TFC Q3 2020 Earnings — Truist Financial Corporation Revenue & Financial Results | Market Cap Arena

TFCTruist Financial Corporation

$57B

Q3 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$5.8B+65.7% YoY

Gross Profit

$5.2B88.3% margin

Operating Income

$1.4B23.9% margin

Net Income

$1.1B19.5% margin

EPS (Diluted)

$0.79

QoQ Revenue Growth

-7.6%

Cash Flow

Operating Cash Flow

$425M

Free Cash Flow

$295M

Stock-Based Comp.

$104M

Balance Sheet

Total Assets

$499.2B

Total Liabilities

$429.2B

Stockholders' Equity

$69.9B

Cash & Equivalents

$37.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.8B	$3.5B	+65.7%
Gross Profit	$5.2B	$2.9B	+78.5%
Operating Income	$1.4B	$1.0B	+33.5%
Net Income	$1.1B	$825M	+37.9%