TFC Q3 2022 Earnings — Truist Financial Corporation Revenue & Financial Results | Market Cap Arena

TFCTruist Financial Corporation

$59B

Q3 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$6.5B+11.7% YoY

Gross Profit

$5.6B86.7% margin

Operating Income

$2.0B30.9% margin

Net Income

$1.6B25.2% margin

EPS (Diluted)

$1.15

QoQ Revenue Growth

+9.3%

Cash Flow

Operating Cash Flow

$3.8B

Free Cash Flow

$3.8B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$548.4B

Total Liabilities

$487.6B

Stockholders' Equity

$60.8B

Cash & Equivalents

$22.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.5B	$5.8B	+11.7%
Gross Profit	$5.6B	$5.9B	-5.2%
Operating Income	$2.0B	$2.1B	-6.0%
Net Income	$1.6B	$1.7B	-4.2%