Truist Financial Corporation (TFC)
NYSE: TFC · Real-Time Price · USD
46.18
-0.45 (-0.97%)
Nov 20, 2024, 4:00 PM EST - Market closed
Truist Financial Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2014 |
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Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2014 |
Interest Income on Loans | 19,567 | 19,518 | 13,252 | 11,481 | 13,485 | 7,982 | Upgrade
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Interest Income on Investments | 5,590 | 4,938 | 3,385 | 2,293 | 2,063 | 1,427 | Upgrade
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Total Interest Income | 25,157 | 24,456 | 16,637 | 13,774 | 15,548 | 9,409 | Upgrade
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Interest Paid on Deposits | 7,839 | 6,355 | 1,145 | 148 | 785 | 1,101 | Upgrade
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Interest Paid on Borrowings | 3,222 | 3,501 | 1,176 | 620 | 937 | 995 | Upgrade
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Total Interest Expense | 11,061 | 9,856 | 2,321 | 768 | 1,722 | 2,096 | Upgrade
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Net Interest Income | 14,096 | 14,600 | 14,316 | 13,006 | 13,826 | 7,313 | Upgrade
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Net Interest Income Growth (YoY) | -5.94% | 1.98% | 10.07% | -5.93% | 89.06% | 9.44% | Upgrade
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Trust Income | 1,413 | 1,358 | 1,338 | 1,392 | 1,277 | 715 | Upgrade
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Mortgage Banking Activities | 409 | 437 | 460 | 734 | 1,185 | 285 | Upgrade
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Gain (Loss) on Sale of Investments | -6,650 | - | 3 | - | 402 | -69 | Upgrade
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Other Non-Interest Income | 6,297 | 6,126 | 5,892 | 6,104 | 4,995 | 3,460 | Upgrade
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Total Non-Interest Income | 2,372 | 8,790 | 8,719 | 9,290 | 8,879 | 5,255 | Upgrade
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Non-Interest Income Growth (YoY) | -62.72% | 0.81% | -6.15% | 4.63% | 68.96% | 7.77% | Upgrade
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Revenues Before Loan Losses | 16,468 | 23,390 | 23,035 | 22,296 | 22,705 | 12,568 | Upgrade
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Provision for Loan Losses | 1,971 | 2,109 | 777 | -813 | 2,335 | 615 | Upgrade
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Revenue | 14,497 | 21,281 | 22,258 | 23,109 | 20,370 | 11,953 | Upgrade
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Revenue Growth (YoY) | -25.06% | -4.39% | -3.68% | 13.45% | 70.42% | 8.74% | Upgrade
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Salaries and Employee Benefits | 8,211 | 8,334 | 8,149 | 8,312 | 7,793 | 4,668 | Upgrade
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Occupancy Expenses | 514 | 566 | 600 | 635 | 802 | 434 | Upgrade
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Federal Deposit Insurance | 887 | 824 | 183 | 137 | 125 | 81 | Upgrade
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Amortization of Goodwill & Intangibles | 491 | 527 | 583 | 574 | 685 | 164 | Upgrade
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Selling, General & Administrative | 3,649 | 3,620 | 3,819 | 3,833 | 3,584 | 1,562 | Upgrade
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Other Non-Interest Expense | 1,170 | 1,142 | 781 | 803 | 1,048 | 665 | Upgrade
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Total Non-Interest Expense | 14,922 | 15,013 | 14,115 | 14,294 | 14,037 | 7,574 | Upgrade
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EBT Excluding Unusual Items | -425 | 6,268 | 8,143 | 8,815 | 6,333 | 4,379 | Upgrade
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Other Unusual Items | - | - | 39 | - | - | - | Upgrade
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Pretax Income | -6,822 | -185 | 7,669 | 7,993 | 5,473 | 4,019 | Upgrade
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Income Tax Expense | -753 | 862 | 1,402 | 1,556 | 981 | 782 | Upgrade
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Earnings From Continuing Operations | -6,069 | -1,047 | 6,267 | 6,437 | 4,492 | 3,237 | Upgrade
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Minority Interest in Earnings | -44 | -44 | -7 | 3 | -10 | -13 | Upgrade
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Net Income | -1,548 | -1,091 | 6,260 | 6,440 | 4,482 | 3,224 | Upgrade
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Preferred Dividends & Other Adjustments | 366 | 361 | 333 | 407 | 298 | 196 | Upgrade
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Net Income to Common | -1,914 | -1,452 | 5,927 | 6,033 | 4,184 | 3,028 | Upgrade
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Net Income Growth | - | - | -2.80% | 43.69% | 39.02% | -0.40% | Upgrade
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Basic Shares Outstanding | 1,335 | 1,332 | 1,328 | 1,337 | 1,347 | 805 | Upgrade
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Diluted Shares Outstanding | 1,335 | 1,332 | 1,338 | 1,349 | 1,358 | 815 | Upgrade
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Shares Change (YoY) | -0.24% | -0.49% | -0.81% | -0.66% | 66.62% | 4.05% | Upgrade
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EPS (Basic) | -1.43 | -1.09 | 4.46 | 4.51 | 3.11 | 3.76 | Upgrade
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EPS (Diluted) | -1.43 | -1.09 | 4.43 | 4.47 | 3.08 | 3.71 | Upgrade
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EPS Growth | - | - | -0.89% | 45.13% | -16.98% | -5.12% | Upgrade
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Dividend Per Share | 2.080 | 2.080 | 2.000 | 1.860 | 1.800 | 1.710 | Upgrade
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Dividend Growth | 0% | 4.00% | 7.53% | 3.33% | 5.26% | 12.87% | Upgrade
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Effective Tax Rate | - | - | 18.28% | 19.47% | 17.92% | 19.46% | Upgrade
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Source: S&P Capital IQ. Banks template. Financial Sources.