Truist Financial Past Earnings Performance
Past criteria checks 3/6
Truist Financial has been growing earnings at an average annual rate of 21.1%, while the Banks industry saw earnings growing at 8.8% annually. Revenues have been growing at an average rate of 20.1% per year. Truist Financial's return on equity is 10.2%, and it has net margins of 26.3%.
Key information
21.1%
Earnings growth rate
6.1%
EPS growth rate
| Banks Industry Growth | 10.6% |
| Revenue growth rate | 20.1% |
| Return on equity | 10.2% |
| Net Margin | 26.3% |
| Next Earnings Update | 19 Jan 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Truist Financial makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 22 | 22,186 | 5,841 | 12,472 | 0 |
| 30 Jun 22 | 22,495 | 5,921 | 12,623 | 0 |
| 31 Mar 22 | 23,095 | 6,026 | 12,714 | 0 |
| 31 Dec 21 | 23,109 | 6,033 | 12,750 | 0 |
| 30 Sep 21 | 22,914 | 5,737 | 12,799 | 0 |
| 30 Jun 21 | 22,143 | 5,189 | 12,600 | 0 |
| 31 Mar 21 | 21,086 | 4,532 | 12,398 | 0 |
| 31 Dec 20 | 20,370 | 4,184 | 12,179 | 0 |
| 30 Sep 20 | 18,350 | 3,658 | 11,085 | 0 |
| 30 Jun 20 | 16,085 | 3,325 | 9,589 | 0 |
| 31 Mar 20 | 13,928 | 3,265 | 8,097 | 0 |
| 31 Dec 19 | 11,953 | 3,028 | 6,664 | 0 |
| 30 Sep 19 | 11,293 | 3,080 | 6,351 | 0 |
| 30 Jun 19 | 11,198 | 3,134 | 6,183 | 0 |
| 31 Mar 19 | 11,072 | 3,067 | 6,058 | 0 |
| 31 Dec 18 | 10,992 | 3,063 | 5,930 | 0 |
| 30 Sep 18 | 10,929 | 2,923 | 5,587 | 0 |
| 30 Jun 18 | 10,825 | 2,731 | 5,530 | 0 |
| 31 Mar 18 | 10,801 | 2,587 | 5,538 | 0 |
| 31 Dec 17 | 10,770 | 2,220 | 5,835 | 0 |
| 30 Sep 17 | 10,637 | 2,198 | 5,465 | 0 |
| 30 Jun 17 | 10,576 | 2,200 | 5,443 | 0 |
| 31 Mar 17 | 10,492 | 2,110 | 5,399 | 0 |
| 31 Dec 16 | 10,221 | 2,259 | 5,327 | 0 |
| 30 Sep 16 | 10,013 | 2,169 | 5,133 | 0 |
| 30 Jun 16 | 9,736 | 2,062 | 4,975 | 0 |
| 31 Mar 16 | 9,334 | 1,975 | 4,759 | 0 |
| 31 Dec 15 | 9,183 | 1,936 | 4,634 | 0 |
Quality Earnings: BBK has high quality earnings.
Growing Profit Margin: BBK's current net profit margins (26.3%) are higher than last year (25%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BBK's earnings have grown significantly by 21.1% per year over the past 5 years.
Accelerating Growth: BBK's earnings growth over the past year (1.8%) is below its 5-year average (21.1% per year).
Earnings vs Industry: BBK earnings growth over the past year (1.8%) did not outperform the Banks industry 32%.
Return on Equity
High ROE: BBK's Return on Equity (10.2%) is considered low.