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

Truist Financial (TFC) reported cb-retail — net income (loss) of $834.00M in Q3 2023.

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

Truist Financial's cb-retail — net income (loss) decreased by 15.4% year-over-year, from $986.00M to $834.00M.

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

The final net profit or loss attributable to the consumer banking and wealth division after all taxes and expenses.

Discontinued — last reported Q3 '23

CB-Retail — Net income (loss)

Truist Financial CB-Retail — Net income (loss) decreased by 10.4% to $834.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 15.4%, from $986.00M to $834.00M. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment

CategoryProfitability

SignalHigher is better

VolatilityVolatile

First reportedQ1 2017

Last reportedQ3 2023

Rolls up toNet Income

How to read this metric

An increase reflects strong overall segment performance and effective tax management, while a decrease indicates potential margin compression or significant non-operating charges.

Detailed definition

This metric represents the final bottom-line profitability of the Consumer Banking and Wealth segment after all expenses...

Peer comparison

Comparable to segment net income or segment profit after tax reported by peer banking segments.

Metric ID: tfc_segment_cb_w_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	$862.00M	$872.00M	$698.00M	$864.00M	$773.00M	$986.00M	$1.16B	$1.04B	$931.00M	$834.00M
QoQ Change	—	+1.2%	-20.0%	+23.8%	-10.5%	+27.6%	+17.8%	-10.2%	-10.8%	-10.4%
YoY Change	—	—	—	—	-10.3%	+13.1%	+66.5%	+20.8%	+20.4%	-15.4%

Range$698.00M – $1.16B

CAGR-1.5%

Avg YoY Growth+15.8%

Median YoY Growth+16.8%

Current Streak3 quarters decline

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Frequently Asked Questions

What is Truist Financial's cb-retail — net income (loss)?: Truist Financial (TFC) reported cb-retail — net income (loss) of $834.00M in Q3 2023.
How has Truist Financial's cb-retail — net income (loss) changed year-over-year?: Truist Financial's cb-retail — net income (loss) decreased by 15.4% year-over-year, from $986.00M to $834.00M.
What does cb-retail — net income (loss) mean?: The final net profit or loss attributable to the consumer banking and wealth division after all taxes and expenses.