Name | Value |
---|---|
Revenues | 6,208.0M |
Cost of Revenue | 0.0M |
Gross Profit | 6,208.0M |
Operating Expense | 417.0M |
Operating I/L | 3,275.0M |
Other Income/Expense | -1,256.0M |
Interest Income | 5,238.0M |
Pretax | 2,019.0M |
Income Tax Expense | 337.0M |
Net Income/Loss | 1,681.0M |
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, payment services, wealth management, and corporate and investment banking. Truist operates through three segments: Consumer Banking and Wealth, Corporate and Commercial Banking, and Insurance Holdings. The company generates revenue through interest income from loans and deposits, fees from various financial services, and investment activities.