Truist Financial Corp (TFC) Financial Statements
Industry: National Commercial Banks
In fiscal 2025, Truist Financial reported revenue of $20.32B, up 53.0% from $13.28B the year before. Net income was $5.31B (a 26.1% net margin), or $3.82 per diluted share. Net interest income was $14.42B, and the efficiency ratio (noninterest expense / revenue) was 59.4%. Operating activities generated $5.74B of cash. At fiscal year end, Truist Financial held $547.54B in total assets against $482.35B in total liabilities.
Open the full interactive Truist Financial financials → Quarterly statements, key ratios, valuation history and price charts.
Truist Financial Key Stats
| Share Price | $45.92 |
|---|---|
| Market Cap | $56.90B |
| P/E Ratio | 12.0 |
| Revenue YoY Growth | +53.0% |
| 52-Week Range | $39.40 – $54.14 |
| Shares Outstanding | 1.22 billion (basic, 2026 Q2) |
Truist Financial Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Net Interest Income | $13.83B | $13.01B | $14.32B | $14.60B | $14.09B | $14.42B |
| Provision for Credit Losses | $2.33B | -$813.0M | $777.0M | $2.11B | $1.87B | $1.89B |
| Noninterest Income | $8.88B | $9.29B | $8.72B | $8.79B | -$813.0M | $5.90B |
| Noninterest Expense | $14.90B | $15.12B | $14.59B | $21.47B | $12.01B | $12.08B |
| Revenue | $22.70B | $22.30B | $23.04B | $23.39B | $13.28B | $20.32B |
| Pre-Tax Income | $5.47B | $7.99B | $7.67B | -$185.0M | -$601.0M | $6.35B |
| Income Tax | $981.0M | $1.56B | $1.40B | $862.0M | -$556.0M | $1.04B |
| Net Income | $4.48B | $6.44B | $6.26B | -$1.09B | $4.82B | $5.31B |
| Diluted EPS | $3.08 | $4.47 | $4.43 | -$1.09 | $3.36 | $3.82 |
Truist Financial Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $5.19B | $5.25B | $5.15B | $5.26B |
| Net Income | $1.45B | $1.35B | $1.48B | $1.55B |
| Diluted EPS | $1.04 | $1.04 | $1.09 | $1.23 |
Truist Financial Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $18.87B | $20.30B | — | — | — | — |
| Loans (Net) | $293.90B | $285.08B | $321.61B | $307.26B | $301.53B | $323.56B |
| Total Assets | $509.23B | $541.24B | $555.25B | $535.35B | $531.18B | $547.54B |
| Deposits | $381.08B | $416.49B | $413.50B | $395.87B | $390.52B | $400.40B |
| Total Long-Term Debt | $39.60B | $35.91B | $43.20B | $38.92B | $34.96B | $41.96B |
| Total Liabilities | $438.32B | $471.97B | $494.72B | $476.10B | $467.50B | $482.35B |
| Shareholders' Equity | $70.91B | $69.27B | $60.54B | $59.25B | $63.68B | $65.19B |
Truist Financial Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $7.44B | $7.89B | $11.08B | $8.63B | $2.16B | $5.74B |
| Cash From Investing | -$43.65B | -$32.06B | -$29.97B | $22.86B | $18.60B | -$17.76B |
| Cash From Financing | $36.02B | $25.59B | $20.02B | -$22.27B | -$11.64B | $8.63B |
| Free Cash Flow | $6.62B | $7.45B | $10.52B | — | — | — |
Figures from Truist Financial's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Truist Financial financials page for every line item.
Truist Financial Company Profile
| Ticker | TFC |
|---|---|
| Exchange | NYSE |
| Industry | National Commercial Banks |
| Headquarters | Charlotte, North Carolina |
| Incorporated in | North Carolina |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000092230 |
Frequently Asked Questions
What was Truist Financial's revenue in fiscal 2025?
Truist Financial (TFC) reported revenue of $20.32B for fiscal 2025.
What is Truist Financial's annual revenue history?
Truist Financial's annual revenue by fiscal year: 2020: $22.70B; 2021: $22.30B; 2022: $23.04B; 2023: $23.39B; 2024: $13.28B; 2025: $20.32B.
What was Truist Financial's net income in fiscal 2025?
Truist Financial reported net income of $5.31B for fiscal 2025.
What was Truist Financial's earnings per share (EPS) in fiscal 2025?
Truist Financial's diluted EPS was $3.82 for fiscal 2025 (adjusted for any later stock splits).
What was Truist Financial's revenue last quarter?
In its most recent reported quarter (2026 Q2), Truist Financial reported revenue of $5.26B.
How much debt does Truist Financial have?
Truist Financial reported $41.96B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Truist Financial are outstanding?
Truist Financial reported a weighted average of 1.22 billion basic shares outstanding in 2026 Q2.
What is Truist Financial's market cap?
Based on its latest closing price, Truist Financial (TFC) has a market capitalization of about $56.90B.
When does Truist Financial's fiscal year end?
Truist Financial's fiscal year end, as registered with the SEC, is December 31.
Where is Truist Financial headquartered?
Truist Financial lists its business address in Charlotte, North Carolina in its SEC filings.