TRUIST FINANCIAL CORP (TFC) financial statements: income statement, balance sheet and cash flow

TRUIST FINANCIAL CORP's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), TRUIST FINANCIAL CORP reported net income of $5.3B (+11893.3% year on year).

Income statement

TRUIST FINANCIAL CORP income statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Interest and fees on loans and leases	$18.7B	$19.2B	$19.5B	$13.3B
Interest on securities	$3.8B	$3.5B	$3.1B	$2.8B
Interest on other earning assets	$2.0B	$2.3B	$1.9B	$622.0M
Total interest income	$24.5B	$25.1B	$24.5B	$16.6B
Interest on deposits	$7.0B	$7.8B	$6.4B	$1.1B
Interest on long-term debt	$1.8B	$1.8B	$2.2B	$791.0M
Interest on other borrowings	$1.2B	$1.3B	$1.3B	$385.0M
Total interest expense	$10.1B	$11.0B	$9.9B	$2.3B
Net Interest Income	$14.4B	$14.1B	$14.6B	$14.3B
Provision for credit losses	$1.9B	$1.9B	$2.1B	$777.0M
Net Interest Income After Provision for Credit Losses	$12.5B	$12.2B	$12.5B	$13.5B
Noninterest income	$5.9B	($813.0M)	$8.8B	$8.7B
Personnel expense	$6.8B	$6.5B	$8.7B	$8.5B
Professional fees and outside processing	$1.4B	$1.3B	$1.3B	$1.4B
Software expense	$936.0M	$896.0M	$929.0M	$932.0M
Net occupancy expense	$710.0M	$656.0M	$715.0M	$744.0M
Equipment expense	$351.0M	$373.0M	$409.0M	$478.0M
Marketing and customer development	$299.0M	$268.0M	$297.0M	$352.0M
Amortization of intangibles	$290.0M	$345.0M	$527.0M	$583.0M
Regulatory costs	$163.0M	$344.0M	$824.0M	$183.0M
Goodwill impairment	$0	$0	$6.1B	—
Other expense	$1.1B	$1.0B	$1.1B	$742.0M
Total noninterest expense	$12.1B	$12.0B	$21.5B	$14.6B
Income (loss) before income taxes	$6.3B	($601.0M)	($185.0M)	$7.7B
Provision (benefit) for income taxes	$1.0B	($556.0M)	$862.0M	$1.4B
Net income (loss) from continuing operations	$5.3B	($45.0M)	—	—
Net income from discontinued operations	$0	$4.9B	—	—
Net income (loss)	$5.3B	$4.8B	($1.0B)	$6.3B
Noncontrolling interests from discontinued operations	$0	$22.0M	$44.0M	$7.0M
Preferred stock dividends and other	$333.0M	$349.0M	$361.0M	$333.0M
Net income (loss) available to common shareholders	$5.0B	$4.5B	($1.5B)	$5.9B
Basic EPS from continuing operations (in dollars per share)	$3.87	-$0.30	—	—
Basic EPS (in dollars per share)	$3.87	$3.36	-$1.09	$4.46
Diluted EPS from continuing operations (in dollars per share)	$3.82	-$0.30	—	—
Diluted EPS (in dollars per share)	$3.82	$3.36	-$1.09	$4.43
Basic weighted average shares outstanding (in shares)	1.3B	1.3B	1.3B	1.3B
Diluted weighted average shares outstanding (in shares)	1.3B	1.3B	1.3B	1.3B

