Truist Financial CorporationTFC
NYSE•Financial Services•Banks - Regional
Truist Financial Corporation, a financial services company, provides banking and trust services in the Southeastern and Mid-Atlantic United States. The company operates through two segments, Consumer and Small Business Banking; and Wholesale Banking. Its deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. The company also provides funding; asset management; credit card lending; home equity and mortgage lending; other direct retail lending; home mortgage lending; Investment brokerage services; mobile/online banking; payment solutions; point-of-sale lending; retail and small business deposit products; and small business lending. In addition, it offers asset-based lending, commercial deposit and treasury services; commercial lending; floor plan lending; derivatives; institutional trust services; insurance premium finance; international banking; investment banking and capital markets services; leasing; merchant services; mortgage warehouse lending; real estate lending; supply chain financing; and wealth management/private banking. The company was formerly known as BB&T Corporation and changed its name to Truist Financial Corporation in December 2019. Truist Financial Corporation was founded in 1872 and is headquartered in Charlotte, North Carolina.
Truist Financial Corporation (TFC) reported trailing twelve months revenue of $30.44B as of December 2025, a 25.5% increase year-over-year. Quarterly revenue reached $7.66B, reflecting continued top-line momentum.
Truist Financial Corporation generated $5.31B in TTM net income, with quarterly EBITDA of $1.63B. The operating margin expanded from 20.3% to 20.4%, suggesting improving cost efficiency and pricing discipline.
The spread between operating margin (20.4%) and net margin (17.7%) indicates tight cost control with minimal non-operating drag. Net margin has improved from 16.7% a year ago, signaling stronger bottom-line efficiency.
TFC trades at a P/E of 12.0x (below the broader market average) and a P/S of 2.1x. The price-to-book ratio of 1.0x suggests the stock trades below its book value.
The company generated $2.58B in free cash flow over the trailing twelve months, a 233.2% increase year-over-year, indicating cash generation ability. The balance sheet shows $547.54B in total assets with $41.96B in long-term debt against $65.19B in stockholders equity for a debt-to-equity ratio of 0.6. Data based on the most recent quarterly reports.
Competitive analysis based on 21 quarters of fundamental data
Operating margins are under pressure, averaging -39.5%. The business may lack pricing power or face rising costs.'
ROE is low or negative, suggesting limited competitive advantage or capital allocation challenges.
Free cash flow is consistently positive and growing — a hallmark of a capital-light business that can self-fund growth.
Revenue has been flat or declining over recent quarters, which may indicate eroding demand or competitive pressure.
Data-driven red flags and warnings across 21 quarters
The company posted negative operating margins in recent quarters — core operations are unprofitable.
FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.
D/E ratio is 0.6 — conservative capital structure with low financial risk.
Revenue is stable or growing over recent quarters — demand appears durable.
Free cash flow is consistently positive — the business self-funds without external capital reliance.
Shares decreased 4.6% — net buybacks are reducing shares outstanding and boosting per-share value.
Quarterly standardized metrics.
Stock price and market valuation
Revenue and earnings growth across quarters
Assets, cash, debt, and leverage
Price multiples and return ratios
Operating efficiency and return metrics
Free cash flow, earnings quality, and capital allocation