Truist Financial Corp. (TFC) Tops Q1 EPS by 7c, Revenues Beat

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Go back to Truist Financial Corp. (TFC) Tops Q1 EPS by 7c, Revenues Beat

Truist Reports First Quarter 2021 Results

April 15, 2021 5:45 AM EDT

CHARLOTTE, N.C., April 15, 2021 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today reported earnings for the first quarter of 2021.

Net income available to common shareholders was $1.3 billion, up 35.3 percent, compared to the first quarter last year. Earnings per diluted common share were $0.98, an increase of 34.2 percent compared with the same period last year. Results for the first quarter produced an annualized return on average assets (ROA) of 1.17 percent, an annualized return on average common shareholders' equity (ROCE) of 8.69 percent and an annualized return on tangible common shareholders' equity (ROTCE) of 16.40... More