TRUIST FINANCIAL CORPORATION
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $20.32B | $13.28B | $20.02B | $19.97B | $22.30B | $22.71B | $12.57B | $11.56B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $6.35B | $-601.0M | $9.09B | $9.35B | $8.76B | $7.20B | $6.12B | $5.50B |
| Operating Margin | 31.2% | -4.5% | 45.4% | 46.8% | 39.3% | 31.7% | 48.7% | 47.6% |
| Interest Expense | — | — | $9.86B | $2.32B | $768.0M | $1.72B | $2.10B | $1.44B |
| Pretax Income | $6.35B | $-601.0M | $-765.0M | $7.03B | $7.99B | $5.47B | $4.02B | $4.06B |
| Income Tax Expense | $1.04B | $-556.0M | $738.0M | $1.25B | $1.56B | $981.0M | $782.0M | $803.0M |
| Net Income | $5.31B | $4.84B | $-1.05B | $6.27B | $6.44B | $4.49B | $3.24B | $3.26B |
| Net Margin | 26.1% | 36.5% | -5.2% | 31.4% | 28.9% | 19.8% | 25.8% | 28.2% |
| EPS (Basic) | $3.87 | $3.36 | $-1.09 | $4.46 | $4.51 | $3.11 | $3.76 | $3.96 |
| EPS (Diluted) | $3.82 | $3.36 | $-1.09 | $4.43 | $4.47 | $3.08 | $3.71 | $3.91 |
| Shares Outstanding (Basic) | 1.29B | 1.33B | 1.33B | 1.33B | 1.34B | 1.35B | 805.1M | 773.0M |
| Shares Outstanding (Diluted) | 1.30B | 1.33B | 1.33B | 1.34B | 1.35B | 1.36B | 815.2M | 783.5M |
| Dividends Per Share | $2.08 | $2.08 | $2.08 | $2.00 | $1.86 | $1.80 | $1.71 | $1.56 |