TFC Q2 2020 Earnings — Truist Financial Corporation Revenue & Financial Results | Market Cap Arena

TFCTruist Financial Corporation

$57B

Q2 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$6.3B+77.4% YoY

Gross Profit

$5.0B79.7% margin

Operating Income

$1.1B18.2% margin

Net Income

$955M15.1% margin

EPS (Diluted)

$0.67

QoQ Revenue Growth

-1.2%

Cash Flow

Operating Cash Flow

-$24M

Free Cash Flow

-$146M

Stock-Based Comp.

$97M

Balance Sheet

Total Assets

$504.3B

Total Liabilities

$435.5B

Stockholders' Equity

$68.8B

Cash & Equivalents

$41.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.3B	$3.6B	+77.4%
Gross Profit	$5.0B	$2.9B	+75.2%
Operating Income	$1.1B	$1.1B	+2.7%
Net Income	$955M	$886M	+7.8%