TRUIST FINANCIAL CORP income statement, quarters

Line item	Jun 30, 2026 · Q2	Mar 31, 2026 · Q1	Sep 30, 2025 · Q3	Jun 30, 2025 · Q2
Interest and fees on loans and leases	$4.7B	$4.6B	$4.8B	$4.7B
Interest on securities	$871.0M	$849.0M	$941.0M	$961.0M
Interest on other earning assets	$437.0M	$407.0M	$529.0M	$536.0M
Total interest income	$6.0B	$5.9B	$6.3B	$6.2B
Interest on deposits	$1.6B	$1.5B	$1.8B	$1.8B
Interest on long-term debt	$485.0M	$445.0M	$523.0M	$431.0M
Interest on other borrowings	$286.0M	$286.0M	$299.0M	$292.0M
Total interest expense	$2.3B	$2.3B	$2.7B	$2.6B
Net Interest Income	$3.6B	$3.6B	$3.6B	$3.6B
Provision for credit losses	$395.0M	$479.0M	$436.0M	$488.0M
Net Interest Income After Provision for Credit Losses	$3.2B	$3.1B	$3.2B	$3.1B
Total noninterest income	$1.6B	$1.6B	$1.6B	$1.4B
Personnel expense	$1.8B	$1.7B	$1.7B	$1.7B
Professional fees and outside processing	$335.0M	$313.0M	$346.0M	$373.0M
Software expense	$239.0M	$230.0M	$233.0M	$231.0M
Net occupancy expense	$171.0M	$179.0M	$182.0M	$179.0M
Equipment expense	$79.0M	$85.0M	$90.0M	$89.0M
Marketing and customer development	$91.0M	$79.0M	$79.0M	$82.0M
Amortization of intangibles	$63.0M	$64.0M	$72.0M	$73.0M
Regulatory costs	$61.0M	$68.0M	$32.0M	$55.0M
Other expense	$224.0M	$238.0M	$196.0M	$190.0M
Total noninterest expense	$3.1B	$3.0B	$3.0B	$3.0B
Income before income taxes	$1.8B	$1.7B	$1.7B	$1.5B
Provision for income taxes	$262.0M	$209.0M	$285.0M	$273.0M
Net income	$1.6B	$1.5B	$1.5B	$1.2B
Preferred stock dividends and other	$34.0M	$104.0M	$104.0M	$60.0M
Net income available to common shareholders	$1.5B	$1.4B	$1.3B	$1.2B
Basic EPS (in dollars per share)	$1.24	$1.10	$1.05	$0.91
Diluted EPS (in dollars per share)	$1.23	$1.09	$1.04	$0.90
Basic weighted average shares outstanding (in shares)	1.2B	1.2B	1.3B	1.3B
Diluted weighted average shares outstanding (in shares)	1.2B	1.3B	1.3B	1.3B

Balance sheet

TRUIST FINANCIAL CORP balance sheet, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Cash and due from banks	$5.0B	$5.8B	$5.1B	$5.4B
Interest-bearing deposits with banks	$31.4B	$34.0B	$25.6B	$16.0B
Securities borrowed or purchased under agreements to resell	$3.2B	$2.5B	$2.4B	$3.2B
Trading assets at fair value	$5.8B	$5.1B	$4.3B	$4.9B
AFS securities at fair value	$65.0B	$67.5B	$67.4B	$71.8B
HTM securities (fair value of $39,130 and $40,286, respectively)	$47.2B	$50.6B	$54.1B	$57.7B
LHFS (including $1,622 and $1,233 at fair value, respectively)	$1.9B	$1.4B	$1.3B	$1.4B
Loans and leases (including $11 and $13 at fair value, respectively)	$328.6B	$306.4B	—	—
ALLL	($5.0B)	($4.9B)	($4.8B)	($4.4B)
Loans and leases, net of ALLL	$323.6B	$301.5B	$307.3B	$321.6B
Premises and equipment	$3.2B	$3.2B	$3.4B	$3.6B
Goodwill	$17.1B	$17.1B	$20.9B	$27.0B
CDI and other intangible assets	$1.3B	$1.6B	$3.2B	$3.7B
Loan servicing rights at fair value	$4.0B	$3.7B	$3.4B	$3.8B
Other assets (including $1,725 and $1,271 at fair value, respectively)	$39.0B	$37.1B	$37.2B	$35.1B
Total assets	$547.5B	$531.2B	$535.3B	$555.3B
Noninterest-bearing deposits	$105.1B	$107.5B	$111.6B	$135.7B
Interest-bearing deposits (including $639 and $192 at fair value, respectively)	$295.3B	$283.1B	$284.2B	$277.8B
Short-term borrowings (including $2,394 and $1,896 at fair value, respectively)	$27.8B	$29.2B	$24.8B	$23.4B
Long-term debt	$42.0B	$35.0B	$38.9B	$43.2B
Other liabilities (including $1,797 and $2,286 at fair value, respectively)	$12.1B	$12.8B	$16.5B	$14.6B
Total liabilities	$482.3B	$467.5B	$476.1B	$494.7B
Preferred stock	$4.9B	$5.9B	$6.7B	$6.7B
Common stock, $5 par value	$6.3B	$6.6B	$6.7B	$6.6B
Additional paid-in capital	$33.7B	$35.6B	$36.2B	$34.5B
Retained earnings	$26.1B	$23.8B	$22.1B	$26.3B
AOCI, net of deferred income taxes	($5.8B)	($8.2B)	($12.5B)	($13.6B)
Total shareholders’ equity	$65.2B	$63.7B	$59.3B	$60.5B
Total liabilities and shareholders’ equity	$547.5B	$531.2B	$535.3B	$555.3B
Common shares outstanding	1.3B	1.3B	1.3B	1.3B
Common shares authorized	2.0B	2.0B	2.0B	2.0B
Preferred shares outstanding	176.0K	216.0K	223.0K	223.0K
Preferred shares authorized	5.0M	5.0M	5.0M	5.0M

