TFC FY 2023 Earnings — Truist Financial Corporation Revenue & Financial Results | Market Cap Arena

TFCTruist Financial Corporation

$59B

FY 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$29.9B+34.3% YoY

Gross Profit

$17.9B59.8% margin

Operating Income

-$765M-2.6% margin

Net Income

-$1.1B-3.6% margin

EPS (Diluted)

$-1.09

Cash Flow

Operating Cash Flow

$8.6B

Free Cash Flow

$8.6B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$535.3B

Total Liabilities

$476.1B

Stockholders' Equity

$59.1B

Cash & Equivalents

$30.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$29.9B	$22.3B	+34.3%
Gross Profit	$17.9B	$19.2B	-6.7%
Operating Income	-$765M	$7.0B	-110.9%
Net Income	-$1.1B	$6.3B	-117.4%