Annual Income Statements for Truist Financial
This table shows Truist Financial's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for Truist Financial
This table shows Truist Financial's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
Metric |
|
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Net Income / (Loss) Attributable to Common Shareholders |
|
1,610 |
1,410 |
1,234 |
1,071 |
-5,167 |
1,091 |
826 |
1,336 |
1,216 |
1,157 |
1,180 |
Consolidated Net Income / (Loss) |
|
1,682 |
1,515 |
1,345 |
1,183 |
-5,090 |
1,200 |
922 |
1,442 |
1,276 |
1,261 |
1,240 |
Net Income / (Loss) Continuing Operations |
|
1,194 |
1,410 |
1,169 |
1,109 |
-5,191 |
1,133 |
-3,906 |
1,439 |
1,289 |
1,261 |
1,240 |
Total Pre-Tax Income |
|
1,379 |
1,771 |
1,399 |
1,312 |
-5,247 |
1,365 |
-5,230 |
1,710 |
1,554 |
1,535 |
1,513 |
Total Revenue |
|
3,146 |
5,288 |
4,983 |
4,869 |
4,882 |
4,818 |
-1,685 |
5,085 |
5,060 |
4,899 |
4,987 |
Net Interest Income / (Expense) |
|
3,978 |
3,867 |
3,603 |
3,535 |
3,519 |
3,372 |
3,527 |
3,602 |
3,590 |
3,507 |
3,587 |
Total Interest Income |
|
5,235 |
5,784 |
6,175 |
6,227 |
6,266 |
6,184 |
6,351 |
6,352 |
6,179 |
5,988 |
6,154 |
Loans and Leases Interest Income |
|
4,220 |
4,656 |
4,915 |
4,976 |
4,971 |
4,865 |
4,879 |
4,852 |
4,634 |
4,493 |
4,657 |
Investment Securities Interest Income |
|
739 |
752 |
749 |
763 |
802 |
805 |
838 |
869 |
994 |
975 |
961 |
Other Interest Income |
|
276 |
376 |
511 |
488 |
493 |
514 |
634 |
631 |
551 |
520 |
536 |
Total Interest Expense |
|
1,257 |
1,917 |
2,572 |
2,692 |
2,747 |
2,812 |
2,824 |
2,750 |
2,589 |
2,481 |
2,567 |
Deposits Interest Expense |
|
683 |
1,125 |
1,527 |
1,858 |
1,917 |
1,964 |
2,016 |
2,014 |
1,855 |
1,736 |
1,844 |
Short-Term Borrowings Interest Expense |
|
242 |
278 |
311 |
343 |
354 |
366 |
362 |
282 |
303 |
336 |
292 |
Long-Term Debt Interest Expense |
|
332 |
514 |
734 |
491 |
476 |
482 |
446 |
454 |
431 |
409 |
431 |
Total Non-Interest Income |
|
-832 |
1,421 |
1,380 |
1,334 |
1,363 |
1,446 |
-5,212 |
1,483 |
1,470 |
1,392 |
1,400 |
Provision for Credit Losses |
|
467 |
502 |
538 |
497 |
572 |
500 |
451 |
448 |
471 |
458 |
488 |
Total Non-Interest Expense |
|
1,300 |
3,015 |
3,046 |
3,060 |
9,557 |
2,953 |
3,094 |
2,927 |
3,035 |
2,906 |
2,986 |
Salaries and Employee Benefits |
|
289 |
1,668 |
1,705 |
1,669 |
1,474 |
1,630 |
1,661 |
1,628 |
1,587 |
1,587 |
1,653 |
Net Occupancy & Equipment Expense |
|
220 |
271 |
253 |
253 |
262 |
248 |
249 |
241 |
291 |
245 |
268 |
Marketing Expense |
|
39 |
68 |
69 |
70 |
53 |
56 |
63 |
75 |
74 |
75 |
82 |
Property & Liability Insurance Claims |
|
52 |
75 |
73 |
77 |
599 |
152 |
85 |
51 |
56 |
69 |
55 |
Other Operating Expenses |
|
554 |
731 |
755 |
789 |
796 |
688 |
880 |
789 |
896 |
782 |
794 |
Depreciation Expense |
|
44 |
46 |
44 |
43 |
42 |
40 |
34 |
34 |
36 |
35 |
33 |
Amortization Expense |
|
35 |
100 |
99 |
98 |
98 |
88 |
89 |
84 |
84 |
75 |
73 |
Impairment Charge |
|
- |
- |
- |
- |
- |
0.00 |
0.00 |
- |
- |
0.00 |
0.00 |
Restructuring Charge |
|
67 |
56 |
48 |
61 |
155 |
51 |
33 |
25 |
11 |
38 |
28 |
Income Tax Expense |
|
185 |
361 |
230 |
203 |
-56 |
232 |
-1,324 |
271 |
265 |
274 |
273 |
Net Income / (Loss) Discontinued Operations |
|
- |
105 |
176 |
74 |
101 |
67 |
4,828 |
3.00 |
-13 |
0.00 |
0.00 |
Preferred Stock Dividends Declared |
|
71 |
103 |
75 |
106 |
77 |
106 |
77 |
106 |
60 |
104 |
60 |
Net Income / (Loss) Attributable to Noncontrolling Interest |
|
1.00 |
2.00 |
36 |
6.00 |
- |
3.00 |
19 |
0.00 |
- |
0.00 |
0.00 |
Basic Earnings per Share |
|
$1.21 |
$1.06 |
$0.93 |
$0.80 |
($3.88) |
$0.82 |
$0.62 |
$1.00 |
$0.92 |
$0.88 |
$0.91 |
Weighted Average Basic Shares Outstanding |
|
1.33B |
1.33B |
1.33B |
1.33B |
1.33B |
1.34B |
1.34B |
1.33B |
1.33B |
1.31B |
1.29B |
Diluted Earnings per Share |
|
$1.20 |
$1.05 |
$0.92 |
$0.80 |
($3.86) |
$0.81 |
$0.62 |
$0.99 |
$0.94 |
$0.87 |
$0.90 |
Weighted Average Diluted Shares Outstanding |
|
1.34B |
1.34B |
1.34B |
1.34B |
1.33B |
1.35B |
1.34B |
1.35B |
1.33B |
1.32B |
1.31B |
Weighted Average Basic & Diluted Shares Outstanding |
|
1.33B |
1.33B |
1.33B |
1.33B |
1.33B |
1.34B |
1.34B |
1.33B |
1.31B |
1.31B |
1.29B |
Cash Dividends to Common per Share |
|
- |
$0.52 |
$0.52 |
$0.52 |
- |
$0.52 |
$0.52 |
$0.52 |
- |
$0.52 |
$0.52 |
Annual Cash Flow Statements for Truist Financial
This table details how cash moves in and out of Truist Financial's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Net Change in Cash & Equivalents |
|
160 |
1,386 |
257 |
-1,324 |
888 |
15,221 |
-197 |
1,427 |
1,126 |
9,223 |
9,124 |
Net Cash From Operating Activities |
|
3,210 |
3,131 |
3,115 |
4,635 |
4,349 |
1,520 |
7,437 |
7,892 |
11,081 |
8,631 |
2,164 |
Net Cash From Continuing Operating Activities |
|
3,210 |
3,131 |
3,115 |
4,635 |
4,349 |
1,520 |
7,437 |
7,892 |
11,081 |
8,631 |
2,164 |
Net Income / (Loss) Continuing Operations |
|
2,206 |
2,123 |
2,442 |
2,415 |
3,257 |
3,237 |
4,492 |
6,437 |
6,267 |
-1,047 |
4,840 |
Consolidated Net Income / (Loss) |
|
2,206 |
2,123 |
2,442 |
2,415 |
3,257 |
3,237 |
4,492 |
6,437 |
6,267 |
-1,047 |
4,840 |
Provision For Loan Losses |
|
251 |
428 |
572 |
547 |
- |
615 |
2,335 |
-813 |
777 |
2,109 |
1,870 |
Depreciation Expense |
|
333 |
356 |
405 |
408 |
424 |
466 |
923 |
810 |
783 |
688 |
613 |
Amortization Expense |
|
91 |
105 |
150 |
142 |
131 |
164 |
685 |
574 |
583 |
527 |
366 |
Non-Cash Adjustments to Reconcile Net Income |
|
188 |
409 |
-224 |
405 |
652 |
313 |
-294 |
23 |
-2,260 |
5,199 |
1,601 |
Changes in Operating Assets and Liabilities, net |
|
141 |
-290 |
-230 |
718 |
-115 |
-3,275 |
-704 |
861 |
4,931 |
1,155 |
-7,126 |
Net Cash From Investing Activities |
|
-4,015 |
-1,849 |
-976 |
-5,410 |
-4,963 |
8,348 |
-43,652 |
-32,056 |
-29,972 |
22,858 |
18,598 |
Net Cash From Continuing Investing Activities |
|
-4,015 |
-1,849 |
-976 |
-5,410 |
-4,963 |
8,348 |
-43,652 |
-32,056 |
-29,972 |
22,858 |
18,598 |
Acquisitions |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
