Truist Financial Statements From 2010 to 2025

TFC Stock  USD 41.05  0.50  1.23%   
Truist Financial financial statements provide useful quarterly and yearly information to potential Truist Financial Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Truist Financial financial statements helps investors assess Truist Financial's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Truist Financial's valuation are summarized below:
Gross Profit
11.4 B
Profit Margin
0.4223
Market Capitalization
52.9 B
Enterprise Value Revenue
8.392
Revenue
11.4 B
We have found one hundred twenty available fundamental trend indicators for Truist Financial Corp, which can be analyzed and compared to other ratios and to its competition. Investors should ensure to double-check all of Truist Financial's current performance against the performance from 2010 to 2025 to make sure the company is sustainable down the road. The current year's Market Cap is expected to grow to about 38.1 B. The current year's Enterprise Value is expected to grow to about 62.5 B

Truist Financial Total Revenue

26.32 Billion

Check Truist Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Truist Financial's main balance sheet or income statement drivers, such as Other Operating Expenses of 13.9 B, Total Operating Expenses of 2.7 B or Net Income of 5.1 B, as well as many indicators such as Price To Sales Ratio of 3.32, Dividend Yield of 0.0278 or PTB Ratio of 1.77. Truist financial statements analysis is a perfect complement when working with Truist Financial Valuation or Volatility modules.
  
Check out the analysis of Truist Financial Correlation against competitors.

Truist Financial Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding1.4 B1.3 B935.9 M
Slightly volatile
Total Assets557.7 B531.2 B331.9 B
Slightly volatile
Short and Long Term Debt Total67.4 B64.2 B38.1 B
Slightly volatile
Total Current Liabilities143.5 B136.7 B103.4 B
Slightly volatile
Total Stockholder Equity66.9 B63.7 B41.2 B
Slightly volatile
Property Plant And Equipment Net1.9 B3.2 BB
Slightly volatile
Retained Earnings25 B23.8 B16.5 B
Slightly volatile
Cash41.8 B39.8 B13.6 B
Slightly volatile
Non Current Assets Total589.1 B561 B210.4 B
Slightly volatile
Cash And Short Term Investments4.3 B4.6 B33.8 B
Pretty Stable
Liabilities And Stockholders Equity557.7 B531.2 B331.9 B
Slightly volatile
Non Current Liabilities Total68.9 B65.6 B34.9 B
Slightly volatile
Other Stockholder Equity37.4 B35.6 B19.2 B
Slightly volatile
Total Liabilities490.9 B467.5 B290.6 B
Slightly volatile
Total Current Assets74.3 B47.5 B103.8 B
Slightly volatile
Short Term Debt30.7 B29.2 B10.1 B
Slightly volatile
Common Stock Total Equity3.9 B7.6 B4.8 B
Slightly volatile
Property Plant And Equipment Gross8.6 B8.2 B4.5 B
Slightly volatile
Common Stock4.3 B6.6 B4.7 B
Slightly volatile
Good Will12.3 B17.1 B13.6 B
Slightly volatile
Short Term Investments4.3 B4.6 B26.4 B
Very volatile
Other Current Assets60.6 B47.5 B74.1 B
Slightly volatile
Intangible Assets2.8 B1.6 BB
Slightly volatile
Accounts Payable499.3 B475.5 B186.9 B
Slightly volatile
Net Receivables1.8 B1.9 B3.7 B
Slightly volatile
Net Tangible Assets22.9 B26.6 B20.3 B
Slightly volatile
Noncontrolling Interest In Consolidated Entity81.2 M120.8 M81.9 M
Slightly volatile
Long Term Debt33.1 B35 B28.9 B
Slightly volatile
Retained Earnings Total Equity17.4 B26.4 B16.8 B
Slightly volatile
Long Term Debt Total31.7 B49.7 B30 B
Slightly volatile
Capital Surpluse41.7 B39.7 B20 B
Slightly volatile
Long Term Investments185.5 B121.5 B164.9 B
Pretty Stable
Preferred Stock Total Equity4.8 B7.7 B4.3 B
Slightly volatile
Non Current Liabilities Other9.1 B16.4 B9.5 B
Slightly volatile
Property Plant Equipment2.9 B4.1 B2.7 B
Slightly volatile
Other Liabilities6.9 B11.6 B5.1 B
Slightly volatile
Earning Assets221.1 B210.6 B103.7 B
Slightly volatile
Short and Long Term Debt12.3 B17.6 B7.6 B
Slightly volatile
Net Invested Capital107.8 B110.4 B79.9 B
Slightly volatile
Capital Stock13.5 B12.5 B9.6 B
Slightly volatile

Truist Financial Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Other Operating Expenses13.9 B13.3 B9.6 B
Slightly volatile
Interest Expense11.5 B11 BB
Slightly volatile
Selling General Administrative1.8 B1.3 B2.4 B
Slightly volatile
Total Revenue26.3 B25.1 B14.3 B
Slightly volatile
Gross Profit772.4 M813 M11.2 B
Slightly volatile
Selling And Marketing Expenses254.6 M268 M1.7 B
Slightly volatile
Preferred Stock And Other Adjustments491.5 M468.1 M237 M
Slightly volatile
Net Income Applicable To Common Shares3.4 B6.8 B3.4 B
Slightly volatile
Net Interest Income11.3 B14.1 B8.8 B
Slightly volatile
Interest Income15.6 B25.1 B11.6 B
Slightly volatile
Reconciled Depreciation971.9 M979 M743.1 M
Slightly volatile

