Skip to content
AnalystLens

TRUIST FINANCIAL CORPTFC

Sector
Financial Services
Industry
National Commercial Banks
Exchange
NYSE

Stock Price $TFC

Latest filings

You are here#35 of 58 in Financials by market cap

Filing record · 2016–202610-K1110-Q338-K196

TFC filed 11 annual reports (10-K), 33 quarterly reports (10-Q) and 196 current reports (8-K) between 2016 and 2026.

  1. FY2016 annual report10-K · Feb ’17Feb ’17
  2. Deal closed8-K · Dec ’19Dec ’19
  3. Leadership change8-K · Oct ’21Oct ’21
  4. Leadership change8-K · Oct ’25Oct ’25

01—Key figures

Share Class
Source: 10-KFY2025
Source: 10-KFY2025
Source: 10-KFY2025

Net Income Trend

Year-over-year comparison from 10-K annual reports

  19. $5.31B
YoY changeLargest recent move+43.3%in FY21Latest +9.6%

1 older move runs past ±150% (largest +562.3%); point at, tap or drag across the bars to read one.

Latest bar from 10-KFY2025Click a bar to open its SEC filing

View full history →
All TFC Financial Metrics44 metrics

Income Statement9

Balance Sheet16

Cash Flow14

Per Share5

02—Overview

TRUIST FINANCIAL CORP Financial Overview 2021–2025

Updated Jul 10, 2026

Truist Financial fundamentally altered its trajectory with the $12.6 billiona cash sale of its insurance holdings in FY2024, a structural overhaul that fueled a massive $10.0 billion share repurchase authorization in FY2025. By stripping away non-core assets and selling off $27.7 billion in lower-yielding securities to reinvest at higher rates, the bank traded temporary volatility for a fortified, higher-yielding balance sheet. This aggressive capital reallocation proves Truist is prioritizing operational efficiency and shareholder returns over raw scale.

The bottom line highlights a deliberate transition, with net income shifting from $6.0 billionb in FY2021 to a $1.5 billion net loss in FY2023 due to a $6.1 billion goodwill impairment, before rebounding to $5.0 billion in FY2025. The balance sheet repositioning immediately paid dividends in core banking operations, as net interest income climbed 2.2% to $14.4 billion in FY2025 and net interest margin stabilized at 3.03%. Credit quality remained exceptionally steady, with nonperforming loans holding at just 0.48% of total loans held for investment.

Flush with divestiture cash, Truist aggressively distributed capital, returning $5.2 billionc to shareholders in FY2025 through $2.7 billion in dividends and $2.5 billion in stock buybacks. Despite these heavy payouts, the bank maintained a robust Common Equity Tier 1 (CET1) ratio of 10.8%. At the close of FY2025, the market valued the stock at $49.21 per share, representing a multiple of 12.9x trailing earnings based on its $3.82 diluted EPS.

Recent Developments (Q4 2025 and Q1 2026)

Truist announced a pivotal leadership transition, with CEO William H. Rogers, Jr. retiring on September 1, 2026, to be succeeded by Michael P. Lyons. Operationally, the bank carried strong momentum into Q1 2026, posting a 25% year-over-year jump in diluted earnings per share to $1.09d. Revenue expansion was broad-based, highlighted by an 11.6% surge in noninterest income to $1.55 billion and a 2.5% rise in taxable-equivalent net interest income to $3.64 billion. During the first quarter, the company distributed $645 million in dividends and executed $1.1 billion in share repurchases.

To optimize funding, Truist issued $2.0 billione in medium-term notes in April 2026 and $500 million in 6.250% preferred stock in May 2026. Bulls argue the double-digit fee income growth proves the core franchise is successfully capturing market share. Conversely, bears warn the slight uptick in nonperforming loans to 0.50% signals early asset quality pressure. Trading at 15.2x earnings as of May 1, 2026, the stock commands a premium reflecting its modernized leadership and recovered profitability.

What to watch: execution risks surrounding the executive transition in September 2026; ongoing momentum in investment banking and wealth management fees.

