financial statements

The full income statement, balance sheet, and cash-flow statement for Truist Financial Corporation (TFC), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

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PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Noninterest income	5.90B YoY+825.2%	-813M YoY-114.8%	5.50B YoY-2.9%	5.66B YoY-15.1%	6.67B YoY-24.9%
Restructuring	—	120M YoY-62.5%	320M YoY-31.3%	466M YoY-41.2%	793M YoY-7.8%
Amortization of intangibles	290M YoY-15.9%	345M YoY-12.7%	395M YoY-13.2%	455M YoY-3.6%	472M YoY-31.1%
Noninterest expense	12.1B YoY+0.6%	12.0B YoY-35.7%	18.7B YoY+53.5%	12.2B YoY-7.1%	13.1B YoY-12.0%
Provision for credit losses	1.89B YoY+1.3%	1.87B YoY-11.3%	2.11B YoY+171.4%	777M YoY+195.6%	-813M YoY-134.8%
Interest expense	—	—	9.93B YoY+327.7%	2.32B YoY+202.2%	768M YoY-55.4%
Interest & investment income	24.5B YoY-2.1%	25.1B YoY+2.5%	24.5B YoY+47.0%	16.6B YoY+20.8%	13.8B YoY-11.4%
Net interest income	14.4B YoY+2.4%	14.1B YoY-3.0%	14.5B YoY+1.5%	14.3B YoY+10.1%	13.0B YoY-6.0%
Pre-tax income	6.35B YoY+1156.4%	-601M YoY+21.4%	-765M YoY-110.9%	7.03B YoY-4.8%	7.38B YoY+34.9%
Income tax	1.04B YoY+287.4%	-556M YoY-175.3%	738M YoY-41.0%	1.25B YoY-11.2%	1.41B YoY+43.5%
	5.31B YoY+9.6%	4.84B YoY+562.3%	-1.05B YoY-116.7%	6.27B YoY-2.6%	6.44B YoY+43.3%
Income from continuing operations	5.31B YoY+11893.3%	-45.0M YoY+97.0%	-1.50B YoY-126.0%	5.78B YoY-3.2%	5.97B
Net income to non-controlling interest	0.00 YoY-100.0%	22.0M YoY-50.0%	44.0M YoY+528.6%	7.00M YoY+333.3%	-3.00M YoY-130.0%
Preferred dividends	333M YoY-4.6%	349M YoY-3.3%	361M YoY+8.4%	333M YoY-18.2%	407M YoY+36.6%
Net income to common	4.97B YoY+11.3%	4.47B YoY+407.8%	-1.45B YoY-124.5%	5.93B YoY-1.8%	6.03B YoY+44.2%
	$3.82 YoY+13.7%	$3.36 YoY+408.3%	-$1.09 YoY-124.6%	$4.43 YoY-0.9%	$4.47 YoY+45.1%
EPS (basic)	$3.87 YoY+15.2%	$3.36 YoY+408.3%	-$1.09 YoY-124.4%	$4.46 YoY-1.1%	$4.51 YoY+45.0%
Weighted-avg shares (basic)	1.29B YoY-3.3%	1.33B YoY-0.1%	1.33B YoY+0.3%	1.33B YoY-0.7%	1.34B YoY-0.7%
Weighted-avg shares (diluted)	1.30B YoY-2.1%	1.33B YoY-0.1%	1.33B YoY-0.5%	1.34B YoY-0.8%	1.35B YoY-0.7%
Dividends per share	$2.08 YoY+0.0%	$2.08 YoY+0.0%	$2.08 YoY+4.0%	$2.00 YoY+7.5%	$1.86 YoY+3.3%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Cash & equivalents	36.4B YoY-8.5%	39.8B YoY+29.8%	30.6B YoY+43.1%	21.4B YoY+5.5%	20.3B YoY+7.6%
