Financial services company Truist Financial Corp (NYSE: TFC) announced operating results for the second quarter of 2024.
- Net income available to common shareholders was $826 million or $0.62 per share in Q2, compared to $1.23 billion or $0.92 per share in the year-ago quarter
- Second-quarter adjusted earnings edged down to $0.91 per share from $0.92 per share in the same period last year
- Total revenues decreased year-over-year due primarily to securities losses; adjusted revenues were up 3% year-over-year due to higher net interest income
- Net interest income decreased 2% from last year to $3.58 billion during the three months
- Noninterest expense rose modestly to $3.09 billion in Q2 from $3.05 billion a year earlier
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
GIS Earnings: All you need to know about General Mills’ Q2 2025 earnings results
General Mills, Inc. (NYSE: GIS) reported its second quarter 2025 earnings results today. Net sales increased 2% year-over-year to $5.2 billion. Organic sales were up 1%. Net earnings attributable to
Earnings Preview: Accenture (ACN) likely had a strong start to fiscal 2025
For Accenture plc. (NYSE: ACN), 2024 was a fruitful year marked by positive financial performance. The professional service firm effectively navigated a challenging market environment leveraging its agile business model
Signet Jewelers (SIG): Fashion remains a strong point for the jewelery retailer
Shares of Signet Jewelers Limited (NYSE: SIG) were down over 3% on Tuesday. The stock has dropped 12% over the past three months. The company faced challenges in the third
