What is Truist Financial's cb-commercial — net income (loss)?

Truist Financial (TFC) reported cb-commercial — net income (loss) of $892.00M in Q3 2023.

How has Truist Financial's cb-commercial — net income (loss) changed year-over-year?

Truist Financial's cb-commercial — net income (loss) decreased by 23.4% year-over-year, from $1.16B to $892.00M.

What does cb-commercial — net income (loss) mean?

The final net profit or loss generated by the corporate banking segment after all expenses and taxes.

Discontinued — last reported Q3 '23

CB-Commercial — Net income (loss)

Truist Financial CB-Commercial — Net income (loss) increased by 1.4% to $892.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 23.4%, from $1.16B to $892.00M. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment

CategoryProfitability

SignalHigher is better

VolatilityVolatile

First reportedQ1 2017

Last reportedQ3 2023

Rolls up toNet Income

How to read this metric

An increase signifies strong overall segment performance and effective capital utilization, while a decrease may indicate rising credit losses, tax burdens, or operational challenges.

Detailed definition

Represents the final bottom-line profitability of the Corporate and Commercial Banking segment after accounting for all...

Peer comparison

Standard segment net income measure used across the banking industry to assess divisional performance.

Metric ID: tfc_segment_c_cb_net_income_loss

Historical Data

10 periods

	Q2 '21	Q3 '21	Q4 '21	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q1 '23	Q2 '23	Q3 '23
Value	$1.23B	$1.08B	$1.05B	$985.00M	$954.00M	$1.16B	$1.29B	$1.03B	$880.00M	$892.00M
QoQ Change	—	-12.4%	-2.2%	-6.3%	-3.1%	+22.0%	+11.0%	-20.0%	-14.9%	+1.4%
YoY Change	—	—	—	—	-22.2%	+8.3%	+22.9%	+5.0%	-7.8%	-23.4%

Range$880.00M – $1.29B

CAGR-13.2%

Avg YoY Growth-2.9%

Median YoY Growth-1.4%

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Frequently Asked Questions

What is Truist Financial's cb-commercial — net income (loss)?: Truist Financial (TFC) reported cb-commercial — net income (loss) of $892.00M in Q3 2023.
How has Truist Financial's cb-commercial — net income (loss) changed year-over-year?: Truist Financial's cb-commercial — net income (loss) decreased by 23.4% year-over-year, from $1.16B to $892.00M.
What does cb-commercial — net income (loss) mean?: The final net profit or loss generated by the corporate banking segment after all expenses and taxes.