TRUIST FINANCIAL CORP balance sheet, quarters

Line item	Jun 30, 2026	Mar 31, 2026	Sep 30, 2025	Jun 30, 2025
Cash and due from banks	$4.7B	$4.3B	$4.3B	$5.2B
Interest-bearing deposits with banks	$34.6B	$31.9B	$32.5B	$36.3B
Securities borrowed or purchased under agreements to resell	$4.4B	$4.0B	$3.0B	$2.7B
Trading assets at fair value	$5.3B	$5.2B	$5.7B	$6.0B
AFS securities at fair value	$67.7B	$65.4B	$65.5B	$66.4B
HTM securities (fair value of $38,145 and $39,130, respectively)	$46.4B	$46.4B	$48.0B	$49.0B
LHFS (including $2,198 and 1,622 at fair value, respectively)	$2.5B	$2.2B	$1.9B	$1.2B
Loans and leases (including $10 and $11 at fair value, respectively)	$329.8B	$329.2B	$323.7B	$318.8B
ALLL	($5.0B)	($5.0B)	($5.0B)	($4.9B)
Loans and leases, net of ALLL	$324.8B	$324.2B	$318.8B	$313.9B
Premises and equipment	$3.2B	$3.1B	$3.2B	$3.2B
Goodwill	$17.1B	$17.1B	$17.1B	$17.1B
CDI and other intangible assets	$1.1B	$1.2B	$1.3B	$1.4B
Loan servicing rights at fair value	$4.3B	$4.1B	$3.8B	$3.6B
Other assets (including $1,841 and $1,725 at fair value, respectively)	$40.0B	$39.7B	$38.7B	$38.0B
Total assets	$556.0B	$549.0B	$543.9B	$543.8B
Noninterest-bearing deposits	$104.3B	$105.5B	$106.2B	$106.4B
Interest-bearing deposits (including $688 and $639 at fair value, respectively)	$305.0B	$298.6B	$288.7B	$299.7B
Short-term borrowings (including $3,121 and $2,394 at fair value, respectively)	$26.9B	$27.4B	$29.4B	$16.6B
Long-term debt	$43.0B	$41.6B	$41.7B	$44.4B
Other liabilities (including $2,228 and $1,797 at fair value, respectively)	$12.7B	$11.6B	$12.2B	$11.8B
Total liabilities	$491.9B	$484.8B	$478.2B	$479.0B
Preferred stock	$5.4B	$4.9B	$5.9B	$5.9B
Common stock, $5 par value	$6.1B	$6.2B	$6.4B	$6.4B
Additional paid-in capital	$31.6B	$32.6B	$34.3B	$34.6B
Retained earnings	$27.7B	$26.8B	$25.4B	$24.8B
AOCI, net of deferred income taxes	($6.7B)	($6.3B)	($6.4B)	($6.9B)
Total shareholders’ equity	$64.1B	$64.2B	$65.6B	$64.8B
Total liabilities and shareholders’ equity	$556.0B	$549.0B	$543.9B	$543.8B
Common shares outstanding (in shares)	1.2B	1.2B	1.3B	1.3B
Common shares authorized (in shares)	2.0B	2.0B	2.0B	2.0B
Preferred shares outstanding (in shares)	196.0K	176.0K	216.0K	216.0K
Preferred shares authorized (in shares)	5.0M	5.0M	5.0M	5.0M

