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Truist Financial Corp (TFC)

Truist Financial Corp (TFC)
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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.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 24,253,000 33,246,000 25,356,000 23,064,000 24,427,000
Sales Growth -27.05% +31.12% +9.94% -5.58% +66.58%
Net Income 4,818,000 -1,091,000 6,260,000 6,440,000 4,482,000
Net Income Growth +541.61% -117.43% -2.80% +43.69% +39.02%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 531,176,000 535,349,000 555,255,000 541,241,000 509,228,000
Total Assets Growth -0.78% -3.59% +2.59% +6.29% +7.64%
Total Liabilities 467,497,000 476,096,000 494,718,000 471,970,000 438,316,000
Total Liabilities Growth -1.81% -3.76% +4.82% +7.68% +7.82%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow 2,164,000 8,631,000 11,081,000 7,892,000 7,437,000
Operating Cash Flow Growth -74.93% -22.11% +40.41% +6.12% +389.28%
Net Cash Flow 9,124,000 9,223,000 1,126,000 1,427,000 -197,000
Change in Net Cash Flow -1.07% +719.09% -21.09% +824.37% -101.29%
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