TFC Q4 2023 Earnings — Truist Financial Corporation Revenue & Financial Results | Market Cap Arena

TFCTruist Financial Corporation

$59B

Q4 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$8.4B+11.7% YoY

Gross Profit

$5.1B60.9% margin

Operating Income

-$5.2B-61.2% margin

Net Income

-$5.1B-60.4% margin

EPS (Diluted)

$-3.87

QoQ Revenue Growth

+11.4%

Cash Flow

Operating Cash Flow

$2.4B

Free Cash Flow

$2.4B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$535.3B

Total Liabilities

$476.1B

Stockholders' Equity

$59.1B

Cash & Equivalents

$30.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$8.4B	$7.5B	+11.7%
Gross Profit	$5.1B	$5.8B	-11.8%
Operating Income	-$5.2B	$2.0B	-355.3%
Net Income	-$5.1B	$1.7B	-402.8%