Truist Historical Balance Sheet

TFC Stock  USD 38.24  0.65  1.67%   
Trend analysis of Truist Financial Corp balance sheet accounts such as Total Current Liabilities of 143.5 B, Total Stockholder Equity of 62.1 B, Property Plant And Equipment Net of 6.4 B or Net Debt of 17.5 B provides information on Truist Financial's total assets, liabilities, and equity, which is the actual value of Truist Financial Corp to its prevalent stockholders. By breaking down trends over time using Truist Financial balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Truist Financial Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Truist Financial Corp is a good buy for the upcoming year.

Truist Financial Inventory

(8.29 Billion)

  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Truist Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

About Truist Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Truist Financial Corp at a specified time, usually calculated after every quarter, six months, or one year. Truist Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Truist Financial and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Truist currently owns. An asset can also be divided into two categories, current and non-current.

Truist Financial Balance Sheet Chart

Truist Financial Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Truist Financial Corp uses and utilizes its capital. It also shows what exactly a company owns and owes.
At present, Truist Financial's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 68.4 B, whereas Net Debt is forecasted to decline to about 17.5 B.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of Truist Financial assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Truist Financial Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Truist Financial balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Truist Financial Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from Truist Financial's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Truist Financial Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Truist Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
At present, Truist Financial's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 68.4 B, whereas Net Debt is forecasted to decline to about 17.5 B.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total41.2B66.6B65.2B68.4B
Total Assets541.2B555.3B539.0B565.9B

Truist Financial balance sheet Correlations

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Click cells to compare fundamentals

Truist Financial Account Relationship Matchups

Truist Financial balance sheet Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding815.2M1.4B1.3B1.3B1.3B1.4B
Total Assets473.1B509.2B541.2B555.3B539.0B565.9B
Short Long Term Debt Total59.6B45.7B41.2B66.6B65.2B68.4B
Other Current Liab(18.2B)(6.1B)(5.3B)13.6B111.7B117.3B
Total Current Liabilities18.2B6.1B5.3B23.4B136.7B143.5B
Total Stockholder Equity66.4B70.8B69.3B60.5B59.1B62.1B
Property Plant And Equipment Net3.7B3.9B3.7B3.6B6.1B6.4B
Net Debt40.5B26.8B20.9B45.2B34.5B17.5B
Retained Earnings19.8B19.5B23.0B26.3B22.1B23.2B
Cash19.1B18.9B20.3B21.4B30.6B32.2B
Non Current Assets Total114.1B158.0B194.9B34.3B488.9B513.3B
Non Currrent Assets Other844M(716M)1.6B(124.6B)419.7B440.7B
Other Assets259.1B206.3B162.6B499.5B574.5B603.2B
Cash And Short Term Investments93.8B139.7B173.4B93.2B(5.1B)(4.8B)
Liabilities And Stockholders Equity473.1B509.2B541.2B555.3B539.0B565.9B
Non Current Liabilities Total41.3B39.6B35.9B471.3B343.0B360.2B
Other Stockholder Equity35.6B35.8B34.6B34.5B36.2B38.0B
Total Liab406.5B438.3B472.0B494.7B479.7B503.7B
Total Current Assets99.9B144.9B183.8B21.4B50.1B79.2B
Short Term Debt18.2B6.1B5.3B23.4B25.0B26.2B
Accumulated Other Comprehensive Income(844M)716M(1.6B)(13.6B)(12.5B)(11.9B)
Common Stock Total Equity3.8B6.7B6.7B6.6B7.6B3.9B
Property Plant And Equipment Gross10.5B7.0B3.7B9.4B8.8B9.2B
Common Stock6.7B6.7B6.6B6.6B6.7B4.2B
Good Will24.2B24.4B26.1B27.0B20.9B12.0B
Short Term Investments74.7B120.8B153.1B71.8B3.6B3.4B
Other Current Assets31.8B34.2B39.9B(71.8B)50.1B62.1B
Intangible Assets5.8B5.0B6.0B7.4B6.5B6.9B
Accounts Payable334.7B381.1B416.5B413.5B475.5B499.3B
Net Receivables6.1B5.2B10.3B11.8B13.0B13.6B
Inventory(31.8B)(34.2B)(39.9B)(11.8B)(7.9B)(8.3B)
Net Tangible Assets34.0B35.3B33.1B23.2B26.6B22.9B
Noncontrolling Interest In Consolidated Entity47M56M174M105M120.8M81.2M
Long Term Debt41.3B39.6B35.9B43.2B38.9B32.6B
Retained Earnings Total Equity18.1B19.8B19.5B23.0B26.4B17.4B
Long Term Debt Total41.3B39.6B35.9B43.2B49.7B31.7B
Capital Surpluse35.6B35.8B34.6B34.5B39.7B41.7B
Long Term Investments298.3B300.0B159.0B134.4B124.6B189.8B
Non Current Liabilities Other5.4B12.2B11.6B14.3B16.4B9.1B

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When determining whether Truist Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Truist Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Truist Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Truist Financial Corp Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Truist Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Truist Financial Corp information on this page should be used as a complementary analysis to other Truist Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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Is Truist Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Truist Financial. If investors know Truist will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Truist Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.24)
Dividend Share
2.08
Earnings Share
(1.31)
Revenue Per Share
15.607
Quarterly Revenue Growth
(0.1)
The market value of Truist Financial Corp is measured differently than its book value, which is the value of Truist that is recorded on the company's balance sheet. Investors also form their own opinion of Truist Financial's value that differs from its market value or its book value, called intrinsic value, which is Truist Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Truist Financial's market value can be influenced by many factors that don't directly affect Truist Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Truist Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Truist Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Truist Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.