TFC Q2 2019 Earnings — Truist Financial Corporation Revenue & Financial Results | Market Cap Arena

TFCTruist Financial Corporation

$57B

Q2 2019 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$3.6B+10.6% YoY

Gross Profit

$2.9B80.7% margin

Operating Income

$1.1B31.5% margin

Net Income

$886M24.9% margin

EPS (Diluted)

$1.09

QoQ Revenue Growth

+5.4%

Cash Flow

Operating Cash Flow

$934M

Free Cash Flow

$904M

Stock-Based Comp.

$48M

Balance Sheet

Total Assets

$230.9B

Total Liabilities

$199.1B

Stockholders' Equity

$31.7B

Cash & Equivalents

$2.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.6B	$3.2B	+10.6%
Gross Profit	$2.9B	$2.7B	+4.6%
Operating Income	$1.1B	$1.0B	+9.3%
Net Income	$886M	$819M	+8.2%