Truist Financial Corp financial data

Symbol
TFC, TFC-PI, TFC-PO, TFC-PR on NYSE
Industry
National Commercial Banks
Location
214 North Tryon Street, Charlotte, NC
State of incorporation
NC
Fiscal year end
December 31
Former names
BB&T CORP (to 12/6/2019), SOUTHERN NATIONAL CORP /NC/ (to 5/14/1997)
Latest financial report
10-K - Q4 2024 - Feb 25, 2025

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 1.31B shares -2.19%
Common Stock, Shares, Outstanding 1.32B shares -1.34%
Entity Public Float 51.9B USD +28.8%
Common Stock, Value, Issued 6.58B USD -1.34%
Weighted Average Number of Shares Outstanding, Basic 1.33B shares -0.07%
Weighted Average Number of Shares Outstanding, Diluted 1.33B shares -0.07%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -601M USD +21.4%
Income Tax Expense (Benefit) -556M USD -175%
Earnings Per Share, Basic 3.36 USD/shares
Earnings Per Share, Diluted 3.36 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Property, Plant and Equipment, Net 3.23B USD -2.21%
Operating Lease, Right-of-Use Asset 1.02B USD -3.97%
Goodwill 17.1B USD -0.18%
Assets 531B USD -0.78%
Liabilities 467B USD -1.81%
Accumulated Other Comprehensive Income (Loss), Net of Tax -8.21B USD +34.3%
Retained Earnings (Accumulated Deficit) 23.8B USD +7.65%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 63.7B USD +7.47%
Liabilities and Equity 531B USD -0.78%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -990M USD -939%
Net Cash Provided by (Used in) Financing Activities -572M USD -103%
Net Cash Provided by (Used in) Investing Activities 5.9B USD
Common Stock, Shares Authorized 2B shares 0%
Common Stock, Par or Stated Value Per Share 5 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 4.34B USD -71.4%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 39.8B USD +29.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 2.83B USD +69.5%
Deferred Tax Assets, Valuation Allowance 104M USD -0.95%
Deferred Tax Assets, Gross 5.52B USD -18.4%
Operating Lease, Liability 1.3B USD -6.2%
Lessee, Operating Lease, Liability, to be Paid 1.49B USD -3.69%
Property, Plant and Equipment, Gross 5.87B USD +0.09%
Lessee, Operating Lease, Liability, to be Paid, Year Two 278M USD -7.95%
Lessee, Operating Lease, Liability, to be Paid, Year One 288M USD 0%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 189M USD +18.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 240M USD -5.14%
Deferred Tax Assets, Operating Loss Carryforwards 163M USD +34.7%
Preferred Stock, Shares Authorized 5M shares 0%
Unrecognized Tax Benefits 91M USD +13.8%
Lessee, Operating Lease, Liability, to be Paid, Year Four 169M USD -21%
Additional Paid in Capital 35.6B USD -1.52%
Preferred Stock, Shares Outstanding 216K shares -3.14%
Amortization of Intangible Assets 345M USD -12.7%
Deferred Tax Assets, Net of Valuation Allowance 5.42B USD -18.7%
Interest Expense 11.1B USD +73.9%