Truist Financial Income Statement (2009-2025) | TFC

Income Statement Mar2009 Jun2009 Sep2009 Dec2009 Mar2010 Jun2010 Sep2010 Dec2010 Mar2011 Jun2011 Sep2011 Dec2011 Mar2012 Jun2012 Sep2012 Dec2012 Mar2013 Jun2013 Sep2013 Dec2013 Mar2014 Jun2014 Sep2014 Mar2022 Jun2022 Sep2022 Dec2022 Mar2023 Jun2023 Sep2023 Dec2023 Mar2024 Jun2024 Sep2024 Dec2024 Mar2025 Jun2025 Sep2025
Revenue & Cost
Provisions 676.00M701.00M709.00M725.00M575.00M650.00M770.00M643.00M340.00M328.00M250.00M272.00M288.00M273.00M244.00M252.00M272.00M168.00M92.00M60.00M60.00M74.00M34.00M-95.00M171.00M234.00M467.00M502.00M538.00M497.00M572.00M500.00M451.00M448.00M471.00M458.00M488.00M436.00M
Revenue 1,003.00M2,138.00M2,177.00M2,293.00M2,158.00M2,399.00M2,424.00M2,296.00M1,999.00M2,141.00M2,106.00M2,374.00M2,307.00M2,428.00M2,446.00M2,496.00M2,423.00M2,461.00M2,322.00M2,446.00M2,274.00M2,301.00M2,298.00M5,325.00M5,655.00M5,847.00M3,146.00M5,288.00M4,983.00M4,869.00M4,882.00M4,818.00M-1685.00M5,085.00M5,060.00M4,899.00M4,987.00M5,187.00M
Interest income
Interest income - Loans 1,322.00M1,336.00M1,414.00M1,475.00M1,440.00M1,525.00M1,549.00M1,566.00M1,520.00M1,523.00M1,546.00M1,530.00M1,502.00M1,492.00M1,492.00M1,494.00M1,433.00M1,418.00M1,411.00M1,341.00M1,295.00M1,295.00M1,301.00M2,644.00M2,898.00M3,490.00M4,220.00M4,656.00M4,915.00M4,976.00M4,971.00M4,865.00M4,879.00M4,852.00M4,634.00M4,493.00M4,657.00M4,816.00M
Interest income - Investments 83.00M-303.00M-137.00M840.00M174.00M181.00M185.00M151.00M155.00M142.00M132.00M112.00M95.00M80.00M70.00M56.00M56.00M45.00M38.00M4,831.00M
Interest Income - Debt Securities 352.00M299.00M327.00M341.00M336.00M291.00M207.00M185.00M183.00M205.00M216.00M207.00M234.00M230.00M241.00M222.00M215.00M215.00M221.00M220.00M236.00M294.00M232.00M640.00M675.00M709.00M739.00M752.00M749.00M763.00M802.00M805.00M838.00M869.00M994.00M975.00M961.00M941.00M
Other interest income 5.00M5.00M4.00M4.00M3.00M3.00M6.00M4.00M6.00M4.00M5.00M4.00M7.00M6.00M7.00M10.00M11.00M10.00M7.00M5.00M15.00M8.00M8.00M73.00M100.00M170.00M276.00M376.00M511.00M488.00M493.00M514.00M634.00M631.00M551.00M520.00M536.00M529.00M
Interest Income - Total 1,679.00M1,640.00M1,745.00M1,820.00M1,779.00M1,819.00M1,762.00M1,755.00M1,676.00M1,690.00M1,750.00M1,769.00M1,743.00M1,728.00M1,720.00M1,726.00M1,659.00M1,643.00M1,639.00M1,566.00M1,546.00M1,537.00M1,541.00M3,357.00M3,673.00M4,369.00M5,235.00M5,784.00M6,175.00M6,227.00M6,266.00M6,184.00M6,351.00M6,352.00M6,179.00M5,988.00M6,154.00M6,286.00M
Interest expenses
Interest Expense - Deposits 346.00M320.00M311.00M294.00M259.00M241.00M225.00M192.00M171.00M152.00M150.00M137.00M121.00M107.00M105.00M96.00M86.00M78.00M72.00M65.00M60.00M60.00M61.00M32.00M99.00M331.00M683.00M1,125.00M1,527.00M1,858.00M1,917.00M1,964.00M2,016.00M2,014.00M1,855.00M1,736.00M1,844.00M1,835.00M
Interest Expense - Debt 164.00M165.00M186.00M196.00M201.00M212.00M218.00M225.00M216.00M181.00M181.00M179.00M185.00M157.00M130.00M152.00M150.00M147.00M149.00M138.00M138.00M133.00M130.00M132.00M137.00M190.00M332.00M514.00M734.00M491.00M476.00M482.00M446.00M454.00M431.00M409.00M431.00M523.00M
