Truist Financial (TFC) Revenue & Revenue Breakdown
Truist Financial Revenue Highlights
Latest Revenue (Y)
$33.25B
Latest Revenue (Q)
$1.14B
Truist Financial Revenue by Period
Truist Financial Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $33.25B | 49.37% |
| 2022-12-31 | $22.26B | -3.68% |
| 2021-12-31 | $23.11B | 13.45% |
| 2020-12-31 | $20.37B | 70.42% |
| 2019-12-31 | $11.95B | 8.74% |
| 2018-12-31 | $10.99B | 2.06% |
| 2017-12-31 | $10.77B | 5.37% |
| 2016-12-31 | $10.22B | 11.30% |
| 2015-12-31 | $9.18B | 2.27% |
| 2014-12-31 | $8.98B | -0.89% |
| 2013-12-31 | $9.06B | 5.10% |
| 2012-12-31 | $8.62B | -3.24% |
| 2011-12-31 | $8.91B | -3.97% |
| 2010-12-31 | $9.28B | 6.01% |
| 2009-12-31 | $8.75B | 18.98% |
| 2008-12-31 | $7.36B | 10.88% |
| 2007-12-31 | $6.63B | 7.02% |
| 2006-12-31 | $6.20B | 5.94% |
| 2005-12-31 | $5.85B | 7.01% |
| 2004-12-31 | $5.47B | 9.98% |
| 2003-12-31 | $4.97B | 11.96% |
| 2002-12-31 | $4.44B | 16.44% |
| 2001-12-31 | $3.81B | 36.45% |
| 2000-12-31 | $2.79B | 19.27% |
| 1999-12-31 | $2.34B | 31.98% |
| 1998-12-31 | $1.78B | 12.77% |
| 1997-12-31 | $1.57B | 39.83% |
| 1996-12-31 | $1.13B | 16.32% |
| 1995-12-31 | $967.90M | 138.58% |
| 1994-12-31 | $405.70M | 39.42% |
| 1993-12-31 | $291.00M | - |
Truist Financial generated $33.25B in revenue during NA 2023, up 49.37% compared to the previous quarter, and up 302.46% compared to the same period a year ago.
Truist Financial Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $1.14B | -85.26% |
| 2024-03-31 | $7.73B | -8.25% |
| 2023-12-31 | $8.42B | 62.72% |
| 2023-09-30 | $5.17B | -3.81% |
| 2023-06-30 | $5.38B | -3.93% |
| 2023-03-31 | $5.60B | -2.46% |
| 2022-12-31 | $5.74B | 2.28% |
| 2022-09-30 | $5.61B | -0.74% |
| 2022-06-30 | $5.66B | 4.34% |
| 2022-03-31 | $5.42B | -4.39% |
| 2021-12-31 | $5.67B | -4.27% |
| 2021-09-30 | $5.92B | -2.66% |
| 2021-06-30 | $6.08B | 11.96% |
| 2021-03-31 | $5.43B | -0.73% |
| 2020-12-31 | $5.47B | 6.27% |
| 2020-09-30 | $5.15B | 2.47% |
| 2020-06-30 | $5.03B | 6.55% |
| 2020-03-31 | $4.72B | 36.60% |
| 2019-12-31 | $3.45B | 19.68% |
| 2019-09-30 | $2.89B | 0.56% |
| 2019-06-30 | $2.87B | 4.63% |
| 2019-03-31 | $2.74B | -1.83% |
| 2018-12-31 | $2.79B | 0.11% |
| 2018-09-30 | $2.79B | 1.71% |
| 2018-06-30 | $2.74B | 3.04% |
| 2018-03-31 | $2.66B | -2.49% |
| 2017-12-31 | $2.73B | 1.64% |
| 2017-09-30 | $2.69B | -1.21% |
| 2017-06-30 | $2.72B | 3.34% |
| 2017-03-31 | $2.63B | 1.31% |
| 2016-12-31 | $2.60B | -1.07% |
| 2016-09-30 | $2.63B | -0.38% |
| 2016-06-30 | $2.64B | 1.19% |
| 2016-03-31 | $2.60B | 1.32% |
| 2015-12-31 | $2.57B | 2.43% |
| 2015-09-30 | $2.51B | 3.68% |
| 2015-06-30 | $2.42B | 1.38% |
| 2015-03-31 | $2.39B | -1.44% |
| 2014-12-31 | $2.42B | 2.15% |
