← TRUIST FINANCIAL CORP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — $6.3b ($1.0b) $4.8b $5.3b
Net Income (Loss) Available to Common Stockholders, Basic $2.3b $2.2b $3.1b $3.0b $4.2b $6.0b $5.9b ($1.5b) $4.5b $5.0b
Cash and Cash Equivalents of Continuing and Discontinued Operations, January 1 — — — — $18.9b $20.3b $21.4b $30.6b $39.8b $36.4b
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent — — — — — — — — ($45.0m) $5.3b
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent — — — — — — — — $4.9b $0
Net Income (Loss) Attributable to Noncontrolling Interest $16.0m $21.0m $20.0m $13.0m $10.0m ($3.0m) $7.0m $44.0m $22.0m $0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $2.4b $2.4b $3.3b $3.2b $4.5b $6.4b $6.3b ($1.0b) $4.8b $5.3b
Amortization Cash Flow — — — — — — $583.0m $527.0m $366.0m $290.0m
Amortization Of Intangibles — — — — — — $583.0m $527.0m $366.0m $290.0m
Amortization of Intangible Assets $150.0m $142.0m $131.0m $164.0m $685.0m $574.0m $583.0m $527.0m $345.0m $290.0m
Amortization of intangibles $150.0m $142.0m $131.0m $164.0m $685.0m $574.0m $583.0m $527.0m $366.0m $290.0m
Capitalized Computer Software, Amortization — — $272.0m $338.0m $862.0m $945.0m $932.0m $929.0m $896.0m $936.0m
Depreciation $405.0m $408.0m $424.0m $466.0m $923.0m $810.0m $783.0m $688.0m $613.0m $547.0m
Depreciation Amortization Depletion — — — — — — $1.4b $1.2b $979.0m $837.0m
Depreciation, Nonproduction $405.0m $408.0m $424.0m $466.0m $923.0m $810.0m $783.0m $688.0m $613.0m $547.0m
Deferred Income Tax Expense (Benefit) $2.0m $292.0m $23.0m $328.0m ($153.0m) $352.0m $357.0m ($438.0m) ($27.0m) ($125.0m)
Asset Impairment Charge — — — — — — $0 $6.1b $0 $0
Goodwill impairment — — — — — $0 $0 $6.1b $0 $0
Goodwill, Impairment Loss $0 $0 — — — — — $6.1b $0 $0
Share-based Payment Arrangement, Noncash Expense $115.0m $132.0m $141.0m $165.0m $353.0m $320.0m $318.0m $320.0m $292.0m $317.0m
Gain (Loss) on Extinguishment of Debt $1.0m ($392.0m) $0 $0 ($235.0m) $4.0m — — — —
Income Tax Expense (Benefit) $1.1b $911.0m $803.0m $782.0m $981.0m $1.6b $1.4b $862.0m ($556.0m) $1.0b
Interest expense $775.0m $819.0m $1.4b $1.9b $1.8b $859.0m $2.0b $9.1b $11.3b $10.1b
Changes in operating assets and liabilities:
Additional Financial Items
Bank Owned Life Insurance Income $123.0m $122.0m — — — — — — — —
Beginning Cash Position — — — — — — $20.3b $21.4b $30.6b $39.8b
Cash Flow From Continuing Financing Activities — — — — — — $20.0b ($22.3b) ($11.6b) $8.6b
Cash Flow From Continuing Investing Activities — — — — — — ($30.0b) $22.9b $18.6b ($17.8b)
Change In Other Current Assets — — — — — — $54.0m ($2.9b) ($1.7b) ($949.0m)
Change In Other Working Capital — — — — — — $2.5b $3.0b ($6.1b) ($1.5b)
Change In Working Capital — — — — — — $5.0b $271.0m ($8.2b) ($2.9b)
Changes In Cash — — — — — — $1.1b $9.2b $9.1b ($3.4b)
Derivative assets and liabilities — — ($85.0m) ($312.0m) ($2.7b) $1.3b $3.8b $409.0m ($587.0m) ($787.0m)
End Cash Position — — — — — — $21.4b $30.6b $39.8b $36.4b
Equipment Expense — — — $280.0m $484.0m $513.0m $478.0m $409.0m $373.0m $351.0m
Financing Cash Flow — — — — — — $20.0b ($22.3b) ($11.6b) $8.6b
Free Cash Flow — — — — — — $11.1b $8.6b $2.2b $5.7b
Gain (Loss) on Investments — ($1.0m) $3.0m ($116.0m) $402.0m $0 ($71.0m) $0 ($6.7b) ($19.0m)
Gain Loss On Investment Securities — — — — — — $71.0m $0 $6.7b $19.0m
Gain Loss On Sale Of Business — — — — — — $0 $0 ($4.8b) $0
Gain on sale of TIH, net of tax — — — — — — $0 $0 ($4.8b) $0
Goodwill $9.6b $9.6b $9.8b $24.2b $24.4b $26.1b $27.0b $20.9b $17.1b $17.1b
Income taxes $844.0m $429.0m $99.0m $443.0m $126.0m $792.0m $479.0m $780.0m $830.0m $192.0m
Increase (Decrease) in Other Operating Assets $568.0m — — — — — — — — —
Investing Cash Flow — — — — — — ($30.0b) $22.9b $18.6b ($17.8b)
Investments in affordable housing projects and other qualified tax credits — — — — — — ($532.0m) ($884.0m) ($1.0b) ($267.0m)
Issuance Of Capital Stock — — — — — $0 $0 — — —
LHFS ($644.0m) $618.0m $188.0m ($1.9b) $718.0m $1.4b $2.5b $213.0m ($381.0m) ($389.0m)
Net Business Purchase And Sale — — — — — — ($4.7b) ($17.0m) $12.2b $0
Net PPE Purchase And Sale — — — — — ($442.0m) ($564.0m) — — —
Net Preferred Stock Issuance — — — — — — $0 $0 ($750.0m) ($1.0b)
Net cash from TIH minority stake sale — — — — — $0 $0 $1.9b $0 $0
Net cash received (paid) for hedge unwinds — — ($126.0m) ($130.0m) $1.1b $0 ($185.0m) ($737.0m) ($207.0m) $0
Net cash received (paid) for securities borrowed or purchased under agreements to resell — — — ($83.0m) ($328.0m) ($2.3b) $847.0m $803.0m ($172.0m) ($650.0m)
Net change in deposits $4.5b ($2.8b) $3.8b $2.9b $48.6b $35.4b ($3.0b) ($17.6b) ($6.9b) $9.9b
Net change in short-term borrowings ($3.6b) $3.5b $240.0m $6.3b ($12.1b) ($800.0m) $18.1b $1.4b $4.4b ($1.3b)
Operating Gains Losses — — — — — — $71.0m — $1.8b $19.0m
Originations of loans and leases, net of principal collected — — — — — — ($32.3b) $7.3b $4.8b ($23.8b)
Other Non Cash Items — — — — — — ($2.4b) $5.0m $819.0m $532.0m
Other assets and other liabilities ($135.0m) ($15.0m) ($19.0m) $67.0m $186.0m $285.0m ($1.4b) $1.1b ($4.6b) ($35.0m)
Other, net $215.0m $15.0m ($229.0m) ($175.0m) ($148.0m) $82.0m ($113.0m) ($12.0m) ($24.0m) ($71.0m)
Parent Company $925.0m $1.0b $1.2b $1.3b $2.4b $2.5b $2.7b $2.8b $2.8b $2.7b
Pension asset — ($115.0m) ($242.0m) ($368.0m) ($779.0m) ($1.6b) $1.4b ($2.0b) ($675.0m) ($682.0m)
Preferred Stock Issuance — — — — — $0 $0 — — —
Preferred Stock Payments — — — — — — $0 $0 ($750.0m) ($1.0b)
Proceeds from maturities, calls and paydowns of AFS securities $5.9b $4.8b $3.7b $4.8b $24.6b $34.0b $12.3b $10.0b $14.9b $16.5b
