← TRUIST FINANCIAL CORP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Available to Common Stockholders, Basic $2.3b
$2.2b -1.73%
$3.1b +37.97%
$3.0b -1.14%
$4.2b +38.18%
$6.0b +44.19%
$5.9b -1.76%
($1.5b) -124.50%
$4.5b +407.78%
$5.0b +11.30%
—
Net Income (Loss) Attributable to Noncontrolling Interest $16.0m $21.0m $20.0m $13.0m $10.0m ($3.0m) $7.0m $44.0m $22.0m $0 —
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $2.4b $2.4b $3.3b $3.2b $4.5b $6.4b $6.3b ($1.0b) $4.8b $5.3b —
Amortization Cash Flow — — — — — — $583.0m $527.0m $366.0m $290.0m —
Amortization Of Intangibles $150.0m $142.0m $131.0m $164.0m $685.0m $574.0m $583.0m $527.0m $366.0m $290.0m $269.0m
Amortization of Intangible Assets $150.0m $142.0m $131.0m $164.0m $685.0m $574.0m $583.0m $527.0m $345.0m $290.0m —
Capitalized Computer Software, Amortization — — $272.0m $338.0m $862.0m $945.0m $932.0m $929.0m $896.0m $936.0m —
Depreciation $405.0m $408.0m $424.0m $466.0m $923.0m $810.0m $783.0m $688.0m $613.0m $547.0m $520.0m
Depreciation Amortization Depletion — — — — — — $1.4b $1.2b $979.0m $837.0m $789.0m
Deferred Income Tax Expense (Benefit) $2.0m $292.0m $23.0m $328.0m ($153.0m) $352.0m $357.0m ($438.0m) ($27.0m) ($125.0m) —
Share-based Payment Arrangement, Noncash Expense $115.0m $132.0m $141.0m $165.0m $353.0m $320.0m $318.0m $320.0m $292.0m $317.0m —
Asset Impairment Charge — — — — — — $0 $6.1b $0 $0 $0
Goodwill impairment — — — — — $0 $0 $6.1b $0 $0 $0
Goodwill, Impairment Loss $0 $0 — — — — — $6.1b $0 $0 $0
Changes in operating assets and liabilities:
Change In Working Capital — — — — — — $5.0b $271.0m ($8.2b) ($2.9b) ($1.3b)
Change In Other Current Assets — — — — — — $54.0m ($2.9b) ($1.7b) ($949.0m) ($973.0m)
Increase (Decrease) in Other Operating Assets $568.0m — — — — — — — — — —
Other assets and other liabilities ($135.0m) ($15.0m) ($19.0m) $67.0m $186.0m $285.0m ($1.4b) $1.1b ($4.6b) ($35.0m) —
Net Cash Provided by (Used in) Operating Activities $2.7b
$4.6b +73.47%
$4.3b -6.17%
$1.5b -65.05%
$7.4b +389.28%
$7.9b +6.12%
$11.1b +40.41%
$8.6b -22.11%
$2.2b -74.93%
$5.7b +165.20%
$5.8b +1.01%
Cash flows from investing activities:
Equipment Expense — — — $280.0m $484.0m $513.0m $478.0m $409.0m $373.0m $351.0m —
Payments to Acquire Property, Plant, and Equipment — — — — $815.0m $442.0m $564.0m — — — ($564.0m)
Gain (Loss) on Investments — ($1.0m) $3.0m ($116.0m) $402.0m $0 ($71.0m) $0 ($6.7b) ($19.0m) $20.0m
Gain (Loss) on Sale of Investments — ($1.0m) — — — — — — — — —
Investments in affordable housing projects and other qualified tax credits — — — — — — ($532.0m) ($884.0m) ($1.0b) ($267.0m) —
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale $5.9b $4.8b $3.7b $4.8b $24.6b $34.0b $12.3b $10.0b $14.9b $16.5b —
Net cash received (paid) for asset acquisitions, business combinations, and divestitures — — — — ($2.4b) ($1.6b) ($4.7b) ($17.0m) $12.2b $0 —
Payments to Acquire Businesses, Net of Cash Acquired $785.0m $0 $296.0m ($6.3b) $2.4b $1.6b $4.7b $17.0m — — —
Net Other Investing Changes — — — — — — ($1.7b) $136.0m $835.0m ($1.5b) ($1.3b)
Payments for (Proceeds from) Other Investing Activities ($495.0m) $31.0m $123.0m ($6.0m) $706.0m $331.0m ($260.0m) ($55.0m) ($602.0m) $1.5b —
Net cash flows from investing activities ($682.0m) ($5.3b) ($4.9b) $8.3b ($43.7b) ($32.1b) ($30.0b) $22.9b $18.6b ($17.8b) —
Net Cash Provided by (Used in) Investing Activities ($682.0m) ($5.3b) ($4.9b) $8.3b ($43.7b) ($32.1b) ($30.0b) $22.9b $18.6b ($17.8b) ($13.2b)
Cash flows from financing activities:
Gain (Loss) on Extinguishment of Debt $1.0m ($392.0m) $0 $0 ($235.0m) $4.0m — — — — —
Issuance Of Debt — — — — — — $15.8b $50.9b $22.8b $69.8b $91.6b
Long Term Debt Issuance — — — — — — $15.8b $50.9b $22.8b $69.8b $91.6b
Long Term Debt Payments — — — — — — ($7.3b) ($55.0b) ($26.8b) ($63.1b) ($92.7b)
Net Issuance Payments Of Debt — — — — — — $26.5b ($2.7b) $361.0m $5.3b $9.1b
Net Long Term Debt Issuance — — — — — — $8.5b ($4.1b) ($4.0b) $6.7b ($1.1b)
Net Short Term Debt Issuance — — — — — — $18.1b $1.4b $4.4b ($1.3b) $10.3b
Net change in short-term borrowings ($3.6b) $3.5b $240.0m $6.3b ($12.1b) ($800.0m) $18.1b $1.4b $4.4b ($1.3b) —
Proceeds from Issuance of Long-term Debt $3.9b $8.9b $2.8b $7.1b $26.6b $4.7b $15.8b $50.9b $22.8b $69.8b $91.6b
Repayment Of Debt — — — — — — ($7.3b) ($55.0b) ($26.8b) ($63.1b) ($92.7b)
Repayment of long-term debt ($5.8b) ($7.5b) ($2.5b) ($9.3b) ($28.3b) ($8.0b) ($7.3b) ($55.0b) ($26.8b) ($63.1b) —
Repayments of Long-term Debt $5.8b $7.5b $2.5b $9.3b $28.3b $8.0b $7.3b $55.0b $26.8b $63.1b ($92.7b)
Cash dividends paid on common stock ($925) ($1k) ($1k) ($1k) ($2k) ($2k) ($3k) ($3k) ($3k) ($3k) ($2.9b)
Common Stock Dividend Paid — — — — — — ($2.7b) ($2.8b) ($2.8b) ($2.7b) ($2.6b)
Common Stock Payments — — — — — — ($250.0m) $0 ($1.0b) ($2.5b) ($3.6b)
Issuance Of Capital Stock — — — — — $0 $0 — — — $0
Net Common Stock Issuance — — — — — — ($250.0m) $0 ($1.0b) ($2.5b) ($3.6b)
Payments for Repurchase of Common Stock — $1.6b $1.2b $0 $0 $1.6b $250.0m $0 $1.0b $2.5b —
Payments of Ordinary Dividends, Common Stock $925.0m $1.0b $1.2b $1.3b $2.4b $2.5b $2.7b $2.8b $2.8b $2.7b ($2.9b)
Repurchase Of Capital Stock — — — — — — ($250.0m) $0 ($1.8b) ($3.5b) ($4.6b)
Repurchase of common stock ($520.0m) ($1.6b) ($1.2b) $0 $0 ($1.6b) ($250.0m) $0 ($1.0b) ($2.5b) —
Cash Dividends Paid — — — — — — ($3.0b) ($3.1b) ($3.1b) ($3.0b) ($2.9b)
Cash dividends paid on preferred stock ($167) ($174) ($174) ($150) ($301) ($367) ($333) ($361) ($365) ($324) ($2.9b)
Other Interest and Dividend Income $52.0m $52.0m $66.0m $108.0m $324.0m $203.0m $622.0m $1.9b $2.3b $2.0b —
Preferred Stock Dividend Paid — — — — — — ($333.0m) ($361.0m) ($365.0m) ($324.0m) ($298.0m)
Net Other Financing Charges — — — — — — ($298.0m) $1.2b ($231.0m) ($71.0m) ($107.0m)
Proceeds from (Payments for) Other Financing Activities $215.0m $15.0m ($229.0m) ($175.0m) ($148.0m) $82.0m ($113.0m) ($12.0m) ($24.0m) ($71.0m) —