	548B YoY+3.1%	531B YoY-0.8%	535B YoY-3.6%	555B YoY+2.6%	541B YoY+6.3%
Property, plant & equipment	3.17B YoY-1.6%	3.23B YoY-2.2%	3.30B YoY-6.5%	3.53B YoY-4.7%	3.70B YoY-4.4%
Operating lease right-of-use	1.04B YoY+3.0%	1.01B YoY-4.0%	1.06B YoY-9.8%	1.17B YoY+0.3%	1.17B YoY-12.4%
Goodwill	17.1B YoY+0.0%	17.1B YoY-0.2%	17.2B YoY-26.2%	23.2B YoY+0.8%	23.0B YoY-5.7%
Intangible assets	1.26B YoY-19.0%	1.55B YoY-18.8%	1.91B YoY-17.5%	2.31B YoY-32.1%	3.41B YoY+14.2%
Short-term & current debt	27.8B YoY-4.7%	29.2B YoY+17.6%	24.8B YoY+6.0%	23.4B YoY+342.6%	5.29B YoY-13.1%
	482B YoY+3.2%	467B YoY-1.8%	476B YoY-3.8%	495B YoY+4.8%	472B YoY+7.7%
Long-term debt	42.0B YoY+20.0%	35.0B YoY-10.2%	38.9B YoY-9.9%	43.2B YoY+20.3%	35.9B YoY-9.3%
	65.2B YoY+2.4%	63.7B YoY+7.5%	59.3B YoY-2.1%	60.5B YoY-12.6%	69.3B YoY-2.3%
Preferred stock	2.60B YoY+0.0%	2.60B YoY+0.0%	2.60B YoY+0.0%	2.60B YoY+0.0%	2.60B YoY+0.0%
Common stock	6.31B YoY-4.1%	6.58B YoY-1.3%	6.67B YoY+0.5%	6.63B YoY-0.1%	6.64B YoY-1.6%
Additional paid-in capital	33.7B YoY-5.5%	35.6B YoY-1.5%	36.2B YoY+4.7%	34.5B YoY-0.1%	34.6B YoY-3.6%
Retained earnings	26.1B YoY+9.6%	23.8B YoY+7.6%	22.1B YoY-15.9%	26.3B YoY+14.2%	23.0B YoY+18.2%
Accumulated other comprehensive income	-5.77B YoY+29.8%	-8.21B YoY+34.3%	-12.5B YoY+8.1%	-13.6B YoY-747.9%	-1.60B YoY-324.0%
Non-controlling interest	0.00	0.00 YoY-100.0%	152M YoY+560.9%	23.0M	0.00 YoY-100.0%
Total equity incl. non-controlling	65.2B YoY+2.4%	63.7B YoY+7.5%	59.3B YoY-2.1%	60.5B YoY-12.6%	69.3B YoY-2.3%
Total liabilities & equity	548B YoY+3.1%	531B YoY-0.8%	535B YoY-3.6%	555B YoY+2.6%	541B YoY+6.3%
Common shares outstanding	1.26B YoY-4.1%	1.32B YoY-1.3%	1.33B YoY+0.5%	1.33B YoY-0.1%	1.33B YoY-1.6%
Shares outstanding (cover)	1.28B YoY-3.6%	1.33B YoY-0.5%	1.33B YoY+0.5%	1.33B YoY-0.6%	1.33B YoY-1.0%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	5.74B YoY+165.2%	2.16B YoY-74.9%	8.63B YoY-22.1%	11.1B YoY+40.4%	7.89B YoY+6.1%
Share-based compensation	317M YoY+8.6%	292M YoY-2.0%	298M YoY+14.2%	261M YoY+0.8%	259M YoY-26.6%
Deferred income taxes	-125M YoY-363.0%	-27.0M YoY+93.4%	-409M YoY-210.5%	370M YoY+1.9%	363M YoY+337.3%
