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10-Q Filing

TRUIST FINANCIAL CORP CIK: 92230 Q2 2022
Filing Information
Form Type 10-Q
Accession Number 0000092230-22-000083
Period End Date 20220630
Filing Date 20220801
Fiscal Year 2022
Fiscal Period Q2
XBRL Instance tfc-20220630_htm.xml
Balance Sheet 87 line items
Line Item Tag Value Unit Period
HTM securities, Fair Value HeldToMaturitySecuritiesFairValue $53.91B USD Point-in-time
HTM securities, Fair Value HeldToMaturitySecuritiesFairValue $1.50B USD Point-in-time
Loans Held for Sale, Fair Value LoansHeldForSaleFairValueDisclosure $3.15B USD Point-in-time
Cash and Due from Banks CashAndDueFromBanks $5.08B USD Point-in-time
Loans Held for Sale, Fair Value LoansHeldForSaleFairValueDisclosure $3.54B USD Point-in-time
Cash and Due from Banks CashAndDueFromBanks $5.51B USD Point-in-time
Loans Receivable, Fair Value Disclosure LoansReceivableFairValueDisclosure $20.00M USD Point-in-time
Loans Receivable, Fair Value Disclosure LoansReceivableFairValueDisclosure $23.00M USD Point-in-time
Interest-bearing deposits with banks InterestBearingDepositsInBanks $17.60B USD Point-in-time
Interest-bearing deposits with banks InterestBearingDepositsInBanks $15.21B USD Point-in-time
Securities borrowed or purchased under agreements to resell FederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell $4.03B USD Point-in-time
Securities borrowed or purchased under agreements to resell FederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell $2.65B USD Point-in-time
Other Assets, Fair Value Disclosure OtherAssetsFairValueDisclosure $3.44B USD Point-in-time
Other Assets, Fair Value Disclosure OtherAssetsFairValueDisclosure $2.34B USD Point-in-time
Trading assets at fair value TradingAssets $4.42B USD Point-in-time
Short-term borrowings, fair value FinancialInstrumentsSoldNotYetPurchasedAtFairValue $1.73B USD Point-in-time
Short-term borrowings, fair value FinancialInstrumentsSoldNotYetPurchasedAtFairValue $1.82B USD Point-in-time
Trading assets at fair value TradingAssets $5.23B USD Point-in-time
AFS securities at fair value AvailableForSaleSecuritiesDebtSecurities $153.12B USD Point-in-time
AFS securities at fair value AvailableForSaleSecuritiesDebtSecurities $79.28B USD Point-in-time
Other Liabilities, Fair Value Disclosure OtherLiabilitiesFairValueDisclosure $586.00M USD Point-in-time
Other Liabilities, Fair Value Disclosure OtherLiabilitiesFairValueDisclosure $1.91B USD Point-in-time
HTM securities ($53,905 and $1,495 at fair value, respectively) HeldToMaturitySecurities $60.08B USD Point-in-time
HTM securities ($53,905 and $1,495 at fair value, respectively) HeldToMaturitySecurities $1.49B USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $5.00 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $5.00 USD Point-in-time
LHFS (including $3,149 and $3,544 at fair value, respectively) LoansReceivableHeldForSaleAmount $4.81B USD Point-in-time
LHFS (including $3,149 and $3,544 at fair value, respectively) LoansReceivableHeldForSaleAmount $3.64B USD Point-in-time
Loans and leases (including $20 and $23 at fair value, respectively) LoansAndLeasesReceivableNetOfDeferredIncome $289.51B USD Point-in-time
Loans and leases (including $20 and $23 at fair value, respectively) LoansAndLeasesReceivableNetOfDeferredIncome $303.66B USD Point-in-time
ALLL LoansAndLeasesReceivableAllowance $4.43B USD Point-in-time
ALLL LoansAndLeasesReceivableAllowance $4.19B USD Point-in-time
Loans and leases, net of ALLL LoansAndLeasesReceivableNetReportedAmount $285.08B USD Point-in-time
Loans and leases, net of ALLL LoansAndLeasesReceivableNetReportedAmount $299.48B USD Point-in-time
Premises and equipment PropertyPlantAndEquipmentNet $3.70B USD Point-in-time
Premises and equipment PropertyPlantAndEquipmentNet $3.68B USD Point-in-time
Goodwill Goodwill $24.45B USD Point-in-time
Goodwill Goodwill $26.30B USD Point-in-time
Goodwill Goodwill $26.10B USD Point-in-time
CDI and other intangible assets FiniteLivedIntangibleAssetsNet $3.54B USD Point-in-time
CDI and other intangible assets FiniteLivedIntangibleAssetsNet $3.41B USD Point-in-time
Loan servicing rights at fair value ServicingAssetAtFairValueAmount $3.47B USD Point-in-time
Loan servicing rights at fair value ServicingAssetAtFairValueAmount $2.63B USD Point-in-time
Other assets (including $2,336 and $3,436 at fair value, respectively) OtherAssets $34.68B USD Point-in-time
Other assets (including $2,336 and $3,436 at fair value, respectively) OtherAssets $32.15B USD Point-in-time
Total assets Assets $541.24B USD Point-in-time
Total assets Assets $545.12B USD Point-in-time
Noninterest-bearing deposits NoninterestBearingDepositLiabilities $147.75B USD Point-in-time
Noninterest-bearing deposits NoninterestBearingDepositLiabilities $145.89B USD Point-in-time
Interest-bearing deposits InterestBearingDepositLiabilities $277.01B USD Point-in-time
Interest-bearing deposits InterestBearingDepositLiabilities $270.60B USD Point-in-time
Short-term borrowings (including $1,816 and $1,731 at fair value, respectively) ShortTermBorrowings $5.29B USD Point-in-time
Short-term borrowings (including $1,816 and $1,731 at fair value, respectively) ShortTermBorrowings $13.74B USD Point-in-time
Long-term debt LongTermDebt $35.91B USD Point-in-time
Long-term debt LongTermDebt $30.32B USD Point-in-time
Other liabilities (including $1,914 and $586 at fair value, respectively) OtherLiabilities $14.28B USD Point-in-time
Other liabilities (including $1,914 and $586 at fair value, respectively) OtherLiabilities $13.31B USD Point-in-time
Total liabilities Liabilities $471.97B USD Point-in-time
Total liabilities Liabilities $482.12B USD Point-in-time
Preferred stock PreferredStockIncludingAdditionalPaidInCapitalNetOfDiscount $6.67B USD Point-in-time
Preferred stock PreferredStockIncludingAdditionalPaidInCapitalNetOfDiscount $6.67B USD Point-in-time
Common stock, $5 par value CommonStockValue $6.63B USD Point-in-time
Common stock, $5 par value CommonStockValue $6.64B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $34.41B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $34.56B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $23.00B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $24.50B USD Point-in-time
AOCI, net of deferred income taxes AccumulatedOtherComprehensiveIncomeLossNetOfTax $-9.24B USD Point-in-time
AOCI, net of deferred income taxes AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.60B USD Point-in-time
Noncontrolling interests MinorityInterest $24.00M USD Point-in-time
Noncontrolling interests MinorityInterest - USD Point-in-time
Total shareholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $65.04B USD Point-in-time
Total shareholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $69.27B USD Point-in-time
Total shareholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $70.91B USD Point-in-time
Total shareholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $68.34B USD Point-in-time
Total shareholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $67.88B USD Point-in-time
Total shareholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $63.00B USD Point-in-time
Total liabilities and shareholders equity LiabilitiesAndStockholdersEquity $541.24B USD Point-in-time
Total liabilities and shareholders equity LiabilitiesAndStockholdersEquity $545.12B USD Point-in-time
Common shares outstanding CommonStockSharesOutstanding 1.33B shares Point-in-time
Common shares outstanding CommonStockSharesOutstanding 1.33B shares Point-in-time
Common shares authorized CommonStockSharesAuthorized 2.00B shares Point-in-time
Common shares authorized CommonStockSharesAuthorized 2.00B shares Point-in-time
Preferred shares outstanding PreferredStockSharesOutstanding 223,000.00 shares Point-in-time
Preferred shares outstanding PreferredStockSharesOutstanding 223,000.00 shares Point-in-time
Preferred shares authorized PreferredStockSharesAuthorized 5.00M shares Point-in-time
Preferred shares authorized PreferredStockSharesAuthorized 5.00M shares Point-in-time
Income Statement 148 line items
Line Item Tag Value Unit Period
Interest and fees on loans and leases InterestAndFeeIncomeLoansAndLeases $5.54B USD 2 Qtrs
Interest and fees on loans and leases InterestAndFeeIncomeLoansAndLeases $2.90B USD 1 Quarter
Interest and fees on loans and leases InterestAndFeeIncomeLoansAndLeases $5.90B USD 2 Qtrs
Interest and fees on loans and leases InterestAndFeeIncomeLoansAndLeases $2.90B USD 1 Quarter
Interest on securities InterestAndDividendIncomeSecurities $497.00M USD 1 Quarter
Interest on securities InterestAndDividendIncomeSecurities $940.00M USD 2 Qtrs
Interest on securities InterestAndDividendIncomeSecurities $675.00M USD 1 Quarter
Interest on securities InterestAndDividendIncomeSecurities $1.31B USD 2 Qtrs
Interest on other earning assets OtherInterestAndDividendIncome $173.00M USD 2 Qtrs
Interest on other earning assets OtherInterestAndDividendIncome $100.00M USD 1 Quarter
Interest on other earning assets OtherInterestAndDividendIncome $45.00M USD 1 Quarter
Interest on other earning assets OtherInterestAndDividendIncome $94.00M USD 2 Qtrs
Total interest income InterestAndDividendIncomeOperating $3.67B USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $3.44B USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $7.03B USD 2 Qtrs
Total interest income InterestAndDividendIncomeOperating $6.94B USD 2 Qtrs
Interest on deposits InterestExpenseDeposits $36.00M USD 1 Quarter
Interest on deposits InterestExpenseDeposits $99.00M USD 1 Quarter
Interest on deposits InterestExpenseDeposits $131.00M USD 2 Qtrs
Interest on deposits InterestExpenseDeposits $83.00M USD 2 Qtrs
Interest on long-term debt InterestExpenseLongTermDebt $269.00M USD 2 Qtrs
Interest on long-term debt InterestExpenseLongTermDebt $147.00M USD 1 Quarter
Interest on long-term debt InterestExpenseLongTermDebt $295.00M USD 2 Qtrs
Interest on long-term debt InterestExpenseLongTermDebt $137.00M USD 1 Quarter
Interest on other borrowings InterestExpenseShortTermBorrowings $15.00M USD 1 Quarter
Interest on other borrowings InterestExpenseShortTermBorrowings $29.00M USD 2 Qtrs
Interest on other borrowings InterestExpenseShortTermBorrowings $30.00M USD 1 Quarter
Interest on other borrowings InterestExpenseShortTermBorrowings $40.00M USD 2 Qtrs
Total interest expense InterestExpense $440.00M USD 2 Qtrs
Total interest expense InterestExpense $198.00M USD 1 Quarter
Total interest expense InterestExpense $407.00M USD 2 Qtrs
Total interest expense InterestExpense $266.00M USD 1 Quarter
Net Interest Income InterestIncomeExpenseNet $6.59B USD 2 Qtrs
Net Interest Income InterestIncomeExpenseNet $6.53B USD 2 Qtrs
Net Interest Income InterestIncomeExpenseNet $3.41B USD 1 Quarter
Net Interest Income InterestIncomeExpenseNet $3.25B USD 1 Quarter
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $-434.00M USD 1 Quarter
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $76.00M USD 2 Qtrs
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $171.00M USD 1 Quarter
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $-386.00M USD 2 Qtrs
Net Interest Income After Provision for Credit Losses InterestIncomeExpenseAfterProvisionForLoanLoss $3.68B USD 1 Quarter
Net Interest Income After Provision for Credit Losses InterestIncomeExpenseAfterProvisionForLoanLoss $6.51B USD 2 Qtrs
Net Interest Income After Provision for Credit Losses InterestIncomeExpenseAfterProvisionForLoanLoss $3.24B USD 1 Quarter
Net Interest Income After Provision for Credit Losses InterestIncomeExpenseAfterProvisionForLoanLoss $6.92B USD 2 Qtrs
Noninterest income NoninterestIncome $4.60B USD 2 Qtrs
Noninterest income NoninterestIncome $2.25B USD 1 Quarter
Noninterest income NoninterestIncome $2.40B USD 1 Quarter
Noninterest income NoninterestIncome $4.39B USD 2 Qtrs
Personnel expense LaborAndRelatedExpense $4.15B USD 2 Qtrs
Personnel expense LaborAndRelatedExpense $2.10B USD 1 Quarter
Personnel expense LaborAndRelatedExpense $2.21B USD 1 Quarter
Personnel expense LaborAndRelatedExpense $4.35B USD 2 Qtrs
Professional fees and outside processing ProfessionalFees $712.00M USD 2 Qtrs
Professional fees and outside processing ProfessionalFees $341.00M USD 1 Quarter
Professional fees and outside processing ProfessionalFees $349.00M USD 1 Quarter
Professional fees and outside processing ProfessionalFees $691.00M USD 2 Qtrs
Software expense CapitalizedComputerSoftwareAmortization1 $234.00M USD 1 Quarter
Software expense CapitalizedComputerSoftwareAmortization1 $466.00M USD 2 Qtrs
Software expense CapitalizedComputerSoftwareAmortization1 $246.00M USD 1 Quarter
Software expense CapitalizedComputerSoftwareAmortization1 $456.00M USD 2 Qtrs
Net occupancy expense OccupancyNet $182.00M USD 1 Quarter
Net occupancy expense OccupancyNet $391.00M USD 2 Qtrs
Net occupancy expense OccupancyNet $181.00M USD 1 Quarter
Net occupancy expense OccupancyNet $389.00M USD 2 Qtrs
Amortization of intangibles AmortizationOfIntangibleAssets $142.00M USD 1 Quarter
Amortization of intangibles AmortizationOfIntangibleAssets $286.00M USD 2 Qtrs
Amortization of intangibles AmortizationOfIntangibleAssets $280.00M USD 2 Qtrs
Amortization of intangibles AmortizationOfIntangibleAssets $143.00M USD 1 Quarter
Equipment expense EquipmentExpense $235.00M USD 2 Qtrs
Equipment expense EquipmentExpense $232.00M USD 2 Qtrs
Equipment expense EquipmentExpense $122.00M USD 1 Quarter
Equipment expense EquipmentExpense $114.00M USD 1 Quarter
Marketing and customer development MarketingAndAdvertisingExpense $132.00M USD 2 Qtrs
Marketing and customer development MarketingAndAdvertisingExpense $66.00M USD 1 Quarter
Marketing and customer development MarketingAndAdvertisingExpense $93.00M USD 1 Quarter
Marketing and customer development MarketingAndAdvertisingExpense $177.00M USD 2 Qtrs
Operating lease depreciation OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease $47.00M USD 1 Quarter
Operating lease depreciation OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease $97.00M USD 2 Qtrs
Operating lease depreciation OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease $95.00M USD 2 Qtrs
Operating lease depreciation OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease $47.00M USD 1 Quarter
Loan-related expense LoanProcessingFee $91.00M USD 2 Qtrs
Loan-related expense LoanProcessingFee $109.00M USD 2 Qtrs
Loan-related expense LoanProcessingFee $55.00M USD 1 Quarter
Loan-related expense LoanProcessingFee $47.00M USD 1 Quarter
Regulatory costs FederalDepositInsuranceCorporationPremiumExpense $56.00M USD 2 Qtrs
Regulatory costs FederalDepositInsuranceCorporationPremiumExpense $31.00M USD 1 Quarter
Regulatory costs FederalDepositInsuranceCorporationPremiumExpense $44.00M USD 1 Quarter
Regulatory costs FederalDepositInsuranceCorporationPremiumExpense $79.00M USD 2 Qtrs
Merger-related and restructuring charges RestructuringCharges $297.00M USD 1 Quarter
Merger-related and restructuring charges RestructuringCharges $121.00M USD 1 Quarter
Merger-related and restructuring charges RestructuringCharges $337.00M USD 2 Qtrs
Merger-related and restructuring charges RestructuringCharges $438.00M USD 2 Qtrs
Loss (gain) on early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $39.00M USD 1 Quarter
Loss (gain) on early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $3.00M USD 2 Qtrs
Loss (gain) on early extinguishment of debt GainsLossesOnExtinguishmentOfDebt $39.00M USD 2 Qtrs
Loss (gain) on early extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Other expense OtherNoninterestExpense $275.00M USD 1 Quarter
Other expense OtherNoninterestExpense $144.00M USD 1 Quarter
Other expense OtherNoninterestExpense $282.00M USD 2 Qtrs
Other expense OtherNoninterestExpense $384.00M USD 2 Qtrs
Total noninterest expense NoninterestExpense $7.25B USD 2 Qtrs
Total noninterest expense NoninterestExpense $3.58B USD 1 Quarter
Total noninterest expense NoninterestExpense $4.01B USD 1 Quarter
Total noninterest expense NoninterestExpense $7.62B USD 2 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $3.90B USD 2 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.90B USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $3.65B USD 2 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $2.07B USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $415.00M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $372.00M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $766.00M USD 2 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $702.00M USD 2 Qtrs
Net income ProfitLoss $3.13B USD 2 Qtrs
Net income ProfitLoss $2.95B USD 2 Qtrs
Net income ProfitLoss $1.66B USD 1 Quarter
Net income ProfitLoss $1.53B USD 1 Quarter
Noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $1.00M USD 1 Quarter
Noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-3.00M USD 2 Qtrs
Noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $2.00M USD 2 Qtrs
Noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $1.00M USD 1 Quarter
Net income available to the bank holding company NetIncomeLossAvailableToTheBankHoldingCompany $1.53B USD 1 Quarter
Net income available to the bank holding company NetIncomeLossAvailableToTheBankHoldingCompany $3.13B USD 2 Qtrs
Net income available to the bank holding company NetIncomeLossAvailableToTheBankHoldingCompany $1.66B USD 1 Quarter
Net income available to the bank holding company NetIncomeLossAvailableToTheBankHoldingCompany $2.95B USD 2 Qtrs
Preferred stock dividends and other PreferredStockDividendsAndOtherAdjustments $98.00M USD 1 Quarter
Preferred stock dividends and other PreferredStockDividendsAndOtherAdjustments $241.00M USD 2 Qtrs
Preferred stock dividends and other PreferredStockDividendsAndOtherAdjustments $77.00M USD 1 Quarter
Preferred stock dividends and other PreferredStockDividendsAndOtherAdjustments $165.00M USD 2 Qtrs
Net income available to common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $2.78B USD 2 Qtrs
Net income available to common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $1.56B USD 1 Quarter
Net income available to common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $2.89B USD 2 Qtrs
Net income available to common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $1.45B USD 1 Quarter
Basic EPS EarningsPerShareBasic $2.16 USD 2 Qtrs
Basic EPS EarningsPerShareBasic $1.16 USD 1 Quarter
Basic EPS EarningsPerShareBasic $2.09 USD 2 Qtrs
Basic EPS EarningsPerShareBasic $1.09 USD 1 Quarter
Diluted EPS EarningsPerShareDiluted $1.09 USD 1 Quarter
Diluted EPS EarningsPerShareDiluted $2.14 USD 2 Qtrs
Diluted EPS EarningsPerShareDiluted $1.16 USD 1 Quarter
Diluted EPS EarningsPerShareDiluted $2.08 USD 2 Qtrs
Basic weighted average shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 1.34B shares 1 Quarter
Basic weighted average shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 1.33B shares 1 Quarter
Basic weighted average shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 1.34B shares 2 Qtrs
Basic weighted average shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 1.33B shares 2 Qtrs
Diluted weighted average shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 1.34B shares 2 Qtrs
Diluted weighted average shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 1.34B shares 1 Quarter
Diluted weighted average shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 1.35B shares 1 Quarter
Diluted weighted average shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 1.35B shares 2 Qtrs
Cash Flow Statement 91 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $3.13B USD 2 Qtrs
Net income ProfitLoss $2.95B USD 2 Qtrs
Net income ProfitLoss $1.66B USD 1 Quarter
Net income ProfitLoss $1.53B USD 1 Quarter
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $-434.00M USD 1 Quarter
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $76.00M USD 2 Qtrs
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $171.00M USD 1 Quarter
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $-386.00M USD 2 Qtrs
Depreciation DepreciationNonproduction $397.00M USD 2 Qtrs
Depreciation DepreciationNonproduction $401.00M USD 2 Qtrs
Amortization of intangibles AmortizationOfIntangibleAssets $142.00M USD 1 Quarter
Amortization of intangibles AmortizationOfIntangibleAssets $286.00M USD 2 Qtrs
Amortization of intangibles AmortizationOfIntangibleAssets $280.00M USD 2 Qtrs
Amortization of intangibles AmortizationOfIntangibleAssets $143.00M USD 1 Quarter
Securities (gains) losses GainLossOnInvestments - USD 2 Qtrs
Securities (gains) losses GainLossOnInvestments $-70.00M USD 2 Qtrs
LHFS IncreaseDecreaseInLoansHeldForSale $-395.00M USD 2 Qtrs
LHFS IncreaseDecreaseInLoansHeldForSale $-2.14B USD 2 Qtrs
Loan servicing rights IncreaseDecreaseInServicingAsset $-638.00M USD 2 Qtrs
Loan servicing rights IncreaseDecreaseInServicingAsset $-156.00M USD 2 Qtrs
Pension asset IncreaseDecreaseInOtherNoncurrentAssets $479.00M USD 2 Qtrs
Pension asset IncreaseDecreaseInOtherNoncurrentAssets $468.00M USD 2 Qtrs
Derivative assets and liabilities IncreaseDecreaseInDerivativeAssets $-2.14B USD 2 Qtrs
Derivative assets and liabilities IncreaseDecreaseInDerivativeAssets $-668.00M USD 2 Qtrs
Trading assets IncreaseDecreaseInTradingSecurities $2.07B USD 2 Qtrs
Trading assets IncreaseDecreaseInTradingSecurities $807.00M USD 2 Qtrs
Other assets and other liabilities IncreaseDecreaseInOtherOperatingCapitalNet $228.00M USD 2 Qtrs
Other assets and other liabilities IncreaseDecreaseInOtherOperatingCapitalNet $223.00M USD 2 Qtrs
Other, net OtherOperatingActivitiesCashFlowStatement $-5.00M USD 2 Qtrs
Other, net OtherOperatingActivitiesCashFlowStatement $-391.00M USD 2 Qtrs
Net cash from operating activities NetCashProvidedByUsedInOperatingActivities $3.30B USD 2 Qtrs
Net cash from operating activities NetCashProvidedByUsedInOperatingActivities $3.78B USD 2 Qtrs
Proceeds from sales of AFS securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $112.00M USD 2 Qtrs
Proceeds from sales of AFS securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $3.20B USD 2 Qtrs
Proceeds from maturities, calls and paydowns of AFS securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $17.18B USD 2 Qtrs
Proceeds from maturities, calls and paydowns of AFS securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $8.29B USD 2 Qtrs
Purchases of AFS securities PaymentsToAcquireAvailableForSaleSecuritiesDebt $39.38B USD 2 Qtrs
Purchases of AFS securities PaymentsToAcquireAvailableForSaleSecuritiesDebt $8.66B USD 2 Qtrs
Proceeds from maturities, calls and paydowns of HTM securities ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities $2.57B USD 2 Qtrs
Proceeds from maturities, calls and paydowns of HTM securities ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities - USD 2 Qtrs
Purchases of HTM securities PaymentsToAcquireHeldToMaturitySecurities $3.02B USD 2 Qtrs
Purchases of HTM securities PaymentsToAcquireHeldToMaturitySecurities - USD 2 Qtrs
Originations and purchases of loans and leases, net of sales and principal collected PaymentsForProceedsFromLoansAndLeases $-13.45B USD 2 Qtrs
Originations and purchases of loans and leases, net of sales and principal collected PaymentsForProceedsFromLoansAndLeases $13.36B USD 2 Qtrs
Net cash received (paid) for securities borrowed or purchased under agreements to resell ProceedsFromPaymentsForFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResellNet $1.38B USD 2 Qtrs
Net cash received (paid) for securities borrowed or purchased under agreements to resell ProceedsFromPaymentsForFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResellNet $503.00M USD 2 Qtrs
Net cash received (paid) for asset acquisitions, business combinations, and divestitures PaymentsToAcquireBusinessesNetOfCashAcquired $-1.13B USD 2 Qtrs
Net cash received (paid) for asset acquisitions, business combinations, and divestitures PaymentsToAcquireBusinessesNetOfCashAcquired $505.00M USD 2 Qtrs
Other, net PaymentsForProceedsFromOtherInvestingActivities $18.00M USD 2 Qtrs
Other, net PaymentsForProceedsFromOtherInvestingActivities $694.00M USD 2 Qtrs
Net cash from investing activities NetCashProvidedByUsedInInvestingActivities $-10.80B USD 2 Qtrs
Net cash from investing activities NetCashProvidedByUsedInInvestingActivities $-7.03B USD 2 Qtrs
Net change in deposits IncreaseDecreaseInDeposits $17.21B USD 2 Qtrs
Net change in deposits IncreaseDecreaseInDeposits $8.28B USD 2 Qtrs
Net change in short-term borrowings ProceedsFromRepaymentsOfOtherDebt $-440.00M USD 2 Qtrs
Net change in short-term borrowings ProceedsFromRepaymentsOfOtherDebt $8.44B USD 2 Qtrs
Proceeds from issuance of long-term debt ProceedsFromIssuanceOfLongTermDebt $943.00M USD 2 Qtrs
Proceeds from issuance of long-term debt ProceedsFromIssuanceOfLongTermDebt $3.33B USD 2 Qtrs
Repayment of long-term debt RepaymentsOfLongTermDebt $4.55B USD 2 Qtrs
Repayment of long-term debt RepaymentsOfLongTermDebt $5.83B USD 2 Qtrs
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $250.00M USD 2 Qtrs
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $1.12B USD 2 Qtrs
Redemption of preferred stock PaymentsForRepurchaseOfPreferredStockAndPreferenceStock $1.42B USD 2 Qtrs
Redemption of preferred stock PaymentsForRepurchaseOfPreferredStockAndPreferenceStock - USD 2 Qtrs
Cash dividends paid on common stock PaymentsOfDividendsCommonStock $1.28B USD 2 Qtrs
Cash dividends paid on common stock PaymentsOfDividendsCommonStock $1.21B USD 2 Qtrs
Cash dividends paid on preferred stock PaymentsOfDividendsPreferredStockAndPreferenceStock $165.00M USD 2 Qtrs
Cash dividends paid on preferred stock PaymentsOfDividendsPreferredStockAndPreferenceStock $201.00M USD 2 Qtrs
Net cash received (paid) for hedge unwinds NetCashReceivedFromHedgeUnwinds $-198.00M USD 2 Qtrs
Net cash received (paid) for hedge unwinds NetCashReceivedFromHedgeUnwinds - USD 2 Qtrs
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-96.00M USD 2 Qtrs
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-206.00M USD 2 Qtrs
Net cash from financing activities NetCashProvidedByUsedInFinancingActivities $9.85B USD 2 Qtrs
Net cash from financing activities NetCashProvidedByUsedInFinancingActivities $11.41B USD 2 Qtrs
Net Change in Cash and Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $7.69B USD 2 Qtrs
Net Change in Cash and Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $2.82B USD 2 Qtrs
Cash and Cash Equivalents, January 1 CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $18.87B USD Point-in-time
Cash and Cash Equivalents, January 1 CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $26.56B USD Point-in-time
Cash and Cash Equivalents, January 1 CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $23.11B USD Point-in-time
Cash and Cash Equivalents, January 1 CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $20.30B USD Point-in-time
Cash and Cash Equivalents, June 30 CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $18.87B USD Point-in-time
Cash and Cash Equivalents, June 30 CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $26.56B USD Point-in-time
Cash and Cash Equivalents, June 30 CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $23.11B USD Point-in-time
Cash and Cash Equivalents, June 30 CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $20.30B USD Point-in-time
Net cash paid (received) during the period for interest expense InterestPaidNet $461.00M USD 2 Qtrs
Net cash paid (received) during the period for interest expense InterestPaidNet $430.00M USD 2 Qtrs
Net cash paid (received) during the period for income taxes IncomeTaxesPaidNet $418.00M USD 2 Qtrs
Net cash paid (received) during the period for income taxes IncomeTaxesPaidNet $579.00M USD 2 Qtrs
Transfer of AFS securities to HTM DebtSecuritiesHeldToMaturityTransferAmount $59.44B USD 2 Qtrs
Transfer of AFS securities to HTM DebtSecuritiesHeldToMaturityTransferAmount $59.40B USD 1 Quarter
Transfer of AFS securities to HTM DebtSecuritiesHeldToMaturityTransferAmount - USD 2 Qtrs
Stockholders Equity 49 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $65.04B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $69.27B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $70.91B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $68.34B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $67.88B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $63.00B USD Point-in-time
Beginning balance (in shares) CommonStockSharesOutstanding 1.33B shares Point-in-time
Beginning balance (in shares) CommonStockSharesOutstanding 1.33B shares Point-in-time
Net income ProfitLoss $3.13B USD 2 Qtrs
Net income ProfitLoss $2.95B USD 2 Qtrs
Net income ProfitLoss $1.66B USD 1 Quarter
Net income ProfitLoss $1.53B USD 1 Quarter
OCI OtherComprehensiveIncomeLossNetOfTax $-1.76B USD 2 Qtrs
OCI OtherComprehensiveIncomeLossNetOfTax $468.00M USD 1 Quarter
OCI OtherComprehensiveIncomeLossNetOfTax $-2.71B USD 1 Quarter
OCI OtherComprehensiveIncomeLossNetOfTax $-7.64B USD 2 Qtrs
Issued in connection with equity awards, net StockIssuedDuringPeriodValueShareBasedCompensation $-88.00M USD 2 Qtrs
Issued in connection with equity awards, net StockIssuedDuringPeriodValueShareBasedCompensation $-2.00M USD 1 Quarter
Issued in connection with equity awards, net StockIssuedDuringPeriodValueShareBasedCompensation $-91.00M USD 2 Qtrs
Issued in connection with equity awards, net StockIssuedDuringPeriodValueShareBasedCompensation $-4.00M USD 1 Quarter
Repurchase of common stock StockRepurchasedDuringPeriodValue $610.00M USD 1 Quarter
Repurchase of common stock StockRepurchasedDuringPeriodValue $250.00M USD 1 Quarter
Repurchase of common stock StockRepurchasedDuringPeriodValue $1.12B USD 2 Qtrs
Repurchase of common stock StockRepurchasedDuringPeriodValue $250.00M USD 2 Qtrs
Redemption of preferred stock StockRedeemedOrCalledDuringPeriodValue $-1.42B USD 2 Qtrs
Redemption of preferred stock StockRedeemedOrCalledDuringPeriodValue $-465.00M USD 1 Quarter
Cash dividends declared on common stock DividendsCommonStockCash $602.00M USD 1 Quarter
Cash dividends declared on common stock DividendsCommonStockCash $639.00M USD 1 Quarter
Cash dividends declared on common stock DividendsCommonStockCash $1.21B USD 2 Qtrs
Cash dividends declared on common stock DividendsCommonStockCash $1.28B USD 2 Qtrs
Cash dividends declared on preferred stock OtherPreferredStockDividendsAndAdjustments $84.00M USD 1 Quarter
Cash dividends declared on preferred stock OtherPreferredStockDividendsAndAdjustments $201.00M USD 2 Qtrs
Cash dividends declared on preferred stock OtherPreferredStockDividendsAndAdjustments $165.00M USD 2 Qtrs
Cash dividends declared on preferred stock OtherPreferredStockDividendsAndAdjustments $77.00M USD 1 Quarter
Equity-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $96.00M USD 1 Quarter
Equity-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $100.00M USD 1 Quarter
Equity-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $176.00M USD 2 Qtrs
Equity-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $186.00M USD 2 Qtrs
Other, net StockholdersEquityOther $-22.00M USD 2 Qtrs
Other, net StockholdersEquityOther $102.00M USD 2 Qtrs
Other, net StockholdersEquityOther $1.00M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $65.04B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $69.27B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $70.91B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $68.34B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $67.88B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $63.00B USD Point-in-time
Ending balance (in shares) CommonStockSharesOutstanding 1.33B shares Point-in-time
Ending balance (in shares) CommonStockSharesOutstanding 1.33B shares Point-in-time
Comprehensive Income 56 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $3.13B USD 2 Qtrs
Net income ProfitLoss $2.95B USD 2 Qtrs
Net income ProfitLoss $1.66B USD 1 Quarter
Net income ProfitLoss $1.53B USD 1 Quarter
Net change in net pension and postretirement costs OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-13.00M USD 2 Qtrs
Net change in net pension and postretirement costs OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $2.00M USD 1 Quarter
Net change in net pension and postretirement costs OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-5.00M USD 1 Quarter
Net change in net pension and postretirement costs OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-33.00M USD 2 Qtrs
Net change in cash flow hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $54.00M USD 2 Qtrs
Net change in cash flow hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $10.00M USD 1 Quarter
Net change in cash flow hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $49.00M USD 1 Quarter
Net change in cash flow hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $46.00M USD 2 Qtrs
Net change in AFS securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-7.84B USD 2 Qtrs
Net change in AFS securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-1.84B USD 2 Qtrs
Net change in AFS securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $459.00M USD 1 Quarter
Net change in AFS securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-2.85B USD 1 Quarter
Net change in HTM securities OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityAdjustmentFromAociForAmortizationOfGainLossAfterTax - USD 1 Quarter
Net change in HTM securities OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityAdjustmentFromAociForAmortizationOfGainLossAfterTax $-136.00M USD 2 Qtrs
Net change in HTM securities OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityAdjustmentFromAociForAmortizationOfGainLossAfterTax - USD 2 Qtrs
Net change in HTM securities OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityAdjustmentFromAociForAmortizationOfGainLossAfterTax $-92.00M USD 1 Quarter
Other, net OtherComprehensiveIncomeOtherNetOfTax $2.00M USD 2 Qtrs
Other, net OtherComprehensiveIncomeOtherNetOfTax $1.00M USD 1 Quarter
Other, net OtherComprehensiveIncomeOtherNetOfTax $-1.00M USD 2 Qtrs
Other, net OtherComprehensiveIncomeOtherNetOfTax $-2.00M USD 1 Quarter
Total OCI, net of tax OtherComprehensiveIncomeLossNetOfTax $-1.76B USD 2 Qtrs
Total OCI, net of tax OtherComprehensiveIncomeLossNetOfTax $468.00M USD 1 Quarter
Total OCI, net of tax OtherComprehensiveIncomeLossNetOfTax $-2.71B USD 1 Quarter
Total OCI, net of tax OtherComprehensiveIncomeLossNetOfTax $-7.64B USD 2 Qtrs
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $1.37B USD 2 Qtrs
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-1.17B USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $2.13B USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-4.69B USD 2 Qtrs
Net change in net pension and postretirement costs OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $-5.00M USD 2 Qtrs
Net change in net pension and postretirement costs OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $1.00M USD 1 Quarter
Net change in net pension and postretirement costs OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $-3.00M USD 1 Quarter
Net change in net pension and postretirement costs OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $-10.00M USD 2 Qtrs
Net change in cash flow hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax $3.00M USD 1 Quarter
Net change in cash flow hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax $16.00M USD 2 Qtrs
Net change in cash flow hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax $14.00M USD 2 Qtrs
Net change in cash flow hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax $15.00M USD 1 Quarter
Net change in AFS securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $139.00M USD 1 Quarter
Net change in AFS securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-568.00M USD 2 Qtrs
Net change in AFS securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-2.38B USD 2 Qtrs
Net change in AFS securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-867.00M USD 1 Quarter
Net change in HTM securities OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityAdjustmentFromAociForAmortizationOfGainLossTax $-40.00M USD 2 Qtrs
Net change in HTM securities OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityAdjustmentFromAociForAmortizationOfGainLossTax - USD 2 Qtrs
Net change in HTM securities OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityAdjustmentFromAociForAmortizationOfGainLossTax $-27.00M USD 1 Quarter
Net change in HTM securities OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityAdjustmentFromAociForAmortizationOfGainLossTax - USD 1 Quarter
Other, net OtherComprehensiveIncomeOtherNetTax - USD 1 Quarter
Other, net OtherComprehensiveIncomeOtherNetTax - USD 1 Quarter
Other, net OtherComprehensiveIncomeOtherNetTax - USD 2 Qtrs
Other, net OtherComprehensiveIncomeOtherNetTax - USD 2 Qtrs
Total income taxes related to OCI OtherComprehensiveIncomeLossTax $-822.00M USD 1 Quarter
Total income taxes related to OCI OtherComprehensiveIncomeLossTax $141.00M USD 1 Quarter
Total income taxes related to OCI OtherComprehensiveIncomeLossTax $-2.32B USD 2 Qtrs
Total income taxes related to OCI OtherComprehensiveIncomeLossTax $-544.00M USD 2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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