Truist Financial Statements From 2010 to 2024

Stocks . USA . 
Stock . Truist Financial Corp
TFC Stock  USD 46.81  0.63  1.36%   
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
22.3 B
Profit Margin
(0.11)
Market Capitalization
61.9 B
Enterprise Value Revenue
7.2326
Revenue
14.5 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 2024 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 62.6 B

Truist Financial Total Revenue

24.56 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 24.6 B, Ebitda of 631.8 M or Total Operating Expenses of 24.6 B, as well as many indicators such as Price To Sales Ratio of 3.6, Dividend Yield of 0.0669 or PTB Ratio of 0.79. 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

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding1.4 B1.3 B909.6 M
Slightly volatile
Total Assets562.1 B535.3 B318.9 B
Slightly volatile
Short and Long Term Debt Total62.7 B59.7 B36 B
Slightly volatile
Total Current Liabilities139.1 B132.4 B26.5 B
Slightly volatile
Total Stockholder Equity62.1 B59.1 B39.4 B
Slightly volatile
Property Plant And Equipment Net6.4 B6.1 B2.9 B
Slightly volatile
Retained Earnings23.2 B22.1 B15.9 B
Slightly volatile
Cash32.2 B30.6 B11.2 B
Slightly volatile
Non Current Assets Total529.9 B504.7 B131.2 B
Slightly volatile
Cash And Short Term Investments28.7 B30.6 B51.9 B
Slightly volatile
Liabilities And Stockholders Equity562.1 B535.3 B318.9 B
Slightly volatile
Non Current Liabilities Total499.9 B476.1 B116 B
Slightly volatile
Other Stockholder Equity38 B36.2 B18.1 B
Slightly volatile
Total Liabilities499.9 B476.1 B279.4 B
Slightly volatile
Total Current Assets29.1 B30.6 B112.3 B
Pretty Stable
Short Term Debt21.8 B20.8 B8 B
Slightly volatile
Common Stock Total Equity3.9 B7.6 B4.6 B
Slightly volatile
Property Plant And Equipment Gross9.2 B8.8 B4.3 B
Slightly volatile
Common Stock4.2 B6.7 B4.6 B
Slightly volatile
Good Will12 B20.9 B13.4 B
Slightly volatile
Short Term Investments3.4 B3.6 B42.5 B
Slightly volatile
Intangible Assets6.9 B6.5 B3.4 B
Slightly volatile
Accounts Payable499.3 B475.5 B171.8 B
Slightly volatile
Net Receivables13.6 B13 B4.6 B
Slightly volatile
Net Tangible Assets22.9 B26.6 B20.1 B
Slightly volatile
Noncontrolling Interest In Consolidated Entity81.2 M120.8 M80.4 M
Slightly volatile
Long Term Debt32.6 B38.9 B28.5 B
Slightly volatile
Retained Earnings Total Equity17.4 B26.4 B16.4 B
Slightly volatile
Long Term Debt Total31.7 B49.7 B29.1 B
Slightly volatile
Capital Surpluse41.7 B39.7 B19 B
Slightly volatile
Long Term Investments189.8 B124.6 B168.1 B
Slightly volatile
Preferred Stock Total Equity4.8 B7.7 B4.2 B
Slightly volatile
Non Current Liabilities Other9.1 B16.4 B9.2 B
Slightly volatile
Property Plant Equipment2.9 B4.1 B2.6 B
Slightly volatile
Other Liabilities6.9 B11.6 B4.8 B
Slightly volatile
Earning Assets221.1 B210.6 B98.4 B
Slightly volatile
Short and Long Term Debt11.4 B20.8 B6.9 B
Slightly volatile
Net Invested Capital105.8 B112.1 B77.7 B
Slightly volatile
Capital Stock13.5 B13.3 B9.5 B
Slightly volatile

Truist Financial Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Other Operating Expenses24.6 B23.4 B10.1 B
Slightly volatile
Interest Expense10.3 B9.9 B2.3 B
Slightly volatile
Selling General Administrative9.1 B8.7 B2.1 B
Slightly volatile
Total Revenue24.6 B23.4 B13.5 B
Slightly volatile
Gross Profit24.6 B23.4 B13.5 B
Slightly volatile
Selling And Marketing Expenses282.1 M297 M1.7 B
Slightly volatile
Preferred Stock And Other Adjustments491.5 M468.1 M225.6 M
Slightly volatile
Net Income Applicable To Common Shares3.4 B6.8 B3.2 B
Slightly volatile
Tax Provision1.1 B862 M949.1 M
Slightly volatile
Net Interest Income10.8 B14.6 B8.5 B
Slightly volatile
Interest Income14.1 B24.5 B10.6 B
Slightly volatile
Reconciled Depreciation956.8 M1.2 B726.4 M
Slightly volatile

