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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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