TFC
Truist Financial Corp
NYSE: TFC · FINANCIAL SERVICES · BANKS - REGIONAL
$50.65
-0.98% today
Updated 2026-04-29
Market cap
$63.10B
P/E ratio
12.54
P/S ratio
3.38x
EPS (TTM)
$4.04
Dividend yield
4.07%
52W range
$37 – $56
Volume
9.4M
Truist Financial Corp (TFC) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.38B | $10.65B | $10.32B | $10.78B | $11.19B | $10.29B | $11.05B | $10.80B | $10.34B | $10.63B | $11.54B | $12.16B | $13.00B | $14.66B | $24.43B | $23.06B | $22.29B | $29.95B | $24.25B | $30.44B |
| Revenue growth (YoY) | — | +13.5% | -3.1% | +4.4% | +3.8% | -8.1% | +7.5% | -2.3% | -4.3% | +2.7% | +8.6% | +5.4% | +6.9% | +12.8% | +66.6% | -5.6% | -3.3% | +34.3% | -19.0% | +25.5% |
| Cost of revenue | $3.42B | $4.46B | $4.41B | $4.85B | $4.43B | $2.57B | $2.12B | $1.48B | $1.02B | $1.16B | $1.32B | $1.39B | $2.00B | $2.71B | $4.06B | $-45.00M | $3.10B | $12.04B | $12.85B | $11.50B |
| Gross profit | $5.96B | $6.19B | $5.91B | $5.93B | $6.75B | $7.72B | $8.94B | $9.32B | $9.32B | $9.46B | $10.22B | $10.77B | $10.99B | $11.95B | $20.37B | $23.11B | $19.20B | $17.91B | $11.41B | $18.94B |
| Gross margin | 63.5% | 58.1% | 57.2% | 55.0% | 60.4% | 75.0% | 80.9% | 86.3% | 90.1% | 89.1% | 88.6% | 88.6% | 84.6% | 81.5% | 83.4% | 100.2% | 86.1% | 59.8% | 47.0% | 62.2% |
| R&D | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | $2.08B | $2.09B | $2.20B | $2.50B | $2.73B | $3.02B | $3.44B | $3.59B | $3.52B | $3.72B | $4.03B | $4.23B | $4.31B | $4.83B | $8.15B | $8.63B | $6.56B | $6.52B | $6.51B | $7.71B |
| Operating income | $2.47B | $2.58B | $2.08B | $1.04B | $969.00M | $1.63B | $2.79B | $3.28B | $3.13B | $2.92B | $3.50B | $3.33B | $4.06B | $4.02B | $5.47B | $7.99B | $7.03B | $-765.00M | $-601.00M | $6.35B |
| Operating margin | 26.4% | 24.2% | 20.1% | 9.6% | 8.7% | 15.8% | 25.3% | 30.4% | 30.2% | 27.5% | 30.3% | 27.4% | 31.2% | 27.4% | 22.4% | 34.7% | 31.5% | -2.6% | -2.5% | 20.9% |
| EBITDA | $2.77B | $2.87B | $2.38B | $1.38B | $1.35B | $1.99B | $3.18B | $3.70B | $3.55B | $3.38B | $4.05B | $3.88B | $4.62B | $4.65B | $7.08B | $9.38B | $8.39B | $450.00M | $378.00M | $7.05B |
| EBITDA margin | 29.5% | 26.9% | 23.0% | 12.8% | 12.1% | 19.4% | 28.8% | 34.3% | 34.3% | 31.8% | 35.1% | 31.9% | 35.5% | 31.7% | 29.0% | 40.7% | 37.7% | 1.5% | 1.6% | 23.2% |
| EBIT | $2.47B | $2.58B | $2.08B | $1.04B | $969.00M | $1.63B | $2.79B | $3.28B | $3.13B | $2.92B | $3.50B | $3.33B | $4.06B | $4.02B | $5.47B | $7.99B | $7.03B | $-765.00M | $-601.00M | $6.35B |
| Interest expense | $3.19B | $4.01B | $2.97B | $2.04B | $1.79B | $1.38B | $1.06B | $891.00M | $768.00M | $735.00M | $745.00M | $839.00M | $1.44B | $2.10B | $1.72B | $768.00M | $2.32B | $9.93B | $10.97B | $10.12B |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $1.53B | $1.73B | $1.52B | $853.00M | $816.00M | $1.29B | $1.98B | $1.68B | $2.13B | $2.08B | $2.43B | $2.39B | $3.24B | $3.22B | $4.48B | $6.44B | $6.26B | $-1.09B | $4.82B | $5.31B |
| Net income growth (YoY) | — | +13.5% | -12.4% | -43.8% | -4.3% | +58.0% | +53.5% | -15.1% | +26.8% | -2.2% | +16.4% | -1.3% | +35.2% | -0.4% | +39.0% | +43.7% | -2.8% | -117.4% | +541.6% | +10.1% |
| Profit margin | 16.3% | 16.3% | 14.7% | 7.9% | 7.3% | 12.5% | 17.9% | 15.5% | 20.6% | 19.6% | 21.0% | 19.7% | 24.9% | 22.0% | 18.3% | 27.9% | 28.1% | -3.6% | 19.9% | 17.4% |