Truist Financial Gross Profit 2010-2024 | TFC

Truist Financial annual/quarterly gross profit history and growth rate from 2010 to 2024. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services.
  • Truist Financial gross profit for the quarter ending March 31, 2024 was $4.818B, a 8.89% decline year-over-year.
  • Truist Financial gross profit for the twelve months ending March 31, 2024 was $22.920B, a 0.34% decline year-over-year.
  • Truist Financial annual gross profit for 2023 was $23.39B, a 1.54% increase from 2022.
  • Truist Financial annual gross profit for 2022 was $23.035B, a 3.31% increase from 2021.
  • Truist Financial annual gross profit for 2021 was $22.296B, a 1.8% decline from 2020.
Truist Financial Annual Gross Profit
(Millions of US $)
2023 $23,390
2022 $23,035
2021 $22,296
2020 $22,705
2019 $12,568
2018 $11,558
2017 $11,317
2016 $10,793
2015 $9,611
2014 $9,230
2013 $9,652
2012 $9,677
2011 $8,620
2010 $9,277
2009 $8,778
Truist Financial Quarterly Gross Profit
(Millions of US $)
2024-03-31 $4,818
2023-12-31 $6,512
2023-09-30 $5,672
2023-06-30 $5,918
2023-03-31 $5,288
2022-12-31 $6,208
2022-09-30 $5,847
2022-06-30 $5,655
2022-03-31 $5,325
2021-12-31 $5,566
2021-09-30 $5,598
2021-06-30 $5,650
2021-03-31 $5,482
2020-12-31 $5,651
2020-09-30 $5,572
2020-06-30 $5,871
2020-03-31 $5,611
2019-12-31 $3,625
2019-09-30 $3,003
2019-06-30 $3,042
2019-03-31 $2,898
2018-12-31 $2,940
2018-09-30 $2,926
2018-06-30 $2,879
2018-03-31 $2,813
2017-12-31 $2,869
2017-09-30 $2,813
2017-06-30 $2,855
2017-03-31 $2,780
2016-12-31 $2,727
2016-09-30 $2,774
2016-06-30 $2,747
2016-03-31 $2,545
2015-12-31 $2,519
2015-09-30 $2,452
2015-06-30 $2,331
2015-03-31 $2,309
2014-12-31 $2,357
2014-09-30 $2,298
2014-06-30 $2,301
2014-03-31 $2,274
2013-12-31 $2,446
2013-09-30 $2,322
2013-06-30 $2,461
2013-03-31 $2,423
2012-12-31 $2,496
2012-09-30 $2,446
2012-06-30 $2,428
2012-03-31 $2,307
2011-12-31 $2,374
2011-09-30 $2,106
2011-06-30 $2,141
2011-03-31 $1,999
2010-12-31 $2,296
2010-09-30 $2,424
2010-06-30 $2,399
2010-03-31 $2,158
2009-12-31 $2,293
2009-09-30 $2,177
2009-06-30 $2,131
2009-03-31 $2,177
Sector Industry Market Cap Revenue
Finance Banks - Major Regional $51.383B $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.
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