TRUIST FINANCIAL CORP Net Income 2007-2025 | TFC
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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 2024 was $4.84B, a 562.27% increase from 2023. TRUIST FINANCIAL CORP net income for the quarter ending September 30, 2025 was $1.45B.
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 was TRUIST FINANCIAL CORP's net income in 2022?
TRUIST FINANCIAL CORP annual net income for 2022 was $6.27B, a 2.64% decline from 2021.
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 8.38% from FY2019 to FY2024, going from $3.24B to $4.84B over 5 years.
Net Income History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Stable
CAGR+8.4%
FY2019
$3.24B
→
FY2024
$4.84B
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5 years selected
Net Income History
| Period | Value | Change | Source |
|---|---|---|---|
| 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 | +27.5% | 10-K |
| FY2013 | $1.73B | -14.7% | 10-K |
| FY2012 | $2.03B | +52.3% | 10-K |
| FY2011 | $1.33B | +56.0% | 10-K |
| FY2010 | $854.0M | -2.6% | 10-K |
| FY2009 | $877.0M | -42.6% | 10-K |
| FY2008 | $1.53B | -12.4% | 10-K |
| FY2007 | $1.75B | - | 10-K |
Company: TRUIST FINANCIAL CORPTicker: TFCSector: Financial ServicesIndustry: National Commercial BanksView company profile →