-17 |
12,174 |
Purchase of Investment Securities |
|
-11,105 |
-18,451 |
-18,143 |
-17,724 |
-11,035 |
-41,932 |
-70,112 |
-60,988 |
-45,817 |
-4,476 |
-46,058 |
Sale and/or Maturity of Investments |
|
7,090 |
15,547 |
17,893 |
12,314 |
6,499 |
44,248 |
29,714 |
30,570 |
20,518 |
27,351 |
52,482 |
Net Cash From Financing Activities |
|
965 |
104 |
-1,882 |
-549 |
1,502 |
5,353 |
36,018 |
25,591 |
20,017 |
-22,266 |
-11,638 |
Net Cash From Continuing Financing Activities |
|
965 |
104 |
-1,882 |
-549 |
1,502 |
5,353 |
36,018 |
25,591 |
20,017 |
-22,266 |
-10,888 |
Net Change in Deposits |
|
337 |
2,506 |
4,507 |
-2,842 |
3,838 |
2,917 |
48,599 |
35,423 |
-2,986 |
-17,630 |
-6,883 |
Issuance of Debt |
|
5,510 |
1,290 |
297 |
12,415 |
3,009 |
13,377 |
14,520 |
3,928 |
33,837 |
50,943 |
22,799 |
Repayment of Debt |
|
-4,333 |
-2,433 |
-5,849 |
-7,453 |
-2,636 |
-9,265 |
-28,278 |
-7,959 |
-7,297 |
-53,621 |
-22,438 |
Repurchase of Common Equity |
|
- |
0.00 |
-520 |
-1,613 |
-1,205 |
0.00 |
0.00 |
-1,616 |
-250 |
0.00 |
-1,000 |
Payment of Dividends |
|
-814 |
-937 |
-1,092 |
-1,179 |
-1,378 |
-1,459 |
-2,725 |
-2,852 |
-2,989 |
-3,131 |
-3,135 |
Other Financing Activities, Net |
|
265 |
-390 |
325 |
123 |
-126 |
-175 |
953 |
82 |
-298 |
1,173 |
-231 |
Cash Interest Paid |
|
765 |
734 |
775 |
819 |
1,408 |
1,921 |
1,834 |
859 |
2,007 |
9,138 |
11,340 |
Cash Income Taxes Paid |
|
322 |
655 |
844 |
429 |
99 |
443 |
126 |
792 |
479 |
780 |
830 |
Quarterly Cash Flow Statements for Truist Financial
This table details how cash moves in and out of Truist Financial's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
Metric |
|
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Net Change in Cash & Equivalents |
|
-804 |
15,175 |
-6,586 |
-178 |
812 |
4,341 |
5,894 |
-1,239 |
128 |
2,403 |
-720 |
Net Cash From Operating Activities |
|
3,534 |
118 |
3,730 |
2,407 |
2,376 |
-990 |
845 |
1,534 |
775 |
746 |
914 |
Net Cash From Continuing Operating Activities |
|
3,534 |
118 |
3,730 |
2,407 |
2,376 |
-990 |
845 |
1,534 |
775 |
746 |
914 |
Net Income / (Loss) Continuing Operations |
|
1,682 |
1,515 |
1,345 |
1,183 |
-5,090 |
1,200 |
922 |
1,442 |
1,276 |
1,261 |
1,240 |
Consolidated Net Income / (Loss) |
|
1,682 |
1,515 |
1,345 |
1,183 |
-5,090 |
1,200 |
922 |
1,442 |
1,276 |
1,261 |
1,240 |
Provision For Loan Losses |
|
467 |
502 |
538 |
497 |
572 |
500 |
451 |
448 |
471 |
458 |
488 |
Depreciation Expense |
|
202 |
180 |
170 |
172 |
166 |
164 |
151 |
145 |
153 |
145 |
139 |
Amortization Expense |
|
163 |
136 |
131 |
130 |
130 |
109 |
89 |
84 |
84 |
75 |
73 |
Non-Cash Adjustments to Reconcile Net Income |
|
-599 |
148 |
-618 |
407 |
5,262 |
52 |
1,978 |
223 |
-709 |
190 |
-7.00 |
Changes in Operating Assets and Liabilities, net |
|
1,619 |
-2,363 |
2,164 |
18 |
1,336 |
-3,015 |
-2,746 |
-808 |
-500 |
-1,383 |
-1,019 |
Net Cash From Investing Activities |
|
-10,763 |
-2,050 |
11,567 |
8,348 |
4,993 |
5,903 |
24,149 |
-3,494 |
-7,960 |
-1,631 |
-7,705 |
Net Cash From Continuing Investing Activities |
|
-10,763 |
-2,050 |
11,567 |
8,348 |
4,993 |
5,903 |
24,149 |
-3,494 |
-7,960 |
-1,631 |
-7,705 |
Purchase of Investment Securities |
|
-9,637 |
-1,975 |
4,951 |
4,095 |
-11,547 |
669 |
-21,214 |
-7,165 |
-18,564 |
-4,643 |
-15,764 |
Sale and/or Maturity of Investments |
|
2,222 |
-75 |
6,616 |
4,268 |
16,542 |
5,234 |
33,303 |
3,567 |
10,594 |
3,012 |
8,059 |
Net Cash From Financing Activities |
|
6,425 |
17,107 |
-21,883 |
-10,933 |
-6,557 |
-572 |
-19,100 |
721 |
7,313 |
3,288 |
6,071 |
Net Cash From Continuing Financing Activities |
|
6,425 |
17,107 |
-21,883 |
-10,933 |
-6,557 |
-572 |
-19,100 |
721 |
8,063 |
3,288 |
6,071 |
Net Change in Deposits |
|
-2,496 |
-8,498 |
1,046 |
-6,019 |
-4,159 |
-1,599 |
-10,397 |
2,367 |
2,746 |
13,212 |
2,386 |
Issuance of Debt |
|
9,981 |
35,029 |
6,858 |
6,285 |
2,771 |
9,623 |
74 |
2,198 |
12,397 |
552 |
15,534 |
Repayment of Debt |
|
-306 |
-8,220 |
-30,932 |
-10,410 |
-4,059 |
-7,750 |
-8,000 |
-2,491 |
-5,690 |
-9,131 |
-10,355 |
Repurchase of Common Equity |
|
- |
0.00 |
- |
- |
- |
0.00 |
- |
-500 |
-500 |
-500 |
-750 |
Payment of Dividends |
|
-760 |
-794 |
-768 |
-799 |
-770 |
-800 |
-773 |
-801 |
-761 |
-783 |
-730 |
Other Financing Activities, Net |
|
6.00 |
-410 |
1,913 |
10 |
-340 |
-46 |
-4.00 |
-52 |
-129 |
-62 |
-14 |
Cash Interest Paid |
|
1,025 |
1,667 |
2,374 |
2,389 |
2,708 |
2,826 |
2,965 |
2,873 |
2,676 |
2,378 |
2,589 |
Cash Income Taxes Paid |
|
57 |
23 |
537 |
225 |
-5.00 |
30 |
349 |
383 |
68 |
38 |
132 |
Annual Balance Sheets for Truist Financial
This table presents Truist Financial's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Total Assets |
|
186,834 |
209,947 |
219,276 |
221,642 |
225,697 |
473,078 |
509,228 |
541,241 |
555,255 |
535,349 |
531,176 |
Cash and Due from Banks |
|
1,639 |
2,123 |
2,041 |
2,370 |
2,753 |
4,084 |
5,029 |
5,085 |
5,379 |
5,000 |
5,793 |
Federal Funds Sold |
|
157 |
153 |
- |
- |
143 |
- |
1,745 |
- |
3,181 |
2,378 |
2,550 |
Interest Bearing Deposits at Other Banks |
|
529 |
1,435 |
1,895 |
343 |
1,091 |
14,981 |
13,839 |
15,210 |
16,042 |
25,230 |
33,975 |
Trading Account Securities |
|
41,147 |
43,827 |
43,606 |
48,673 |
45,981 |
90,250 |
124,660 |
167,880 |
134,419 |
125,805 |
123,204 |
Loans and Leases, Net of Allowance |
|
118,410 |
134,491 |
141,833 |
142,211 |
147,455 |
298,293 |
293,899 |
285,078 |
321,614 |
312,061 |
301,526 |
Loans and Leases |
|
119,884 |
135,951 |
143,322 |
143,701 |
149,013 |
299,842 |
299,734 |
289,513 |
325,991 |
312,061 |
306,383 |
Allowance for Loan and Lease Losses |
|
1,474 |
1,460 |
1,489 |
1,490 |
1,558 |
1,549 |
5,835 |
4,435 |
4,377 |
- |
4,857 |
Loans Held for Sale |
|
1,423 |
1,035 |
1,716 |
- |
988 |
- |
6,059 |
- |
1,444 |
1,280 |
1,388 |
Premises and Equipment, Net |
|
1,827 |
2,007 |
2,107 |
2,055 |
2,118 |
3,712 |
3,870 |
3,700 |
3,605 |
3,298 |
3,225 |
Goodwill |
|
6,869 |
8,548 |
9,638 |
9,618 |
9,818 |
