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Truist Financial TFC WB — Amortization of intangibles

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$34M-12.8%
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Other financials

Income statement

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Revenue$5.2B+5.2%
Net income$1.5B+17.4%
EPS (diluted)$1.09+25.3%

Balance sheet

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Total debt$70.3B
Total equity$64.2B
Total assets$548.98B

Cash flow

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Operating cash flow$679.0M-9.0%
CapEx$141.0M+10.2%
Free cash flow$2.6B-43.8%

Valuation

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Market cap$63.13B+19.7%
P/E11.4×+0.7×
P/S3.1×-0.9×

Profitability

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Net margin26.9%-9.8pp
FCF margin52.7%+17.6pp

Returns & leverage

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Return on equity8.2%
Debt / equity1.1×

Where this comes from

Reported directly by Truist Financial in its filing.

Tagged under the XBRL concept us-gaap:AmortizationOfIntangibleAssets.

The official record: Truist Financial’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Truist Financial's WB — amortization of intangibles?
Truist Financial (TFC) reported WB — amortization of intangibles of $30M in Q1 2026.
How has Truist Financial's WB — amortization of intangibles changed year-over-year?
Truist Financial's WB — amortization of intangibles decreased by 16.7% year-over-year, from $36M to $30M.
What is the long-term trend for Truist Financial's WB — amortization of intangibles?
Over 3 years (2022 to 2025), Truist Financial's WB — amortization of intangibles has grown at a -12.1% compound annual growth rate (CAGR), from $203M to $138M.
What does WB — amortization of intangibles mean?
This represents the periodic non-cash expense related to the allocation of the cost of intangible assets, such as customer relationships or acquired brand value, specifically attributed to the Wholesale Banking segment. It is typically a result of historical mergers and acquisitions.