TFCTruist Financial

Financials · Banks · NYSE

Truist Financial Corporation is a purpose-driven financial services company committed to inspiring and building better lives and communities. 10-K, Item 1

Headquarters: Charlotte, NC
CEO: Michael P. Lyons
Next results: around Jan 20, 2027

Compare with peers → Embed

All key numbers (33, from the latest 10-K and 10-Q) From EDGAR

EPS (ttm)	3.88	Sales (ttm)	19.4B	Net income (ttm)	4.9B	Sales growth	+53.0%	EPS growth	+13.7%	Sales Q/Q	-27.8%
Free cash flow	-	Gross margin	-	Oper. margin	-	Net margin	25.1%	FCF margin	-	ROE	7.9%
ROA	0.9%	R&D / sales	-	Dividend	2.08	Debt/Eq	1.07	Curr. ratio	-	Cash	45.5B
Op. cash flow (ttm)	6.1B	Net debt	20.3B	Payout ratio	54.5%	Tax rate	16.4%	Stock pay / sales	1.6%	Shares out.	1.2B
Shares Y/Y	-2.1%	Book / share	51.29	Cash / share	37.94	Sales / share	16.20	Asset turnover	0.04	Sales 3Y CAGR	+0.6%
Sales 5Y CAGR	-2.2%	EPS 3Y CAGR	-4.8%	EPS 5Y CAGR	+4.4%

Hover or tap a number to see the XBRL line item and filing it comes from; click it to open that filing at SEC. What each number means. Looks wrong? Tell us.

Changes in the numbers

FY2025 against FY2024

Revenue growth sped up to +53.0%-33.7% → +53.0% · Revenue FY2025 / revenue FY2024 − 1, against the same a year earlier · 10-K ↗

What management wrote about it → · Every company →

TFC against Financials peers

Ten years, side by side → · All 76 →

TFCPeer median

Each side 0 to 100, ranked against every company we cover: relative position on reported figures, not a buy score. How

Every dot is one of the 76 companies, the better end on the right. Hover a dot for the company.

Sales growth

+53.0%2nd of 76 · median +7.2%

Net margin

25.1%26th of 76 · median 20.4%

Return on equity

7.9%64th of 74 · median 16.7%

Debt / equity (less is better)

1.0745th of 62 · median 0.70

TFC and the 5 peers closest in revenue
Company	Revenue (ttm)	Sales growth	Gross margin	Net margin	ROE	FCF margin	Debt / equity
TFC Truist Financial	$19.4B	+53.0%	-	25.1%	7.9%	-	1.07
KKR KKR & Co.	$20.3B	-11.0%	-	16.8%	11.3%	-	-
AMP Ameriprise Financial	$20.1B	+5.5%	-	20.7%	81.4%	36.4%	-
SYF Synchrony Financial	$19.3B	-2.8%	-	17.3%	20.1%	-	1.03
L Loews Corporation	$18.8B	+5.4%	-	7.9%	8.1%	9.0%	0.49
ACGL Arch Capital Group	$18.8B	+14.3%	-	23.3%	19.0%	30.0%	-

Profitability

1 of 3

✓
Net margin above the peer median25.1% vs 20.4%
!
Return on equity below 15%7.9%
!
A profit in 9 of 10 years

Net margin, FY2016 to FY2025: 20.9% → 24.5%

Cash and shareholders

2 of 2

✓
Share count down over 5 years−4.1%
✓
Dividend per share up over 5 years$1.80 → $2.08

Free cash flow, FY2016 to FY2025: 4.0B → 10.5B

Each tick is a fact with a fixed rule (on /methodology), not a score or advice. A check without the numbers it needs is left out.

What the debt is made of, and when it is due

balance sheet of Sep 30, 2026 · schedule of Dec 31, 2025

The debt note's own lines, 2025-12-31

Line, as the company names it	Kind	Rate	Fixed or floating	Amount
FHLB advances	–	–	not stated	$22.1B
Securities sold under agreements to repurchase	–	–	not stated	$3.1B

From the debt note in the 10-K's XBRL (0000092230-26-000030), as the company tags it: by issue, by year, by currency or by kind. Lines from two ways of cutting the same debt can overlap, so they are not added up. Fixed or floating is read from the line's own name only; "not stated" when it says neither.

Left: the debt lines on the balance sheet (XBRL). Right: the principal due each year, from the debt note's maturity schedule; it can differ a little from the balance sheet, which shows the debt net of discounts and fees. Leases are not counted. The full schedule →

Revenue and net income, FY2016 to FY2025

Revenue 20.3B Net income 5.0B

From XBRL in each 10-K. Hover a bar for the line item and filing. Full financials →

TFC's income statement, balance sheet and cash flow as reported to the SEC in XBRL, one column per fiscal year. Hover a number to see the line item and filing it comes from. Where a company changed how it tags a line, the first tag it reported for that period is used. A number looks wrong? Tell us.

