Name | Value |
---|---|
Revenues | 5,175.0M |
Cost of Revenue | 0.0M |
Gross Profit | 5,175.0M |
Operating Expense | 3,747.0M |
Operating I/L | 1,710.0M |
Other Income/Expense | -282.0M |
Interest Income | 6,229.0M |
Pretax | 1,428.0M |
Income Tax Expense | 245.0M |
Net Income/Loss | 1,177.0M |
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.