3.4 billion in cash from Texas Capital (TCBI).

Truist (TFC) to Buy BankDirect From Texas Capital for $3.4B

CHARLOTTE, N.C. , Sept. 7, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that Mike Maguire, Truist's chief consumer finance and payments officer, has been named chief financial officer (CFO) effective Sept.

Truist names Mike Maguire as chief financial officer

Texas Capital Bancshares

Texas Capital Bancshares Inc. TCBI, -0.94% said Tuesday it agreed to sell for $3.4 billion its 122-employee insurance premium finance unit BankDirect Capital Finance to a unit of Truist Financial Corp. TFC, -0.81% . Truist Financial's Afco Credit Corp. will acquire BankDirect Capital Finance's business operations, as well as its $3.1 billion loan portfolio.

Truist paying $3.4 bln for BankDirect Capital Finance, the insurance premium finance unit of Texas Capital Bancshares

CHARLOTTE, N.C. , Sept. 6, 2022 Truist Insurance Holdings, Inc., a subsidiary of Truist Financial Corporation (NYSE: TFC) and the sixth-largest insurance brokerage in the U.S., announced today that it has signed a definitive agreement to acquire BankDirect Capital Finance, a nationwide premium finance company, from Texas Capital Bancshares, Inc. (NASDAQ: TCBI).

Truist Insurance Holdings further enhances premium finance business with acquisition of BankDirect Capital Finance

Advance Auto Parts

Best Buy

Blackrock Inc

Blackstone Group

Comcast

Intel

Morgan Stanley

T. Rowe Price Group

Texas Instruments

I present my top 10 High Yield dividend stocks that are poised to offer strong future returns. The annualized rate of return for this watchlist is 17.78% over the past 22 months.

My Top 10 High Yield Dividend Stocks For September 2022

Robo advisor and hybrid investment solutions can help give clients control and confidence CHARLOTTE, N.C. , Aug. 29, 2022 /PRNewswire/ -- Truist Wealth has expanded its digital investment offerings with Truist Invest, a robo advisor, and Truist Invest Pro, a hybrid investing solution that combines automated investing with access to a team of financial advisors.

Truist Wealth expands its digital investing capabilities with Truist Invest

The grant will provide assistance to 500 Black and Latine entrepreneurs and finance 100 minority-owned businesses to create and retain 400 jobs PHILADELPHIA , Aug. 25, 2022 /PRNewswire/ -- Truist Foundation today announced a $2.25 million commitment to Community First Fund, a nonprofit Community Development Financial Institution (CDFI) dedicated to aligning capital with social justice. The grant will help launch Community First Fund's Economic Justice Fund (EJFund) that will support lending activities to minority entrepreneurs, with an emphasis on Black and Latine small business owners, across Community First Fund's service footprint in eastern and central Pennsylvania, including in the Greater Philadelphia region.

Community First Fund receives $2.25 million grant from Truist Foundation to launch fund supporting minority small business owners

TowneBank

UBS Group AG

UBS signs an agreement to sell its U.S. alternative investments feeder fund platform, UBS Fund Advisor, to iCapital.

UBS Agrees to Divest Its Feeder Fund Platform to iCapital

CHARLOTTE, N.C. , Aug. 24, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that Scott Stanzel will join the company as executive vice president and chief communications officer, effective Oct. 1, 2022.

Truist appoints industry veteran Scott Stanzel as EVP, chief communications officer

Truist (TFC) acquires key strategic assets from Zaloni. The investment will help TFC deliver better financial experiences and advance its strategy.

Truist (TFC) Buys Zaloni Assets, Extends Data Management Skills

CHARLOTTE, N.C. , Aug. 22, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that it has acquired key strategic assets from Zaloni™, an award-winning leader in data technology solution delivery.

Truist extends data management capabilities with acquisition of Arena platform

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

Truist Financial Corporation (TFC) Up 6.6% Since Last Earnings Report: Can It Continue?

Funding will support programming across Fairfax and Prince George's counties CHARLOTTE, N.C. , Aug. 18, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC), together with Truist Foundation and Truist Charitable Fund, today announced a $1.45 million commitment to Junior Achievement of Greater Washington (JAGW).

Truist commits $1.45 million to Junior Achievement of Greater Washington in support of financial literacy

CHARLOTTE, N.C. , Aug. 17, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced plans to host conference calls to review quarterly financial results on the following dates and times: Fourth quarter 2022 – Thursday, Jan. 19, 2023 at 8 a.m.

Truist announces fourth-quarter 2022 and quarterly 2023 earnings conference call dates

Truist Financial's (TFC) subsidiary, Truist Insurance Holdings, agrees to acquire BenefitMall from funds managed by Carlyle.

Truist Financial (TFC) Agrees to Buy BenefitMall From Carlyle

CHARLOTTE, N.C. , Aug. 8, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) has learned that TRC Capital Investment Corporation (TRC), a private Canadian investment company, has made an unsolicited "mini-tender" offer, dated July 25, 2022, to purchase up to two million shares of Truist common stock.

Truist recommends shareholders reject mini-tender offer from TRC Capital Investment Corporation

Carlyle Group

CHARLOTTE, N.C. , Aug. 8, 2022 /PRNewswire/ -- Truist Insurance Holdings, Inc., a subsidiary of Truist Financial Corporation (NYSE: TFC) and the sixth-largest insurance brokerage in the U.S., announced today that it has signed a definitive agreement to acquire BenefitMall, the nation's largest benefits wholesale general agency, from funds managed by global investment firm Carlyle (NASDAQ: CG).

Truist Insurance Holdings enhances client offerings with acquisition of BenefitMall from Carlyle

Ward will be responsible for treasury solutions, merchant services and commercial card solutions CHARLOTTE, N.C. , Aug. 1, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced J.

News for Truist Financial Stock (TFC)