Logo

TFC

Truist Financial Corporation

TFC

Truist Financial Corporation • NYSE
$46.50 ▲ 0.56% (+0.26)
Market Cap $60.41 B
52w High $48.53
52w Low $33.56
Dividend Yield 2.08%
P/E 12.47
Volume 3.87M
Outstanding Shares 1.30B

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $7.173B ▼ $2.689B ▼ $1.297B ▲ 18.082% ▲ $1.05 ▲ $1.555B ▼
Q2-2025 $7.554B ▲ $2.986B ▲ $1.24B ▼ 16.415% ▼ $0.91 ▲ $1.725B ▼
Q1-2025 $7.38B ▼ $2.906B ▼ $1.261B ▼ 17.087% ▲ $0.88 ▼ $1.755B ▼
Q4-2024 $7.649B ▼ $3.035B ▲ $1.276B ▼ 16.682% ▼ $0.92 ▼ $1.791B ▼
Q3-2024 $7.835B $2.927B $1.442B 18.405% $1 $1.939B

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $42.583B ▼ $543.851B ▲ $478.205B ▼ $65.646B ▲
Q2-2025 $45.855B ▼ $543.833B ▲ $478.993B ▲ $64.84B ▲
Q1-2025 $46.468B ▲ $535.899B ▲ $471.264B ▲ $64.635B ▲
Q4-2024 $44.323B ▲ $531.176B ▲ $467.497B ▲ $63.679B ▼
Q3-2024 $43.741B $523.434B $457.738B $65.696B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $1.452B ▲ $1.265B ▲ $-16.295B ▼ $19.631B ▲ $4.601B ▲ $1.265B ▲
Q2-2025 $1.24B ▼ $914M ▲ $-7.705B ▼ $6.071B ▲ $-720M ▼ $914M ▲
Q1-2025 $1.261B ▼ $746M ▼ $-1.631B ▲ $3.288B ▼ $2.403B ▲ $746M ▼
Q4-2024 $1.276B ▼ $775M ▼ $-7.96B ▼ $7.313B ▲ $128M ▲ $775M ▼
Q3-2024 $1.442B $1.534B $-3.494B $721M $-1.239B $1.534B

Revenue by Products

Product Q2-2016Q3-2016Q1-2017Q2-2017
Community Banking
Community Banking
 $40.00M ▲$40.00M ▲$40.00M ▲$40.00M ▲
Dealer Financial Services
Dealer Financial Services
 $0 ▲$0 ▲$0 ▲$0 ▲
Financial Services
Financial Services
 $10.00M ▲$10.00M ▲$10.00M ▲$10.00M ▲
Insurance Services
Insurance Services
 $0 ▲$0 ▲$0 ▲$0 ▲
Other Treasury Corporate
Other Treasury Corporate
 $0 ▲$0 ▲$-40.00M ▼$-50.00M ▼
Residential Mortgage Banking
Residential Mortgage Banking
 $0 ▲$0 ▲$0 ▲$0 ▲
Specialized Lending
Specialized Lending
 $0 ▲$0 ▲$0 ▲$0 ▲
Corporate and Other
Corporate and Other
 $-50.00M ▲$-50.00M ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Truist’s revenue has been fairly steady over the last few years, but profitability has been choppy. After strong profits in 2021 and 2022, the bank posted a loss in 2023, then moved back to solid positive earnings in 2024. That swing suggests sizable one‑time charges or pressure from credit costs and higher funding costs. Operating profit has been under strain recently, even though bottom‑line earnings recovered, which may reflect restructuring actions, mix shifts in revenue, or accounting items. Overall, the income statement shows a franchise that can earn good money in normal conditions, but is working through margin pressure and cleanup from prior years.

Balance Sheet

Balance Sheet The balance sheet is large and relatively stable, with total assets moving within a narrow band over the last five years. Cash and liquid assets have increased meaningfully compared with earlier years, which supports flexibility and resilience. Debt levels are higher than a few years ago but not dramatically so for an institution of this size, and shareholder equity has only drifted down modestly from its prior peak. That combination suggests a generally solid capital base, though with somewhat more leverage and less of a cushion than a few years back, which regulators and investors will watch closely for a regional bank.

Cash Flow

Cash Flow Cash generation from the core business has been consistently positive but has trended down from its strongest period. Free cash flow has generally tracked operating cash flow closely, because Truist spends relatively little on physical capital investments compared with many non‑financial companies. The recent decline in operating cash flow versus the peak years indicates some pressure on underlying earnings and perhaps working capital, but not a structural cash problem. Overall, Truist is still producing cash, just at a lower run‑rate than during its best recent years.

Competitive Edge

Competitive Edge Truist is one of the larger regional banks in the U.S. with a strong foothold in fast‑growing southeastern and mid‑Atlantic markets. It benefits from a broad, diversified business mix that spans consumer banking, commercial banking, wealth management, and insurance, which spreads risk across different income streams. The bank also has a well‑known brand and long‑standing relationships in its core regions, supported by an extensive branch network. At the same time, it operates in a very competitive space, facing pressure from national banks, other regionals, and fintechs, so maintaining pricing power and deposit loyalty is an ongoing challenge.

Innovation and R&D

Innovation and R&D Truist is leaning heavily into digital innovation for a regional bank. It has built AI‑driven tools for customers, such as digital assistants and personalized insights, and uses advanced analytics to better understand client needs. The bank has also pushed into online lending and integrated cash‑management platforms for both small businesses and larger corporate clients, and it is working on moving key systems to cloud‑based platforms. Its corporate venture arm invests in fintech startups, giving early access to new technologies. The main risk is execution: these are multi‑year technology and branch‑upgrade programs that require careful delivery and ongoing spending before the full benefits show up in earnings.

Summary

Truist’s recent financial history reflects a solid underlying franchise going through a period of adjustment. Revenue has been fairly stable, but margins and profits have been volatile, including a loss year followed by a clear rebound. The balance sheet looks broadly sound, with ample assets and liquidity and only moderate shifts in leverage over time. Cash flow is positive but no longer at peak levels, pointing to some profit pressure. Competitively, Truist holds a strong regional position and diversified business model, and is investing heavily in digital capabilities, AI tools, and cloud infrastructure to defend and grow that position. The key things to watch are how well it restores and sustains higher, more stable profitability while executing its technology and branch‑investment plans without adding excessive risk or cost.

NEWS

November 26, 2025 · 9:10 AM UTC

Truist hires Lo Li to lead consumer and small business banking technology, data and operations

Read more

November 20, 2025 · 9:00 AM UTC

Truist to speak at the Goldman Sachs 2025 Financial Services Conference

Read more

November 19, 2025 · 9:10 AM UTC

Truist names Pascal Belaud as chief AI & data officer

Read more

November 17, 2025 · 9:13 AM UTC

Truist introduces team covering middle-market private equity sponsors, family offices

Read more

November 13, 2025 · 7:23 AM UTC

FreeWorld takes top honor at third Truist Foundation Inspire Awards

Read more