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) has demonstrated consistent earnings and solid financial performance over the past four years, with improving net income figures in recent quarters. Here's a summary of key financial trends and points based on the latest quarterly data and history from 2022 through Q2 2025.
- Steady net income growth in 2024 and 2025: Net income rose from approximately $1.09 billion in Q1 2023 to $1.24 billion in Q2 2025, showing stable profitability.
- Improvement from prior losses in 2023: Truist returned to consistent net profits after a negative net income in Q2 2024 (-$3.9 billion) due largely to one-time items, with recovery and stable positive earnings thereafter.
- Strong net interest income: Net interest income steadily increased from $3.37 billion in Q1 2023 to $3.59 billion in Q4 2024 and was $3.59 billion in Q2 2025, supporting revenue stability.
- Revenue stability: Despite some volatility in non-interest income, total revenues ranged close to $5 billion in recent quarters, indicating solid underlying banking operations.
- Loan book growth: Net loans and leases grew from about $302 billion in early 2023 to nearly $319 billion in Q2 2025, signaling expanding lending activity.
- Controlled credit losses: Provisions for loan losses remain relatively stable around $450-$540 million per quarter, suggesting manageable credit risk.
- Elevated debt levels: Long-term debt has increased from roughly $31 billion in early 2023 to over $44 billion by Q2 2025, which may pressure interest expenses.
- Increasing interest expenses: Total interest expense rose from approximately $1.9 billion in Q1 2023 to $2.56 billion in Q2 2025, squeezing net interest margins to some extent.
- Higher non-interest expenses: Operating expenses, including salaries, marketing, and restructuring charges, have escalated to around $3 billion per quarter, impacting profitability.
- Strong cash flow from operating activities: Operating cash flow mostly exceeds $900 million to over $1.5 billion per quarter recently, indicating solid cash generation to support operations and financing.
In summary, Truist Financial has shown a solid recovery and growth trajectory with stable net income, expanding loan portfolios, and strong interest income generation. However, increasing debt levels and non-interest expenses warrant monitoring as they can impact future margins and financial flexibility. Overall, the fundamental financial health appears sound, supporting the bank's prospects for ongoing performance in the current economic environment.
08/09/25 03:26 AMAI Generated. May Contain Errors.