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TFC FY 2023 Earnings — Truist Financial Corporation Revenue & Financial Results | Market Cap Arena
TFC
Truist Financial Corporation
$59B
FY 2023 Earnings
Financial Services
Banks - Regional
Income Statement
Revenue
$29.9B
+34.3% YoY
Gross Profit
$17.9B
59.8% 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%
← Q4 2022
All Quarters
Q1 2023 →