Truist Financial TFC Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent by Business | |||||
| CSBB | $2.5B-20.2% | $3.14B+3,135% | $97M-97.0% | $3.23B— | |
| OT&C | -$1.23B+82.6% | -$7.06B-275% | -$1.88B+0.7% | -$1.9B— | |
| WB | $4.03B+4.2% | $3.87B— | —— | $4.45B— | |
| Noninterest income by Business | |||||
| CSBB | $2.07B+1.6% | $2.04B+1.2% | $2.02B-4.4% | $2.11B— | |
| OT&C | -$339M+95.1% | -$6.9B-5,250% | -$129M+65.0% | -$369M-60.4% | |
| WB | $4.16B+2.8% | $4.05B+12.1% | $3.61B-7.9% | $3.92B— | |
| Pre-Tax Income by Business | |||||
| CSBB | $3.31B-19.8% | $4.13B— | —— | $4.24B— | |
| OT&C | -$2.04B+78.6% | -$9.56B-225% | -$2.94B-2.5% | -$2.87B+22.4% | |
| WB | $5.08B+5.3% | $4.82B— | —— | $5.67B— | |
| Income Tax Expense (Benefit) by Business | |||||
| CSBB | $808M-18.5% | $992M-8.9% | $1.09B+7.4% | $1.01B— | |
| OT&C | -$811M+67.5% | -$2.5B-136% | -$1.06B-7.1% | -$990M+0.7% | |
| WB | $1.05B+9.9% | $951M+34.1% | $709M-42.2% | $1.23B— | |
| Total direct noninterest expense by Business | |||||
| CSBB | $3.09B+0.4% | $3.08B-54.5% | $6.76B+99.8% | $3.38B— | |
| OT&C | $5.68B+0.2% | $5.67B-0.8% | $5.71B+4.6% | $5.46B— | |
| WB | $3.3B+1.3% | $3.26B-47.5% | $6.21B+86.8% | $3.32B— | |
| Noninterest Expense by Business | |||||
| CSBB | $6.77B+1.7% | $6.66B-35.3% | $10.29B+52.4% | $6.75B— | |
| OT&C | $15M-93.0% | $215M+279% | -$120M-125% | $482M— | |
| WB | $5.29B+3.0% | $5.14B-39.6% | $8.51B+72.5% | $4.94B— | |
| Expense allocation by Business | |||||
| CSBB | $3.68B+2.9% | $3.58B+1.3% | $3.53B+4.8% | $3.37B— | |
| OT&C | -$5.67B-3.9% | -$5.46B+6.5% | -$5.83B-17.1% | -$4.98B— | |
| WB | $1.99B+5.9% | $1.88B-18.5% | $2.3B+43.0% | $1.61B— | |
| Interest Income (Expense), Operating by Business | |||||
| CSBB | $9.55B-5.5% | $10.1B-2.6% | $10.37B+6.4% | $9.75B— | |
| OT&C | -$2.19B+26.1% | -$2.96B-12.5% | -$2.63B+28.2% | -$3.67B-19.0% | |
| WB | $7.8B-7.9% | $8.47B-7.3% | $9.14B+38.5% | $6.6B— | |
| Identifiable assets (period end) of continuing operations(3) by Business | |||||
| CSBB | $607.32B+4.9% | $579.01B-6.2% | $617.58B— | —— | |
| OT&C | $696.88B+0.4% | $694.06B-1.2% | $702.46B-0.4% | $705.21B-1.4% | |
| WB | $866.92B+4.6% | $828.58B-3.2% | $856.36B— | —— | |
| Other direct noninterest expense by Business | |||||
| CSBB | $1.16B+0.1% | $1.16B-8.5% | $1.27B+3.5% | $1.23B— | |
| OT&C | $3.02B-4.4% | $3.16B-6.2% | $3.37B+23.0% | $2.74B— | |
| WB | $780M+2.8% | $759M-5.7% | $805M+10.9% | $726M— | |
| Personnel expense by Business | |||||
| CSBB | $1.77B+2.2% | $1.73B-9.4% | $1.91B+3.4% | $1.85B— | |
| OT&C | $2.71B+7.7% | $2.51B+7.0% | $2.35B+1.1% | $2.32B— | |
| WB | $2.39B+2.0% | $2.34B-6.5% | $2.5B+5.0% | $2.38B— | |
| Amortization of intangibles by Business | |||||
| CSBB | $153M-15.5% | $181M-14.2% | $211M-16.3% | $252M— | |
| OT&C | -$1M— | —— | $0-100% | $1M-50.0% | |
| WB | $138M-14.3% | $161M-12.5% | $184M-9.4% | $203M— | |
| Goodwill impairment by Business | |||||
| CSBB | $0— | $0-100% | $3.36B— | $0— | |
| OT&C | $0— | $0— | $0— | $0— | |
| WB | $0— | $0-100% | $2.72B— | $0— | |
| Provision for Credit Losses by Business | |||||
| CSBB | $1.54B+17.7% | $1.31B+17.9% | $1.11B+28.6% | $864M— | |
| OT&C | -$2M— | $0+100% | -$7M-600% | -$1M— | |
| WB | $354M-36.8% | $560M-44.3% | $1.01B+1,217% | -$90M— | |
| Noninterest income by Product | |||||
| Credit Card | $1.47B+12.4% | $1.31B-0.4% | $1.32B+39.4% | $944M+8.0% | |
| Investment Advisory Management And Administrative Service | $1.14B-5.6% | $1.2B+46.4% | $822M-17.4% | $995M-31.0% | |
| Lending related fees | $395M+7.9% | $366M-18.1% | $447M+19.2% | $375M+7.4% | |
| Mortgage Banking | $452M+4.6% | $432M-1.1% | $437M-5.0% | $460M-37.3% | |
| Service Other | $723M+19.9% | $603M-3.5% | $625M+87.7% | $333M-39.6% | |
| Securities gains (losses) | -$19M+99.7% | -$6.65B— | $0+100% | -$71M— | |
| Fiduciary And Trust | $1.43B+1.3% | $1.41B+4.0% | $1.36B+1.5% | $1.34B-3.9% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Truist Financial break its business down?
- Truist Financial (TFC) reports income (loss) from continuing operations, net of tax, attributable to parent by business across 3 parts — CSBB, OT&C and WB. Each is extracted from the segment footnotes and tracked over time.
- Where does Truist Financial's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Truist Financial's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