Net cash flows from financing activities ($1.8b)
($549.0m) +68.90%
$1.5b +373.59%
$5.4b +256.39%
$36.0b +572.86%
$25.6b -28.95%
$20.0b -21.78%
($22.3b) -211.24%
($11.6b) +47.73%
$8.6b +174.18%
—
Net Cash Provided by (Used in) Financing Activities ($1.8b)
($549.0m) +68.90%
$1.5b +373.59%
$5.4b +256.39%
$36.0b +572.86%
$25.6b -28.95%
$20.0b -21.78%
($22.3b) -211.24%
($11.6b) +47.73%
$8.6b +174.18%
$5.3b -38.89%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — — $15.2b ($197.0m) $1.4b $1.1b $9.2b $9.1b ($3.4b) $39.3b
Beginning Cash Position — — — — — — $20.3b $21.4b $30.6b $39.8b $41.5b
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — — — — $21.4b $30.6b $39.8b $36.4b $39.3b
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Additional Financial Items
Bank Owned Life Insurance Income $123.0m $122.0m — — — — — — — — —
Cash Flow From Continuing Financing Activities — — — — — — $20.0b ($22.3b) ($11.6b) $8.6b $5.3b
Cash Flow From Continuing Investing Activities — — — — — — ($30.0b) $22.9b $18.6b ($17.8b) ($13.2b)
Cash and Cash Equivalents of Continuing and Discontinued Operations, January 1 — — — — $18.9b $20.3b $21.4b $30.6b $39.8b $36.4b —
Change In Cash Supplemental As Reported — — — — — — $1.1b $9.2b $9.1b ($3.4b) —
Change In Other Working Capital — — — — — — $2.5b $3.0b ($6.1b) ($1.5b) $728.0m
Changes In Cash — — — — — — $1.1b $9.2b $9.1b ($3.4b) ($2.2b)
Derivative assets and liabilities — — ($85.0m) ($312.0m) ($2.7b) $1.3b $3.8b $409.0m ($587.0m) ($787.0m) —
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax — — — — — — — — $4.8b $0 —
End Cash Position — — — — — — $21.4b $30.6b $39.8b $36.4b $39.3b
Financing Cash Flow — — — — — — $20.0b
($22.3b) -211.24%
($11.6b) +47.73%
$8.6b +174.18%
$5.3b -38.89%
Free Cash Flow — — — — — — $11.1b $8.6b $2.2b $5.7b $5.8b
Gain Loss On Investment Securities — — — — — — $71.0m $0 $6.7b $19.0m $20.0m
Gain Loss On Sale Of Business — — — — — — $0 $0 ($4.8b) $0 ($27.0m)
Gain on sale of TIH, net of tax — — — — — — $0 $0 ($4.8b) $0 —
Goodwill $9.6b $9.6b $9.8b $24.2b $24.4b $26.1b $27.0b $20.9b $17.1b $17.1b $0
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent — — — — — — — — ($45.0m) $5.3b —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent — — — — — — — — $4.9b $0 —
Income Tax Expense (Benefit) $1.1b $911.0m $803.0m $782.0m $981.0m $1.6b $1.4b $862.0m ($556.0m) $1.0b —
Income Taxes Paid, Net $844.0m $429.0m $99.0m $443.0m $126.0m $792.0m $479.0m $780.0m $830.0m $192.0m —
Interest Paid, Excluding Capitalized Interest, Operating Activities $775.0m $819.0m $1.4b $1.9b $1.8b $859.0m $2.0b $9.1b $11.3b $10.1b —
Interest expense $775.0m $819.0m $1.4b $1.9b $1.8b $859.0m $2.0b $9.1b $11.3b $10.1b —
Investing Cash Flow — — — — — — ($30.0b) $22.9b $18.6b ($17.8b) ($13.2b)
LHFS ($644.0m) $618.0m $188.0m ($1.9b) $718.0m $1.4b $2.5b $213.0m ($381.0m) ($389.0m)
Net Business Purchase And Sale — — — — — — ($4.7b) ($17.0m) $12.2b $0 $114.0m
