Truist Financial second-quarter profit rises to $1.519 billion

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Truist Financial Corporation reported a higher profit for its second quarter. The company's bottom line totaled $1.519 billion, or $1.23 per share, compared with $1.180 billion, or $0.90 per share, in the same period last year. Revenue for the period rose 5.4% to $5.31 billion from $5.04 billion a year earlier. The company provided guidance for the next quarter's revenue growth of 1% and full-year revenue growth of 3.5% to 4%.

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Truist Financial Corp
TFC
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Truist Financial reported higher Q2 profit and revenue, beating prior year results, and provided positive revenue guidance.

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