Truist Financial Gross Margin 2010-2023 | TFC

Current and historical gross margin for Truist Financial (TFC) over the last 10 years. The current gross profit margin for Truist Financial as of December 31, 2023 is %.
Truist Financial Gross Margin Historical Data
Date TTM Revenue TTM Gross Profit Gross Margin
2023-12-31 $33.25B $23.39B 70.35%
2023-09-30 $32.29B $23.90B 74.02%
2023-06-30 $30.42B $24.08B 79.13%
2023-03-31 $27.88B $23.81B 85.42%
2022-12-31 $25.36B $23.04B 90.85%
2022-09-30 $23.63B $22.39B 94.79%
2022-06-30 $22.95B $22.14B 96.51%
2022-03-31 $22.87B $22.14B 96.80%
2021-12-31 $23.06B $22.30B 96.67%
2021-09-30 $23.23B $22.38B 96.36%
2021-06-30 $23.27B $22.36B 96.08%
2021-03-31 $23.73B $22.58B 95.13%
2020-12-31 $24.43B $22.71B 92.95%
2020-09-30 $22.74B $20.68B 90.93%
2020-06-30 $20.43B $18.11B 88.65%
2020-03-31 $17.68B $15.28B 86.45%
2019-12-31 $14.66B $12.57B 85.71%
2019-09-30 $13.83B $11.88B 85.95%
2019-06-30 $13.61B $11.81B 86.73%
2019-03-31 $13.27B $11.64B 87.74%
2018-12-31 $13.00B $11.56B 88.94%
2018-09-30 $12.75B $11.49B 90.11%
2018-06-30 $12.48B $11.37B 91.12%
2018-03-31 $12.31B $11.35B 92.19%
2017-12-31 $12.16B $11.32B 93.10%
2017-09-30 $11.94B $11.18B 93.59%
2017-06-30 $11.86B $11.14B 93.93%
2017-03-31 $11.75B $11.03B 93.88%
2016-12-31 $11.54B $10.79B 93.54%
2016-09-30 $11.34B $10.59B 93.33%
2016-06-30 $11.02B $10.26B 93.13%
2016-03-31 $10.59B $9.85B 92.96%
2015-12-31 $10.35B $9.61B 92.90%
2015-09-30 $10.18B $9.45B 92.86%
2015-06-30 $10.03B $9.30B 92.69%
2015-03-31 $10.02B $9.27B 92.51%
2014-12-31 $10.00B $9.23B 92.32%
2014-09-30 $10.11B $9.32B 92.19%
2014-06-30 $10.16B $9.34B 91.94%
2014-03-31 $10.36B $9.50B 91.76%
2013-12-31 $10.54B $9.65B 91.55%
2013-09-30 $10.64B $9.70B 91.19%
2013-06-30 $10.78B $9.83B 91.17%
2013-03-31 $10.78B $9.79B 90.82%
2012-12-31 $10.74B $9.68B 90.13%
2012-09-30 $10.68B $9.56B 89.45%
2012-06-30 $10.44B $9.22B 88.27%
2012-03-31 $10.22B $8.93B 87.34%
2011-12-31 $10.00B $8.62B 86.22%
2011-09-30 $10.03B $8.54B 85.20%
2011-06-30 $10.46B $8.86B 84.72%
2011-03-31 $10.84B $9.12B 84.12%
2010-12-31 $11.07B $9.28B 83.79%
2010-09-30 $11.14B $9.27B 83.23%
2010-06-30 $10.96B $9.03B 82.39%
2010-03-31 $10.73B $8.76B 81.62%
2009-12-31 $10.82B $8.78B 81.14%
Sector Industry Market Cap Revenue
Finance Banks - Major Regional $50.674B $33.246B
Truist Financial is the sixth largest commercial bank in the United States. The company conducts business operations primarily through its bank subsidiary, Truist Bank, and few other non-bank subsidiaries, serving consumers and commercial clients. It has the following operating segments: Consumer Banking and Wealth comprises Retail Community Banking, NCF&P, Wealth, Mortgage Banking and Dealer Retail Services. Corporate & Commercial Banking comprises Corporate and Investment Banking, Commercial Community Banking, Commercial Real Estate, and Grandbridge Real Estate Capital, LLC and Treasury Solutions product group. Insurance Holdings provides property and casualty, employee benefits, life insurance surety coverage, as well as title insurance. Others, Treasury & Corporate includes Truist Financial's investment securities portfolio, long-term debt, derivative instruments used for balance sheet hedging, short-term liquidity and funding activities, balance sheet risk management, as well as most real estate assets.
Stock Name Country Market Cap PE Ratio
JPMorgan Chase (JPM) United States $555.376B 11.18
Bank Of America (BAC) United States $299.134B 11.45
Wells Fargo (WFC) United States $212.176B 11.55
Citigroup (C) United States $118.345B 11.64
U.S Bancorp (USB) United States $63.868B 10.10
PNC Financial Services (PNC) United States $62.177B 11.60
Bank Of New York Mellon (BK) United States $43.049B 10.95
Fifth Third Bancorp (FITB) United States $25.075B 10.40
M&T Bank (MTB) United States $24.477B 9.75
State Street (STT) United States $22.129B 9.36
Northern Trust (NTRS) United States $17.071B 12.96
KeyCorp (KEY) United States $13.550B 14.18
Comerica (CMA) United States $6.909B 7.90
BankUnited (BKU) United States $2.038B 9.84