Net Change in Cash and Cash Equivalents $225.0m ($1.2b) $888.0m $15.2b ($197.0m) $1.4b $1.1b $9.2b $9.1b ($3.4b) —
Net Investment Purchase And Sale — — — — — — $8.4b $9.7b $1.6b $8.4b $2.9b
Net PPE Purchase And Sale — — — — — ($442.0m) ($564.0m) — — — ($564.0m)
Net Preferred Stock Issuance — — — — — $0 $0 $0 ($750.0m) ($1.0b) ($505.0m)
Net cash from TIH minority stake sale — — — — — $0 $0 $1.9b $0 $0 —
Net cash received (paid) for hedge unwinds — — ($126.0m) ($130.0m) $1.1b $0 ($185.0m) ($737.0m) ($207.0m) $0 —
Net cash received (paid) for securities borrowed or purchased under agreements to resell — — — ($83.0m) ($328.0m) ($2.3b) $847.0m $803.0m ($172.0m) ($650.0m) —
Net change in deposits $4.5b ($2.8b) $3.8b $2.9b $48.6b $35.4b ($3.0b) ($17.6b) ($6.9b) $9.9b —
Operating Gains Losses — — — — — — $71.0m — $1.8b $19.0m ($625.0m)
Originations of loans and leases, net of principal collected — — — — — — ($32.3b) $7.3b $4.8b ($23.8b) —
Other Non Cash Items — — — — — — ($2.4b) $5.0m $819.0m $532.0m —
Other, net $215.0m $15.0m ($229.0m) ($175.0m) ($148.0m) $82.0m ($113.0m) ($12.0m) ($24.0m) ($71.0m) —
Parent Company $925.0m $1.0b $1.2b $1.3b $2.4b $2.5b $2.7b $2.8b $2.8b $2.7b —
Pension asset — ($115.0m) ($242.0m) ($368.0m) ($779.0m) ($1.6b) $1.4b ($2.0b) ($675.0m) ($682.0m) —
Preferred Stock Payments — — — — — — $0 $0 ($750.0m) ($1.0b) ($1.0b)
Proceeds from maturities, calls and paydowns of AFS securities $5.9b $4.8b $3.7b $4.8b $24.6b $34.0b $12.3b $10.0b $14.9b $16.5b —
Proceeds from maturities, calls and paydowns of HTM securities $7.0b $2.6b $2.4b $2.5b $0 $0 $5.1b $3.9b $3.8b $3.7b —
Proceeds from sales of AFS securities $4.6b $4.9b $383.0m $36.8b $5.3b $148.0m $3.3b $21.0m $27.6b $2.7b —
Provision for Loan, Lease, and Other Losses $572.0m $547.0m $566.0m $615.0m $2.3b ($813.0m) $777.0m $2.1b $1.9b $1.9b $1.8b
Provision for credit losses $572.0m $547.0m $566.0m $615.0m $2.3b ($813.0m) $777.0m $2.1b $1.9b $1.9b —
Purchase Of Investment — — — — — — ($12.4b) ($4.2b) ($44.7b) ($14.5b) ($19.2b)
Purchase Of PPE — — — — — ($442.0m) ($564.0m) — — — ($564.0m)
Purchases of AFS securities ($10.0b) ($7.4b) ($4.7b) ($42.6b) ($72.8b) ($70.8b) ($9.4b) ($4.2b) ($44.7b) ($14.5b) —
Purchases of loans and leases — — — — — — ($1.2b) ($301.0m) ($1.3b) ($892.0m) —
Redemption of preferred stock — $0 $0 ($1.7b) ($500.0m) ($1.4b) $0 $0 ($750.0m) ($1.0b) —
Sale Of Investment — — — — — — $20.8b $14.0b $46.3b $22.9b $22.1b
Sales of loans and leases — — — — — — $600.0m $5.2b $708.0m $615.0m —
Securities (gains) losses ($46.0m) $1.0m ($3.0m) $116.0m ($402.0m) $0 $71.0m $0 $6.7b $19.0m —
Supplemental disclosure of cash flow information:
Trading assets $432.0m $115.0m ($134.0m) ($1.8b) $1.9b ($551.0m) ($482.0m) $573.0m ($768.0m) ($690.0m) —
Transfer of loans HFI to LHFS $263.0m $1.1b $77.0m $7.4b $2.6b $925.0m $549.0m $5.2b $600.0m $750.0m —

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.