24,154 |
24,447 |
26,098 |
27,013 |
17,156 |
17,125 |
Intangible Assets |
|
505 |
686 |
854 |
711 |
758 |
3,142 |
2,984 |
3,408 |
3,672 |
1,909 |
1,550 |
Other Assets |
|
13,954 |
15,186 |
15,098 |
15,291 |
14,592 |
34,462 |
32,696 |
34,782 |
38,886 |
46,030 |
40,840 |
Total Liabilities & Shareholders' Equity |
|
186,834 |
209,947 |
219,276 |
221,642 |
225,697 |
473,078 |
509,228 |
541,241 |
555,255 |
535,349 |
531,176 |
Total Liabilities |
|
162,457 |
182,607 |
189,350 |
191,947 |
195,519 |
406,520 |
438,316 |
471,970 |
494,718 |
476,096 |
467,497 |
Non-Interest Bearing Deposits |
|
38,786 |
45,695 |
50,697 |
157,371 |
53,025 |
92,405 |
127,629 |
145,892 |
135,742 |
111,624 |
107,451 |
Interest Bearing Deposits |
|
90,254 |
103,429 |
109,537 |
- |
108,174 |
242,322 |
253,448 |
270,596 |
277,753 |
284,241 |
283,073 |
Short-Term Debt |
|
3,717 |
3,593 |
1,406 |
4,938 |
5,178 |
18,218 |
6,092 |
5,292 |
23,422 |
24,828 |
29,205 |
Long-Term Debt |
|
23,312 |
23,769 |
21,965 |
23,648 |
23,709 |
41,339 |
39,597 |
35,913 |
43,203 |
38,918 |
34,956 |
Other Long-Term Liabilities |
|
6,388 |
6,121 |
5,745 |
5,990 |
5,433 |
12,236 |
11,550 |
14,277 |
14,598 |
16,485 |
12,812 |
Total Equity & Noncontrolling Interests |
|
24,377 |
27,340 |
29,926 |
29,695 |
30,178 |
66,558 |
70,912 |
69,271 |
60,537 |
59,253 |
63,679 |
Total Preferred & Common Equity |
|
24,289 |
27,306 |
29,881 |
29,648 |
30,122 |
66,384 |
70,807 |
69,271 |
60,514 |
59,101 |
63,679 |
Preferred Stock |
|
- |
- |
- |
3,053 |
- |
5,102 |
- |
6,673 |
- |
- |
5,907 |
Total Common Equity |
|
24,289 |
27,306 |
29,881 |
26,595 |
30,122 |
61,282 |
70,807 |
62,598 |
60,514 |
59,101 |
57,772 |
Common Stock |
|
10,120 |
12,267 |
13,151 |
11,803 |
10,666 |
42,320 |
42,588 |
41,204 |
41,178 |
42,846 |
42,208 |
Retained Earnings |
|
12,317 |
13,464 |
14,809 |
16,259 |
18,118 |
19,806 |
19,455 |
22,998 |
26,264 |
22,088 |
23,777 |
Accumulated Other Comprehensive Income / (Loss) |
|
-751 |
-1,028 |
-1,132 |
-1,467 |
-1,715 |
-844 |
716 |
-1,604 |
-13,601 |
-12,506 |
-8,213 |
Noncontrolling Interest |
|
88 |
34 |
45 |
47 |
56 |
174 |
105 |
0.00 |
23 |
152 |
0.00 |
Quarterly Balance Sheets for Truist Financial
This table presents Truist Financial's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Total Assets |
|
555,255 |
574,354 |
554,549 |
542,707 |
535,349 |
534,959 |
519,853 |
523,434 |
531,176 |
535,899 |
543,833 |
Cash and Due from Banks |
|
5,379 |
4,629 |
4,782 |
5,156 |
5,000 |
5,040 |
5,204 |
5,229 |
5,793 |
5,996 |
5,157 |
Federal Funds Sold |
|
3,181 |
3,637 |
2,315 |
2,018 |
2,378 |
2,091 |
2,338 |
2,973 |
2,550 |
2,810 |
2,656 |
Interest Bearing Deposits at Other Banks |
|
16,042 |
32,967 |
25,228 |
24,676 |
25,230 |
29,510 |
35,675 |
34,411 |
33,975 |
36,175 |
36,294 |
Trading Account Securities |
|
134,419 |
133,391 |
129,020 |
124,443 |
125,805 |
124,687 |
113,974 |
120,815 |
123,204 |
123,726 |
121,326 |
Loans and Leases, Net of Allowance |
|
321,614 |
323,194 |
317,486 |
311,006 |
312,061 |
302,421 |
300,884 |
298,242 |
306,383 |
303,768 |
313,897 |
Loans and Leases |
|
325,991 |
327,673 |
322,092 |
315,699 |
312,061 |
307,224 |
305,692 |
303,084 |
306,383 |
308,638 |
318,796 |
Allowance for Loan and Lease Losses |
|
4,377 |
4,479 |
4,606 |
4,693 |
- |
4,803 |
4,808 |
4,842 |
- |
4,870 |
4,899 |
Loans Held for Sale |
|
1,444 |
2,160 |
1,923 |
1,413 |
1,280 |
1,253 |
1,457 |
1,278 |
1,388 |
1,114 |
1,203 |
Premises and Equipment, Net |
|
3,605 |
3,519 |
3,453 |
3,394 |
3,298 |
3,274 |
3,244 |
3,251 |
3,225 |
3,168 |
3,197 |
Goodwill |
|
27,013 |
27,014 |
27,013 |
26,979 |
17,156 |
17,157 |
17,157 |
17,125 |
17,125 |
17,125 |
17,125 |
Intangible Assets |
|
3,672 |
3,535 |
3,403 |
3,292 |
1,909 |
1,816 |
1,729 |
1,635 |
1,550 |
1,473 |
1,399 |
Other Assets |
|
38,886 |
40,308 |
39,926 |
40,330 |
46,030 |
47,710 |
38,191 |
38,475 |
40,840 |
40,544 |
41,579 |
Total Liabilities & Shareholders' Equity |
|
555,255 |
574,354 |
554,549 |
542,707 |
535,349 |
534,959 |
519,853 |
523,434 |
531,176 |
535,899 |
543,833 |
Total Liabilities |
|
494,718 |
511,960 |
490,868 |
480,700 |
476,096 |
475,906 |
456,026 |
457,738 |
467,497 |
471,264 |
478,993 |
Non-Interest Bearing Deposits |
|
135,742 |
128,719 |
121,831 |
116,674 |
111,624 |
110,901 |
107,310 |
105,984 |
107,451 |
108,461 |
106,442 |
Interest Bearing Deposits |
|
277,753 |
276,278 |
284,212 |
283,350 |
284,241 |
283,364 |
278,101 |
281,794 |
283,073 |
295,275 |
299,680 |
Short-Term Debt |
|
23,422 |
23,678 |
24,456 |
23,485 |
24,828 |
26,329 |
22,816 |
20,859 |
29,205 |
23,730 |
16,631 |
Long-Term Debt |
|
43,203 |
69,895 |
44,749 |
41,232 |
38,918 |
39,071 |
34,616 |
36,770 |
34,956 |
32,030 |
44,427 |
Other Long-Term Liabilities |
|
14,598 |
13,390 |
15,620 |
15,959 |
16,485 |
16,241 |
13,183 |
12,331 |
12,812 |
11,768 |
11,813 |
Total Equity & Noncontrolling Interests |
|
60,537 |
62,394 |
63,681 |
62,007 |
59,253 |
59,053 |
63,827 |
65,696 |
63,679 |
64,635 |
64,840 |
Total Preferred & Common Equity |
|
60,514 |
62,372 |
63,526 |
61,840 |
59,101 |
58,821 |
63,827 |
65,696 |
63,679 |
64,635 |
64,840 |
Preferred Stock |
|
- |
6,673 |
6,673 |
- |
- |
- |
- |
- |
- |
5,907 |
5,907 |
Total Common Equity |
|
60,514 |
55,699 |
56,853 |
61,840 |
59,101 |
58,821 |
63,827 |
65,696 |
63,679 |
58,728 |
58,933 |
Common Stock |
|
41,178 |
41,242 |
42,650 |
42,782 |
42,846 |
42,887 |
43,055 |
42,658 |
42,208 |
41,726 |
41,067 |
Retained Earnings |
|
26,264 |
27,038 |
27,577 |
27,944 |
22,088 |
22,483 |
22,603 |
23,248 |
23,777 |
24,252 |
24,759 |
Accumulated Other Comprehensive Income / (Loss) |
|
-13,601 |
-12,581 |
-13,374 |
-15,559 |
-12,506 |
-13,222 |
-8,504 |
-6,883 |
-8,213 |
-7,250 |
-6,893 |
Noncontrolling Interest |
|
23 |
22 |
155 |
167 |
152 |
232 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Annual Metrics And Ratios for Truist Financial
This table displays calculated financial ratios and metrics derived from Truist Financial's official financial filings.
Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
-32.57% |
4.13% |
12.30% |
4.86% |
-40.96% |
88.09% |
80.66% |
-1.80% |
-10.42% |
0.25% |
-33.68% |
EBITDA Growth |
|
-54.12% |
-4.87% |
20.04% |
-4.41% |
19.07% |
0.74% |
52.31% |
32.42% |
-10.47% |
-94.64% |
-16.00% |
EBIT Growth |
|
-57.28% |
-6.72% |
19.99% |
-4.97% |
22.07% |
-1.01% |
36.18% |
46.04% |
-12.06% |
-110.88% |
21.44% |
NOPAT Growth |
|
27.51% |
-3.76% |
15.03% |
-1.11% |
34.87% |
-0.61% |
38.77% |
43.30% |
-10.22% |
-109.27% |
21.44% |
Net Income Growth |
|
27.51% |
-3.76% |
15.03% |
-1.11% |
34.87% |
-0.61% |
38.77% |
43.30% |
-2.64% |
-116.71% |
562.27% |
EPS Growth |
|
24.20% |
-5.88% |
8.20% |
-1.08% |
42.70% |
-5.12% |
-16.98% |
45.13% |
-0.89% |
-124.61% |
408.26% |
Operating Cash Flow Growth |
|
-39.53% |
-2.46% |
-0.51% |
48.80% |
-6.17% |
-65.05% |
389.28% |
6.12% |
40.41% |
-22.11% |
-74.93% |
Free Cash Flow Firm Growth |
|
78.34% |
-54.34% |
427.96% |
-166.78% |
196.26% |
-2,680.39% |
121.95% |
-10.31% |
-186.83% |
133.26% |
-245.05% |
Invested Capital Growth |
|
6.12% |
6.41% |
-2.57% |
9.35% |
1.35% |
113.52% |
-7.54% |
-5.25% |
15.10% |
-3.27% |
3.94% |
Revenue Q/Q Growth |
|
-30.89% |
1.71% |
1.97% |
1.27% |
-41.83% |
79.36% |
39.34% |
-16.70% |
-10.81% |
-6.21% |
-19.37% |
EBITDA Q/Q Growth |
|
-53.87% |
-2.09% |
4.08% |
-1.57% |
3.11% |
-1.27% |
15.50% |
2.96% |
-6.34% |
-94.22% |
106.54% |
EBIT Q/Q Growth |
|
-57.01% |
-2.90% |
4.07% |
-1.60% |
3.41% |
-3.16% |
16.17% |
4.28% |
-7.74% |
-111.77% |
91.19% |
NOPAT Q/Q Growth |
|
0.64% |
-2.79% |
4.31% |
1.00% |
4.42% |
-2.38% |
15.54% |
4.41% |
-6.59% |
-109.97% |
91.19% |
Net Income Q/Q Growth |
|
0.64% |
-2.79% |
4.31% |
1.00% |
4.42% |
-2.38% |
15.54% |
4.41% |
1.29% |
-118.29% |
417.17% |
EPS Q/Q Growth |
|
0.00% |
-4.83% |
2.97% |
2.24% |
5.39% |
-6.78% |
6.57% |
5.67% |
1.61% |
-127.46% |
333.33% |
Operating Cash Flow Q/Q Growth |
|
-36.59% |
-13.22% |
66.93% |
-14.75% |
-6.55% |
-54.42% |
62.20% |
43.67% |
-10.30% |
-11.83% |
-42.52% |
Free Cash Flow Firm Q/Q Growth |
|
-37.43% |
52.89% |
2,687.68% |
-472.32% |
-96.00% |
1.69% |
131.05% |
9.93% |
-2,372.29% |
198.47% |
-282.28% |
Invested Capital Q/Q Growth |
|
2.70% |
-0.05% |
-6.38% |
-0.60% |
0.00% |
84.84% |
-0.53% |
-1.33% |
8.07% |
-2.94% |
3.66% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
38.47% |
35.15% |
37.57% |
34.25% |
69.07% |
36.99% |
31.19% |
42.06% |
42.03% |
2.25% |
2.85% |
EBIT Margin |
|
33.88% |
30.35% |
32.43% |
29.39% |
60.76% |
31.98% |
24.10% |
35.85% |
35.19% |
-3.82% |
-4.53% |
Profit (Net Income) Margin |
|
23.90% |
22.09% |
22.63% |
21.34% |
48.74% |
25.76% |
19.78% |
28.87% |
31.38% |
-5.23% |
36.45% |
Tax Burden Percent |
|
70.55% |
72.78% |
69.77% |
72.61% |
80.22% |
80.54% |
82.08% |
80.53% |
89.16% |
136.86% |
-805.32% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
29.45% |
27.22% |
30.23% |
27.39% |
19.78% |
19.46% |
17.92% |
19.47% |
17.78% |
0.00% |
0.00% |
Return on Invested Capital (ROIC) |
|
4.42% |
4.00% |
4.52% |
4.33% |
5.55% |
3.50% |
3.70% |
5.67% |
4.86% |
-0.43% |
-0.34% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
4.42% |
4.00% |
4.52% |
4.33% |
5.55% |
3.50% |
3.70% |
5.67% |
5.77% |
-1.21% |
7.89% |
Return on Net Nonoperating Assets (RNNOA) |
|
4.93% |
4.21% |
4.01% |
3.77% |
5.33% |
3.20% |
2.83% |
3.51% |
4.79% |
-1.32% |
8.21% |
Return on Equity (ROE) |
|
9.35% |
8.21% |
8.53% |
8.10% |
10.88% |
6.69% |
6.54% |
9.18% |
9.66% |
-1.75% |
7.87% |
Cash Return on Invested Capital (CROIC) |
|
-1.52% |
-2.21% |
7.12% |
-4.60% |
4.21% |
-68.92% |
11.54% |
11.06% |
-9.18% |
2.90% |
-4.20% |
Operating Return on Assets (OROA) |
|
1.69% |
1.47% |
1.63% |
1.51% |
1.82% |
1.15% |
1.11% |
1.52% |
1.28% |
-0.14% |
-0.11% |
Return on Assets (ROA) |
|
1.19% |
1.07% |
1.14% |
1.10% |
1.46% |
0.93% |
0.91% |
1.23% |
1.14% |
-0.19% |
0.91% |
Return on Common Equity (ROCE) |
|
9.32% |
8.19% |
8.52% |
7.67% |
10.31% |
6.32% |
6.28% |
8.74% |
9.16% |
-1.75% |
7.86% |
Return on Equity Simple (ROE_SIMPLE) |
|
9.08% |
7.77% |
8.17% |
8.15% |
10.81% |
4.88% |
6.34% |
9.29% |
10.36% |
-1.77% |
7.60% |
Net Operating Profit after Tax (NOPAT) |
|
2,206 |
2,123 |
2,442 |
2,415 |
3,257 |
3,237 |
4,492 |
6,437 |
5,779 |
-536 |
-421 |
NOPAT Margin |
|
23.90% |
22.09% |
22.63% |
21.34% |
48.74% |
25.76% |
19.78% |
28.87% |
28.93% |
-2.67% |
-3.17% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
-0.91% |
0.78% |
-8.23% |
SG&A Expenses to Revenue |
|
44.97% |
46.86% |
46.34% |
45.10% |
77.42% |
45.81% |
43.19% |
45.76% |
40.14% |
39.03% |
58.77% |
Operating Expenses to Revenue |
|
63.40% |
65.20% |
62.27% |
65.78% |
30.77% |
63.13% |
65.61% |
67.80% |
60.92% |
93.29% |
90.44% |
Earnings before Interest and Taxes (EBIT) |
|
3,127 |
2,917 |
3,500 |
3,326 |
4,060 |
4,019 |
5,473 |
7,993 |
7,029 |
-765 |
-601 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
3,551 |
3,378 |
4,055 |
3,876 |
4,615 |
4,649 |
7,081 |
9,377 |
8,395 |
450 |
378 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
0.80 |
0.77 |
0.94 |
1.11 |
0.00 |
0.57 |
0.77 |
1.08 |
0.83 |
0.78 |
0.89 |
Price to Tangible Book Value (P/TBV) |
|
1.15 |
1.16 |
1.44 |
1.82 |
0.00 |
1.02 |
1.25 |
2.05 |
1.69 |
1.16 |
1.27 |
Price to Revenue (P/Rev) |
|
2.10 |
2.18 |
2.60 |
2.61 |
0.00 |
2.76 |
2.39 |
3.04 |
2.52 |
2.31 |
4.29 |
Price to Earnings (P/E) |
|
9.77 |
10.83 |
12.40 |
13.33 |
0.00 |
11.46 |
12.97 |
11.23 |
8.49 |
0.00 |
12.74 |
Dividend Yield |
|
3.53% |
3.91% |
3.33% |
3.36% |
4.63% |
3.78% |
4.47% |
3.67% |
5.27% |
6.00% |
4.85% |
Earnings Yield |
|
10.23% |
9.23% |
8.07% |
7.50% |
0.00% |
8.72% |
7.71% |
8.91% |
11.78% |
0.00% |
7.85% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.85 |
0.81 |
0.88 |
1.00 |
0.00 |
0.64 |
0.68 |
0.86 |
0.73 |
0.63 |
0.62 |
Enterprise Value to Revenue (EV/Rev) |
|
4.75 |
4.60 |
4.35 |
5.14 |
0.00 |
6.40 |
3.50 |
4.27 |
4.62 |
3.87 |
5.93 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
12.33 |
13.08 |
11.59 |
15.01 |
0.00 |
17.31 |
11.22 |
