Truist Financial Corp. (TFC)

Income Statement (Annual)

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

Millions USD. Fiscal year is Jan - Dec.

Year	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011 - 1994
Revenue	23,109	20,370	11,953	10,992	10,770	10,221	9,183	8,979	9,060	8,620	Upgrade
Revenue Growth (YoY)	13.45%	70.42%	8.74%	2.06%	5.37%	11.30%	2.27%	-0.89%	5.10%	16.02%	Upgrade
Gross Profit	23,109	20,370	11,953	10,992	10,770	10,221	9,183	8,979	9,060	8,620	Upgrade
Selling, General & Admin	11,645	11,059	6,190	5,538	5,473	4,917	4,307	4,001	4,174	3,931	Upgrade
Other Operating Expenses	3,475	3,603	1,744	1,394	1,579	1,805	1,787	1,729	1,603	1,895	Upgrade
Operating Expenses	15,120	14,662	7,934	6,932	7,052	6,722	6,094	5,730	5,777	5,826	Upgrade
Operating Income	7,989	5,708	4,019	4,060	3,718	3,499	3,089	3,249	3,283	2,794	Upgrade
Other Expense / Income	-7	245	13	20	413	15	211	197	50	51	Upgrade
Pretax Income	7,996	5,463	4,006	4,040	3,305	3,484	2,878	3,052	3,233	2,743	Upgrade
Income Tax	1,556	981	782	803	911	1,058	794	921	1,553	764	Upgrade
Net Income	6,440	4,482	3,224	3,237	2,394	2,426	2,084	2,131	1,680	1,979	Upgrade
Preferred Dividends	407	298	196	174	174	167	148	148	117	63	Upgrade
Net Income Common	6,033	4,184	3,028	3,063	2,220	2,259	1,936	1,983	1,563	1,916	Upgrade
Net Income Growth	44.19%	38.18%	-1.14%	37.97%	-1.73%	16.68%	-2.37%	26.87%	-18.42%	48.64%	Upgrade
Shares Outstanding (Basic)	1,337	1,347	805	773	799	805	748	718	703	699	Upgrade
Shares Outstanding (Diluted)	1,349	1,358	815	783	811	815	758	728	714	709	Upgrade
Shares Change	-0.66%	66.62%	4.05%	-3.39%	-0.48%	7.54%	4.04%	1.96%	0.77%	0.53%	Upgrade
EPS (Basic)	4.51	3.11	3.76	3.96	2.78	2.81	2.59	2.76	2.22	2.74	Upgrade
EPS (Diluted)	4.47	3.08	3.71	3.91	2.74	2.77	2.56	2.72	2.19	2.70	Upgrade
EPS Growth	45.13%	-16.98%	-5.12%	42.70%	-1.08%	8.20%	-5.88%	24.20%	-18.89%	47.54%	Upgrade
Free Cash Flow Per Share	5.57	4.92	1.61	5.16	5.80	3.87	4.19	4.47	7.55	5.32	Upgrade
Dividend Per Share	1.860	1.800	1.710	1.560	1.260	1.150	1.050	0.950	1.120	0.760	Upgrade
Dividend Growth	3.33%	5.26%	9.62%	23.81%	9.56%	9.52%	10.53%	-15.18%	47.37%	18.75%	Upgrade
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	Upgrade
Operating Margin	34.60%	28.00%	33.60%	36.90%	34.50%	34.20%	33.60%	36.20%	36.20%	32.40%	Upgrade
Profit Margin	26.10%	20.50%	25.30%	27.90%	20.60%	22.10%	21.10%	22.10%	17.30%	22.20%	Upgrade
Free Cash Flow Margin	32.20%	32.50%	10.80%	36.30%	43.00%	30.50%	34.10%	35.80%	58.60%	43.10%	Upgrade
Effective Tax Rate	19.46%	17.96%	19.52%	19.88%	27.56%	30.37%	27.59%	30.18%	48.04%	27.85%	Upgrade
EBITDA	9,380	7,071	4,636	4,595	3,855	4,039	3,339	3,476	3,654	3,134	Upgrade
EBITDA Margin	40.60%	34.70%	38.80%	41.80%	35.80%	39.50%	36.40%	38.70%	40.30%	36.40%	Upgrade
Depreciation & Amortization	1,384	1,608	630	555	550	555	461	424	421	391	Upgrade
EBIT	7,996	5,463	4,006	4,040	3,305	3,484	2,878	3,052	3,233	2,743	Upgrade
EBIT Margin	34.60%	26.80%	33.50%	36.80%	30.70%	34.10%	31.30%	34.00%	35.70%	31.80%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).