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Truist Financial Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023

Written by Amanda

October 19, 2023 at 06:05 am EDT

Truist Financial Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was USD 3,564 million compared to USD 3,745 million a year ago. Net income was USD 1,177 million compared to USD 1,633 million a year ago. Basic earnings per share from continuing operations was USD 0.8 compared to USD 1.16 a year ago. Diluted earnings per share from continuing operations was USD 0.8 compared to USD 1.15 a year ago.
For the nine months, net interest income was USD 11,057 million compared to USD 10,335 million a year ago. Net income was USD 3,999 million compared to USD 4,579 million a year ago. Basic earnings per share from continuing operations was USD 2.79 compared to USD 3.25 a year ago. Diluted earnings per share from continuing operations was USD 2.77 compared to USD 3.22 a year ago.

© S&P Capital IQ – 2023

Source: marketscreener.com

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Amanda

Hi there, I am Amanda and I work as an editor at impactinvesting.ai;  if you are interested in my services, please reach me at amanda.impactinvesting.ai