Truist Financial Corporation Q1 sales decline

(RTTNews) - Truist Financial Corporation (TFC) reported earnings for first quarter of $1.33 billion

The company's earnings came in at $1.33 billion, or $0.99 per share. This compares with $1.33 billion, or $0.98 per share, in last year's first quarter.

Excluding items, Truist Financial Corporation reported adjusted earnings of $1.6 billion or $1.23 per share for the period.

The company's revenue for the quarter fell 2.7% to $5.33 billion from $5.48 billion last year.

Truist Financial Corporation earnings at a glance (GAAP) :

-Earnings (Q1): $1.33 Bln. vs. $1.33 Bln. last year. -EPS (Q1): $0.99 vs. $0.98 last year. -Revenue (Q1): $5.33 Bln vs. $5.48 Bln last year.