Truist Financial Corporation (TFC-PO) — Financial statements
Income statement, balance sheet, and cash flow for Truist Financial Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 30,438↑25.5% | 24,253↓19.0% | 29,950↑34.3% | 22,294↓3.3% | 23,064 | |
| Cost of Revenue | 11,501↓10.5% | 12,845↑6.7% | 12,037↑288.5% | 3,098↑6984.4% | -45 | |
| Gross Profit | 18,937↑66.0% | 11,408↓36.3% | 17,913↓6.7% | 19,196↓16.9% | 23,109 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 7,706↑18.4% | 6,506↓0.2% | 6,516↓0.6% | 6,558↓24.0% | 8,632 | |
| Selling & Marketing Expenses | 299↑11.6% | 268↑3.1% | 260↓19.0% | 321↑9.2% | 294 | |
| SG&A Expenses | 8,005↑18.2% | 6,774↓0.0% | 6,776↓1.5% | 6,879↓22.9% | 8,926 | |
| Other Expenses | 4,583↓12.5% | 5,235↓56.0% | 11,902↑125.1% | 5,288↓14.6% | 6,190 | |
| Operating Expenses | 12,588↑4.8% | 12,009↓35.7% | 18,678↑53.5% | 12,167↓19.5% | 15,116 | |
| Total Costs & Expenses | 24,089↓3.1% | 24,854↓19.1% | 30,715↑101.2% | 15,265↑1.3% | 15,071 | |
| Operating Results | ||||||
| Operating Income | 6,349↑1156.4% | -601↑21.4% | -765↓110.9% | 7,029↓12.1% | 7,993 | |
| Depreciation & Amortization | 704↓28.1% | 979↓19.4% | 1,215↓11.1% | 1,366↓1.3% | 1,384 | |
| EBITDA | 7,053↑1765.9% | 378↓16.0% | 450↓94.6% | 8,395↓10.5% | 9,377 | |
| EBIT | 6,349↑1156.4% | -601↑21.4% | -765↓110.9% | 7,029↓12.1% | 7,993 | |
| Interest & Other Income | ||||||
| Net Interest Income | 14,423↑2.4% | 14,091↓3.0% | 14,524↑1.5% | 14,313↑10.0% | 13,006 | |
| Interest Income | 24,542↓2.1% | 25,066↑2.5% | 24,452↑47.0% | 16,634↑20.8% | 13,774 | |
| Interest Expense | 10,119↓7.8% | 10,975↑10.5% | 9,928↑327.7% | 2,321↑202.2% | 768 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 6,349↑1156.4% | -601↑21.4% | -765↓110.9% | 7,029↓12.1% | 7,993 | |
| Income Tax Expense | 1,042↑287.4% | -556↓175.3% | 738↓41.0% | 1,250↓19.7% | 1,556 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 5,307↑11893.3% | -45↑97.0% | -1,503↓126.0% | 5,779↓10.2% | 6,437 | |
| Net Income from Discontinued Operations | 0.00↓100.0% | 4,885↑971.3% | 456↓6.6% | 488 | 0.00 | |
| Net Income | 5,307↑10.1% | 4,818↑541.6% | -1,091↓117.4% | 6,260↓2.8% | 6,440 | |
| Bottom-Line Net Income | 4,974↑11.3% | 4,469↑407.8% | -1,452↓124.5% | 5,927↓1.8% | 6,033 | |
| EPS (Basic) | 3.86↑14.9% | 3.36↑408.3% | -1.09↓124.4% | 4.46↓1.1% | 4.51 | |
| EPS (Diluted) | 3.82↑13.7% | 3.36↑408.3% | -1.09↓124.6% | 4.43↓0.9% | 4.47 | |
| Weighted Average Shares | 1,267↓4.8% | 1,331↓0.1% | 1,332↑0.3% | 1,328↓0.7% | 1,337 | |
| Weighted Average Diluted Shares | 1,285↓3.5% | 1,331↓0.1% | 1,332↓0.5% | 1,338↓0.8% | 1,349 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.