10.16 |
11.00 |
172.29 |
208.43 |
Enterprise Value to EBIT (EV/EBIT) |
|
14.01 |
15.15 |
13.43 |
17.50 |
0.00 |
20.02 |
14.51 |
11.92 |
13.14 |
0.00 |
0.00 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
19.85 |
20.82 |
19.25 |
24.10 |
0.00 |
24.86 |
17.68 |
14.81 |
15.98 |
0.00 |
0.00 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
13.64 |
14.12 |
15.09 |
12.56 |
0.00 |
52.95 |
10.68 |
12.08 |
8.34 |
8.98 |
36.41 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
0.00 |
12.22 |
0.00 |
0.00 |
0.00 |
5.67 |
7.59 |
0.00 |
21.37 |
0.00 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
1.11 |
1.00 |
0.78 |
0.96 |
0.96 |
0.89 |
0.64 |
0.59 |
1.10 |
1.08 |
1.01 |
Long-Term Debt to Equity |
|
0.96 |
0.87 |
0.73 |
0.80 |
0.79 |
0.62 |
0.56 |
0.52 |
0.71 |
0.66 |
0.55 |
Financial Leverage |
|
1.12 |
1.05 |
0.89 |
0.87 |
0.96 |
0.91 |
0.77 |
0.62 |
0.83 |
1.09 |
1.04 |
Leverage Ratio |
|
7.84 |
7.67 |
7.50 |
7.40 |
7.47 |
7.22 |
7.15 |
7.49 |
8.45 |
9.10 |
8.68 |
Compound Leverage Factor |
|
7.84 |
7.67 |
7.50 |
7.40 |
7.47 |
7.22 |
7.15 |
7.49 |
8.45 |
9.10 |
8.68 |
Debt to Total Capital |
|
52.58% |
50.02% |
43.85% |
49.05% |
48.91% |
47.22% |
39.18% |
37.30% |
52.39% |
51.83% |
50.19% |
Short-Term Debt to Total Capital |
|
7.23% |
6.57% |
2.64% |
8.47% |
8.77% |
14.45% |
5.22% |
4.79% |
18.42% |
20.19% |
22.85% |
Long-Term Debt to Total Capital |
|
45.35% |
43.45% |
41.21% |
40.58% |
40.14% |
32.78% |
33.96% |
32.51% |
33.97% |
31.64% |
27.34% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
5.24% |
0.00% |
4.05% |
0.00% |
6.04% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.17% |
0.06% |
0.08% |
0.08% |
0.09% |
0.14% |
0.09% |
0.00% |
0.02% |
0.12% |
0.00% |
Common Equity to Total Capital |
|
47.25% |
49.92% |
56.07% |
45.63% |
51.00% |
48.59% |
60.73% |
56.66% |
47.59% |
48.05% |
49.81% |
Debt to EBITDA |
|
7.61 |
8.10 |
5.76 |
7.38 |
6.26 |
12.81 |
6.45 |
4.39 |
7.94 |
141.66 |
169.74 |
Net Debt to EBITDA |
|
6.85 |
6.87 |
4.67 |
6.58 |
5.40 |
8.71 |
3.54 |
2.23 |
5.01 |
69.20 |
57.79 |
Long-Term Debt to EBITDA |
|
6.56 |
7.04 |
5.42 |
6.10 |
5.14 |
8.89 |
5.59 |
3.83 |
5.15 |
86.48 |
92.48 |
Debt to NOPAT |
|
12.25 |
12.89 |
9.57 |
11.84 |
8.87 |
18.40 |
10.17 |
6.40 |
11.53 |
-119.04 |
-152.51 |
Net Debt to NOPAT |
|
11.03 |
10.93 |
7.76 |
10.56 |
7.65 |
12.51 |
5.58 |
3.25 |
7.27 |
-58.15 |
-51.92 |
Long-Term Debt to NOPAT |
|
10.57 |
11.20 |
8.99 |
9.79 |
7.28 |
12.77 |
8.82 |
5.58 |
7.48 |
-72.68 |
-83.09 |
Noncontrolling Interest Sharing Ratio |
|
0.29% |
0.24% |
0.14% |
5.28% |
5.27% |
5.51% |
3.91% |
4.84% |
5.16% |
0.15% |
0.12% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
-760 |
-1,173 |
3,847 |
-2,569 |
2,473 |
-63,813 |
14,006 |
12,562 |
-10,907 |
3,628 |
-5,262 |
Operating Cash Flow to CapEx |
|
0.00% |
0.00% |
0.00% |
0.00% |
1,198.07% |
678.57% |
912.52% |
0.00% |
0.00% |
0.00% |
0.00% |
Free Cash Flow to Firm to Interest Expense |
|
-0.99 |
-1.60 |
5.16 |
-3.06 |
1.72 |
-30.45 |
8.13 |
16.36 |
-4.70 |
0.37 |
-0.48 |
Operating Cash Flow to Interest Expense |
|
4.18 |
4.26 |
4.18 |
5.52 |
3.02 |
0.73 |
4.32 |
10.28 |
4.77 |
0.87 |
0.20 |
Operating Cash Flow Less CapEx to Interest Expense |
|
4.18 |
4.26 |
4.18 |
5.52 |
2.77 |
0.62 |
3.85 |
10.28 |
4.77 |
0.87 |
0.20 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.05 |
0.05 |
0.05 |
0.05 |
0.03 |
0.04 |
0.05 |
0.04 |
0.04 |
0.04 |
0.02 |
Fixed Asset Turnover |
|
4.99 |
5.01 |
5.25 |
5.44 |
3.20 |
4.31 |
5.99 |
5.89 |
5.47 |
5.80 |
4.07 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
51,406 |
54,702 |
53,297 |
58,281 |
59,065 |
126,115 |
116,601 |
110,476 |
127,162 |
122,999 |
127,840 |
Invested Capital Turnover |
|
0.18 |
0.18 |
0.20 |
0.20 |
0.11 |
0.14 |
0.19 |
0.20 |
0.17 |
0.16 |
0.11 |
Increase / (Decrease) in Invested Capital |
|
2,966 |
3,296 |
-1,405 |
4,984 |
784 |
67,050 |
-9,514 |
-6,125 |
16,686 |
-4,163 |
4,841 |
Enterprise Value (EV) |
|
43,797 |
44,195 |
47,002 |
58,194 |
0.00 |
80,476 |
79,427 |
95,307 |
92,369 |
77,530 |
78,786 |
Market Capitalization |
|
19,379 |
20,966 |
28,010 |
29,591 |
0.00 |
34,708 |
54,246 |
67,724 |
50,323 |
46,240 |
56,943 |
Book Value per Share |
|
$33.72 |
$35.00 |
$36.83 |
$33.71 |
$38.97 |
$79.97 |
$52.52 |
$46.89 |
$45.61 |
$44.31 |
$47.97 |
Tangible Book Value per Share |
|
$23.48 |
$23.16 |
$23.90 |
$20.62 |
$25.29 |
$44.35 |
$32.18 |
$24.79 |
$22.48 |
$30.02 |
$33.90 |
Total Capital |
|
51,406 |
54,702 |
53,297 |
58,281 |
59,065 |
126,115 |
116,601 |
110,476 |
127,162 |
122,999 |
127,840 |
Total Debt |
|
27,029 |
27,362 |
23,371 |
28,586 |
28,887 |
59,557 |
45,689 |
41,205 |
66,625 |
63,746 |
64,161 |
Total Long-Term Debt |
|
23,312 |
23,769 |
21,965 |
23,648 |
23,709 |
41,339 |
39,597 |
35,913 |
43,203 |
38,918 |
34,956 |
Net Debt |
|
24,330 |
23,195 |
18,947 |
25,503 |
24,900 |
40,492 |
25,076 |
20,910 |
42,023 |
31,138 |
21,843 |
Capital Expenditures (CapEx) |
|
0.00 |
0.00 |
0.00 |
0.00 |
363 |
224 |
815 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
-488 |
512 |
-5,261 |
Net Nonoperating Obligations (NNO) |
|
27,029 |
27,362 |
23,371 |
28,586 |
28,887 |
59,557 |
45,689 |
41,205 |
66,625 |
63,746 |
64,161 |
Total Depreciation and Amortization (D&A) |
|
424 |
461 |
555 |
550 |
555 |
630 |
1,608 |
1,384 |
1,366 |
1,215 |
979 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$2.79 |
$2.59 |
$2.81 |
$2.78 |
$3.96 |
$3.76 |
$3.11 |
$4.51 |
$4.46 |
($1.09) |
$3.36 |
Adjusted Weighted Average Basic Shares Outstanding |
|
718.14M |
748.01M |
804.68M |
799.22M |
772.96M |
805.10M |
1.35B |
1.34B |
1.33B |
1.33B |
1.33B |
Adjusted Diluted Earnings per Share |
|
$2.75 |
$2.56 |
$2.77 |
$2.74 |
$3.91 |
$3.71 |
$3.08 |
$4.47 |
$4.43 |
($1.09) |
$3.36 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
728.37M |
757.77M |
814.92M |
810.98M |
783.48M |
815.20M |
1.36B |
1.35B |
1.34B |
1.33B |
1.33B |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
720.80M |
780.45M |
808.39M |
778.29M |
763.60M |
1.34B |
1.35B |
1.33B |