Interest Expenses 533.00M508.00M497.00M465.00M459.00M448.00M423.00M391.00M336.00M334.00M317.00M307.00M266.00M237.00M250.00M237.00M228.00M222.00M204.00M199.00M194.00M192.00M174.00M266.00M624.00M1,257.00M1,917.00M2,572.00M2,692.00M2,747.00M2,812.00M2,824.00M2,750.00M2,589.00M2,481.00M2,567.00M2,657.00M
Interest Income - Net 1,146.00M1,138.00M1,237.00M1,323.00M1,314.00M1,360.00M1,314.00M1,332.00M1,285.00M1,354.00M1,416.00M1,452.00M1,436.00M1,462.00M1,483.00M1,476.00M1,422.00M1,415.00M1,417.00M1,362.00M1,347.00M1,343.00M1,349.00M3,183.00M3,407.00M3,745.00M3,978.00M3,867.00M3,603.00M3,535.00M3,519.00M3,372.00M3,527.00M3,602.00M3,590.00M3,507.00M3,587.00M3,629.00M
Non-interest income
Interest Income - Total 470.00M437.00M528.00M598.00M739.00M710.00M544.00M689.00M945.00M1,026.00M1,166.00M1,180.00M1,148.00M1,189.00M1,239.00M1,224.00M1,150.00M1,247.00M1,325.00M1,302.00M1,287.00M1,269.00M1,315.00M3,278.00M3,236.00M3,511.00M3,511.00M3,365.00M3,065.00M3,038.00M2,947.00M2,872.00M3,076.00M3,154.00M3,119.00M3,049.00M3,099.00M3,193.00M
Financial Services Fees 252.00M281.00M254.00M260.00M253.00M287.00M252.00M249.00M250.00M299.00M241.00M254.00M271.00M393.00M333.00M362.00M365.00M426.00M355.00M371.00M427.00M422.00M385.00M
Service Charges 156.00M168.00M180.00M186.00M164.00M164.00M147.00M143.00M135.00M145.00M141.00M142.00M137.00M138.00M142.00M149.00M138.00M143.00M152.00M186.00M150.00M158.00M164.00M
Investment Gain (Loss) 150.00M19.00M31.00M40.00M3.00M224.00M241.00M117.00M21.00M16.00M137.00M-4.00M1.00M23.00M23.00M5.00M
Investment Banking Income 39.00M27.00M-4.00M7.00M16.00M18.00M15.00M11.00M15.00M19.00M22.00M19.00M15.00M20.00M18.00M
Income - Trust 32.00M33.00M36.00M38.00M38.00M39.00M40.00M42.00M43.00M45.00M43.00M42.00M45.00M46.00M46.00M47.00M48.00M49.00M51.00M52.00M54.00M55.00M56.00M
Mortgage Banking 188.00M184.00M144.00M142.00M89.00M110.00M184.00M138.00M95.00M83.00M123.00M135.00M216.00M182.00M211.00M231.00M180.00M168.00M117.00M100.00M74.00M86.00M107.00M
Card Income 49.00M57.00M59.00M62.00M61.00M70.00M70.00M73.00M72.00M79.00M78.00M42.00M54.00M59.00M62.00M61.00M59.00M65.00M67.00M11.00M46.00M54.00M55.00M
Other Non-Interest Income 23.00M42.00M24.00M517.00M509.00M671.00M901.00M-1827.00M30.00M48.00M42.00M90.00M52.00M64.00M92.00M91.00M78.00M81.00M70.00M216.00M105.00M92.00M85.00M84.00M93.00M105.00M39.00M75.00M73.00M77.00M1,695.00M152.00M85.00M75.00M1,928.00M557.00M82.00M79.00M
Non-Interest Income 850.00M1,031.00M940.00M970.00M844.00M1,039.00M1,110.00M964.00M714.00M787.00M690.00M922.00M871.00M966.00M963.00M1,020.00M1,001.00M1,046.00M905.00M1,084.00M927.00M958.00M949.00M2,142.00M2,248.00M2,102.00M-832.00M1,421.00M1,380.00M1,334.00M1,363.00M1,446.00M-5212.00M1,483.00M1,470.00M1,392.00M1,400.00M1,558.00M
Operating Items
Amortization - Intangibles 25.00M29.00M36.00M32.00M32.00M30.00M28.00M26.00M25.00M24.00M24.00M22.00M29.00M31.00M28.00M27.00M27.00M26.00M26.00M23.00M23.00M23.00M232.00M234.00M225.00M196.00M200.00M223.00M222.00M223.00M224.00M218.00M222.00M232.00M230.00M231.00M233.00M
Depreciation & Amortization - Total 118.00M114.00M122.00M95.00M102.00M87.00M89.00M103.00M88.00M89.00M84.00M112.00M82.00M89.00M90.00M
