Name | Value |
---|---|
Revenues | 1,159.0M |
Cost of Revenue | 20.0M |
Gross Profit | 1,139.0M |
Operating Expense | 1,117.0M |
Operating I/L | -5,023.0M |
Other Income/Expense | -5,230.0M |
Interest Income | 6,351.0M |
Pretax | -5,230.0M |
Income Tax Expense | -1,324.0M |
Net Income/Loss | 903.0M |
Truist Financial Corporation, a holding company, provides banking and trust services in the Southeastern and Mid-Atlantic United States. The company offers a wide range of financial products and services, including deposit products, asset management, lending, insurance, investment brokerage, mobile/online banking, wealth management, and various commercial and corporate banking services. Truist operates through three segments: Consumer Banking and Wealth, Corporate and Commercial Banking, and Insurance Holdings. The company also provides capital market, institutional trust, leasing, merchant, and treasury services, as well as corporate and investment banking, retail and wholesale brokerage, securities underwriting, and investment advisory services.