NYSE$TFC
Truist Financial Corp · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
Reported earnings with net income available to common shareholders up 74.9 percent compared to the fourth quarter last year.
Truist Financial Corporation reported strong Q4 2020 results with a record adjusted net income of $1.6 billion, or $1.18 per share. The performance was driven by a significant decline in the provision for credit losses and strong results from noninterest-income generating businesses. The adjusted efficiency ratio improved to 55.9 percent and the adjusted return on tangible common equity was very strong at 19.03 percent.
- Earnings per diluted common share were $0.90
- Adjusted diluted earnings per share were $1.18, up $0.21 per share compared to third quarter 2020
- ROA was 1.05 percent; adjusted ROA was 1.35 percent
- ROTCE was 14.99 percent; adjusted ROTCE was 19.03 percent
Headline financials
Revenue & EPS history
Truist · Revenue · Quarterly
$5.65B
Forward guidance
Truist's Board of Directors authorized the repurchase of up to $2 billion of the company’s common stock beginning in the first quarter of 2021, as well as certain other actions to optimize Truist’s capital position. Management’s intention is to maintain an approximate 10 percent Common Equity Tier 1 ratio after considering strategic actions such as non-bank acquisitions or stock repurchases, as well as changes in risk-weighted assets.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2020
+0.3%
Avg return
Earnings day
-0.0%
Avg return
5 days after
+0.9%
Avg return
30 days after
51%
37 / 72 earnings
Positive
+9.8%
Q2 2009
Best reaction
-9.5%
Q1 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | +0.4% | +3.1% | -5.0% | |
| Q1 2026 | +1.7% | +3.1% | -5.0% | |
| Q3 2025 | +3.8% | +6.1% | +9.2% | |
| Q2 2025 | +0.3% | -1.4% | +0.9% | |
| Q1 2025 | -0.3% | +0.9% | +15.0% | |
| Q3 2024 | -1.9% | -2.6% | +4.5% | |
| Q2 2024 | +4.1% | +4.7% | -0.8% | |
| Q1 2024 | +3.2% | +8.9% | +12.1% | |
| Q4 2023 | +4.7% | +2.9% | +0.9% | |
| Q3 2023 | -5.5% | -4.1% | +11.2% | |
| Q2 2023 | -7.1% | -8.5% | -19.1% | |
| Q1 2023 | -9.5% | -12.5% | -14.6% | |
| Q4 2022 | +4.8% | +5.7% | +6.0% | |
| Q3 2022 | -4.5% | -6.6% | +1.6% | |
| Q2 2022 | +2.0% | +2.2% | +9.2% | |
| Q1 2022 | -0.2% | -3.4% | -12.4% | |
| Q4 2021 | -4.2% | -8.8% | -7.2% | |
| Q3 2021 | +1.8% | +5.3% | +3.4% | |
| Q2 2021 | -0.1% | -0.7% | +5.4% | |
| Q1 2021 | -3.1% | -6.6% | +3.3% | |
| Q4 2020 | -0.9% | -2.7% | +11.5% | |
| Q3 2020 | -1.4% | -0.3% | +11.7% | |
| Q2 2020 | -1.7% | +0.9% | +7.0% | |
| Q1 2020 | +1.9% | +6.2% | +1.1% | |
| Q4 2019 | -4.3% | -1.3% | -14.3% | |
| Q3 2019 | +1.8% | +1.2% | +3.1% | |
| Q2 2019 | -3.4% | -7.8% | -7.3% | |
| Q1 2019 | +3.2% | +4.0% | +10.0% | |
| Q4 2018 | -0.4% | +1.1% | -9.7% | |
| Q3 2018 | +1.6% | +4.6% | +7.1% | |
| Q2 2018 | +0.7% | +0.1% | +1.3% | |
| Q1 2018 | -2.1% | +1.6% | +1.5% | |
| Q4 2017 | -0.5% | +2.2% | -7.2% | |
| Q3 2017 | +1.0% | +1.9% | -4.7% | |
| Q2 2017 | +0.9% | +2.2% | -1.6% | |
| Q1 2017 | -1.1% | -2.8% | -4.5% | |
| Q4 2016 | +0.4% | +0.3% | -7.6% | |
| Q3 2016 | +0.2% | +0.9% | +15.0% | |
| Q2 2016 | +0.3% | -0.9% | +2.7% | |
| Q1 2016 | -0.1% | — | — | |
| Q4 2015 | +4.1% | — | — | |
| Q3 2015 | +0.1% | — | — | |
| Q2 2015 | -0.8% | — | — | |
| Q1 2015 | -1.3% | — | — | |
| Q4 2014 | +0.5% | — | — | |
| Q3 2014 | +1.6% | — | — | |
| Q2 2014 | -1.3% | — | — | |
| Q1 2014 | +1.5% | — | — | |
| Q4 2013 | -0.1% | — | — | |
| Q3 2013 | -1.6% | — | — | |
| Q2 2013 | -0.1% | — | — | |
| Q4 2012 | +1.9% | — | — | |
| Q1 2013 | -1.6% | — | — | |
| Q4 2011 | +2.5% | — | — | |
| Q3 2012 | -1.3% | — | — | |
| Q2 2012 | +0.2% | — | — | |
| Q1 2012 | -0.2% | — | — | |
| Q3 2011 | -4.7% | — | — | |
| Q2 2011 | -4.6% | — | — | |
| Q1 2011 | -0.3% | — | — | |
| Q4 2009 | -0.3% | — | — | |
| Q4 2010 | -0.3% | — | — | |
| Q3 2010 | +0.4% | — | — | |
| Q2 2010 | +2.3% | — | — | |
| Q1 2009 | +5.6% | — | — | |
| Q1 2010 | +1.6% | — | — | |
| Q4 2007 | -1.5% | — | — | |
| Q3 2009 | +2.5% | — | — | |
| Q3 2008 | +2.5% | — | — | |
| Q2 2008 | +9.8% | — | — | |
| Q4 2008 | +9.8% | — | — | |
| Q2 2009 | +9.8% | — | — |
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