Research & Development 30.00M
Wages, Salaries and Other 600.00M644.00M650.00M646.00M649.00M642.00M679.00M694.00M683.00M671.00M679.00M730.00M775.00M797.00M823.00M817.00M844.00M805.00M827.00M782.00M809.00M795.00M2,051.00M2,102.00M2,116.00M289.00M1,668.00M1,705.00M1,669.00M1,474.00M1,630.00M1,661.00M1,628.00M1,587.00M1,587.00M1,653.00M1,726.00M
Rent Expense 129.00M149.00M173.00M138.00M158.00M157.00M155.00M154.00M152.00M151.00M159.00M153.00M159.00M166.00M172.00M171.00M170.00M177.00M174.00M176.00M168.00M170.00M208.00M181.00M176.00M125.00M169.00M166.00M164.00M159.00M160.00M160.00M157.00M179.00M163.00M179.00M182.00M
Restructuring Costs 12.00M18.00M9.00M17.00M38.00M10.00M4.00M-2.00M2.00M16.00M12.00M2.00M43.00M11.00M5.00M27.00M4.00M10.00M8.00M13.00M7.00M216.00M121.00M62.00M67.00M56.00M48.00M61.00M155.00M51.00M33.00M25.00M11.00M38.00M28.00M27.00M
Other Operating Expenses 928.00M1,153.00M1,179.00M1,186.00M1,304.00M1,241.00M1,262.00M1,220.00M1,241.00M1,266.00M1,443.00M1,220.00M1,265.00M1,320.00M1,305.00M1,238.00M1,299.00M1,290.00M1,212.00M1,201.00M1,353.00M1,332.00M3,132.00M3,164.00M3,253.00M1,013.00M2,688.00M2,745.00M2,746.00M9,140.00M2,654.00M2,812.00M2,661.00M2,733.00M2,623.00M2,690.00M2,715.00M
Operating Expenses 1,069.00M1,320.00M1,361.00M1,341.00M1,500.00M1,408.00M1,421.00M1,372.00M1,395.00M1,417.00M1,618.00M1,385.00M1,426.00M1,529.00M1,488.00M1,414.00M1,496.00M1,471.00M1,396.00M1,385.00M1,534.00M1,539.00M3,674.00M3,580.00M3,613.00M1,300.00M3,015.00M3,046.00M3,060.00M9,557.00M2,953.00M3,094.00M2,927.00M3,035.00M2,906.00M2,986.00M3,014.00M
EBIT 965.00M656.00M704.00M707.00M708.00M694.00M655.00M678.00M754.00M773.00M801.00M941.00M995.00M910.00M1,006.00M974.00M1,025.00M981.00M1,194.00M1,028.00M887.00M917.00M1,920.00M2,170.00M2,624.00M2,636.00M3,688.00M3,971.00M4,004.00M-2500.00M4,177.00M-2406.00M4,460.00M4,143.00M4,016.00M4,080.00M4,394.00M
Non-operating items
Other Non Operating Income -122.00M39.00M
Non Operating Income 218.00M100.00M244.00M221.00M278.00M268.00M186.00M354.00M231.00M249.00M188.00M190.00M196.00M
Net income details
EBT 432.00M148.00M207.00M242.00M249.00M246.00M232.00M287.00M418.00M439.00M484.00M634.00M729.00M673.00M756.00M737.00M797.00M759.00M990.00M829.00M693.00M725.00M1,746.00M1,904.00M2,000.00M1,379.00M1,771.00M1,399.00M1,312.00M-5247.00M1,365.00M-5230.00M1,710.00M1,554.00M1,535.00M1,513.00M1,737.00M
Tax Provisions 114.00M-9.00M13.00M48.00M25.00M27.00M15.00M53.00M91.00M68.00M84.00M189.00M191.00M177.00M207.00M481.00M221.00M450.00M401.00M256.00M216.00M172.00M330.00M372.00M363.00M185.00M361.00M230.00M203.00M-56.00M232.00M-1324.00M271.00M265.00M274.00M273.00M285.00M
Profit After Tax 318.00M157.00M194.00M194.00M224.00M219.00M217.00M234.00M327.00M371.00M400.00M445.00M538.00M496.00M549.00M256.00M576.00M309.00M589.00M573.00M477.00M553.00M1,416.00M1,532.00M1,637.00M1,682.00M1,515.00M1,345.00M1,183.00M-5546.00M1,200.00M-3906.00M1,442.00M1,276.00M1,261.00M1,240.00M1,452.00M
Net Income - Minority -62.00M-65.00M