Truist Financial Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow22.5 B21.4 B8.7 B
Slightly volatile
Depreciation1.5 B1.4 B770.9 M
Slightly volatile
Dividends Paid3.3 B3.1 B1.6 B
Slightly volatile
Capital Expenditures13.1 B12.5 B3.2 B
Slightly volatile
Total Cash From Operating Activities9.1 B8.6 B5.1 B
Slightly volatile
End Period Cash Flow32.2 B30.6 B11.3 B
Slightly volatile
Stock Based Compensation165.4 M320 M172.4 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.62.10242.9806
Slightly volatile
Dividend Yield0.06690.06370.0379
Slightly volatile
PTB Ratio0.790.83211.0574
Slightly volatile
Days Sales Outstanding74.3984.586.2477
Slightly volatile
Book Value Per Share46.7144.485539.8308
Slightly volatile
Operating Cash Flow Per Share6.86.47995.2176
Slightly volatile
Stock Based Compensation To Revenue0.00930.01290.0122
Slightly volatile
Capex To Depreciation9.448.98994.9129
Pretty Stable
PB Ratio0.790.83211.0574
Slightly volatile
EV To Sales4.53.34444.7671
Pretty Stable
ROIC0.06260.06590.0932
Slightly volatile
Sales General And Administrative To Revenue0.260.370.138
Very volatile
Capex To Revenue0.560.53420.2596
Pretty Stable
Cash Per Share24.8623.006650.9442
Slightly volatile
POCF Ratio5.415.69768.9415
Pretty Stable
Interest Coverage2.163.454.109
Pretty Stable
Capex To Operating Cash Flow1.521.44780.7178
Pretty Stable
EV To Operating Cash Flow8.619.063414.7162
Pretty Stable
Intangibles To Total Assets0.03810.05130.0488
Slightly volatile
Current Ratio0.220.231439.4782
Slightly volatile
Tangible Book Value Per Share12.1123.88522.1235
Slightly volatile
Receivables Turnover6.864.475.7773
Slightly volatile
Graham Number27.0128.596248.4738
Slightly volatile
Shareholders Equity Per Share46.5944.371439.7543
Slightly volatile
Debt To Equity1.691.00980.9422
Pretty Stable
Capex Per Share9.859.38163.7194
Slightly volatile
Revenue Per Share18.4417.560513.6973
Slightly volatile
Interest Debt Per Share26.2252.207236.7084
Slightly volatile
Debt To Assets0.170.11150.1133
Pretty Stable
Short Term Coverage Ratios0.390.41546.6636
Slightly volatile
Price Book Value Ratio0.790.83211.0574
Slightly volatile
Price To Operating Cash Flows Ratio5.415.69768.9415
Pretty Stable
Ebt Per Ebit0.420.770.7504
Pretty Stable
Operating Profit Margin0.810.460.494
Pretty Stable
Company Equity Multiplier11.519.05828.7855
Pretty Stable
Long Term Debt To Capitalization0.360.3970.4139
Pretty Stable
Total Debt To Capitalization0.620.50240.4683
Slightly volatile
Return On Capital Employed0.01830.01930.0215
Slightly volatile
Debt Equity Ratio1.691.00980.9422
Pretty Stable
Ebit Per Revenue0.810.460.494
Pretty Stable
Quick Ratio0.220.231440.5052
Slightly volatile
Dividend Paid And Capex Coverage Ratio0.520.55232.1397
Slightly volatile
Net Income Per E B T6.195.89731.4438
Slightly volatile
Cash Ratio0.220.231427.2492
Slightly volatile
Operating Cash Flow Sales Ratio0.270.3690.3741
Slightly volatile
Days Of Sales Outstanding74.3984.586.2477
Slightly volatile
Cash Flow Coverage Ratios0.20.14460.2248
Slightly volatile
Price To Book Ratio0.790.83211.0574
Slightly volatile
Fixed Asset Turnover3.343.84324.6148
Pretty Stable
Capital Expenditure Coverage Ratio0.660.69077.1137
Pretty Stable
Price Cash Flow Ratio5.415.69768.9415
Pretty Stable
Debt Ratio0.170.11150.1133
Pretty Stable
Cash Flow To Debt Ratio0.20.14460.2248
Slightly volatile
Price Sales Ratio3.62.10242.9806
Slightly volatile
Asset Turnover0.05380.04370.0451
Pretty Stable
Gross Profit Margin0.810.910.9922
Slightly volatile
Price Fair Value0.790.83211.0574
Slightly volatile
Operating Cycle60.568.0674.1083
Slightly volatile
Cash Conversion Cycle15.1 K17 K18.5 K
Slightly volatile

Truist Financial Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap38.1 B36.3 B34.5 B
Slightly volatile
Enterprise Value62.6 B59.7 B58 B
Slightly volatile

Truist Fundamental Market Drivers

Forward Price Earnings11.5741
Cash And Short Term Investments30.6 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 Revenue23.4 B24.6 B
Cost Of Revenue95.5 M100.2 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.37  0.26 
Capex To Revenue 0.53  0.56 
Revenue Per Share 17.56  18.44 
Ebit Per Revenue 0.46  0.81 

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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:
How To Invest In Truist
Details
Is Truist Stock a good investment?
Details
What is Truist Financial's Net Worth?
Details
Largest Banks - Regional Companies
View
Largest Financial Services Companies
View
Check out the analysis of Truist Financial Correlation against competitors.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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
(4.81)
Revenue Per Share
10.857
Quarterly Revenue Growth
0.061
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.
Altman
Z Score
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Piotroski
F Score
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Beneish
M Score
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Financial
Analysis
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Buy or Sell
Advice
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Earnings
Projections
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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.
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