1.33B |
1.33B |
1.31B |
Normalized Net Operating Profit after Tax (NOPAT) |
|
2,325 |
2,368 |
2,561 |
2,783 |
3,374 |
3,527 |
5,198 |
7,099 |
6,162 |
3,943 |
-337 |
Normalized NOPAT Margin |
|
25.18% |
24.64% |
23.72% |
24.59% |
50.50% |
28.06% |
22.89% |
31.84% |
30.85% |
19.69% |
-2.54% |
Pre Tax Income Margin |
|
33.88% |
30.35% |
32.43% |
29.39% |
60.76% |
31.98% |
24.10% |
35.85% |
35.19% |
-3.82% |
-4.53% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
4.07 |
3.97 |
4.70 |
3.96 |
2.82 |
1.92 |
3.18 |
10.41 |
3.03 |
-0.08 |
-0.05 |
NOPAT to Interest Expense |
|
2.87 |
2.89 |
3.28 |
2.88 |
2.27 |
1.54 |
2.61 |
8.38 |
2.49 |
-0.05 |
-0.04 |
EBIT Less CapEx to Interest Expense |
|
4.07 |
3.97 |
4.70 |
3.96 |
2.57 |
1.81 |
2.71 |
10.41 |
3.03 |
-0.08 |
-0.05 |
NOPAT Less CapEx to Interest Expense |
|
2.87 |
2.89 |
3.28 |
2.88 |
2.01 |
1.44 |
2.14 |
8.38 |
2.49 |
-0.05 |
-0.04 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
36.90% |
44.14% |
44.72% |
48.82% |
42.31% |
45.07% |
60.66% |
44.31% |
47.69% |
-299.04% |
64.77% |
Augmented Payout Ratio |
|
36.90% |
44.14% |
66.01% |
115.61% |
79.31% |
45.07% |
60.66% |
69.41% |
51.68% |
-299.04% |
85.43% |
Quarterly Metrics And Ratios for Truist Financial
This table displays calculated financial ratios and metrics derived from Truist Financial's official financial filings.
Metric |
|
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
-43.48% |
-0.69% |
-11.88% |
-16.73% |
55.18% |
-8.89% |
-133.82% |
4.44% |
3.65% |
1.68% |
395.96% |
EBITDA Growth |
|
-24.57% |
0.43% |
-24.41% |
-30.55% |
-383.89% |
-21.51% |
-393.53% |
20.14% |
136.17% |
7.14% |
134.57% |
EBIT Growth |
|
-29.96% |
1.43% |
-26.52% |
-34.40% |
-480.49% |
-22.92% |
-473.84% |
30.34% |
129.62% |
12.45% |
128.93% |
NOPAT Growth |
|
-25.47% |
-0.42% |
-23.69% |
-32.25% |
-407.61% |
-19.65% |
-413.17% |
29.76% |
135.09% |
11.30% |
133.87% |
Net Income Growth |
|
4.99% |
6.99% |
-12.21% |
-27.73% |
-402.62% |
-20.79% |
-31.45% |
21.89% |
125.07% |
5.08% |
34.49% |
EPS Growth |
|
6.19% |
6.06% |
-15.60% |
-30.43% |
-421.67% |
-22.86% |
-32.61% |
23.75% |
124.35% |
7.41% |
45.16% |
Operating Cash Flow Growth |
|
-26.48% |
162.77% |
-5.93% |
-36.15% |
-32.77% |
-938.98% |
-77.35% |
-36.27% |
-67.38% |
175.35% |
8.17% |
Free Cash Flow Firm Growth |
|
-300.49% |
-664.02% |
-483.26% |
-95.21% |
103.16% |
164.53% |
132.30% |
160.89% |
-824.75% |
-83.71% |
-142.67% |
Invested Capital Growth |
|
15.10% |
50.02% |
24.13% |
7.69% |
-3.27% |
-20.21% |
-8.75% |
-2.68% |
3.94% |
-3.26% |
3.83% |
Revenue Q/Q Growth |
|
-46.19% |
-14.82% |
-5.77% |
-2.29% |
0.27% |
-35.30% |
-134.97% |
401.78% |
-0.49% |
-3.18% |
1.80% |
EBITDA Q/Q Growth |
|
-24.96% |
-12.46% |
-18.54% |
-5.06% |
-406.75% |
136.51% |
-404.64% |
138.86% |
-7.63% |
-2.01% |
-1.71% |
EBIT Q/Q Growth |
|
-31.05% |
-12.28% |
-21.01% |
-6.22% |
-499.92% |
128.54% |
-483.15% |
132.70% |
-9.12% |
-1.22% |
-1.43% |
NOPAT Q/Q Growth |
|
-27.06% |
-16.17% |
-17.09% |
-5.13% |
-431.19% |
133.84% |
-423.12% |
139.31% |
-10.42% |
-2.17% |
-1.67% |
Net Income Q/Q Growth |
|
2.75% |
-9.93% |
-11.22% |
-12.04% |
-530.26% |
123.58% |
-23.17% |
56.40% |
-11.51% |
-1.18% |
-1.67% |
EPS Q/Q Growth |
|
4.35% |
-12.50% |
-12.38% |
-13.04% |
-582.50% |
120.98% |
-23.46% |
59.68% |
-5.05% |
-7.45% |
3.45% |
Operating Cash Flow Q/Q Growth |
|
-6.26% |
-96.66% |
3,061.02% |
-35.47% |
-1.29% |
-141.67% |
185.35% |
81.54% |
-49.48% |
-3.74% |
22.52% |
Free Cash Flow Firm Q/Q Growth |
|
-280.64% |
-237.20% |
51.25% |
67.79% |
106.17% |
3,906.26% |
-75.60% |
-39.27% |
-173.42% |
249.75% |
-163.90% |
Invested Capital Q/Q Growth |
|
8.07% |
22.65% |
-14.80% |
-4.64% |
-2.94% |
1.18% |
-2.57% |
1.70% |
3.66% |
-5.82% |
4.57% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
55.44% |
39.47% |
34.12% |
33.15% |
-101.41% |
34.00% |
0.00% |
38.13% |
35.40% |
35.82% |
34.59% |
EBIT Margin |
|
43.83% |
33.49% |
28.08% |
26.95% |
-107.48% |
28.33% |
0.00% |
33.63% |
30.71% |
31.33% |
30.34% |
Profit (Net Income) Margin |
|
53.46% |
28.65% |
26.99% |
24.30% |
-104.26% |
24.91% |
0.00% |
28.36% |
25.22% |
25.74% |
24.86% |
Tax Burden Percent |
|
121.97% |
85.54% |
96.14% |
90.17% |
97.01% |
87.91% |
-17.63% |
84.33% |
82.11% |
82.15% |
81.96% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
13.42% |
20.38% |
16.44% |
15.47% |
0.00% |
17.00% |
0.00% |
15.85% |
17.05% |
17.85% |
18.04% |
Return on Invested Capital (ROIC) |
|
6.38% |
4.72% |
4.37% |
3.98% |
-12.04% |
3.84% |
0.00% |
3.73% |
2.70% |
2.81% |
4.03% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
7.28% |
4.88% |
4.68% |
4.10% |
-14.22% |
3.93% |
0.00% |
3.73% |
2.68% |
2.81% |
4.03% |
Return on Net Nonoperating Assets (RNNOA) |
|
6.05% |
5.07% |
4.18% |
4.06% |
-15.47% |
5.14% |
0.00% |
3.58% |
2.78% |
2.75% |
3.71% |
Return on Equity (ROE) |
|
12.43% |
9.79% |
8.55% |
8.04% |
-27.52% |
8.99% |
0.00% |
7.30% |
5.48% |
5.56% |
7.74% |
Cash Return on Invested Capital (CROIC) |
|
-9.18% |
-35.20% |
-16.62% |
-3.01% |
2.90% |
22.18% |
5.17% |
-1.10% |
-4.20% |
3.07% |
0.48% |
Operating Return on Assets (OROA) |
|
1.60% |
1.38% |
1.14% |
1.05% |
-3.95% |
1.17% |
0.00% |
1.04% |
0.76% |
0.78% |
1.14% |
Return on Assets (ROA) |
|
1.95% |
1.18% |
1.10% |
0.95% |
-3.83% |
1.03% |
0.00% |
0.88% |
0.63% |
0.64% |
0.94% |
Return on Common Equity (ROCE) |
|
11.79% |
9.27% |
8.08% |
8.03% |
-27.48% |
8.47% |
0.00% |
7.29% |
5.48% |
5.28% |
7.39% |
Return on Equity Simple (ROE_SIMPLE) |
|
0.00% |
10.21% |
9.73% |
9.26% |
0.00% |
-2.32% |
-2.80% |
-2.32% |
0.00% |
7.58% |
8.05% |
Net Operating Profit after Tax (NOPAT) |
|
1,194 |
1,410 |
1,169 |
1,109 |
-3,673 |
1,133 |
-3,661 |
1,439 |
1,289 |
1,261 |
1,240 |
NOPAT Margin |
|
37.95% |
26.66% |
23.46% |
22.78% |
-75.23% |
23.52% |
0.00% |
28.30% |
25.47% |
25.74% |
24.86% |
Net Nonoperating Expense Percent (NNEP) |
|
-0.91% |
-0.16% |
-0.31% |
-0.12% |
2.17% |
-0.08% |
-7.24% |
0.00% |
0.02% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
17.42% |