Income from Non-Controlling Interests 6.00M5.00M9.00M6.00M14.00M9.00M9.00M9.00M20.00M5.00M9.00M14.00M20.00M2.00M13.00M16.00M16.00M4.00M14.00M40.00M16.00M4.00M1.00M1.00M4.00M1.00M2.00M36.00M6.00M3.00M19.00M
Income from Continuing Operations 318.00M157.00M194.00M194.00M224.00M219.00M217.00M234.00M327.00M371.00M400.00M445.00M538.00M496.00M549.00M256.00M576.00M309.00M589.00M573.00M477.00M553.00M1,416.00M1,532.00M1,637.00M1,194.00M1,410.00M1,169.00M1,109.00M-5191.00M1,133.00M-3906.00M1,439.00M1,289.00M1,261.00M1,240.00M1,452.00M
Consolidated Net Income 318.00M157.00M194.00M194.00M224.00M219.00M217.00M234.00M327.00M371.00M400.00M445.00M538.00M496.00M549.00M256.00M576.00M309.00M589.00M573.00M477.00M553.00M1,416.00M1,532.00M1,637.00M1,194.00M105.00M176.00M74.00M101.00M67.00M4,828.00M3.00M-13.00M1,261.00M1,240.00M1,452.00M
Income towards Parent Company 318.00M157.00M194.00M194.00M224.00M219.00M217.00M234.00M327.00M371.00M338.00M445.00M538.00M496.00M484.00M256.00M576.00M309.00M589.00M573.00M477.00M553.00M1,415.00M1,531.00M1,633.00M1,681.00M105.00M176.00M74.00M101.00M67.00M4,828.00M3.00M-13.00M1,261.00M1,240.00M1,452.00M
Preferred Dividend Payments 41.00M8.00M25.00M30.00M30.00M13.00M37.00M37.00M37.00M37.00M37.00M88.00M77.00M97.00M71.00M103.00M75.00M106.00M77.00M106.00M77.00M106.00M60.00M104.00M60.00M104.00M
Net Income towards Common Stockholders 271.00M152.00M185.00M188.00M210.00M210.00M208.00M225.00M307.00M366.00M391.00M431.00M510.00M469.00M506.00M210.00M547.00M268.00M538.00M496.00M424.00M512.00M1,327.00M1,454.00M1,536.00M1,610.00M1,410.00M1,234.00M1,071.00M-5167.00M1,091.00M826.00M1,336.00M1,216.00M1,157.00M1,180.00M1,348.00M
Additional items
EPS (Basic) 0.470.230.270.270.300.300.300.320.440.520.560.620.730.670.720.300.780.380.760.700.590.711.001.091.161.211.060.930.80-4.190.82-2.981.000.920.880.911.05
EPS (Weighted Average and Diluted) 0.470.230.270.270.300.300.290.320.440.520.560.610.720.660.710.290.770.370.750.680.580.700.991.091.151.211.050.920.80-4.170.81-2.980.990.920.870.901.04
Shares Outstanding (Weighted Average) 560.64M648.14M687.62M690.68M692.10M692.96M693.73M694.60M696.47M697.05M697.23M697.23M698.64M699.13M699.64M701.69M701.69M703.87M710.89M710.89M718.50M719.58M1,331.41M1,326.39M1,326.77M1,326.77M1,327.91M1,331.92M1,331.98M1,333.67M1,338.10M1,339.14M1,339.14M1,327.52M1,305.35M1,289.44M1,289.44M
Shares Outstanding (Diluted Average) 563.57M608.80M672.46M635.62M698.67M701.32M701.53M701.04M704.10M704.97M705.60M705.17M707.37M708.45M709.88M708.88M716.10M714.36M724.28M728.45M729.99M1,341.56M1,340.22M1,339.07M1,338.46M1,339.48M1,338.35M1,340.57M1,331.96M1,346.90M1,338.15M1,349.13M1,331.09M1,324.34M1,314.78M1,308.68M
EBITDA 965.00M656.00M704.00M707.00M708.00M694.00M655.00M678.00M754.00M773.00M801.00M941.00M995.00M910.00M1,006.00M974.00M1,025.00M981.00M1,194.00M1,028.00M887.00M917.00M2,038.00M2,284.00M2,746.00M2,731.00M3,790.00M4,058.00M4,093.00M-2397.00M4,265.00M-2317.00M4,544.00M4,255.00M4,098.00M4,169.00M4,484.00M
Tax Rate 26.39%6.28%19.83%10.04%10.98%6.47%18.47%21.77%15.49%17.36%29.81%26.20%26.30%27.38%65.26%27.73%59.29%40.51%30.88%31.17%23.72%18.90%19.54%18.15%13.42%20.38%16.44%15.47%1.07%17.00%25.32%15.85%17.05%17.85%18.04%16.41%