Cash flow statement

TRUIST FINANCIAL CORP cash flow statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Net income (loss)	$5.3B	$4.8B	($1.0B)	$6.3B
Provision for credit losses	$1.9B	$1.9B	$2.1B	$777.0M
Depreciation	$547.0M	$613.0M	$688.0M	$783.0M
Amortization of intangibles	$290.0M	$366.0M	$527.0M	$583.0M
Goodwill impairment	$0	$0	$6.1B	—
Securities (gains) losses	$19.0M	$6.7B	$0	$71.0M
Gain on sale of TIH, net of tax	$0	($4.8B)	—	—
LHFS	($389.0M)	($381.0M)	$213.0M	$2.5B
Pension asset	($682.0M)	($675.0M)	($2.0B)	$1.4B
Derivative assets and liabilities	($787.0M)	($587.0M)	$409.0M	$3.8B
Trading assets	($690.0M)	($768.0M)	$573.0M	($482.0M)
Investments in affordable housing projects and other qualified tax credits	($267.0M)	($1.0B)	—	—
Other assets and other liabilities	($35.0M)	($4.6B)	$1.1B	($1.4B)
Other, net	$532.0M	$819.0M	$5.0M	($2.4B)
Net cash flows from operating activities	$5.7B	$2.2B	$8.6B	$11.1B
Proceeds from sales of AFS securities	$2.7B	$27.6B	$21.0M	$3.3B
Proceeds from maturities, calls and paydowns of AFS securities	$16.5B	$14.9B	$10.0B	$12.3B
Purchases of AFS securities	($14.5B)	($44.7B)	($4.2B)	($9.4B)
Proceeds from maturities, calls and paydowns of HTM securities	$3.7B	$3.8B	$3.9B	$5.1B
Originations of loans and leases, net of principal collected	($23.8B)	$4.8B	—	—
Purchases of loans and leases	($892.0M)	($1.3B)	—	—
Sales of loans and leases	$615.0M	$708.0M	—	—
Net cash received (paid) for securities borrowed or purchased under agreements to resell	($650.0M)	($172.0M)	$803.0M	$847.0M
Net cash received (paid) for asset acquisitions, business combinations, and divestitures	$0	$12.2B	($17.0M)	($4.7B)
Other, net	($1.5B)	$602.0M	$55.0M	$260.0M
Net cash flows from investing activities	($17.8B)	$18.6B	$22.9B	($30.0B)
Net change in deposits	$9.9B	($6.9B)	($17.6B)	($3.0B)
Net change in short-term borrowings	($1.3B)	$4.4B	$1.4B	$18.1B
Proceeds from issuance of long-term debt	$69.8B	$22.8B	$50.9B	$15.8B
Repayment of long-term debt	($63.1B)	($26.8B)	($55.0B)	($7.3B)
Repurchase of common stock	($2.5B)	($1.0B)	$0	($250.0M)
Redemption of preferred stock	($1.0B)	—	$0	$0
Cash dividends paid on common stock	($2.7B)	($2.8B)	($2.8B)	($2.7B)
Cash dividends paid on preferred stock	($324.0M)	($365.0M)	($361.0M)	($333.0M)
Net cash received (paid) for hedge unwinds	$0	($207.0M)	($737.0M)	($185.0M)
Net cash from TIH minority stake sale	$0	$0	$1.9B	—
Other, net	($71.0M)	($24.0M)	($12.0M)	($113.0M)
Net cash flows from financing activities	$8.6B	($11.6B)	($22.3B)	$20.0B
Net Change in Cash and Cash Equivalents	($3.4B)	$9.1B	$9.2B	$1.1B
Cash and Cash Equivalents of Continuing and Discontinued Operations, January 1	$39.8B	$30.6B	$21.4B	$20.3B
Cash and Cash Equivalents of Continuing and Discontinued Operations, December 31	$36.4B	$39.8B	—	—
Interest expense	$10.1B	$11.3B	$9.1B	$2.0B
Income taxes	$192.0M	$830.0M	$780.0M	$479.0M
Transfer of loans HFI to LHFS	$750.0M	$600.0M	$5.2B	$549.0M

TRUIST FINANCIAL CORP cash flow statement, quarters

Line item	Jun 30, 2026 · YTD	Mar 31, 2026 · Q1	Sep 30, 2025 · YTD	Jun 30, 2025 · YTD
Net income	$3.0B	$1.5B	$4.0B	$2.5B
Provision for credit losses	$874.0M	$479.0M	$1.4B	$946.0M
Depreciation	$257.0M	$129.0M	$414.0M	$284.0M
Amortization of intangibles	$127.0M	$64.0M	$220.0M	$148.0M
LHFS	($576.0M)	($277.0M)	($578.0M)	$128.0M
Pension asset	($169.0M)	($85.0M)	($169.0M)	($145.0M)
Derivative assets and liabilities	$378.0M	$45.0M	($1.1B)	($1.1B)
Trading assets	$502.0M	$555.0M	($631.0M)	($863.0M)
Investments in affordable housing projects and other qualified tax credits	($605.0M)	($203.0M)	—	—
Other assets and other liabilities	($1.2B)	($1.1B)	($610.0M)	($561.0M)
Other, net	($895.0M)	($388.0M)	$287.0M	$309.0M
Net cash flows from operating activities	$1.7B	$679.0M	$3.2B	$1.7B
Proceeds from sales of AFS securities	$59.0M	$52.0M	$1.1B	$1.1B
Proceeds from maturities, calls and paydowns of AFS securities	$8.4B	$4.0B	$12.1B	$8.1B
Purchases of AFS securities	($10.8B)	($4.8B)	($9.3B)	($6.9B)
Proceeds from maturities, calls and paydowns of HTM securities	$1.8B	$816.0M	$2.8B	$1.8B
Purchases of HTM securities	($795.0M)	—	—	—
Originations of loans and leases, net of principal collected	($2.5B)	($1.4B)	($18.2B)	($12.9B)
Purchases of loans and leases	($206.0M)	$0	($818.0M)	($668.0M)
Sales of loans and leases	$550.0M	$231.0M	$439.0M	$358.0M
Net cash received (paid) for securities borrowed or purchased under agreements to resell	($1.2B)	($847.0M)	($431.0M)	($106.0M)
Other, net	$14.0M	($1.0M)	($694.0M)	($181.0M)
Net cash flows from investing activities	($4.8B)	($1.9B)	($13.0B)	($9.3B)
Net change in deposits	$9.0B	$3.7B	$4.4B	$15.6B
Net change in short-term borrowings	($951.0M)	($406.0M)	$199.0M	($12.6B)
Proceeds from issuance of long-term debt	$50.5B	$22.8B	$50.9B	$28.6B
Repayment of long-term debt	($49.1B)	($23.1B)	($44.5B)	($19.5B)
Repurchase of common stock	($2.3B)	($1.1B)	($1.8B)	($1.3B)
Net proceeds from preferred stock issued	$495.0M	—	—	—
Cash dividends paid on common stock	($1.3B)	($645.0M)	($2.0B)	($1.3B)
Cash dividends paid on preferred stock	($138.0M)	($104.0M)	($268.0M)	($164.0M)
Other, net	($112.0M)	($74.0M)	($58.0M)	($76.0M)
Net cash flows from financing activities	$6.0B	$1.1B	$6.9B	$9.4B
Net Change in Cash and Cash Equivalents	$2.9B	($180.0M)	($2.9B)	$1.7B
Cash and Cash Equivalents of Continuing and Discontinued Operations, January 1	$36.4B	$36.4B	$39.8B	$39.8B
Cash and Cash Equivalents of Continuing and Discontinued Operations, June 30	$39.3B	—	—	$41.5B
Interest expense	$4.7B	$2.3B	$7.6B	$5.0B
Income taxes	$97.0M	($25.0M)	$196.0M	$170.0M

TRUIST FINANCIAL CORP score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.