$Truist Financial (TFC.US)$A usa company listed in 1985, ope...

Revenue surged by 80.7% in 2020 over the past 5 years, followed by little change in the next three years. Significant acquisitions were made in 2019 based on goodwill, indicating the result of the acquisitions. In 2023, a loss of 1.05 billion was incurred due to the impairment of 6.078 billion in capital assets, likely a consequence of this acquisition, which was only revealed after 4 years. Vigilance must be maintained for large-scale acquisitions. The average net profit over the past 4 years is 4.04 billion, with the net profit of minority shareholders being negligible. The return on equity was 10.2% in 2022 and -2.7% in 2023.

Over the past 5 years, the asset-liability ratio increased from 85.9% to 88.9%. Goodwill and other intangible assets amount to 27.439 billion, accounting for 46.3% of the net assets of 59.253 billion. Common stock capital slightly decreased.

Currently, the P/E ratio is negative, with an average net profit corresponding to a P/E ratio of 12.1 over 4 years, a P/B ratio of 0.93, and a dividend yield of 5.7%. The dividend has been steadily growing for nearly 10 years. The valuation does not appear very attractive.