Truist Financial Corporation

DB:BBK Stock Report

Market Cap: €55.1b

Truist Financial Past Earnings Performance

Past criteria checks 0/6

Truist Financial's earnings have been declining at an average annual rate of -26%, while the Banks industry saw earnings growing at 18% annually. Revenues have been growing at an average rate of 4.1% per year.

Key information

-26.0%

Earnings growth rate

-30.3%

EPS growth rate

Banks Industry Growth10.6%
Revenue growth rate4.1%
Return on equity-9.2%
Net Margin-44.7%
Next Earnings Update17 Jan 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Truist Financial makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:BBK Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2414,497-6,47912,3740
30 Jun 2414,232-6,80912,3840
31 Mar 2420,813-1,73212,4560
31 Dec 2321,281-1,45212,5200
30 Sep 2319,3445,01410,8940
30 Jun 2320,5855,54711,4890
31 Mar 2321,6245,90712,0040
31 Dec 2222,2585,92712,5680
30 Sep 2222,1865,84112,5020
30 Jun 2222,4955,92112,6530
31 Mar 2223,0956,02612,7440
31 Dec 2123,1096,03312,7800
30 Sep 2122,9145,73712,7990
30 Jun 2122,1435,18912,6000
31 Mar 2121,0864,53212,3980
31 Dec 2020,3704,18412,1790
30 Sep 2018,3503,65811,0850
30 Jun 2016,0853,3259,5890
31 Mar 2013,9283,2658,0970
31 Dec 1911,9533,0286,6640
30 Sep 1911,2933,0806,3510
30 Jun 1911,1983,1346,1830
31 Mar 1911,0723,0676,0580
31 Dec 1810,9923,0635,9300
30 Sep 1810,9292,9235,5870
30 Jun 1810,8252,7315,5300
31 Mar 1810,8012,5875,5380
31 Dec 1710,7702,2205,8350
30 Sep 1710,6372,1985,4650
30 Jun 1710,5762,2005,4430
31 Mar 1710,4922,1105,3990
31 Dec 1610,2212,2595,3270
30 Sep 1610,0132,1695,1330
30 Jun 169,7362,0624,9750
31 Mar 169,3341,9754,7590
31 Dec 159,1831,9364,6340
30 Sep 159,0671,9854,4990
30 Jun 158,9822,0054,3800
31 Mar 158,9751,9754,3240
31 Dec 148,9791,9834,2900
30 Sep 148,9921,9694,3370
30 Jun 148,9581,7254,3690
31 Mar 149,0241,8484,4200
31 Dec 139,0601,5634,4210

Quality Earnings: BBK is currently unprofitable.

Growing Profit Margin: BBK is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: BBK is unprofitable, and losses have increased over the past 5 years at a rate of 26% per year.

Accelerating Growth: Unable to compare BBK's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BBK is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (12.6%).

Return on Equity

High ROE: BBK has a negative Return on Equity (-9.24%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 03:09
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Truist Financial Corporation is covered by 57 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stephen BiggarArgus Research Company
David GeorgeBaird
Ishan MajumdarBaptista Research