03—Filings

Recent SEC Filings

  1. 8-KTRUIST FINANCIAL CORP 8-K Report, Executive Changes (Oct 16, 2026)Truist Financial Corporation (TFC) has filed an 8-K to announce significant executive leadership changes. Dontá L. Wilson, Senior Executive Vice President and Chief Consumer and Small Business Banking Officer, will be departing the company effective December 31, 2026. Mr. Wilson is set to receive benefits consistent with an involuntary separation not for cause, contingent upon the execution of a release of claims and adherence to restrictive covenants. The company also announced new executive appointments designed to bolster its strategic priorities and drive future growth. These changes include the appointment of D. Steve Boland as Vice Chair, leveraging his extensive financial services background. Shimna Sameer will transition to Chief Consumer Banking Officer, focusing on core deposit growth and client relationships, while Jeff Warner joins as Chief Small Business Banking Officer. These appointments, effective immediately, aim to enhance leadership depth and execution capabilities as Truist pursues its next phase of growth and market leadership.
  2. 8-KTRUIST FINANCIAL CORP 8-K Report, Financial Results (Oct 16, 2026)Truist Financial Corporation (TFC) reported its third quarter 2026 results, marked by significant strategic actions aimed at simplifying the business and improving profitability. The company completed the sale of its Regional Acceptance Corporation (RAC) loan portfolio and announced an agreement to sell its LightStream unsecured lending platform. These actions, while resulting in a notable pre-tax loss on the sale of available-for-sale (AFS) securities, are intended to strengthen the company's risk, liquidity, and funding profile, allowing for greater investment in core businesses. Adjusted diluted earnings per share (EPS) rose 12% year-over-year to $1.16, excluding significant one-time charges and benefits related to the strategic transactions. Total revenue remained stable sequentially on an adjusted, taxable-equivalent basis. While noninterest income was impacted by losses from the AFS securities repositioning, wealth management income reached a record high for the quarter. The company maintained expense discipline, with adjusted noninterest expense being stable sequentially, excluding specific sale-related costs. Asset quality improved, with a notable decrease in nonperforming assets and the allowance for loan and lease losses (ALLL) ratio.
  3. 8-KTRUIST FINANCIAL CORP 8-K Report, Regulation FD Disclosure (Sep 15, 2026)On September 15, 2026, Truist Financial Corporation (TFC) disclosed, via Item 7.01 and Exhibit 99.1 furnished alongside a presentation by CFO Mike Maguire at the Barclays Global Financial Services Conference, that it has signed an agreement to sell $5.5 billion of auto loans representing substantially all assets of Regional Acceptance Corporation (RAC). The sale is part of Truist's strategic decision to exit the near-prime auto lending business, which the company describes as non-core and less profitable. Closing is anticipated in late 3Q26 or early 4Q26, subject to customary closing conditions. Management states that its 3Q26 and full-year 2026 outlook is unchanged excluding the impact of these strategic actions, and that the 2026 share repurchase target remains $5 billion. The transaction is expected to generate $5.2 billion in net proceeds and a $535 million loan loss reserve recapture, which Truist attributes to the difference between the purchase price and the loan amount net of reserve. Pre-tax earnings of RAC were approximately breakeven through the first six months of 2026. The company estimates the deal adds $945 million, or about 22 basis points, to CET1 capital, driven by a $410 million after-tax reserve recapture and $600 million of capital released from lower risk-weighted assets, partially offset by $65 million of after-tax transaction costs. Non-performing loans would fall by more than 10 basis points and annual net charge-offs by roughly 10 basis points. Truist presents illustrative uses of proceeds, including repaying wholesale borrowings and repositioning certain available-for-sale securities to offset the capital created by the sale, while noting these actions are subject to market conditions. For 2027, management expects modest earnings and ROTCE accretion. All financial metrics are described as preliminary estimates, and the company notes that a broader strategic review is ongoing, so further portfolio actions are possible.
  4. 8-KTRUIST FINANCIAL CORP 8-K Report, Bylaw Amendment (Jul 29, 2026)Truist Financial Corporation (TFC) has filed an 8-K report detailing amendments to its Amended and Restated Bylaws, effective July 28, 2026. The most significant change is the adoption of a new bylaw designating federal district courts as the exclusive forum for actions arising under the Securities Act of 1933, unless the company consents otherwise. This provision aims to centralize and streamline litigation related to federal securities laws, potentially reducing legal costs and forum shopping for plaintiffs.
  5. 8-KTRUIST FINANCIAL CORP 8-K Report, Corporate Update (Jul 23, 2026)Truist Financial Corporation (TFC) announced on July 23, 2026, the successful issuance and sale of $1.25 billion in aggregate principal amount of its 4.957% Fixed-to-Floating Rate Medium-Term Notes, Series I (Senior), due July 23, 2030. This offering is a significant capital markets transaction, aimed at strengthening the company's balance sheet and providing additional liquidity. The notes are registered under the Securities Act of 1933, as indicated by the previously filed Form S-3 registration statement. Investors should note the fixed-to-floating rate structure, which will transition to a variable rate after an initial period, potentially impacting future interest payments.
View all 8-K filings →
View all filings (10-K, 10-Q, 8-K, proxy & more) →

04—See also

Related Companies

Annual revenue over each company’s last eight fiscal years, each strip on its own scale from zero.