Pretax income is the income that a company earns before paying income taxes. Truist Financial's pretax income for the
three
months ended in Dec. 2023 was $-5,154 Mil.
Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $-729 Mil.
Truist Financial's pretax margin was -90.45%.
During the past 13 years, Truist Financial's highest Pretax Margin was 35.85%. The lowest was -3.30%. And the median was 32.21%.
Truist Financial Pre-Tax Income Historical Data
The historical data trend for Truist Financial's Pre-Tax Income can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Truist Financial's Pre-Tax Income
For the Banks - Regional subindustry, Truist Financial's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Truist Financial's Pre-Tax Income Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Truist Financial's Pre-Tax Income distribution charts can be found below:
* The bar in red indicates where Truist Financial's Pre-Tax Income falls into.
Truist Financial Pre-Tax Income Calculation
This is the income that a company earns before paying income taxes.
Truist Financial's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as
Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-729 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Truist Financial (NYSE:TFC) Pre-Tax Income Explanation
Truist Financial's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as
During the past 13 years, Truist Financial's highest Pretax Margin was 35.85%. The lowest was -3.30%. And the median was 32.21%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Truist Financial Pre-Tax Income Related Terms
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Truist Financial (Truist Financial) Business Description
Based in Charlotte, North Carolina, Truist is the combination of BB&T and SunTrust. Truist is a regional bank with a presence primarily in the Southeastern United States. In addition to commercial banking, retail banking, and investment banking operations, the company operates several nonbank segments, the primary one being its insurance brokerage business.
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