Truist Financial Corporation reported its fourth-quarter fiscal 2024 earnings, revealing an adjusted earnings per share (EPS) of $0.91, which exceeded analysts' estimates of $0.88. The company's revenue for the quarter was $5.11 billion, surpassing expectations by $51 million, although it represented an 11.21% decline year-over-year. Truist also reported a net income of $1.28 billion and noted a 1.5% quarter-over-quarter growth in average deposits. The positive earnings report contributed to a 3.4% increase in Truist's stock price in pre-market trading. Other companies reporting earnings on January 17, 2025, included Schlumberger, Fastenal, Regions Financial, and State Street Corporation, with varying results in their respective earnings reports.