Truist Financial (TFC) Financial Statements & Analysis

Truist Financial (TFC) Income Statement

Truist Financial reported revenue of $20.32B in fiscal 2025 (fiscal year ended Dec 31, 2025), down 16.2% from $24.25B a year earlier. Net income was $5.31B, up 10.1% year over year, a net margin of 26.1%. Gross margin was 93.2% and operating margin 31.2%. In the most recent quarter, Q3 fiscal 2026 (ended Sep 30, 2026), revenue was $4.00B, down 15.8% from the same quarter a year earlier.

Truist Financial Income Statement Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

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Truist Financial Corporation income statement - Annual data in billions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	20.32	24.25	17.91	19.97	23.06	24.43	14.66	13.00	12.16
Cost of Revenue	11.50	12.85	12.04	3.10	-0.05	4.06	2.71	2.00	1.39
Gross Profit	18.94	11.41	17.91	19.20	23.11	20.37	11.95	10.99	10.77
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	7.15	6.77	3.44	6.88	8.93	8.42	4.97	4.42	4.32
Operating Expenses	12.59	12.01	18.68	12.17	15.12	14.90	7.93	6.93	7.44
Operating Income	6.35	-0.60	-0.77	7.03	7.99	5.47	4.02	4.06	3.33
Other Income/Expense
Interest Income	24.54	25.07	24.45	16.63	13.77	15.55	9.41	8.12	7.37
Interest Expense	10.12	10.98	9.93	2.32	0.77	1.72	2.10	1.44	0.84
Other Income/Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income
Income Before Tax	6.35	-0.60	-0.77	7.03	7.99	5.47	4.02	4.06	3.33
Income Tax Expense	1.04	-0.56	0.74	1.25	1.56	0.98	0.78	0.80	0.91
Net Income	5.31	4.82	-1.45	6.26	6.44	4.48	3.22	3.24	2.39
Net Income - Continuous Operations	5.31	4.82	-1.50	5.78	6.44	4.48	3.22	3.24	2.39
Net Income - Discontinued Operations	-	4.89	0.46	0.49	-	-	-	-	-
EBITDA	7.05	0.38	1.22	1.37	9.38	7.08	4.65	4.62	3.88
EBIT	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	0.29	0.98	0.40	0.64	1.38	1.61	0.63	0.56	0.55
Earnings Per Share
Basic EPS	4.00	3.00	-1.00	4.00	5.00	3.00	4.00	4.00	3.00
Diluted EPS	4.00	3.00	-1.00	4.00	4.00	3.00	4.00	4.00	3.00
Basic Shares Outstanding	1.29	1.33	1.33	1.33	1.34	1.35	0.81	0.77	0.80
Diluted Shares Outstanding	1.30	1.33	1.33	1.34	1.35	1.36	0.82	0.78	0.81

Source: Company financial statements from annual and quarterly filings. Data as of Sep 30, 2026. Data sources and methodology

Frequently Asked Questions About Truist Financial Financial Statements

What was Truist Financial's revenue in fiscal 2025?

Truist Financial reported revenue of $20.32B in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 16.2% from $24.25B a year earlier.

Is Truist Financial profitable?

Yes. Truist Financial earned net income of $5.31B in fiscal 2025, a net margin of 26.1%. In fiscal 2024 it earned $4.82B.

What is Truist Financial's operating margin?

Truist Financial's operating income was $6.35B on revenue of $20.32B in fiscal 2025, an operating margin of 31.2%, compared with -2.5% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition