Truist(US:TFC)2025-01-17 13:16Financial Performance - Net income available to common shareholders for 4Q24 was $1.2 billion, or $0.91 per share[18, 36] - The company returned $3.8 billion of capital to shareholders through dividends and share repurchases in 2024[18] - Adjusted revenue for 2024 was $20.1 billion[34] - Adjusted expenses for 2024 were $11.33 billion[34] - The net charge-off ratio for 2024 was 0.59%[18] Digital Growth - Active mobile app users increased to over 5 million, up 1% linked quarter[20] - Digital account production increased by 13% year-over-year[29] - New household acquisition increased by 31% year-over-year[29] Balance Sheet and Portfolio - Average deposits increased 3% vs 3Q24[20] - End-of-period commercial loans increased by 0.5% vs 3Q24[20] - The CET1 ratio increased 140 bps vs 12/31/23 to 11.5%[67]