Truist Financial (TFC)
Banking franchise spanning retail deposits, commercial lending, capital markets, wealth and payments.
$48.03
After hours−0.03 (−0.06%)
At close$48.06(−1.92%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7,561 | 8,421 | 7,630 | 1,139 | 7,835 | 7,649 | 7,380 | 7,554 | 7,844 | 7,660 | 7,408 | 7,611 |
| Cost of revenue | 3,189 | 3,295 | 3,312 | 3,275 | 3,198 | 3,060 | 2,939 | 3,055 | 3,093 | 2,414 | 2,735 | 2,741 |
| Gross profit | 4,372 | 5,126 | 4,318 | −2,136 | 4,637 | 4,589 | 4,441 | 4,499 | 4,751 | 5,246 | 4,673 | 4,870 |
| 3,060 | 10,280 | 2,953 | 3,094 | 2,927 | 3,035 | 2,906 | 2,986 | 3,014 | 3,682 | 2,983 | 3,055 | |
| 1,739 | 2,079 | 1,686 | 1,724 | 1,703 | 1,661 | 1,662 | 1,735 | 1,805 | 2,803 | 1,806 | 1,883 | |
| Selling & marketing | 70 | 62 | 56 | 63 | 75 | 74 | 75 | 82 | 79 | 63 | 79 | 91 |
| General & administrative | 1,669 | 2,017 | 1,630 | 1,661 | 1,628 | 1,587 | 1,587 | 1,653 | 1,726 | 2,740 | 1,727 | 1,792 |
| Other expenses | 1,321 | 8,201 | 1,267 | 1,370 | 1,224 | 1,374 | 1,244 | 1,251 | 1,209 | 879 | 1,177 | 1,172 |
| Operating income | 1,312 | −5,154 | 1,365 | −5,230 | 1,710 | 1,554 | 1,535 | 1,513 | 1,737 | 1,564 | 1,690 | 1,815 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest income | 6,227 | 6,266 | 6,184 | 6,351 | 6,352 | 6,179 | 5,988 | 6,154 | 6,286 | 6,114 | 5,855 | 5,967 |
| Interest expense | 2,692 | 2,723 | 2,812 | 2,824 | 2,750 | 2,589 | 2,481 | 2,567 | 2,657 | 2,414 | 2,256 | 2,346 |
| Income before tax | 1,312 | −5,154 | 1,365 | −5,230 | 1,710 | 1,554 | 1,535 | 1,513 | 1,737 | 1,564 | 1,690 | 1,815 |
| Income tax expense | 203 | −64 | 232 | −1,324 | 271 | 265 | 274 | 273 | 285 | 210 | 209 | 262 |
| Net income from continuing operations | 1,109 | −5,090 | 1,133 | −3,906 | 1,439 | 1,289 | 1,261 | 1,240 | 1,452 | 1,354 | 1,481 | 1,553 |
| Discontinued operations | 74 | 0 | 67 | 4,828 | 3 | −13 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 1,177 | −5,090 | 1,197 | 903 | 1,442 | 1,276 | 1,261 | 1,240 | 1,452 | 1,354 | 1,481 | 1,553 |
| EPS, basic | $0.80 | −$3.87 | $0.82 | $0.62 | $1.00 | $0.92 | $0.88 | $0.91 | $1.05 | $1.02 | $1.10 | $1.24 |
| EPS, diluted | $0.80 | −$3.87 | $0.81 | $0.62 | $0.99 | $0.91 | $0.87 | $0.90 | $0.90 | $1.00 | $1.09 | $1.23 |
| Weighted average shares, basic | 1,334 | 1,334 | 1,335 | 1,338 | 1,334 | 1,317 | 1,307 | 1,292 | 1,292 | 1,267 | 1,249 | 1,225 |
| Weighted average shares, diluted | 1,341 | 1,334 | 1,347 | 1,338 | 1,349 | 1,334 | 1,324 | 1,305 | 1,305 | 1,285 | 1,267 | 1,239 |
| EBITDA | 1,614 | −4,858 | 1,638 | −4,990 | 1,939 | 1,791 | 1,755 | 1,725 | 1,939 | 1,634 | 1,883 | 1,815 |
| Depreciation & amortization | 302 | 296 | 273 | 240 | 229 | 237 | 220 | 212 | 202 | 70 | 193 | 0 |
| EBIT | 1,312 | −5,154 | 1,365 | −5,230 | 1,710 | 1,554 | 1,535 | 1,513 | 1,737 | 1,564 | 1,690 | 1,815 |