Truist Financial Corp. (TFC) Tops Q4 EPS by 13c
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Truist reports fourth quarter and full year 2021 results
January 18, 2022 5:45 AM ESTCHARLOTTE, N.C., Jan. 18, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today reported earnings for the fourth quarter and full year of 2021.
Net income available to common shareholders was $1.5 billion, up 24%, compared to the fourth quarter last year. Earnings per diluted common share were $1.13, an increase of 26% compared with the same period last year. Results for the fourth quarter produced an annualized return on average assets (ROA) of 1.19%, an annualized return on average common shareholders' equity (ROCE) of 9.8%, and an annualized return on tangible common shareholders' equity (ROTCE) of... More
