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Truist Financial Corp (TFC) Q2 2021 Earnings Call Transcript fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
Truist Reports First Quarter 2021 Results Earnings of $1.3 billion, or $0.98 per diluted share News provided by Share this article Share this article 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. ....
Operator Greetings, ladies and gentlemen, and welcome to the Truist Financial Corporation First Quarter 2021 Earnings Conference. As a reminder, this event is being recorded. It is now my pleasure to introduce your host, Alan Greer of Investor Relations. Alan Greer Investor Relations Officer Thank you, Katie, and good morning, everyone. We appreciate you joining our call today. We have our Chairman and Chief Executive Officer, Kelly King; President and COO, Bill Rogers; and CFO, Daryl Bible, who will highlight a number of strategic priorities and discuss Truist s first quarter 21 results. Chris Henson, Head of Banking and Insurance; and Clarke Starnes, our Chief Risk Officer, will also participate in the Q&A portion of our call. ....
Truist Reports Fourth Quarter 2020 Results Earnings of $1.2 billion, or $0.90 per diluted share News provided by Share this article Share this article 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. ....