Truist Financial Corporation (TFC) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	30.5B	30.4B	24.3B	29.9B	22.3B
Cost of Revenue	11.0B	11.5B	12.8B	12.0B	3.1B
Gross Profit	19.5B	18.9B	11.4B	17.9B	19.2B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	8.3B	8.0B	6.8B	6.8B	6.9B
General & Admin Expense	8.0B	7.7B	6.5B	6.5B	6.6B
Selling & Marketing Expense	312.0M	299.0M	268.0M	260.0M	321.0M
Other Expenses	4.4B	4.6B	5.2B	11.9B	5.3B
Total Operating Expenses	12.7B	12.6B	12.0B	18.7B	12.2B
Cost and Expenses	23.7B	24.1B	24.9B	30.7B	15.3B
Operating Income (EBIT)	6.8B	6.3B	(601.0M)	(765.0M)	7.0B
Non-Operating
Interest Income	24.2B	24.5B	25.1B	24.5B	16.6B
Interest Expense	9.7B	10.1B	11.0B	9.9B	2.3B
Net Interest Income	14.5B	14.4B	14.1B	14.5B	14.3B
Other Non-Op Income/Expense	—	—	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	6.8B	6.3B	(601.0M)	(765.0M)	7.0B
Income Tax Expense	966.0M	1.0B	(556.0M)	738.0M	1.3B
Bottom Line
Net Income	5.8B	5.3B	4.8B	(1.1B)	6.3B
Earnings from Cont. Ops	5.8B	5.3B	(45.0M)	(1.5B)	5.8B
Earnings from Discont. Ops	—	—	4.9B	456.0M	488.0M
Bottom Line Net Income	5.5B	5.0B	4.5B	(1.5B)	5.9B
Per Share
Basic EPS	$4.41	$3.86	$3.36	($1.09)	$4.46
Diluted EPS	$4.22	$3.82	$3.36	($1.09)	$4.43
Revenue Per Share	$24.92	$24.02	$18.22	$22.49	$16.79
Shares
Basic Shares Outstanding	1.2B	1.3B	1.3B	1.3B	1.3B
Diluted Shares Outstanding	1.2B	1.3B	1.3B	1.3B	1.3B
Profitability Metrics
EBITDA	7.3B	7.1B	378.0M	450.0M	8.4B
D&A	465.0M	704.0M	979.0M	1.2B	1.4B
EBIT	6.8B	6.3B	(601.0M)	(765.0M)	7.0B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026