UPDATE: Truist Financial Corp. (TFC) Tops Q4 EPS by 10c

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Go back to UPDATE: Truist Financial Corp. (TFC) Tops Q4 EPS by 10c

Truist Reports Fourth Quarter 2019 Results

January 30, 2020 5:45 AM EST

Earnings of $702 million, or $0.75 per diluted share

CHARLOTTE, N.C., Jan. 30, 2020 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today reported earnings for the fourth quarter of 2019. Reported results for Truist reflect heritage BB&T prior to the completion of the merger and results from both BB&T and SunTrust from the merger closing date forward. The merger of equals resulting in the formation of Truist was completed on December 6, 2019.

Net income available to common shareholders was $702 million, down 6.9 percent, compared with the fourth quarter... More