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TFC Q2 2023 Earnings — Truist Financial Corporation Revenue & Financial Results | Market Cap Arena
TFC
Truist Financial Corporation
$59B
Q2 2023 Earnings
Financial Services
Banks - Regional
Income Statement
Revenue
$7.6B
+27.6% YoY
Gross Profit
$4.4B
58.8% margin
Operating Income
$1.4B
18.5% margin
Net Income
$1.3B
17.3% margin
EPS (Diluted)
$0.92
QoQ Revenue Growth
+4.9%
Cash Flow
Operating Cash Flow
$3.7B
Free Cash Flow
$3.7B
Stock-Based Comp.
$0
Balance Sheet
Total Assets
$554.5B
Total Liabilities
$490.9B
Stockholders' Equity
$63.5B
Cash & Equivalents
$30.0B
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$7.6B
$5.9B
+27.6%
Gross Profit
$4.4B
$5.5B
-18.9%
Operating Income
$1.4B
$1.9B
-26.5%
Net Income
$1.3B
$1.5B
-14.5%
← FY 2023
All Quarters
Q3 2023 →