← 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total interest income | $7.1b |
$7.4b
+4.36%
|
$8.1b
+10.12%
|
$9.4b
+15.87%
|
$15.5b
+65.25%
|
$13.8b
-11.41%
|
$16.6b
+20.79%
|
$24.5b
+47.00%
|
$25.1b
+2.49%
|
$24.5b
-2.09%
|
— | |
| Noninterest income: | ||||||||||||
| Net Interest Income | $6.3b |
$6.5b
+3.39%
|
$6.7b
+2.25%
|
$7.3b
+9.44%
|
$13.8b
+89.06%
|
$13.0b
-5.93%
|
$14.3b
+10.07%
|
$14.6b
+1.98%
|
$14.1b
-3.49%
|
$14.4b
+2.36%
|
$14.5b
+0.87%
|
|
| Interest Income (Expense), Net | $6.3b |
$6.5b
+3.39%
|
$6.7b
+2.25%
|
$7.3b
+9.44%
|
$13.8b
+89.06%
|
$13.0b
-5.93%
|
$14.3b
+10.07%
|
$14.6b
+1.98%
|
$14.1b
-3.49%
|
$14.4b
+2.36%
|
$24.2b
+67.94%
|
|
| Marketing and Advertising Expense | — | $94.0m | $102.0m | $137.0m | $273.0m | $294.0m | $352.0m | $297.0m | $268.0m | $299.0m | — | |
| Labor and Related Expense | $4.0b | $4.1b | $4.3b | $4.8b | $8.1b | $8.6b | $8.5b | $8.7b | $6.5b | $6.8b | — | |
| Amortization of Intangible Assets | $150.0m | $142.0m | $131.0m | $164.0m | $685.0m | $574.0m | $583.0m | $527.0m | $345.0m | $290.0m | — | |
| Amortization of intangibles | $150.0m | $142.0m | $131.0m | $164.0m | $685.0m | $574.0m | $583.0m | $527.0m | $345.0m | $290.0m | $269.0m | |
| Noninterest expense: | ||||||||||||
| Total noninterest expense | $6.7b | $7.4b | $6.9b | $7.9b | $14.9b | $15.1b | $14.6b | $21.5b | $12.0b | $12.1b | — | |
| Interest Expense | $745.0m | $839.0m | $1.4b | $2.1b | $1.7b | $768.0m | $2.3b | $9.9b | $11.0b | $10.1b | $9.7b | |
| Interest income: | ||||||||||||
| Net Interest Income After Provision for Credit Losses | $5.7b |
$6.0b
+4.16%
|
$6.1b
+2.14%
|
$6.7b
+9.52%
|
$11.5b
+71.56%
|
$13.8b
+20.26%
|
$13.5b
-2.03%
|
$12.5b
-7.74%
|
$12.2b
-2.16%
|
$12.5b
+2.52%
|
$14.5b
+16.12%
|
|
| Gain (Loss) on Investments | — | ($1.0m) | $3.0m | ($116.0m) | $402.0m | $0 | ($71.0m) | $0 | ($6.7b) | ($19.0m) | — | |
| Other Expenses | $899.0m | $1.1b | $800.0m | $542.0m | $571.0m | $595.0m | $742.0m | $1.1b | $1.0b | $1.1b | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $3.5b | $3.3b | $4.1b | $4.0b | $5.5b | $8.0b | $7.7b | ($185.0m) | ($601.0m) | $6.3b | $6.8b | |
| Current Income Tax Expense (Benefit) | $1.1b | $619.0m | $780.0m | $454.0m | $1.1b | $1.2b | $1.0b | $1.3b | ($529.0m) | $1.2b | $966.0m | |
| Income Tax Expense (Benefit) | $1.1b | $911.0m | $803.0m | $782.0m | $981.0m | $1.6b | $1.4b | $862.0m | ($556.0m) | $1.0b | $966.0m | |
| Net income (loss) from continuing operations | — | — | — | — | — | — | $5.8b | ($1.5b) | ($45.0m) | $5.3b | $5.5b | |
| Net income from discontinued operations | — | — | — | — | — | — | $488.0m | $456.0m | $4.9b | $0 | — | |
| 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%
|
$5.5b
+11.24%
|
|
| 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 | $5.5b | |
| Preferred Stock Dividends and Other Adjustments | $167.0m | $174.0m | $174.0m | $196.0m | $298.0m | $407.0m | $333.0m | $361.0m | $349.0m | $333.0m | $307.0m | |
| Preferred stock dividends and other | $167 | $174 | $174 | $196 | $298 | $407 | $333 | $361 | $349 | $333 | $307.0m | |
| Basic EPS from continuing operations (in dollars per share) | — | — | — | — | — | — | $4.10 | ($1.40) | ($0.30) | $3.87 | — | |
| Diluted EPS from continuing operations (in dollars per share) | — | — | — | — | — | — | $4.07 | ($1.40) | ($0.30) | $3.82 | — | |
| Earnings Per Share, Basic | $2.81 | $2.78 | $3.96 | $3.76 | $3.11 | $4.51 | $4.46 | ($1.09) | $3.36 | $3.87 | $4.41 | |
| Earnings Per Share, Diluted | $2.77 | $2.74 | $3.91 | $3.71 | $3.08 | $4.47 | $4.43 | ($1.09) | $3.36 | $3.82 | $4.35 | |
