Truist Financial Corporation (TFC)

Truist Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	18,744	19,230	19,518	13,252	11,481
Interest Income on Investments	5,798	5,836	4,934	3,382	2,293
Total Interest Income	24,542	25,066	24,452	16,634	13,774
Interest Paid on Deposits	7,048	7,849	6,427	1,145	148
Interest Paid on Borrowings	3,071	3,126	3,501	1,176	620
Total Interest Expense	10,119	10,975	9,928	2,321	768
Net Interest Income	14,423	14,091	14,524	14,313	13,006
Net Interest Income Growth (YoY)	2.36%	-2.98%	1.47%	10.05%	-5.93%
Trust Income	1,431	1,412	1,358	1,338	1,392
Mortgage Banking Activities	452	432	437	460	734
Gain (Loss) on Sale of Investments	-19	-6,651	-	-71	-
Other Non-Interest Income	4,032	3,079	2,830	2,905	6,104
Total Non-Interest Income	5,896	-813	5,498	5,660	9,290
Non-Interest Income Growth (YoY)	-	-	-2.86%	-39.07%	4.63%
Revenues Before Loan Losses	20,319	13,278	20,022	19,973	22,296
Provision for Loan Losses	1,894	1,870	2,109	777	-813
Revenue	18,425	11,408	17,913	19,196	23,109
Revenue Growth (YoY)	61.51%	-36.31%	-6.68%	-16.93%	13.45%
Salaries and Employee Benefits	6,848	6,214	6,218	6,297	8,312
Occupancy Expenses	710	520	548	579	635
Federal Deposit Insurance	163	344	824	183	137
Amortization of Goodwill & Intangibles	290	345	395	455	574
Selling, General & Administrative	3,006	3,446	3,284	3,535	3,833
Other Non-Interest Expense	1,059	1,020	1,011	652	803
Total Non-Interest Expense	12,409	11,889	12,280	11,701	14,294
EBT Excluding Unusual Items	6,016	-481	5,633	7,495	8,815
Pretax Income	6,016	-601	-765	7,029	7,993
Income Tax Expense	1,042	-556	738	1,250	1,556
Earnings From Continuing Operations	4,974	-45	-1,503	5,779	6,437
Earnings From Discontinued Operations	-	4,863	412	481	-
Minority Interest in Earnings	-	-	-	-	3
Net Income	4,974	4,818	-1,091	6,260	6,440
Preferred Dividends & Other Adjustments	-	349	361	333	407
Net Income to Common	4,974	4,469	-1,452	5,927	6,033
Net Income Growth	3.24%	-	-	-2.79%	43.69%
Basic Shares Outstanding	1,287	1,331	1,332	1,328	1,337
Diluted Shares Outstanding	1,303	1,331	1,332	1,338	1,349
Shares Change (YoY)	-2.13%	-0.07%	-0.49%	-0.81%	-0.66%
EPS (Basic)	3.87	3.36	-1.09	4.46	4.51
EPS (Diluted)	3.82	3.35	-1.09	4.43	4.47
EPS Growth	13.91%	-	-	-0.91%	45.13%
Dividend Per Share	-	2.080	2.080	2.000	1.860
Dividend Growth	-	-	4.00%	7.53%	3.33%
Effective Tax Rate	17.32%	-	-	17.78%	19.47%

Updated Jan 21, 2026. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q