Truist Financial Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow32.2 B30.6 B10.7 B
Slightly volatile
DepreciationB979 M757 M
Slightly volatile
Dividends Paid3.3 B3.1 B1.7 B
Slightly volatile
Total Cash From Operating Activities2.8 B2.2 B4.6 B
Slightly volatile
End Period Cash Flow41.8 B39.8 B13.7 B
Slightly volatile
Stock Based Compensation386.4 M368 M198.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.322.30362.7956
Slightly volatile
Dividend Yield0.02780.05430.0365
Slightly volatile
PTB Ratio1.770.90681.1093
Very volatile
Days Sales Outstanding104182132
Slightly volatile
Book Value Per Share50.2347.839840.5472
Slightly volatile
Operating Cash Flow Per Share2.771.62574.7412
Very volatile
Stock Based Compensation To Revenue0.00890.01240.0117
Slightly volatile
Capex To Depreciation0.01050.0113.4561
Slightly volatile
PB Ratio1.770.90681.1093
Very volatile
EV To Sales6.174.86334.8556
Pretty Stable
Sales General And Administrative To Revenue0.05070.05330.3284
Slightly volatile
Capex To Revenue6.0E-47.0E-40.1652
Slightly volatile
Cash Per Share5.543.4229.6251
Slightly volatile
POCF Ratio19.9826.683310.961
Slightly volatile
Capex To Operating Cash Flow0.00170.00180.4878
Slightly volatile
EV To Operating Cash Flow36.6356.332519.6063
Slightly volatile
Intangibles To Total Assets0.03780.03520.0479
Slightly volatile
Current Ratio0.360.34730.0947
Slightly volatile
Tangible Book Value Per Share35.533.8124.3105
Slightly volatile
Receivables Turnover1.972.074.9577
Slightly volatile
Graham Number28.1556.1851.1247
Slightly volatile
Shareholders Equity Per Share50.2347.839840.483
Slightly volatile
Debt To Equity1.891.00761.084
Pretty Stable
Capex Per Share0.01090.01152.2872
Pretty Stable
Revenue Per Share19.7718.831214.6932
Slightly volatile
Interest Debt Per Share29.9956.447140.1164
Slightly volatile
Debt To Assets0.180.12080.1248
Very volatile
Short Term Coverage Ratios0.07040.07410.7011
Pretty Stable
Operating Cycle104182132
Slightly volatile
Price Book Value Ratio1.770.90681.1093
Very volatile
Price To Operating Cash Flows Ratio19.9826.683310.961
Slightly volatile
Ebt Per Ebit1.01.121.2258
Slightly volatile
Company Equity Multiplier11.428.34158.7568
Pretty Stable
Long Term Debt To Capitalization0.350.35440.4078
Pretty Stable
Total Debt To Capitalization0.660.50190.51
Pretty Stable
Debt Equity Ratio1.891.00761.084
Pretty Stable
Quick Ratio0.360.34730.0947
Slightly volatile
Dividend Paid And Capex Coverage Ratio0.660.69032.1947
Slightly volatile
Cash Ratio0.08830.08410.0434
Slightly volatile
Cash Conversion Cycle104182132
Slightly volatile
Operating Cash Flow Sales Ratio0.0820.08630.3283
Slightly volatile
Days Of Sales Outstanding104182132
Slightly volatile
Cash Flow Coverage Ratios0.0320.03370.1319
Slightly volatile
Price To Book Ratio1.770.90681.1093
Very volatile
Fixed Asset Turnover8.167.77244.5569
Pretty Stable
Capital Expenditure Coverage Ratio48045796.8613
Slightly volatile
Price Cash Flow Ratio19.9826.683310.961
Slightly volatile
Debt Ratio0.180.12080.1248
Very volatile
Cash Flow To Debt Ratio0.0320.03370.1319
Slightly volatile
Price Sales Ratio3.322.30362.7956
Slightly volatile
Asset Turnover0.05580.04720.0473
Slightly volatile
Gross Profit Margin0.02590.02920.0318
Slightly volatile
Price Fair Value1.770.90681.1093
Very volatile

Truist Financial Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap38.1 B36.3 B34.8 B
Slightly volatile
Enterprise Value62.5 B59.5 B58.3 B
Slightly volatile

Truist Fundamental Market Drivers

Forward Price Earnings9.8912
Cash And Short Term Investments4.6 B

Truist Upcoming Events

18th of April 2024
Upcoming Quarterly Report
View
18th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
16th of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Truist Financial Financial Statements

Truist Financial stakeholders use historical fundamental indicators, such as Truist Financial's revenue or net income, to determine how well the company is positioned to perform in the future. Although Truist Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in Truist Financial's assets and liabilities are reflected in the revenues and expenses on Truist Financial's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Truist Financial Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue-15.6 B-16.4 B
Total Revenue25.1 B26.3 B
Cost Of Revenue24.3 B25.5 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.05  0.05 
Revenue Per Share 18.83  19.77 
Ebit Per Revenue(0.02)(0.02)

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Truist Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Truist Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Truist Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Truist Financial Corp Stock:
Check out the analysis of Truist Financial Correlation against competitors.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Truist Financial. If investors know Truist will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Truist Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.239
Dividend Share
2.08
Earnings Share
(0.30)
Revenue Per Share
8.57
Quarterly Revenue Growth
0.065
The market value of Truist Financial Corp is measured differently than its book value, which is the value of Truist that is recorded on the company's balance sheet. Investors also form their own opinion of Truist Financial's value that differs from its market value or its book value, called intrinsic value, which is Truist Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Truist Financial's market value can be influenced by many factors that don't directly affect Truist Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Truist Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Truist Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Truist Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.