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TFC-PO| Name | Value |
|---|---|
| Revenues | 5,085.0M |
| Cost of Revenue | -2,750.0M |
| Gross Profit | 7,835.0M |
| Operating Expense | 5,085.0M |
| Operating I/L | -204.0M |
| Other Income/Expense | 1,914.0M |
| Interest Income | 6,352.0M |
| Pretax | 1,710.0M |
| Income Tax Expense | 271.0M |
| Net Income/Loss | 1,442.0M |
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 deposit products, including checking, savings, money market accounts, and certificates of deposit. Additionally, it provides various lending services such as automobile, bankcard, consumer finance, home equity, mortgage, and small business lending. Truist also offers insurance, investment brokerage, mobile/online banking, wealth management, and commercial and investment banking services. The company operates through 2,517 banking offices and generates revenue through interest income, fees from lending and investment services, and insurance premiums.
