Dollar Amounts
USD (Millions)
Balance sheet data in USD (millions)
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Over 2021–2024 Truist’s balance sheet shows a modest peak in 2022 followed by gradual contraction. Total assets rose from $541.2B in 2021 to $555.3B in 2022 (+2.6%) and then fell to $531.2B by 2024 (down ~4.4% from the 2022 peak). Liabilities followed a similar pattern: they increased from $472.0B in 2021 to $494.7B in 2022 (+4.8%) and then declined to $467.5B in 2024 (about a 5.5% drop from the 2022 high). Stockholders’ equity declined sharply in 2022 (from $69.3B to $60.5B, –12.6%), edged down further in 2023 to $59.3B, and then recovered to $63.7B in 2024 (a +7.5% rebound from 2023). As a result, the equity-to-assets ratio fell from ~12.8% in 2021 to ~10.9% in 2022 (indicating higher leverage/pressure on capital) and then improved to ~12.0% by 2024 as liabilities contracted and equity recovered. For a bank like Truist, these moves are consistent with a 2022 period of balance-sheet expansion and capital strain (possible drivers: deposit and funding dynamics, securities mark-to-market effects, earnings/credit items, or capital distributions), followed by liability management and earnings-retention or capital actions that partially restored equity in 2024. Note that the 2025 row contains zeros and appears to be missing data, so trends beyond 2024 cannot be assessed from the provided dataset.
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.