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Review the full annual statement in one scroll, from headline results to detailed SEC line items, margin conversion, and growth diagnostics.
TRUIST FINANCIAL CORPORATION’s top-line, gross profit, pretax income, and bottom-line conversion. Values are shown in USD millions.
CAGR 15.5% (FY2021 to FY2025)
Latest annual filing: FY2025
CAGR -5.6% (FY2021 to FY2025)
CAGR -4.7% (FY2021 to FY2025)
Change vs FY2021: +6054 bps
Change vs FY2021: -3216 bps
Change vs FY2021: -2511 bps
Profitability profile tracked across FY2021 through FY2025.
Side-by-side read of gross, operating, and net margin.
Read the shape of profitability with either a discrete bar view or a cleaner line trajectory.
FY2025 versus FY2024
FY2025 versus FY2024
FY2025 versus FY2024
FY2025 versus FY2024
Negative values are highlighted to make slowdowns obvious.
The most direct way to see whether the business is accelerating or rolling over.
Compounded annual growth across FY2021 to FY2025.
Compounded annual growth across FY2021 to FY2025.
Compounded annual growth across FY2021 to FY2025.
Compounded annual growth across FY2021 to FY2025.
Over the five-year period, Truist Financial Corporation’s revenue shows a generally upward trend with notable volatility. In 2021, revenue stood at USD 13,774 million, growing to USD 16,634 million in 2022—a roughly 20.8% increase that likely reflects an expanding customer base or increased market activity in the banking sector. Revenue then jumped to USD 24,452 million in 2023, marking a substantial lift of nearly 47% from 2022 before stabilizing around USD 25,066 million in 2024 and slightly declining to USD 24,542 million in 2025. Such sizable year-over-year shifts may be driven by evolving market conditions, regulatory adjustments, or changes in interest rate environments that typically influence financial institutions. The pattern in gross profit, operating (pretax) income, and net income, however, is more erratic. Gross profit moved from a negative USD 1,342 million in 2021 to a positive USD 4,467 million in 2022, then experienced mixed changes, culminating at USD 12,466 million in 2025. Notably, operating income—acting as pretax income—was very high in 2021 (USD 7,993 million) and 2022 (USD 7,029 million), dipped sharply into negative territory in 2023 (USD -765 million) and 2024 (USD -601 million), before recovering to USD 6,349 million in 2025. Similarly, net income reflected this volatility, with a turnaround from positive to negative in 2023 and subsequent recovery. These significant swings, particularly the over 20% changes in key metrics, indicate potential operational challenges or market disruptions. Overall, while revenue growth is strong, the fluctuations in profitability metrics suggest that Truist’s financial health has been subject to periods of operational instability. The rebound in 2025, however, points toward possible improvements in management strategies and internal controls, supporting a cautiously optimistic outlook on sustainability in a competitive banking environment.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.