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Truist Reports First Quarter 2021 Results

Truist Reports First Quarter 2021 Results
Earnings of $1.3 billion, or $0.98 per diluted share
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CHARLOTTE, N.C., April 15, 2021 /PRNewswire/ Truist Financial Corporation (NYSE: TFC) today reported earnings for the first quarter of 2021.
Net income available to common shareholders was $1.3 billion, up 35.3 percent, compared to the first quarter last year. Earnings per diluted common share were $0.98, an increase of 34.2 percent compared with the same period last year. Results for the first quarter produced an annualized return on average assets (ROA) of 1.17 percent, an annualized return on average common shareholders equity (ROCE) of 8.69 percent and an annualized return on tangible common shareholders equity (ROTCE) of 16.40 percent. ....

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Truist Reports Fourth Quarter 2020 Results

Truist Reports Fourth Quarter 2020 Results
Earnings of $1.2 billion, or $0.90 per diluted share
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CHARLOTTE, N.C., Jan. 21, 2021 /PRNewswire/ Truist Financial Corporation (NYSE: TFC) today reported earnings for the fourth quarter of 2020.
Net income available to common shareholders was $1.2 billion, up 74.9 percent, compared to the fourth quarter last year. Earnings per diluted common share were $0.90, an increase of 20.0 percent compared with the same period last year. Results for the fourth quarter produced an annualized return on average assets (ROA) of 1.05 percent, an annualized return on average common shareholders equity (ROCE) of 7.88 percent, and an annualized return on tangible common shareholders equity (ROTCE) of 14.99 percent. ....

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