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Making The Cloud Pay | Global Finance Magazine


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The ability of cloud-based systems to deliver faster payments and treasury insights took on added importance during the pandemic.
May 03, 2021
Samuel Guillon knows firsthand the pandemic challenges faced by corporate finance officers. He was working as CFO of Colas, a global road and transport construction group, in the early days of the pandemic, when “even the largest companies in the world were in fear of being bankrupt.”
“Nobody could have said before that all operational cash flows will stop flowing overnight,” he says, thinking back on it. “But that was my case as a CFO. I’d been doing simulations for weeks to check that we were not going bankrupt.” ....

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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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