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TFC| Name | Value |
|---|---|
| Revenues | 7,726.0M |
| Cost of Revenue | 3,312.0M |
| Gross Profit | 4,414.0M |
| Operating Expense | 984.0M |
| Operating I/L | 1,656.0M |
| Other Income/Expense | 3,480.0M |
| Interest Income | 6,184.0M |
| Pretax | 1,365.0M |
| Income Tax Expense | 232.0M |
| Net Income/Loss | 1,197.0M |
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 corporate and investment banking. It operates through three segments: Consumer Banking and Wealth, Corporate and Commercial Banking, and Insurance Holdings. Truist Financial Corporation serves individuals, small businesses, and large corporations through its extensive network of 2,517 banking offices, generating revenue from interest income, fees, and commissions.
