Truist Financial Gross Profit 2010-2024 | TFC
Truist Financial annual/quarterly gross profit history and growth rate from 2010 to 2024. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services.
- Truist Financial gross profit for the quarter ending September 30, 2024 was $5.085B, a 4.44% increase year-over-year.
- Truist Financial gross profit for the twelve months ending September 30, 2024 was $16.468B, a 22.86% decline year-over-year.
- Truist Financial annual gross profit for 2023 was $23.39B, a 1.54% increase from 2022.
- Truist Financial annual gross profit for 2022 was $23.035B, a 3.31% increase from 2021.
- Truist Financial annual gross profit for 2021 was $22.296B, a 1.8% decline from 2020.
Truist Financial Annual Gross Profit (Millions of US $) |
2023 |
$23,390 |
2022 |
$23,035 |
2021 |
$22,296 |
2020 |
$22,705 |
2019 |
$12,568 |
2018 |
$11,558 |
2017 |
$11,317 |
2016 |
$10,793 |
2015 |
$9,611 |
2014 |
$9,230 |
2013 |
$9,652 |
2012 |
$9,677 |
2011 |
$8,620 |
2010 |
$9,277 |
2009 |
$8,778 |
Truist Financial Quarterly Gross Profit (Millions of US $) |
2024-09-30 |
$5,085 |
2024-06-30 |
$-1,685 |
2024-03-31 |
$4,818 |
2023-12-31 |
$8,250 |
2023-09-30 |
$4,869 |
2023-06-30 |
$4,983 |
2023-03-31 |
$5,288 |
2022-12-31 |
$6,208 |
2022-09-30 |
$5,847 |
2022-06-30 |
$5,655 |
2022-03-31 |
$5,325 |
2021-12-31 |
$5,566 |
2021-09-30 |
$5,598 |
2021-06-30 |
$5,650 |
2021-03-31 |
$5,482 |
2020-12-31 |
$5,651 |
2020-09-30 |
$5,572 |
2020-06-30 |
$5,871 |
2020-03-31 |
$5,611 |
2019-12-31 |
$3,625 |
2019-09-30 |
$3,003 |
2019-06-30 |
$3,042 |
2019-03-31 |
$2,898 |
2018-12-31 |
$2,940 |
2018-09-30 |
$2,926 |
2018-06-30 |
$2,879 |
2018-03-31 |
$2,813 |
2017-12-31 |
$2,869 |
2017-09-30 |
$2,813 |
2017-06-30 |
$2,855 |
2017-03-31 |
$2,780 |
2016-12-31 |
$2,727 |
2016-09-30 |
$2,774 |
2016-06-30 |
$2,747 |
2016-03-31 |
$2,545 |
2015-12-31 |
$2,519 |
2015-09-30 |
$2,452 |
2015-06-30 |
$2,331 |
2015-03-31 |
$2,309 |
2014-12-31 |
$2,357 |
2014-09-30 |
$2,298 |
2014-06-30 |
$2,301 |
2014-03-31 |
$2,274 |
2013-12-31 |
$2,446 |
2013-09-30 |
$2,322 |
2013-06-30 |
$2,461 |
2013-03-31 |
$2,423 |
2012-12-31 |
$2,496 |
2012-09-30 |
$2,446 |
2012-06-30 |
$2,428 |
2012-03-31 |
$2,307 |
2011-12-31 |
$2,374 |
2011-09-30 |
$2,106 |
2011-06-30 |
$2,141 |
2011-03-31 |
$1,999 |
2010-12-31 |
$2,296 |
2010-09-30 |
$2,424 |
2010-06-30 |
$2,399 |
2010-03-31 |
$2,158 |
2009-12-31 |
$2,293 |
2009-09-30 |
$2,177 |
2009-06-30 |
$2,131 |
2009-03-31 |
$2,177 |
Sector |
Industry |
Market Cap |
Revenue |
Finance |
Banks - Major Regional |
$57.508B |
$33.246B |
Truist Financial is the sixth largest commercial bank in the United States. The company conducts business operations primarily through its bank subsidiary, Truist Bank, and few other non-bank subsidiaries, serving consumers and commercial clients. It has the following operating segments: Consumer Banking and Wealth comprises Retail Community Banking, NCF&P, Wealth, Mortgage Banking and Dealer Retail Services. Corporate & Commercial Banking comprises Corporate and Investment Banking, Commercial Community Banking, Commercial Real Estate, and Grandbridge Real Estate Capital, LLC and Treasury Solutions product group. Insurance Holdings provides property and casualty, employee benefits, life insurance surety coverage, as well as title insurance. Others, Treasury & Corporate includes Truist Financial's investment securities portfolio, long-term debt, derivative instruments used for balance sheet hedging, short-term liquidity and funding activities, balance sheet risk management, as well as most real estate assets.
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