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 June 30, 2024 was $2.122B, a 25.8% decline year-over-year.
- Truist Financial net income/loss for the twelve months ending June 30, 2024 was $6.318B, a 58.51% decline year-over-year.
- 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 for 2021 was $6.437B, a 43.3% increase from 2020.
Truist Financial Annual Net Income/Loss
(Millions of US $) |
| 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 |
$56.940B |
$33.246B |
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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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