TFC Q2 2022 Earnings — Truist Financial Corporation Revenue & Financial Results | Market Cap Arena

TFCTruist Financial Corporation

$59B

Q2 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$5.9B+1.2% YoY

Gross Profit

$5.5B92.6% margin

Operating Income

$1.9B32.2% margin

Net Income

$1.5B25.9% margin

EPS (Diluted)

$1.09

QoQ Revenue Growth

+7.7%

Cash Flow

Operating Cash Flow

$4.0B

Free Cash Flow

$3.9B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$545.1B

Total Liabilities

$482.1B

Stockholders' Equity

$63.0B

Cash & Equivalents

$23.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.9B	$5.8B	+1.2%
Gross Profit	$5.5B	$6.1B	-9.9%
Operating Income	$1.9B	$2.1B	-8.2%
Net Income	$1.5B	$1.7B	-7.6%