earnings
confidence high
sentiment positive
materiality 0.75
Truist Q4 net income $1.2B, EPS $0.91; CET1 ratio 11.5%; $500M share repurchases
TRUIST FINANCIAL CORP
2024-FY EPS reported
$3.36
- Net income available to common shareholders of $1.2B, diluted EPS $0.91 (adjusted $0.91).
- Average deposits up $5.7B; total deposit costs down 19 bps to 1.89%.
- CET1 ratio 11.5%; repurchased $500M common shares; dividend payout ratio 57%.
- Full-year 2024 adjusted EPS $3.69; net interest margin 3.07% for Q4.
- Net charge-off ratio 0.59%; ALLL ratio 1.59%.