TRUIST FINANCIAL CORP (TFC)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Provision (benefit) for income taxes | 273 | 274 | 271 | -1,324 |
| Net income from discontinued operations | - | - | 3 | 4,828 |
| Net interest income after provision for credit losses | - | - | - | 3,076 |
| Provision for credit losses | 488 | 458 | 448 | 451 |
| Noninterest income | 1,400 | 1,392 | 1,483 | -5,212 |
| Restructuring charges | 28 | 38 | 25 | 33 |
| Professional fees and outside processing | 373 | 364 | 336 | 308 |
| Other expense | 190 | 188 | 231 | 354 |
| Operating lease depreciation | 33 | 35 | 34 | 34 |
| Net occupancy expense | 179 | 163 | 157 | 160 |
| Marketing and customer development | 82 | 75 | 75 | 63 |
| Personnel expense | 1,653 | 1,587 | 1,628 | 1,661 |
| Regulatory costs | 55 | 69 | 51 | 85 |
| Equipment expense | 89 | 82 | 84 | 89 |
| Software expense | 231 | 230 | 222 | 218 |
| Amortization of intangibles | 73 | 75 | 84 | 89 |
| Total noninterest expense | 2,986 | 2,906 | 2,927 | 3,094 |
| Total interest expense | - | - | - | 2,824 |
| Interest on other borrowings | 292 | 336 | 282 | 362 |
| Interest on long-term debt | 431 | 409 | 454 | 446 |
| Interest on deposits | 1,844 | 1,736 | 2,014 | 2,016 |
| Total interest expense | 2,567 | 2,481 | 2,750 | - |
| Interest on other earning assets | 536 | 520 | 631 | 634 |
| Interest and fees on loans and leases | 4,657 | 4,493 | 4,852 | 4,879 |
| Interest on securities | 961 | 975 | 869 | 838 |
| Total interest income | 6,154 | 5,988 | 6,352 | 6,351 |
| Net interest income | 3,587 | 3,507 | 3,602 | 3,527 |
| Income (loss) before income taxes | 1,513 | 1,535 | 1,710 | -5,230 |
| Net income | 1,240 | 1,261 | 1,442 | 922 |
| Preferred stock dividends and other | 60 | 104 | 106 | 77 |
| Noncontrolling interests from discontinued operations | - | - | - | 19 |
| Net income available to common shareholders | 1,180 | 1,157 | 1,336 | 826 |
| Basic eps | 0.91 | 0.88 | 1 | 0.62 |
| Basic weighted average shares outstanding | 1,292,292,000 | 1,307,457,000 | 1,334,212,000 | 1,338,149,000 |
| Diluted eps | 0.9 | 0.87 | 0.99 | 0.62 |
| Diluted weighted average shares outstanding | 1,305,005,000 | 1,324,339,000 | 1,349,129,000 | 1,338,149,000 |