Other operating activities	532M YoY-35.0%	819M YoY+16280.0%	5.00M YoY+100.2%	-2.38B YoY-1141.5%	229M YoY+145.9%
	-17.8B YoY-195.5%	18.6B YoY-18.6%	22.9B YoY+176.3%	-30.0B YoY+6.5%	-32.1B YoY+26.6%
Capital expenditure	—	—	—	564M YoY+27.6%	442M YoY-45.8%
Acquisitions	—	—	17.0M YoY-99.6%	4.67B YoY+185.3%	1.64B YoY-32.8%
Sales/maturities of investments	16.5B YoY+10.4%	14.9B YoY+48.9%	10.0B YoY-18.6%	12.3B YoY-63.8%	34.0B YoY+37.9%
Other investing activities	1.50B YoY+280.2%	-835M YoY-514.0%	-136M YoY-130.2%	451M YoY-67.3%	1.38B YoY+199.1%
	8.63B YoY+174.2%	-11.6B YoY+47.7%	-22.3B YoY-211.2%	20.0B YoY-21.8%	25.6B YoY-28.9%
Long-term debt issued	69.8B YoY+206.0%	22.8B YoY-55.2%	50.9B YoY+222.9%	15.8B YoY+233.7%	4.73B YoY-82.3%
Long-term debt repaid	63.1B YoY+135.4%	26.8B YoY-51.3%	55.0B YoY+654.0%	7.30B YoY-8.3%	7.96B YoY-71.9%
Common stock repurchased	2.50B YoY+150.0%	1.00B	0.00 YoY-100.0%	250M YoY-84.5%	1.62B
Dividends paid	2.67B YoY-3.5%	2.77B YoY+0.0%	2.77B YoY+4.3%	2.66B YoY+6.9%	2.48B YoY+2.5%
Other financing activities	-71.0M YoY-195.8%	-24.0M YoY-100.0%	-12.0M YoY+89.4%	-113M YoY-237.8%	82.0M YoY+155.4%
Net change in cash	-3.39B YoY-137.2%	9.12B YoY-1.1%	9.22B YoY+719.1%	1.13B YoY-21.1%	1.43B YoY+824.4%
Interest paid	10.1B YoY-11.2%	11.3B YoY+24.1%	9.14B YoY+355.3%	2.01B YoY+133.6%	859M YoY-53.2%
Income taxes paid	192M YoY-76.9%	830M YoY+6.4%	780M YoY+62.8%	479M YoY-39.5%	792M YoY+528.6%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	63.0B YoY+9.3%	57.6B YoY+17.0%	49.2B YoY-13.8%	57.1B YoY-27.0%	78.2B YoY+21.0%
P/E	11.9× YoY-0.3%	11.9× YoY+38.3%	8.6× YoY-6.8%	9.2× YoY-24.0%	12.1× YoY-15.6%
P/B	1.0× YoY+6.8%	0.9× YoY+13.9%	0.8× YoY-15.4%	0.9× YoY-16.8%	1.1× YoY+23.8%
P/FCF	11.0× YoY-58.8%	26.6× YoY+429.1%	5.0× YoY+7.7%	4.7× YoY-55.5%	10.5× YoY+7.5%
Earnings yield	8.4% YoY+0.3%	8.4% YoY-27.7%	11.6% YoY+7.3%	10.8% YoY+31.6%	8.2% YoY+18.5%
FCF yield	9.1% YoY+142.6%	3.8% YoY-81.1%	19.9% YoY-7.2%	21.4% YoY+124.7%	9.5% YoY-7.0%
Dividend yield	4.2% YoY-11.8%	4.8% YoY-14.9%	5.6% YoY+21.2%	4.6% YoY+46.3%	3.2% YoY-15.4%
Source filing	10-K	10-K	10-K	10-K	8-K

About this data

Source: TFC's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all TFC filings on SEC EDGAR → Not investment advice.

TFC▼ financial statements

About this data

financial statements