Truist Financial Statements From 2010 to 2026

TFC Stock  USD 49.74  0.53  1.08%   
Truist Financial's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Truist Financial's valuation are provided below:
Gross Profit
18.3 B
Profit Margin
0.2861
Market Capitalization
64.1 B
Enterprise Value Revenue
6.952
Revenue
18.3 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 2026 to make sure the company is sustainable down the road. The current year's Market Cap is expected to grow to about 15.9 B

Truist Financial Total Revenue

29.29 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 30 B, Ebitda of 413 M or Total Operating Expenses of 14.5 B, as well as many indicators such as Price To Sales Ratio of 1.8, Dividend Yield of 0.042 or PTB Ratio of 1.77. Truist financial statements analysis is a perfect complement when working with Truist Financial Valuation or Volatility modules.
  
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Check out the analysis of Truist Financial Correlation against competitors.

Truist Financial Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding1.6 B1.5 B983.1 M
Slightly volatile
Total Assets641.4 B610.9 B353.3 B
Slightly volatile
Short and Long Term Debt Total75.2 B71.6 B41 B
Slightly volatile
Total Current Liabilities504.5 B480.5 B265.7 B
Slightly volatile
Total Stockholder Equity76.9 B73.2 B43.7 B
Slightly volatile
Property Plant And Equipment Net6.8 B6.4 B4.1 B
Slightly volatile
Net Debt19.5 B25.9 B24.6 B
Slightly volatile
Retained Earnings28.7 B27.3 B17.4 B
Slightly volatile
Cash48 B45.7 B15.9 B
Slightly volatile
Non Current Assets Total570.6 B543.4 B283 B
Slightly volatile
Non Currrent Assets Other28.4 B27 B16 B
Slightly volatile
Cash And Short Term Investments32 B51 B55.5 B
Slightly volatile
Liabilities And Stockholders Equity641.4 B610.9 B353.3 B
Slightly volatile
Non Current Liabilities Total60 B57.1 B35.8 B
Slightly volatile
Other Stockholder Equity43 B41 B20.8 B
Slightly volatile
Total Liabilities564.5 B537.6 B309.5 B
Slightly volatile
Total Current Assets38.2 B67.5 B68.4 B
Slightly volatile
Short Term Debt33 B31.4 B12 B
Slightly volatile
Short Term InvestmentsB5.2 B40.9 B
Pretty Stable
Common Stock4.2 B7.6 B4.9 B
Slightly volatile
Common Stock Total Equity3.9 B7.6 B4.9 B
Slightly volatile
Property Plant And Equipment Gross9.9 B9.5 B4.9 B
Slightly volatile
Good Will11.8 B19.7 B13.7 B
Slightly volatile
Other Current Assets907.2 M954.9 M51.8 B
Slightly volatile
Intangible Assets6.3 BB3.5 B
Slightly volatile
Accounts Payable499.3 B475.5 B200.2 B
Slightly volatile
Net Receivables16 B15.3 B6.9 B
Slightly volatile
Net Tangible Assets22.9 B26.6 B20.5 B
Slightly volatile
Noncontrolling Interest In Consolidated Entity81.2 M120.8 M83.3 M
Slightly volatile
Long Term Debt33.1 B40.2 B29.6 B
Slightly volatile
Retained Earnings Total Equity17.4 B26.4 B17.2 B
Slightly volatile
Long Term Debt Total32.5 B37.4 B29 B
Slightly volatile
Capital Surpluse22.3 B41 B19.9 B
Slightly volatile
Long Term Investments185.5 B139.8 B163.4 B
Pretty Stable
Preferred Stock Total Equity4.8 B7.7 B4.4 B
Slightly volatile
Non Current Liabilities Other9.1 B16.4 B9.8 B
Slightly volatile
Property Plant Equipment3.2 B4.9 B2.9 B
Slightly volatile
Other Liabilities6.9 B11.6 B5.4 B
Slightly volatile
Earning Assets221.1 B210.6 B108.4 B
Slightly volatile
Short and Long Term Debt12.3 B20.3 B8.3 B
Slightly volatile
Net Invested Capital107.8 B126.9 B82.6 B
Slightly volatile
Capital Stock13.5 B14.4 B9.9 B
Slightly volatile

Truist Financial Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Other Operating Expenses30 B28.6 B14.1 B
Slightly volatile
EBITDA413 M434.7 M3.5 B
Very volatile
Total Operating Expenses14.5 B13.8 B9.5 B
Slightly volatile
Depreciation And Amortization1.2 B1.1 B777.4 M
Slightly volatile
Interest Expense13.3 B12.6 B3.6 B
Slightly volatile
Selling General Administrative7.9 B7.5 B5.1 B
Slightly volatile
Total Revenue29.3 B27.9 B16.8 B
Slightly volatile
Gross Profit7.6 B13.1 B11.9 B
Slightly volatile
Selling And Marketing Expenses292.8 M308.2 M1.6 B
Slightly volatile
Preferred Stock And Other Adjustments491.5 M468.1 M247 M
Slightly volatile
Net Interest Income11.3 B16.2 B9.3 B
Slightly volatile
Interest Income15.6 B28.8 B12.6 B
Slightly volatile
Reconciled Depreciation971.9 M1.1 B765.6 M
Slightly volatile

