Truist Reports Second Quarter 2020 Results
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Truist Financial Corp. (TFC) Tops Q2 EPS by 14c, Revenues Beat
July 16, 2020 5:49 AM EDTTruist Financial Corp. (NYSE: TFC) reported Q2 EPS of $0.82, $0.14 better than the analyst estimate of $0.68. Revenue for the quarter came in at $5.9 billion versus the consensus estimate of $5.52 billion.
Second Quarter 2020 Performance Highlights
Earnings per diluted common share were $0.67
Adjusted diluted earnings per share were $0.82ROA was 0.75 percent; adjusted ROA was 0.91 percentROCE was 5.90 percent; adjusted ROCE was 7.26 percentROTCE was 11.83 percent; adjusted ROTCE was 14.17 percent"I am pleased with our overall performance and Truist's actions to support all our stakeholders in this... More
