Truist Financial Corporation (TFC) Earnings History
Annual and quarterly earnings data from 1989 to 2024
Loading earnings history...
TFC EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
TFC Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2024 | 47.0% | -2.5% | 19.9% |
| 2023 | 59.8% | -2.6% | -3.6% |
| 2022 | 86.1% | 31.5% | 28.1% |
| 2021 | 100.2% | 34.7% | 27.9% |
| 2020 | 83.4% | 22.4% | 18.3% |
Download Data
Export TFC earnings history in CSV or JSON format
Free sign-in required to download data
Truist Financial Corporation (TFC) Earnings Overview
As of May 7, 2026, Truist Financial Corporation (TFC) reported trailing twelve-month net income of $5.23B, reflecting +408.3% year-over-year growth. The company earned $4.01 per diluted share over the past four quarters, with a net profit margin of 19.9%.
Looking at the long-term picture, TFC's 5-year EPS compound annual growth rate (CAGR) stands at -2.0%, signaling declining earnings. The company achieved its highest annual net income of $6.44B in fiscal 2021.
Truist Financial Corporation maintains industry-leading profitability with a gross margin of 47.0%, operating margin of -2.5%, and net margin of 19.9%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including USB ($7.58B net income, 17.7% margin), PNC ($6.53B net income, 17.5% margin), RF ($2.16B net income, 22.4% margin), TFC has outperformed on profitability metrics. Compare TFC vs USB →
TFC Earnings vs Peers
Earnings metrics vs comparable public companies
TFC Historical Earnings Data (1989–2024)
36 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $4.82B | +541.6% | -$601M | $3.36 | 19.9% | -2.5% |
| 2023 | -$1.09B | -117.4% | -$765M | $-1.09 | -3.6% | -2.6% |
| 2022 | $6.26B | -2.8% | $7.03B | $4.43 | 28.1% | 31.5% |
| 2021 | $6.44B | +43.7% | $7.99B | $4.47 | 27.9% | 34.7% |
| 2020 | $4.48B | +39.0% | $5.47B | $3.08 | 18.3% | 22.4% |
| 2019 | $3.22B | -0.4% | $4.02B | $3.71 | 22.0% | 27.4% |
| 2018 | $3.24B | +35.2% | $4.06B | $3.91 | 24.9% | 31.2% |
| 2017 | $2.39B | -1.3% | $3.33B | $2.74 | 19.7% | 27.4% |
| 2016 | $2.43B | +16.4% | $3.50B | $2.77 | 21.0% | 30.3% |
| 2015 | $2.08B | -2.2% | $2.92B | $2.56 | 19.6% | 27.5% |
Full TFC Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See TFC's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs TFC Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare TFC vs BRK-A
Side-by-side business, growth, and profitability comparison vs Berkshire Hathaway Inc..
Start ComparisonTFC — Frequently Asked Questions
Quick answers to the most common questions about buying TFC stock.
Is TFC growing earnings?
TFC EPS is $4.01, with earnings growth accelerating to +408.3%. This exceeds the 5-year CAGR of -2.0%. TTM net income reached $5.2B.
What are TFC's profit margins?
Truist Financial Corporation net margin is +19.9%, with operating margin at -2.5%. Above-average margins indicate pricing power.
How consistent are TFC's earnings?
TFC earnings data spans 1989-2024. The accelerating earnings trend is +408.3% YoY. Historical data enables comparison across business cycles.