Truist Financial Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow2.7 B2.5 B4.3 B
Slightly volatile
Begin Period Cash Flow37 B35.2 B12.4 B
Slightly volatile
Depreciation1.2 B1.1 B777.4 M
Slightly volatile
Dividends Paid3.8 B3.6 B1.8 B
Slightly volatile
Total Cash From Operating Activities2.9 B2.5 B4.5 B
Slightly volatile
End Period Cash Flow48 B45.7 B15.9 B
Slightly volatile
Stock Based Compensation386.4 M368 M202.2 M
Slightly volatile
Change To Account Receivables634.7 M531 M625 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.82.142.4138
Pretty Stable
Dividend Yield0.0420.06240.043
Pretty Stable
PTB Ratio1.771.041.103
Very volatile
Days Sales Outstanding93.5180122
Slightly volatile
Book Value Per Share45.2143.0640.5624
Slightly volatile
Free Cash Flow Yield0.0320.03370.1159
Slightly volatile
Operating Cash Flow Per Share2.821.464.5954
Pretty Stable
Stock Based Compensation To Revenue0.00730.0130.0111
Slightly volatile
Capex To Depreciation0.450.470.5902
Slightly volatile
PB Ratio1.771.041.103
Very volatile
EV To Sales3.32.984.072
Very volatile
Free Cash Flow Per Share2.581.464.4113
Pretty Stable
Payables Turnover0.530.420.3368
Slightly volatile
Sales General And Administrative To Revenue0.20.240.2988
Pretty Stable
Capex To Revenue0.03230.02910.026
Pretty Stable
Cash Per Share26.129.9751.863
Slightly volatile
POCF Ratio18.5230.6911.8739
Slightly volatile
Capex To Operating Cash Flow0.05560.05850.0822
Slightly volatile
PFCF Ratio25.2224.0112.4622
Slightly volatile
Days Payables Outstanding8898911.2 K
Slightly volatile
EV To Operating Cash Flow33.3942.6419.4033
Slightly volatile
EV To Free Cash Flow35.0433.3719.9351
Slightly volatile
Intangibles To Total Assets0.03770.03790.0472
Pretty Stable
Net Debt To EBITDA56.2453.5618.6836
Slightly volatile
Current Ratio0.130.14040.213
Pretty Stable
Tangible Book Value Per Share29.3227.9224.3183
Slightly volatile
Receivables Turnover2.02.15.3075
Slightly volatile
Graham Number28.2456.1852.0149
Slightly volatile
Shareholders Equity Per Share45.2143.0640.5016
Slightly volatile
Debt To Equity1.891.121.0844
Pretty Stable
Capex Per Share0.30.380.3981
Pretty Stable
Revenue Per Share11.116.415.6977
Slightly volatile
Interest Debt Per Share30.0249.5240.7637
Slightly volatile
Debt To Assets0.180.130.1249
Very volatile
Enterprise Value Over EBITDA20119156.9394
Slightly volatile
Short Term Coverage Ratios0.06780.07130.672
Slightly volatile
Operating Cycle93.5180122
Slightly volatile
Price Book Value Ratio1.771.041.103
Very volatile
Days Of Payables Outstanding8898911.2 K
Slightly volatile
Price To Operating Cash Flows Ratio18.5230.6911.8739
Slightly volatile
Price To Free Cash Flows Ratio25.2224.0112.4622
Slightly volatile
Company Equity Multiplier11.429.598.8058
Pretty Stable
Long Term Debt To Capitalization0.350.320.4026
Slightly volatile
Total Debt To Capitalization0.660.570.5131
Very volatile
Debt Equity Ratio1.891.121.0844
Pretty Stable
Quick Ratio0.130.14040.213
Pretty Stable
Dividend Paid And Capex Coverage Ratio0.750.792.9486
Slightly volatile
Cash Ratio0.110.09520.0491
Slightly volatile
Operating Cash Flow Sales Ratio0.07630.08030.2805
Slightly volatile
Days Of Sales Outstanding93.5180122
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.580.850.891
Slightly volatile
Cash Flow Coverage Ratios0.02970.03130.1267
Slightly volatile
Price To Book Ratio1.771.041.103
Very volatile
Fixed Asset Turnover5.974.994.7271
Slightly volatile
Capital Expenditure Coverage Ratio18.5717.6814.7054
Slightly volatile
Price Cash Flow Ratio18.5230.6911.8739
Slightly volatile
Enterprise Value Multiple20119156.9394
Slightly volatile
Debt Ratio0.180.130.1249
Very volatile
Cash Flow To Debt Ratio0.02970.03130.1267
Slightly volatile
Price Sales Ratio1.82.142.4138
Pretty Stable
Asset Turnover0.07870.05250.0558
Slightly volatile
Gross Profit Margin0.540.420.7523
Slightly volatile
Price Fair Value1.771.041.103
Very volatile

Truist Financial Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap15.9 B15.1 B15.7 B
Slightly volatile

Truist Fundamental Market Drivers

Forward Price Earnings10.989
Cash And Short Term Investments44.3 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 Revenue27.9 B29.3 B
Cost Of Revenue14.8 B15.5 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.24  0.20 
Capex To Revenue 0.03  0.03 
Revenue Per Share 16.40  11.10 
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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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
0.048
Dividend Share
2.08
Earnings Share
3.73
Revenue Per Share
14.07
Quarterly Revenue Growth
0.025
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.