Annual Quarterly

Revenue20.3B

Net income5.0B

Free cash flow10.5B

EPS (diluted)3.82

Dividend per share2.08

Diluted shares1.3B

Income statement

From EDGAR

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	10.8B	11.3B	11.6B	12.6B	22.7B	22.3B	20.0B	20.0B	13.3B	20.3B
Interest expense	745.0M	839.0M	1.4B	2.1B	1.7B	768.0M	2.3B	9.9B	11.3B	10.1B
Pretax income	3.5B	3.3B	4.1B	4.0B	5.5B	8.0B	7.0B	-765.0M	-601.0M	6.3B
Income tax	1.1B	911.0M	803.0M	782.0M	981.0M	1.6B	1.2B	738.0M	-556.0M	1.0B
Net income	2.3B	2.2B	3.1B	3.0B	4.2B	6.0B	5.9B	-1.5B	4.5B	5.0B
EPS (diluted)	2.77	2.74	3.91	3.71	3.08	4.47	4.43	-1.09	3.36	3.82
Diluted shares	814.9M	811.0M	783.5M	815.2M	1.4B	1.3B	1.3B	1.3B	1.3B	1.3B
Net margin	20.9%	19.6%	26.5%	24.1%	18.4%	27.1%	29.7%	-7.3%	33.7%	24.5%
Revenue growth	-	+4.9%	+2.1%	+8.7%	+80.7%	-1.8%	-10.4%	+0.2%	-33.7%	+53.0%
EPS growth	-	-1.1%	+42.7%	-5.1%	-17.0%	+45.1%	-0.9%	-125%	-	+13.7%

Balance sheet

From EDGAR

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash	4.3B	3.0B	3.8B	19.1B	18.9B	20.3B	21.4B	30.6B	39.8B	36.4B
Property & equipment	2.1B	2.1B	2.1B	3.7B	3.9B	3.7B	3.5B	3.3B	3.2B	3.2B
Goodwill	9.6B	9.6B	9.8B	24.2B	24.4B	23.0B	23.2B	17.2B	17.1B	17.1B
Total assets	219.3B	221.6B	225.7B	473.1B	509.2B	541.2B	555.3B	535.3B	531.2B	547.5B
Total debt	23.4B	28.6B	28.9B	59.6B	45.7B	41.2B	66.6B	63.7B	64.2B	69.8B
Total liabilities	189.3B	191.9B	195.5B	406.5B	438.3B	472.0B	494.7B	476.1B	467.5B	482.3B
Shareholders' equity	29.9B	29.7B	30.2B	66.6B	70.9B	69.3B	60.5B	59.3B	63.7B	65.2B
Retained earnings	14.8B	16.3B	18.1B	19.8B	19.5B	23.0B	26.3B	22.1B	23.8B	26.1B

Cash flow

From EDGAR

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	3.1B	4.6B	4.3B	1.5B	7.4B	7.9B	11.1B	8.6B	2.2B	5.7B
Capital spending	-	-	363.0M	224.0M	815.0M	442.0M	564.0M	-	-	-
Free cash flow	-	-	4.0B	1.3B	6.6B	7.5B	10.5B	-	-	-
Stock-based pay (added back)	115.0M	132.0M	141.0M	165.0M	353.0M	320.0M	261.0M	298.0M	292.0M	317.0M
Dividends paid	925.0M	1.0B	1.2B	1.3B	2.4B	2.5B	2.7B	2.8B	2.8B	2.7B
Buybacks	520.0M	1.6B	1.2B	0	0	1.6B	250.0M	0	1.0B	2.5B
Acquisitions	726.0M	0	296.0M	-6.3B	2.4B	1.6B	4.7B	17.0M	-	-
Debt raised	3.9B	8.9B	2.8B	7.1B	26.6B	4.7B	15.8B	50.9B	22.8B	69.8B
Debt repaid	5.8B	7.5B	2.5B	9.3B	28.3B	8.0B	7.3B	55.0B	26.8B	63.1B
Investing cash flow	-976.0M	-5.4B	-5.0B	8.3B	-43.7B	-32.1B	-30.0B	22.9B	18.6B	-17.8B
Financing cash flow	-1.9B	-549.0M	1.5B	5.4B	36.0B	25.6B	20.0B	-22.3B	-11.6B	8.6B
Dividend per share	1.15	1.26	1.56	1.71	1.80	1.86	2.00	2.08	2.08	2.08

Stock-based pay and leases

From EDGAR

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Stock-based pay (expense)	115.0M	132.0M	141.0M	165.0M	353.0M	320.0M	261.0M	298.0M	292.0M	317.0M
Stock-based pay / revenue	1.1%	1.2%	1.2%	1.3%	1.6%	1.4%	1.3%	1.5%	2.2%	1.6%
Operating lease cost	-	-	-	209.0M	360.0M	319.0M	295.0M	285.0M	280.0M	279.0M
Right-of-use assets	-	-	-	1.8B	1.3B	1.2B	1.2B	1.1B	1.0B	1.0B
Operating lease liabilities	-	-	-	2.1B	1.9B	1.6B	1.5B	1.4B	1.3B	1.3B
Finance lease liabilities	-	-	-	123.0M	42.0M	26.0M	23.0M	12.0M	19.0M	16.0M

From SEC's XBRL company facts (data.sec.gov). EBITDA = operating income + depreciation and amortization; free cash flow = operating cash flow - capital spending; total debt = long-term debt (with its current part) + short-term borrowings. Stock-based pay and leases are shown as the company reports them; Tickdelta does not take them out of earnings or add leases to debt. Click a number to open the filing in SEC's Inline XBRL viewer, where you can click the same number to see how it is tagged. Values a company later revised show as revised; the Revised numbers tab lists the changes.

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