Truist Financial Net Income/Loss 2010-2024 | TFC

Truist Financial annual/quarterly net income/loss history and growth rate from 2010 to 2024. Net income/loss can be defined as the company's total income or loss before preferred stock dividends, taken from the Income Statement
  • Truist Financial net income/loss for the quarter ending December 31, 2024 was $3.564B, a 11.85% decline year-over-year.
  • Truist Financial net income/loss for the twelve months ending December 31, 2024 was $5.839B, a 60.24% decline year-over-year.
  • Truist Financial annual net income/loss for 2024 was $4.84B, a 562.27% decline from 2023.
  • Truist Financial annual net income/loss for 2023 was $-1.047B, a 116.71% decline from 2022.
  • Truist Financial annual net income/loss for 2022 was $6.267B, a 2.64% decline from 2021.
Truist Financial Annual Net Income/Loss
(Millions of US $)
2024 $4,840
2023 $-1,047
2022 $6,267
2021 $6,437
2020 $4,492
2019 $3,237
2018 $3,257
2017 $2,415
2016 $2,442
2015 $2,123
2014 $2,206
2013 $1,730
2012 $2,028
2011 $1,332
2010 $854
2009 $877
Sector Industry Market Cap Revenue
Finance Banks - Major Regional $60.190B $24.253B
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.
Stock Name Country Market Cap PE Ratio
U.S Bancorp (USB) United States $71.146B 11.46
Bank Of New York Mellon (BK) United States $63.990B 14.57
M&T Bank (MTB) United States $31.700B 12.96
Fifth Third Bancorp (FITB) United States $28.827B 12.76
State Street (STT) United States $28.429B 11.33
Northern Trust (NTRS) United States $22.363B 14.65
KeyCorp (KEY) United States $18.533B 14.58
Comerica (CMA) United States $8.526B 12.03
BankUnited (BKU) United States $2.790B 12.12