| Income (Loss) from Continuing Operations, Per Basic Share | — | — | — | — | — | — | — | — | ($0) | $4 | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | — | — | — | — | — | — | — | — | ($0) | $4 | — | |
| Common Stock, Dividends, Per Share, Declared | $1.15 | $1.26 | $1.56 | $1.71 | $1.80 | $1.86 | $2.00 | $2.08 | $2.08 | $2.08 | — | |
| Basic weighted average shares outstanding (in shares) | 804.7m | 799.2m | 773.0m | 805.1m | 1.3b | 1.3b | 1.3b | 1.3b | 1.3b | 1.3b | — | |
| Diluted weighted average shares outstanding (in shares) | 814.9m | 811.0m | 783.5m | 815.2m | 1.4b | 1.3b | 1.3b | 1.3b | 1.3b | 1.3b | — | |
| Weighted Average Number of Shares Outstanding, Basic | 804.7m | 799.2m | 773.0m | 805.1m | 1.3b | 1.3b | 1.3b | 1.3b | 1.3b | 1.3b | 1.3b | |
| Weighted Average Number of Shares Outstanding, Diluted | 814.9m | 811.0m | 783.5m | 815.2m | 1.4b | 1.3b | 1.3b | 1.3b | 1.3b | 1.3b | 1.3b | |
| Additional Financial Items | ||||||||||||
| Bank Owned Life Insurance Income | $123.0m | $122.0m | — | — | — | — | — | — | — | — | — | |
| Capitalized Computer Software, Amortization | $224.0m | $242.0m | $272.0m | $338.0m | $862.0m | $945.0m | $932.0m | $929.0m | $896.0m | $936.0m | — | |
| Equipment Expense | — | $246.0m | $267.0m | $280.0m | $484.0m | $513.0m | $478.0m | $409.0m | $373.0m | $351.0m | — | |
| Goodwill impairment | $0 | $0 | — | — | — | $0 | $0 | $6.1b | $0 | $0 | $0 | |
| Goodwill, Impairment Loss | $0 | $0 | — | — | — | $0 | $0 | $6.1b | $0 | $0 | $0 | |
| Interest and fees on loans and leases | $6.0b | $6.2b | $6.9b | $8.0b | $13.5b | $11.5b | $13.3b | $19.5b | $19.2b | $18.7b | — | |
| Interest on deposits | $251.0m | $344.0m | $644.0m | $1.1b | $785.0m | $148.0m | $1.1b | $6.4b | $7.8b | $7.0b | — | |
| Interest on long-term debt | $485.0m | $454.0m | $683.0m | $797.0m | $800.0m | $573.0m | $791.0m | $2.2b | $1.8b | $1.8b | — | |
| Interest on other borrowings | $9.0m | $41.0m | $111.0m | $198.0m | $137.0m | $47.0m | $385.0m | $1.3b | $1.3b | $1.2b | — | |
| Interest on other earning assets | $52.0m | $52.0m | $66.0m | $108.0m | $324.0m | $203.0m | $622.0m | $1.9b | $2.3b | $2.0b | — | |
| Interest on securities | $1.0b | $1.1b | $1.2b | $1.3b | $1.7b | $2.1b | $2.8b | $3.1b | $3.5b | $3.8b | — | |
| Marketing and customer development | — | $94.0m | $102.0m | $137.0m | $273.0m | $294.0m | $352.0m | $297.0m | $268.0m | $299.0m | — | |
| Net occupancy expense | $786.0m | $784.0m | $758.0m | $507.0m | $904.0m | $764.0m | $744.0m | $715.0m | $656.0m | $710.0m | $711.0m | |
| Noncontrolling interests from discontinued operations | $16.0m | $21.0m | $20.0m | $13.0m | $10.0m | ($3.0m) | $7.0m | $44.0m | $22.0m | $0 | — | |
| 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 | — | |
| Personnel expense | $4.0b | $4.1b | $4.3b | $4.8b | $8.1b | $8.6b | $8.5b | $8.7b | $6.5b | $6.8b | — | |
| Professional fees and outside processing | $102.0m | $123.0m | $138.0m | $433.0m | $1.3b | $1.4b | $1.4b | $1.3b | $1.3b | $1.4b | — | |
| Provision for credit losses | $572.0m | $547.0m | $566.0m | $615.0m | $2.3b | ($813.0m) | $777.0m | $2.1b | $1.9b | $1.9b | — | |
| Regulatory costs | $145.0m | $153.0m | $134.0m | $81.0m | $125.0m | $137.0m | $183.0m | $824.0m | $344.0m | $163.0m | — | |
| Software expense | $224.0m | $242.0m | $272.0m | $338.0m | $862.0m | $945.0m | $932.0m | $929.0m | $896.0m | $936.0m | — | |
| 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 | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.