Proceeds from maturities, calls and paydowns of HTM securities $7.0b $2.6b $2.4b $2.5b $0 $0 $5.1b $3.9b $3.8b $3.7b
Proceeds from sales of AFS securities $4.6b $4.9b $383.0m $36.8b $5.3b $148.0m $3.3b $21.0m $27.6b $2.7b
Provision for Loan, Lease, and Other Losses $572.0m $547.0m $566.0m $615.0m $2.3b ($813.0m) $777.0m $2.1b $1.9b $1.9b
Provision for credit losses $572.0m $547.0m $566.0m $615.0m $2.3b ($813.0m) $777.0m $2.1b $1.9b $1.9b
Purchase Of PPE — — — — — ($442.0m) ($564.0m) — — —
Purchases of AFS securities ($10.0b) ($7.4b) ($4.7b) ($42.6b) ($72.8b) ($70.8b) ($9.4b) ($4.2b) ($44.7b) ($14.5b)
Purchases of loans and leases — — — — — — ($1.2b) ($301.0m) ($1.3b) ($892.0m)
Redemption of preferred stock — $0 $0 ($1.7b) ($500.0m) ($1.4b) $0 $0 ($750.0m) ($1.0b)
Repurchase Of Capital Stock — — — — — — ($250.0m) $0 ($1.8b) ($3.5b)
Sales of loans and leases — — — — — — $600.0m $5.2b $708.0m $615.0m
Securities (gains) losses ($46.0m) $1.0m ($3.0m) $116.0m ($402.0m) $0 $71.0m $0 $6.7b $19.0m
Trading assets $432.0m $115.0m ($134.0m) ($1.8b) $1.9b ($551.0m) ($482.0m) $573.0m ($768.0m) ($690.0m)
Transfer of loans HFI to LHFS $263.0m $1.1b $77.0m $7.4b $2.6b $925.0m $549.0m $5.2b $600.0m $750.0m
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax — — — — — — — — $4.8b $0
Net Cash Provided by (Used in) Operating Activities $2.7b $4.6b $4.3b $1.5b $7.4b $7.9b $11.1b $8.6b $2.2b $5.7b
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment — — — — $815.0m $442.0m $564.0m — — —
Payments to Acquire Businesses, Net of Cash Acquired $785.0m $0 $296.0m ($6.3b) $2.4b $1.6b $4.7b $17.0m — —
Net Investment Purchase And Sale — — — — — — $8.4b $9.7b $1.6b $8.4b
Purchase Of Investment — — — — — — ($12.4b) ($4.2b) ($44.7b) ($14.5b)
Gain (Loss) on Sale of Investments — ($1.0m) — — — — — — — —
Sale Of Investment — — — — — — $20.8b $14.0b $46.3b $22.9b
Net cash received (paid) for asset acquisitions, business combinations, and divestitures — — — — ($2.4b) ($1.6b) ($4.7b) ($17.0m) $12.2b $0
Net Other Investing Changes — — — — — — ($1.7b) $136.0m $835.0m ($1.5b)
Payments for (Proceeds from) Other Investing Activities ($495.0m) $31.0m $123.0m ($6.0m) $706.0m $331.0m ($260.0m) ($55.0m) ($602.0m) $1.5b
Net cash flows from investing activities ($682.0m) ($5.3b) ($4.9b) $8.3b ($43.7b) ($32.1b) ($30.0b) $22.9b $18.6b ($17.8b)
Net Cash Provided by (Used in) Investing Activities ($682.0m) ($5.3b) ($4.9b) $8.3b ($43.7b) ($32.1b) ($30.0b) $22.9b $18.6b ($17.8b)
Cash flows from financing activities:
Issuance Of Debt — — — — — — $15.8b $50.9b $22.8b $69.8b
Long Term Debt Issuance — — — — — — $15.8b $50.9b $22.8b $69.8b
Net Issuance Payments Of Debt — — — — — — $26.5b ($2.7b) $361.0m $5.3b
