Truist Financial Corporation
Truist Financial Corporation (TFC-PI) Financial Performance & Income Statement Overview
Review Truist Financial Corporation (TFC-PI) income statement, balance sheet, and cash flow reports with annual and quarterly breakdowns.
Truist Financial Corporation (TFC-PI) Income Statement & Financial Overview
Review Truist Financial Corporation TFC-PI income statement with detailed quarterly and annual figures.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $7.38B | $7.65B | $7.83B | $1.14B |
| Cost of Revenue | $2.94B | $3.06B | $3.20B | $3.27B |
| Gross Profit | $4.44B | $4.59B | $4.64B | -$2.14B |
| Gross Profit Ratio | $0.60 | $0.60 | $0.59 | -$1.88 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $1.66B | $1.66B | $1.70B | $1.72B |
| Operating Expenses | $2.91B | $3.04B | $2.93B | $3.09B |
| Total Costs & Expenses | $5.84B | $6.09B | $6.13B | $6.37B |
| Interest Income | $5.99B | $6.18B | $6.35B | $6.35B |
| Interest Expense | $2.48B | $2.59B | $2.75B | $2.82B |
| Depreciation & Amortization | $220.00M | $237.00M | $229.00M | $240.00M |
| EBITDA | $1.75B | $1.79B | $1.94B | -$4.99B |
| EBITDA Ratio | $0.24 | $0.23 | $0.25 | -$4.38 |
| Operating Income | $1.53B | $1.55B | $1.71B | -$5.23B |
| Operating Income Ratio | $0.21 | $0.20 | $0.22 | -$4.59 |
| Other Income/Expenses (Net) | $0.00 | $0.00 | $0.00 | $0.00 |
| Income Before Tax | $1.53B | $1.55B | $1.71B | -$5.23B |
| Income Before Tax Ratio | $0.21 | $0.20 | $0.22 | -$4.59 |
| Income Tax Expense | $274.00M | $265.00M | $271.00M | -$1.32B |
| Net Income | $1.26B | $1.28B | $1.44B | $903.00M |
| Net Income Ratio | $0.17 | $0.17 | $0.18 | $0.79 |
| EPS | $0.88 | $0.92 | $1.00 | $0.62 |
| Diluted EPS | $0.87 | $0.91 | $0.99 | $0.62 |
| Weighted Avg Shares Outstanding | $1.31B | $1.32B | $1.33B | $1.34B |
| Weighted Avg Shares Outstanding (Diluted) | $1.32B | $1.33B | $1.35B | $1.34B |
The company's financials show resilient growth, with revenue advancing from $1.14B in Q2 2024 to $7.38B in Q1 2025. Gross profit remained healthy with margins at 60% in Q1 2025 compared to -188% in Q2 2024. Operating income hit $1.53B last quarter, sustaining a consistent 21% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $1.75B. Net income dropped to $1.26B, while earnings per share reached $0.88. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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