Truist Financial Corp operates in the National commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Truist Financial Corp with three other
companies in this sector in UNITED STATES :
Regions Financial Corp
sales of $6.76 billion
of which 52%
was consumer bank),
PNC Financial Services Group Incorporated
of which 38%
was Retail Banking), and
of which 43%
was Consumer bank).
Truist Financial Corp reported sales of $14.66 billion
December of 2019.
increase of 12.8%
versus 2018, when the company's sales were $13.00 billion.
Sales at Truist Financial Corp have increased during each of the previous five years
(and since 2014, sales have increased a total of 43%).
Sales of Corporate and Commercial Banking saw an increase
that was more than double the company's growth rate: sales were up
57.7% in 2019, from
$2.00 billion to $3.15 billion.
Truist Financial Corp also saw significant increases in sales in
Insurance Holdings and Premium Finance (up 22.7% to $146.00 million)
Not all segments of Truist Financial Corp experienced an increase in sales in 2019:
sales of Other, Treasury and Corporate fell 9.9% to $381.00 million.
(However, this segment's sales were only a very small portion of the company's overall sales).