37.95% |
40.68% |
40.91% |
36.64% |
40.14% |
0.00% |
38.23% |
38.58% |
38.93% |
40.16% |
Operating Expenses to Revenue |
|
41.32% |
57.02% |
61.13% |
62.85% |
195.76% |
61.29% |
0.00% |
57.56% |
59.98% |
59.32% |
59.88% |
Earnings before Interest and Taxes (EBIT) |
|
1,379 |
1,771 |
1,399 |
1,312 |
-5,247 |
1,365 |
-5,230 |
1,710 |
1,554 |
1,535 |
1,513 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
1,744 |
2,087 |
1,700 |
1,614 |
-4,951 |
1,638 |
-4,990 |
1,939 |
1,791 |
1,755 |
1,725 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
0.83 |
0.74 |
0.66 |
0.58 |
0.78 |
0.86 |
0.80 |
0.87 |
0.89 |
0.91 |
0.96 |
Price to Tangible Book Value (P/TBV) |
|
1.69 |
1.64 |
1.42 |
1.14 |
1.16 |
1.27 |
1.14 |
1.22 |
1.27 |
1.34 |
1.39 |
Price to Revenue (P/Rev) |
|
2.52 |
1.79 |
1.68 |
1.69 |
2.31 |
2.21 |
3.16 |
3.48 |
4.29 |
4.02 |
2.81 |
Price to Earnings (P/E) |
|
8.49 |
6.87 |
6.48 |
6.76 |
0.00 |
0.00 |
0.00 |
0.00 |
12.74 |
11.84 |
11.52 |
Dividend Yield |
|
5.27% |
6.57% |
7.38% |
7.70% |
6.00% |
5.48% |
5.42% |
4.86% |
4.85% |
5.05% |
4.84% |
Earnings Yield |
|
11.78% |
14.57% |
15.43% |
14.80% |
0.00% |
0.00% |
0.00% |
0.00% |
7.85% |
8.44% |
8.68% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.73 |
0.64 |
0.61 |
0.54 |
0.63 |
0.64 |
0.54 |
0.59 |
0.62 |
0.58 |
0.63 |
Enterprise Value to Revenue (EV/Rev) |
|
4.62 |
4.36 |
3.64 |
3.23 |
3.87 |
3.48 |
4.03 |
4.39 |
5.93 |
5.27 |
3.95 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
11.00 |
11.09 |
9.56 |
8.86 |
172.29 |
137.10 |
0.00 |
0.00 |
208.43 |
142.22 |
10.98 |
Enterprise Value to EBIT (EV/EBIT) |
|
13.14 |
13.04 |
11.30 |
10.62 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
12.54 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
15.98 |
16.02 |
13.77 |
12.85 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
15.14 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
8.34 |
8.81 |
7.28 |
7.05 |
8.98 |
10.59 |
14.13 |
19.20 |
36.41 |
18.05 |
19.94 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
0.00 |
0.00 |
0.00 |
21.37 |
2.56 |
9.97 |
0.00 |
0.00 |
18.74 |
134.16 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
1.10 |
1.50 |
1.09 |
1.04 |
1.08 |
1.11 |
0.90 |
0.88 |
1.01 |
0.86 |
0.94 |
Long-Term Debt to Equity |
|
0.71 |
1.12 |
0.70 |
0.67 |
0.66 |
0.66 |
0.54 |
0.56 |
0.55 |
0.50 |
0.69 |
Financial Leverage |
|
0.83 |
1.04 |
0.89 |
0.99 |
1.09 |
1.31 |
0.99 |
0.96 |
1.04 |
0.98 |
0.92 |
Leverage Ratio |
|
8.45 |
8.78 |
8.68 |
8.88 |
9.10 |
9.13 |
8.43 |
8.35 |
8.68 |
8.66 |
8.27 |
Compound Leverage Factor |
|
8.45 |
8.78 |
8.68 |
8.88 |
9.10 |
9.13 |
8.43 |
8.35 |
8.68 |
8.66 |
8.27 |
Debt to Total Capital |
|
52.39% |
60.00% |
52.08% |
51.07% |
51.83% |
52.55% |
47.36% |
46.73% |
50.19% |
46.31% |
48.50% |
Short-Term Debt to Total Capital |
|
18.42% |
15.18% |
18.40% |
18.53% |
20.19% |
21.16% |
18.82% |
16.91% |
22.85% |
19.71% |
13.21% |
Long-Term Debt to Total Capital |
|
33.97% |
44.81% |
33.67% |
32.54% |
31.64% |
31.39% |
28.55% |
29.82% |
27.34% |
26.60% |
35.29% |
Preferred Equity to Total Capital |
|
0.00% |
4.28% |
5.02% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
4.91% |
4.69% |
Noncontrolling Interests to Total Capital |
|
0.02% |
0.01% |
0.12% |
0.13% |
0.12% |
0.19% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
47.59% |
35.71% |
42.78% |
48.80% |
48.05% |
47.26% |
52.64% |
53.27% |
49.81% |
48.78% |
46.81% |
Debt to EBITDA |
|
7.94 |
10.35 |
8.15 |
8.31 |
141.66 |
112.56 |
-9.40 |
-9.96 |
169.74 |
112.65 |
8.47 |
Net Debt to EBITDA |
|
5.01 |
5.79 |
4.34 |
4.22 |
69.20 |
49.50 |
-2.33 |
-2.60 |
57.79 |
21.78 |
2.35 |
Long-Term Debt to EBITDA |
|
5.15 |
7.73 |
5.27 |
5.30 |
86.48 |
67.25 |
-5.67 |
-6.36 |
92.48 |
64.71 |
6.16 |
Debt to NOPAT |
|
11.53 |
14.95 |
11.73 |
12.05 |
-119.04 |
-158.09 |
-11.36 |
-12.07 |
-152.51 |
-184.82 |
11.68 |
Net Debt to NOPAT |
|
7.27 |
8.36 |
6.25 |
6.12 |
-58.15 |
-69.52 |
-2.81 |
-3.14 |
-51.92 |
-35.73 |
3.24 |
Long-Term Debt to NOPAT |
|
7.48 |
11.16 |
7.59 |
7.68 |
-72.68 |
-94.44 |
-6.85 |
-7.70 |
-83.09 |
-106.17 |
8.50 |
Noncontrolling Interest Sharing Ratio |
|
5.16% |
5.27% |
5.41% |
0.15% |
0.15% |
5.70% |
0.00% |
0.13% |
0.12% |
4.96% |
4.59% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
-15,492 |
-50,593 |
-24,663 |
-7,945 |
490 |
32,647 |
7,966 |
4,838 |
-3,552 |
5,319 |
-3,399 |
Operating Cash Flow to CapEx |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Free Cash Flow to Firm to Interest Expense |
|
-12.32 |
-26.39 |
-9.59 |
-2.95 |
0.18 |
11.61 |
2.82 |
1.76 |
-1.37 |
2.14 |
-1.32 |
Operating Cash Flow to Interest Expense |
|
2.81 |
0.06 |
1.45 |
0.89 |
0.86 |
-0.35 |
0.30 |
0.56 |
0.30 |
0.30 |
0.36 |
Operating Cash Flow Less CapEx to Interest Expense |
|
2.81 |
0.06 |
1.45 |
0.89 |
0.86 |
-0.35 |
0.30 |
0.56 |
0.30 |
0.30 |
0.36 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.03 |
0.03 |
0.02 |
0.03 |
0.04 |
Fixed Asset Turnover |
|
5.47 |
6.41 |
6.26 |
6.12 |
5.80 |
6.75 |
4.85 |
4.96 |
4.07 |
4.15 |
6.22 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
127,162 |
155,967 |
132,886 |
126,724 |
122,999 |
124,453 |
121,259 |
123,325 |
127,840 |
120,395 |
125,898 |
Invested Capital Turnover |
|
0.17 |
0.18 |
0.19 |
0.17 |
0.16 |
0.16 |
0.13 |
0.13 |
0.11 |
0.11 |
0.16 |
Increase / (Decrease) in Invested Capital |
|
16,686 |
52,003 |
25,832 |
9,054 |
-4,163 |
-31,514 |
-11,627 |
-3,399 |
4,841 |
-4,058 |
4,639 |
Enterprise Value (EV) |
|
92,369 |
100,295 |
81,241 |
69,012 |
77,530 |
79,657 |
65,557 |
72,291 |
78,786 |
70,401 |
79,155 |
Market Capitalization |
|
50,323 |
41,260 |
37,533 |
35,978 |
46,240 |
50,666 |
51,342 |
57,275 |
56,943 |
53,715 |
56,297 |
Book Value per Share |
|
$45.61 |
$41.94 |
$42.69 |
$46.43 |
$44.31 |
$44.06 |
$47.70 |
$49.06 |
$47.97 |
$44.99 |
$45.00 |
Tangible Book Value per Share |
|
$22.48 |
$18.94 |
$19.85 |
$23.70 |
$30.02 |
$29.85 |
$33.59 |
$35.05 |
$33.90 |
$30.74 |
$30.86 |
Total Capital |
|
127,162 |
155,967 |
132,886 |
126,724 |
122,999 |
