Truist Historical Income Statement
| TFC Stock | USD 38.17 0.20 0.53% |
Historical analysis of Truist Financial income statement accounts such as Depreciation And Amortization of 1.5 B, Interest Expense of 3.7 B, Selling General Administrative of 9.1 B or Total Revenue of 35 B can show how well Truist Financial Corp performed in making a profits. Evaluating Truist Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Truist Financial's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Truist Financial Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Truist Financial Corp is a good buy for the upcoming year.
Truist |
About Truist Income Statement Analysis
Truist Financial Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Truist Financial shareholders. The income statement also shows Truist investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Truist Financial Income Statement Chart
Truist Financial Corp Income Statement is one of the three primary financial statements used for reporting Truist's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Truist Financial Corp revenue and expense. Truist Financial Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Truist Financial's EBITDA is projected to decrease significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 5.3 B, whereas Operating Income is projected to grow to (41.8 M). Add Fundamental
Total Revenue
Total revenue comprises all receipts Truist Financial Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Truist Financial Corp minus its cost of goods sold. It is profit before Truist Financial operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Cost Of Revenue
Cost of Revenue is found on Truist Financial Corp income statement and represents the costs associated with goods and services Truist Financial provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Truist Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Truist Financial Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Truist Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. At present, Truist Financial's EBITDA is projected to decrease significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 5.3 B, whereas Operating Income is projected to grow to (41.8 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 23.1B | 22.3B | 33.2B | 34.9B | Total Revenue | 23.1B | 22.3B | 33.3B | 35.0B |
Truist Financial income statement Correlations
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Truist Financial Account Relationship Matchups
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Truist Financial income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Other Operating Expenses | 7.9B | 14.9B | 15.1B | 14.6B | 27.1B | 28.4B | |
| Operating Income | 4.6B | 7.1B | 9.5B | 8.9B | (44M) | (41.8M) | |
| Ebit | 3.8B | 5.2B | 7.6B | 7.3B | (725M) | (688.8M) | |
| Ebitda | (814M) | (2.0B) | (1.9B) | (1.6B) | 665M | 1.0B | |
| Total Operating Expenses | 7.9B | 14.9B | 15.1B | 14.6B | 5.1B | 5.3B | |
| Net Income | 3.2B | 4.5B | 6.4B | 6.3B | (1.1B) | (1.0B) | |
| Income Tax Expense | 782M | 981M | 1.6B | 1.4B | 862M | 552.9M | |
| Depreciation And Amortization | (4.6B) | (7.1B) | (9.5B) | (8.9B) | 1.4B | 1.5B | |
| Interest Expense | 1.4B | 2.1B | 1.7B | 2.3B | 3.5B | 3.7B | |
| Selling General Administrative | 771M | 2.1B | 2.4B | 2.3B | 8.7B | 9.1B | |
| Total Revenue | 12.0B | 20.4B | 23.1B | 22.3B | 33.3B | 35.0B | |
| Gross Profit | 12.0B | 20.4B | 23.1B | 22.3B | 33.2B | 34.9B | |
| Income Before Tax | 4.0B | 5.5B | 8.0B | 7.7B | (185M) | (175.8M) | |
| Selling And Marketing Expenses | 137M | 273M | 294M | 352M | 297M | 282.2M | |
| Net Income From Continuing Ops | 4.8B | 4.5B | 6.4B | 6.3B | (1.0B) | (994.7M) | |
| Net Income Applicable To Common Shares | 3.0B | 4.2B | 6.0B | 5.9B | 6.8B | 3.4B | |
| Minority Interest | 13M | 10M | 3M | (7M) | (44M) | (41.8M) | |
| Tax Provision | 782M | 981M | 1.6B | 1.4B | 862M | 1.1B | |
| Net Interest Income | 7.3B | 13.8B | 13.0B | 14.3B | 14.6B | 10.8B | |
| Interest Income | 9.4B | 15.5B | 13.8B | 16.6B | 24.5B | 14.1B | |
| Reconciled Depreciation | 630M | 1.6B | 764M | 767M | 1.2B | 956.8M |
Truist Financial Investors Sentiment
The influence of Truist Financial's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Truist. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Truist Financial's public news can be used to forecast risks associated with an investment in Truist. The trend in average sentiment can be used to explain how an investor holding Truist can time the market purely based on public headlines and social activities around Truist Financial Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Truist Financial's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Truist Financial's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Truist Financial's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Truist Financial.
Truist Financial Implied Volatility | 33.87 |
Truist Financial's implied volatility exposes the market's sentiment of Truist Financial Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Truist Financial's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Truist Financial stock will not fluctuate a lot when Truist Financial's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Truist Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Truist Financial's short interest history, or implied volatility extrapolated from Truist Financial options trading.
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When determining whether Truist Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Truist Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Truist Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Truist Financial Corp Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Truist Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Truist Financial Corp information on this page should be used as a complementary analysis to other Truist Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for Truist Stock analysis
When running Truist Financial's price analysis, check to measure Truist Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Truist Financial is operating at the current time. Most of Truist Financial's value examination focuses on studying past and present price action to predict the probability of Truist Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Truist Financial's price. Additionally, you may evaluate how the addition of Truist Financial to your portfolios can decrease your overall portfolio volatility.
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Is Truist Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Truist Financial. If investors know Truist will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Truist Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.23) | Dividend Share 2.08 | Earnings Share (1.38) | Revenue Per Share 15.607 | Quarterly Revenue Growth (0.23) |
The market value of Truist Financial Corp is measured differently than its book value, which is the value of Truist that is recorded on the company's balance sheet. Investors also form their own opinion of Truist Financial's value that differs from its market value or its book value, called intrinsic value, which is Truist Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Truist Financial's market value can be influenced by many factors that don't directly affect Truist Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Truist Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Truist Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Truist Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.