22.04.2024 12:09:38 - dpa-AFX: Truist Financial Corporation Q1 Income Falls
WASHINGTON (dpa-AFX) - Truist Financial Corporation (TFC) reported a profit
for first quarter that decreased from last year
The company's bottom line came in at $1.09 billion, or $0.81 per share. This
compares with $1.41 billion, or $1.05 per share, in last year's first quarter.
Excluding items, Truist Financial Corporation reported adjusted earnings of
$1.22 billion or $0.90 per share for the period.
The company's revenue for the quarter fell 8.8% to $4.87 billion from $5.34
billion last year.
Truist Financial Corporation earnings at a glance (GAAP) :
-Earnings (Q1): $1.09 Bln. vs. $1.41 Bln. last year.
-EPS (Q1): $0.81 vs. $1.05 last year.
-Revenue (Q1): $4.87 Bln vs. $5.34 Bln last year.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX