Truist Financial Corporation: 7 Major Game-Changers Impacting Its 2025 Performance & Beyond! 

Truist Financial Corporation’s fourth-quarter 2024 earnings reflect a company navigating both opportunities and challenges in a dynamic financial landscape. The company reported net income available to common shareholders of $1.2 billion, or $0.91 per share, and achieved full-year GAAP net income of $4.5 billion, or $3.36 per share. On an adjusted basis, net income was higher, standing at $5 billion or $3.69 per share. One of the positive highlights is the solid performance in adjusted revenue, which finished the year at the high end of expectations, accompanied by a 40 basis point decrease in annual expenses. Truist maintained an adjusted efficiency ratio of 56.3% throughout the year, reflecting effectively managed costs despite a relatively stable expense level. Furthermore, the bank saw an increase in average deposit balances, which grew by 1.5% on a linked-quarter basis, while loan balances increased slightly by just over 1%.