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TFC-PO

Truist Financial Corporation

TFC-PO

Truist Financial Corporation • NYSE
$21.65 ▼ -0.41% (-0.09)
Market Cap $28.13 B
52w High $23.47
52w Low $19.69
Dividend Yield 1.31%
P/E 4.83
Volume 17.93K
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

Five-Year Company Overview

Income Statement

Income Statement Truist’s income statement shows a business that has struggled with profitability recently despite fairly steady overall revenue. Earlier in the period, the bank generated solid operating and net profits, but in the last two years margins have compressed, operating income turned negative, and earnings swung from a loss back to a modest profit. That pattern suggests pressure from higher funding costs, credit provisions, and integration or restructuring costs. The return to profitability in the most recent year is encouraging, but earnings are still well below peak levels, and volatility in results is a clear risk to watch.

Balance Sheet

Balance Sheet The balance sheet reflects a very large, mature bank with fairly stable total assets over time. Cash and liquid resources have grown, which supports flexibility and resilience, while total debt has crept higher and equity dipped then recovered, indicating some balance sheet strain but not a dramatic shift. Management commentary about strong regulatory capital ratios supports the view that Truist remains well-capitalized relative to requirements. Overall, the balance sheet looks solid but not improving in a decisive way, and ongoing credit quality and funding costs remain important areas to monitor.

Cash Flow

Cash Flow Cash generation from the core business has been consistently positive but noticeably more volatile in recent years. Operating and free cash flow were strong and steady earlier in the period, then dropped back more recently, though they remained clearly positive even in tougher earnings years. Capital spending has been modest, so most cash from operations flows through to free cash flow, giving Truist room to fund technology investments, maintain the franchise, and support shareholder returns. The main message is that cash flow remains a strength, but its recent ups and downs mirror the pressure seen on profits.

Competitive Edge

Competitive Edge Truist holds a strong position as one of the larger U.S. regional banks, with meaningful scale, a broad product set, and a deep footprint in attractive growth markets across the Southeast and broader Sun Belt. Its mix of retail, commercial, wealth, capital markets, and insurance helps smooth out cycles and reduces dependence on any single line of business. Scale allows Truist to spend heavily on technology and talent in ways that smaller regional peers may struggle to match, which can reinforce its brand and client stickiness. On the other hand, it faces intense competition from national megabanks and nimble fintechs, so execution on its digital and branch strategy will be critical to maintaining and widening this competitive edge.

Innovation and R&D

Innovation and R&D Innovation at Truist is more about ongoing technology investment than traditional lab-style research, and it is a clear strategic priority. The bank is leaning into AI-driven tools, such as its virtual assistant and personalized insights engine, to deepen customer engagement and reduce routine workloads for staff. Its dedicated innovation center, push into embedded finance, expansion of digital lending, and venture investments in fintech partners show a deliberate effort to build a future-ready platform. The hybrid model—combining upgraded physical branches with richer digital experiences—aims to appeal to both tech-savvy younger clients and customers who still want in-person advice. The main uncertainties are whether these sizable investments will deliver a clear payoff in higher growth and better efficiency, and how quickly customers will adopt the new capabilities.

Summary

Overall, Truist Financial looks like a large, well-established regional bank that is solidly capitalized and strongly committed to a tech-forward strategy, but currently working through a period of earnings pressure. Revenues have held up, yet profitability has been squeezed, with a recent swing from loss back to profit that still leaves earnings below past highs. Cash flow and the balance sheet remain supportive, giving Truist room to invest heavily in AI, digital platforms, and modernized branches to differentiate itself in a crowded field. Its scale, diversification, and presence in growth markets are clear strengths, while key risks center on credit conditions, funding costs, competition from bigger banks and fintechs, and the execution of its ambitious digital and branch transformation plan.