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TFC-PR| Name | Value |
|---|---|
| Revenues | 5,600.0M |
| Cost of Revenue | 0.0M |
| Gross Profit | 5,600.0M |
| Operating Expense | 3,691.0M |
| Operating I/L | 2,183.0M |
| Other Income/Expense | -63.0M |
| Interest Income | 5,785.0M |
| Pretax | 1,909.0M |
| Income Tax Expense | 394.0M |
| Net Income/Loss | 1,513.0M |
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.
