01—History
Net Income History
Year-over-year comparison from 10-K annual reports · Dashed line: constant growth FY2020–FY2025. Drag across the bars to change the range.
- $5.31B
1 older move runs past ±150% (largest +562.3%); point at, tap or drag across the bars to read one.
02—Ledger
Net Income, period by period
| Period | Scale | Value | Change | Source |
|---|---|---|---|---|
| FY2025 | $5.31B | +9.6% | 10-K | |
| FY2024 | $4.84B | +562.3% | 10-K | |
| FY2023 | −$1.05B | −116.7% | 10-K | |
| FY2022 | $6.27B | −2.6% | 10-K | |
| FY2021 | $6.44B | +43.3% | 10-K | |
| FY2020 | $4.49B | +38.8% | 10-K | |
| FY2019 | $3.24B | −0.6% | 10-K | |
| FY2018 | $3.26B | +34.9% | 10-K | |
| FY2017 | $2.42B | −1.1% | 10-K | |
| FY2016 | $2.44B | +15.0% | 10-K | |
| FY2015 | $2.12B | −3.8% | 10-K | |
| FY2014 | $2.21B | +41.1% | 10-K | |
| FY2013 | $1.56B | −18.4% | 10-K | |
| FY2012 | $1.92B | +48.6% | 10-K | |
| FY2011 | $1.29B | +58.0% | 10-K | |
| FY2010 | $816.0M | +11.9% | 10-K | |
| FY2009 | $729.0M | −51.3% | 10-K | |
| FY2008 | $1.50B | −13.6% | 10-K | |
| FY2007 | $1.73B | — | 10-K |
03—Questions
What is net income?
Net income can be defined as the company's total earnings or profit. It is calculated as revenues minus all expenses including cost of goods sold, operating expenses, interest, and taxes.
What is TRUIST FINANCIAL CORP's current net income?
TRUIST FINANCIAL CORP (TFC) annual net income for 2025 was $5.31B, a 9.65% increase from 2024. TRUIST FINANCIAL CORP net income for the quarter ending March 31, 2026 was $1.48B.
What was TRUIST FINANCIAL CORP's net income in 2024?
TRUIST FINANCIAL CORP annual net income for 2024 was $4.84B, a 562.27% increase from 2023.
What was TRUIST FINANCIAL CORP's net income in 2023?
TRUIST FINANCIAL CORP annual net income for 2023 was $-1.05B, a 116.71% decline from 2022.
What is TRUIST FINANCIAL CORP's 5-year net income CAGR?
TRUIST FINANCIAL CORP net income grew at a compound annual growth rate (CAGR) of 3.39% from FY2020 to FY2025, going from $4.49B to $5.31B over 5 years.
- Company
- TRUIST FINANCIAL CORP
- Ticker
- TFC
- Sector
- Financial Services
- Industry
- National Commercial Banks