| 2014-09-30 | $2.37B | 0.34% |
| 2014-06-30 | $2.36B | 0.94% |
| 2014-03-31 | $2.34B | -2.05% |
| 2013-12-31 | $2.39B | -0.21% |
| 2013-09-30 | $2.40B | -5.89% |
| 2013-06-30 | $2.55B | 2.58% |
| 2013-03-31 | $2.48B | -11.80% |
| 2012-12-31 | $2.81B | 15.04% |
| 2012-09-30 | $2.45B | 0.66% |
| 2012-06-30 | $2.43B | 5.19% |
| 2012-03-31 | $2.31B | -13.26% |
| 2011-12-31 | $2.66B | 26.45% |
| 2011-09-30 | $2.11B | -1.63% |
| 2011-06-30 | $2.14B | 7.10% |
| 2011-03-31 | $2.00B | -17.12% |
| 2010-12-31 | $2.41B | -0.50% |
| 2010-09-30 | $2.42B | 1.04% |
| 2010-06-30 | $2.40B | 11.17% |
| 2010-03-31 | $2.16B | -4.77% |
| 2009-12-31 | $2.27B | 4.09% |
| 2009-09-30 | $2.18B | -1.45% |
| 2009-06-30 | $2.21B | 1.47% |
| 2009-03-31 | $2.18B | 21.48% |
| 2008-12-31 | $1.79B | -4.68% |
| 2008-09-30 | $1.88B | -0.79% |
| 2008-06-30 | $1.90B | 5.98% |
| 2008-03-31 | $1.79B | 5.92% |
| 2007-12-31 | $1.69B | - |
Truist Financial generated $1.14B in revenue during Q2 2024, up -85.26% compared to the previous quarter, and up 20.34% compared to the same period a year ago.
Truist Financial Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| TFC | Truist Financial | $33.25B | $1.14B |
| USB | U.S. Bancorp | $28.01B | $10.80B |
| PNC | PNC Financial Services Group | $21.51B | $8.04B |
| FITB | Fifth Third Bancorp | $12.64B | $3.31B |
| KEY | KeyCorp | $10.40B | $2.71B |
| MTB | M&T Bank | $10.22B | $3.37B |
| HBAN | Huntington Bancshares | $8.92B | $2.98B |
| RF | Regions Financial | $6.90B | $2.32B |
| CMA | Comerica | $5.29B | $1.25B |
| WAL | Western Alliance Ban | $4.33B | $1.24B |
| ZION | Zions Bancorporation, National Association | $2.71B | $1.25B |
| PACW | PacWest Bancorp | $1.29B | $143.32M |
TFC Revenue FAQ
What is Truist Financial’s yearly revenue?
Truist Financial's yearly revenue for 2023 was $33.25B, representing an increase of 49.37% compared to 2022. The company's yearly revenue for 2022 was $22.26B, representing a decrease of -3.68% compared to 2021. TFC's yearly revenue for 2021 was $23.11B, representing an increase of 13.45% compared to 2020.
What is Truist Financial’s quarterly revenue?
Truist Financial's quarterly revenue for Q2 2024 was $1.14B, a -85.26% decrease from the previous quarter (Q1 2024), and a -78.83% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $7.73B, a -8.25% decrease from the previous quarter (Q4 2023), and a 37.96% increase year-over-year (Q1 2023). TFC's quarterly revenue for Q4 2023 was $8.42B, a 62.72% increase from the previous quarter (Q3 2023), and a 46.68% increase year-over-year (Q4 2022).
What is Truist Financial’s revenue growth rate?
Truist Financial's revenue growth rate for the last 3 years (2021-2023) was 43.87%, and for the last 5 years (2019-2023) was 178.14%.