Net Long Term Debt Issuance — — — — — — $8.5b ($4.1b) ($4.0b) $6.7b
Net Short Term Debt Issuance — — — — — — $18.1b $1.4b $4.4b ($1.3b)
Proceeds from Issuance of Long-term Debt $3.9b $8.9b $2.8b $7.1b $26.6b $4.7b $15.8b $50.9b $22.8b $69.8b
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale $5.9b $4.8b $3.7b $4.8b $24.6b $34.0b $12.3b $10.0b $14.9b $16.5b
Long Term Debt Payments — — — — — — ($7.3b) ($55.0b) ($26.8b) ($63.1b)
Repayment Of Debt — — — — — — ($7.3b) ($55.0b) ($26.8b) ($63.1b)
Repayment of long-term debt ($5.8b) ($7.5b) ($2.5b) ($9.3b) ($28.3b) ($8.0b) ($7.3b) ($55.0b) ($26.8b) ($63.1b)
Repayments of Long-term Debt $5.8b $7.5b $2.5b $9.3b $28.3b $8.0b $7.3b $55.0b $26.8b $63.1b
Net Common Stock Issuance — — — — — — ($250.0m) $0 ($1.0b) ($2.5b)
Common Stock Payments — — — — — — ($250.0m) $0 ($1.0b) ($2.5b)
Payments for Repurchase of Common Stock — $1.6b $1.2b $0 $0 $1.6b $250.0m $0 $1.0b $2.5b
Payments of Ordinary Dividends, Common Stock $925.0m $1.0b $1.2b $1.3b $2.4b $2.5b $2.7b $2.8b $2.8b $2.7b
Repurchase of common stock ($520.0m) ($1.6b) ($1.2b) $0 $0 ($1.6b) ($250.0m) $0 ($1.0b) ($2.5b)
Cash Dividends Paid — — — — — — ($3.0b) ($3.1b) ($3.1b) ($3.0b)
Cash dividends paid on common stock ($925) ($1k) ($1k) ($1k) ($2k) ($2k) ($3k) ($3k) ($3k) ($3k)
Cash dividends paid on preferred stock ($167) ($174) ($174) ($150) ($301) ($367) ($333) ($361) ($365) ($324)
Common Stock Dividend Paid — — — — — — ($2.7b) ($2.8b) ($2.8b) ($2.7b)
Other Interest and Dividend Income $52.0m $52.0m $66.0m $108.0m $324.0m $203.0m $622.0m $1.9b $2.3b $2.0b
Preferred Stock Dividend Paid — — — — — — ($333.0m) ($361.0m) ($365.0m) ($324.0m)
Net Other Financing Charges — — — — — — ($298.0m) $1.2b ($231.0m) ($71.0m)
Proceeds from (Payments for) Other Financing Activities $215.0m $15.0m ($229.0m) ($175.0m) ($148.0m) $82.0m ($113.0m) ($12.0m) ($24.0m) ($71.0m)
Net cash flows from financing activities ($1.8b) ($549.0m) $1.5b $5.4b $36.0b $25.6b $20.0b ($22.3b) ($11.6b) $8.6b
Net Cash Provided by (Used in) Financing Activities ($1.8b) ($549.0m) $1.5b $5.4b $36.0b $25.6b $20.0b ($22.3b) ($11.6b) $8.6b
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — — $15.2b ($197.0m) $1.4b $1.1b $9.2b $9.1b ($3.4b)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — — — — $21.4b $30.6b $39.8b $36.4b
Net Change in Cash and Cash Equivalents $225.0m ($1.2b) $888.0m $15.2b ($197.0m) $1.4b $1.1b $9.2b $9.1b ($3.4b)
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — $1.1b $9.2b $9.1b ($3.4b)
Interest Paid, Excluding Capitalized Interest, Operating Activities $775.0m $819.0m $1.4b $1.9b $1.8b $859.0m $2.0b $9.1b $11.3b $10.1b
Income Taxes Paid, Net $844.0m $429.0m $99.0m $443.0m $126.0m $792.0m $479.0m $780.0m $830.0m $192.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.