TTM
$19.17B
YoY change
+66.0%
5Y CAGR
-1.4%
Peak year (2021)
$23.11B
Cumulative gross profit
$272.33B
Gross Profit history chart for Truist Financial (TFC) from 1985 to 2025
Latest: $18.94B
Gross Profit growth chart for Truist Financial (TFC) from 1985 to 2025
Latest: +66.0%
Gross Profit history table for Truist Financial (TFC) from 1985 to 2025
| 2025 | $18.94B | +66.0% | +$7.53B | ||
| 2024 | $11.41B | -36.3% | −$6.50B | ||
| 2023 | $17.91B | -6.7% | −$1.28B | ||
| 2022 | $19.20B | -16.9% | −$3.91B | ||
| 2021 | $23.11B | +13.4% | +$2.74B | ||
| 2020 | $20.37B | +70.4% | +$8.42B | ||
| 2019 | $11.95B | +8.7% | +$961.00M | ||
| 2018 | $10.99B | +2.1% | +$222.00M | ||
| 2017 | $10.77B | +5.4% | +$549.00M | ||
| 2016 | $10.22B | +8.0% | +$759.00M | ||
| 2015 | $9.46B | +1.5% | +$140.00M | ||
| 2014 | $9.32B | 0.0% | $0.00 | ||
| 2013 | $9.32B | +4.3% | +$384.00M | ||
| 2012 | $8.94B | +15.8% | +$1.22B | ||
| 2011 | $7.72B | +14.3% | +$964.00M | ||
| 2010 | $6.75B | +14.0% | +$829.00M | ||
| 2009 | $5.93B | +0.3% | +$16.00M | ||
| 2008 | $5.91B | -4.5% | −$277.00M | ||
| 2007 | $6.19B | +3.8% | +$229.00M | ||
| 2006 | $5.96B | +5.8% | +$329.00M | ||
| 2005 | $5.63B | +7.9% | +$411.00M | ||
| 2004 | $5.22B | +10.5% | +$494.86M | ||
| 2003 | $4.72B | +13.1% | +$546.90M | ||
| 2002 | $4.18B | +16.4% | +$587.38M | ||
| 2001 | $3.59B | +19.1% | +$574.76M | ||
| 2000 | $3.01B | -0.4% | −$11.48M | ||
| 1999 | $3.03B | +29.6% | +$690.17M | ||
| 1998 | $2.34B | +36.4% | +$622.70M | ||
| 1997 | $1.71B | +27.9% | +$373.50M | ||
| 1996 | $1.34B | +15.3% | +$178.10M | ||
| 1995 | $1.16B | +191.4% | +$762.60M | ||
| 1994 | $398.50M | +39.6% | +$113.10M | ||
| 1993 | $285.40M | +28.5% | +$63.30M | ||
| 1992 | $222.10M | +29.2% | +$50.20M | ||
| 1991 | $171.90M | +18.7% | +$27.10M | ||
| 1990 | $144.80M | +4.8% | +$6.60M | ||
| 1989 | $138.20M | — | +$138.20M | ||
| 1988 | $0.00 | — | $0.00 | ||
| 1987 | $0.00 | — | $0.00 | ||
| 1986 | $0.00 | — | $0.00 | ||
| 1985 | $0.00 | — | — |
- 2025$18.94B+66.0%
- 2024$11.41B-36.3%
- 2023$17.91B-6.7%
- 2022$19.20B-16.9%
- 2021$23.11B+13.4%
- 2020$20.37B+70.4%
- 2019$11.95B+8.7%
- 2018$10.99B+2.1%
- 2017$10.77B+5.4%
- 2016$10.22B+8.0%
- 2015$9.46B+1.5%
- 2014$9.32B0.0%
- 2013$9.32B+4.3%
- 2012$8.94B+15.8%
- 2011$7.72B+14.3%
- 2010$6.75B+14.0%
- 2009$5.93B+0.3%
- 2008$5.91B-4.5%
- 2007$6.19B+3.8%
- 2006$5.96B+5.8%
- 2005$5.63B+7.9%
- 2004$5.22B+10.5%
- 2003$4.72B+13.1%
- 2002$4.18B+16.4%
- 2001$3.59B+19.1%
- 2000$3.01B-0.4%
- 1999$3.03B+29.6%
- 1998$2.34B+36.4%
- 1997$1.71B+27.9%
- 1996$1.34B+15.3%
- 1995$1.16B+191.4%
- 1994$398.50M+39.6%
- 1993$285.40M+28.5%
- 1992$222.10M+29.2%
- 1991$171.90M+18.7%
- 1990$144.80M+4.8%
- 1989$138.20M—
- 1988$0.00—
- 1987$0.00—
- 1986$0.00—
- 1985$0.00—
Gross Profit values are taken from Truist Financial's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Profit at Truist Financial (TFC)
According to Truist Financial's latest reported financial statements, the company's current gross profit (TTM) is $19.17B. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
2025's annual gross profit for Truist Financial (TFC) came in at $18.94B – surged 66.0% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Truist Financial gross profit compounded at -1.4% per year, with a net decline across the window.
Truist Financial gross profit declined from $23.11B in 2021 to $18.94B in 2025, a 18.1% drawdown.
The highest annual gross profit of $23.11B was reported in 2021. The lowest in the available history was $0.00 in 1985.
Truist Financial Gross Profit by Year
Truist Financial Gross Profit 2025: $18.94B
Truist Financial posted gross profit of $18.94B in 2025, surged 66.0% from 2024.
Truist Financial Gross Profit 2024: $11.41B
In 2024, Truist Financial reported gross profit of $11.41B, plunged 36.3% below 2023.
Truist Financial Gross Profit 2023: $17.91B
Truist Financial gross profit in 2023 was $17.91B, declined 6.7% below 2022.
Truist Financial Gross Profit 2022: $19.20B
2022's gross profit for Truist Financial came in at $19.20B, declined 16.9% below 2021.
Truist Financial Gross Profit 2021: $23.11B
Truist Financial gross profit in 2021 was $23.11B.
See more financial history for Truist Financial (TFC).
Sector peers by Gross Profit
Financial Services peers of Truist Financial (TFC), ranked by their latest gross profit
| $167.61B | |
| $107.42B | |
| $87.78B | |
| $80.04B | |
| $65.62B | |
| $59.40B | |
| $32.15B | |
| $27.36B |
- $167.61B
- $107.42B
- $87.78B
- $80.04B
- $65.62B
- $59.40B
- $32.15B
- $27.36B
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