124,453 |
121,259 |
123,325 |
127,840 |
120,395 |
125,898 |
Total Debt |
|
66,625 |
93,573 |
69,205 |
64,717 |
63,746 |
65,400 |
57,432 |
57,629 |
64,161 |
55,760 |
61,058 |
Total Long-Term Debt |
|
43,203 |
69,895 |
44,749 |
41,232 |
38,918 |
39,071 |
34,616 |
36,770 |
34,956 |
32,030 |
44,427 |
Net Debt |
|
42,023 |
52,340 |
36,880 |
32,867 |
31,138 |
28,759 |
14,215 |
15,016 |
21,843 |
10,779 |
16,951 |
Capital Expenditures (CapEx) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Expense (NNE) |
|
-488 |
-105 |
-176 |
-74 |
1,417 |
-67 |
-4,583 |
-3.00 |
13 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
66,625 |
93,573 |
69,205 |
64,717 |
63,746 |
65,400 |
57,432 |
57,629 |
64,161 |
55,760 |
61,058 |
Total Depreciation and Amortization (D&A) |
|
365 |
316 |
301 |
302 |
296 |
273 |
240 |
229 |
237 |
220 |
212 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$1.21 |
$1.06 |
$0.93 |
$0.80 |
($3.88) |
$0.82 |
$0.62 |
$1.00 |
$0.92 |
$0.88 |
$0.91 |
Adjusted Weighted Average Basic Shares Outstanding |
|
1.33B |
1.33B |
1.33B |
1.33B |
1.33B |
1.34B |
1.34B |
1.33B |
1.33B |
1.31B |
1.29B |
Adjusted Diluted Earnings per Share |
|
$1.20 |
$1.05 |
$0.92 |
$0.80 |
($3.86) |
$0.81 |
$0.62 |
$0.99 |
$0.94 |
$0.87 |
$0.90 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
1.34B |
1.34B |
1.34B |
1.34B |
1.33B |
1.35B |
1.34B |
1.35B |
1.33B |
1.32B |
1.31B |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
1.33B |
1.33B |
1.33B |
1.33B |
1.33B |
1.34B |
1.34B |
1.33B |
1.31B |
1.31B |
1.29B |
Normalized Net Operating Profit after Tax (NOPAT) |
|
1,252 |
1,455 |
1,209 |
1,161 |
-3,564 |
1,175 |
-3,638 |
1,460 |
1,298 |
1,292 |
1,263 |
Normalized NOPAT Margin |
|
39.80% |
27.51% |
24.26% |
23.84% |
-73.01% |
24.39% |
0.00% |
28.71% |
25.65% |
26.38% |
25.32% |
Pre Tax Income Margin |
|
43.83% |
33.49% |
28.08% |
26.95% |
-107.48% |
28.33% |
0.00% |
33.63% |
30.71% |
31.33% |
30.34% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
1.10 |
0.92 |
0.54 |
0.49 |
-1.91 |
0.49 |
-1.85 |
0.62 |
0.60 |
0.62 |
0.59 |
NOPAT to Interest Expense |
|
0.95 |
0.74 |
0.45 |
0.41 |
-1.34 |
0.40 |
-1.30 |
0.52 |
0.50 |
0.51 |
0.48 |
EBIT Less CapEx to Interest Expense |
|
1.10 |
0.92 |
0.54 |
0.49 |
-1.91 |
0.49 |
-1.85 |
0.62 |
0.60 |
0.62 |
0.59 |
NOPAT Less CapEx to Interest Expense |
|
0.95 |
0.74 |
0.45 |
0.41 |
-1.34 |
0.40 |
-1.30 |
0.52 |
0.50 |
0.51 |
0.48 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
47.69% |
48.04% |
50.33% |
54.52% |
-299.04% |
-230.32% |
-176.02% |
-206.03% |
64.77% |
63.62% |
58.92% |
Augmented Payout Ratio |
|
51.68% |
51.96% |
50.33% |
54.52% |
-299.04% |
-230.32% |
-176.02% |
-238.79% |
85.43% |
94.23% |
102.03% |
Key Financial Trends
Truist Financial (NYSE: TFC) Key Financial Trends - Last Four Years Analysis
Truist Financial has demonstrated notable financial dynamics across its recent quarters spanning 2022 to mid-2025, reflecting strong operational performance with some volatility primarily due to macroeconomic factors. Below is an analysis highlighting key positive, neutral, and negative financial trends observed from the provided income statements, balance sheets, and cash flow statements.
- Consistent Net Income Growth: Truist's net income generally increased from around $1.5 billion in early 2023 to over $1.24 billion in Q2 2025 on continuing operations, showing resilience and profitability in recent quarters after recovering from loss periods in late 2023.
- Solid Net Interest Income: Net interest income remained robust, rising from the $3.3-$3.6 billion range in 2023 and 2024 to about $3.59 billion in Q4 2024 and sustaining over $3.5 billion in 2025, driven by higher loan & lease interest income.
- Improved Operating Cash Flow: Net cash from continuing operating activities showed strong positive trends, notably $914 million in Q2 2025 and $746 million in Q1 2025, indicating efficient cash generation from core banking operations.
- Growth in Deposits: Both interest-bearing and non-interest-bearing deposits increased steadily, reaching upwards of $406 billion by mid-2025, providing a stable funding base.
- Controlled Provision for Loan Losses: Provision for loan losses mostly ranged around $450-$570 million per quarter, reflecting prudent risk management in credit exposure despite economic uncertainties.
- Stable Dividend Payments: The company consistently declared dividends of $0.52 per common share quarterly, indicating a stable return policy to shareholders.
- Moderate Share Repurchases: Repurchases of common equity ranged between $500 to $750 million in 2025 quarters, suggesting moderate shareholder capital returns without aggressive buyback programs.
- Use of Debt Financing: The issuance and repayment of debt fluctuate, with $15.5 billion issued and $10.3 billion repaid in Q2 2025, illustrating active management of the balance sheet's debt profile.
- Volatile Non-Interest Income in 2024 Q2: Unusually negative total non-interest income (-$5.2 billion) was observed in Q2 2024, significantly impacting total revenue and pre-tax income; this anomaly may warrant further investigation.
- Losses and Volatility in 2023 Q4: The company reported a large net loss continuing operations (-$5.19 billion) in Q4 2023, one-off impacts severely affected the quarterly results; however, Truist rebounded afterward.
Summary: Truist Financial has shown overall financial improvement and stability over the recent years, with steady net interest income growth, effective deposit accumulation, and positive cash flow from operating activities. Despite challenges such as the 2023 Q4 loss and irregular non-interest income impacts in 2024, the firm continues to generate solid earnings and maintain shareholder returns through dividends and equity repurchases. Investors should watch how Truist manages credit risks and secures consistent non-interest income streams moving forward for sustained growth and profitability.
08/29/25 07:38 AM ETAI Generated. May Contain Errors.