TFC Q2 2024 Earnings — Truist Financial Corporation Revenue & Financial Results | Market Cap Arena

TFCTruist Financial Corporation

$59B

Q2 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$1.1B-84.9% YoY

Gross Profit

-$2.1B-187.5% margin

Operating Income

-$5.2B-459.2% margin

Net Income

$903M79.3% margin

EPS (Diluted)

$0.62

QoQ Revenue Growth

-85.1%

Cash Flow

Operating Cash Flow

$845M

Free Cash Flow

$845M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$519.9B

Total Liabilities

$456.0B

Stockholders' Equity

$63.8B

Cash & Equivalents

$40.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$7.6B	-84.9%
Gross Profit	-$2.1B	$4.4B	-148.1%
Operating Income	-$5.2B	$1.4B	-473.8%
Net Income	$903M	$1.3B	-31.0%