Truist Financial (TFC) Acquisitions (2010 - 2023)
Truist Financial (TFC) posted Acquisitions of $2.0 million for Q4 2023, down 86.67% on a QoQ basis from $15.0 million in Q3 2023, and down 99.94% year-over-year from $3.3 billion in Q4 2022.
Truist Financial (TFC) Acquisitions (2010 - 2023) Analysis & Trends
Truist Financial's Acquisitions history runs 12 years deep, the most recent figure standing at $2.0 million for Q4 2023.
- Quarterly Acquisitions fell 99.94% year-over-year to $2.0 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $17.0 million (down 99.64% YoY) and the FY2023 annual result came in at $17.0 million, down 99.64% from the prior year.
- Acquisitions was $2.0 million for Q4 2023 at Truist Financial, down from $15.0 million in the prior quarter.
- Across five years, Acquisitions topped out at $3.3 billion in Q4 2022 and bottomed at -$6.3 billion in Q4 2019.
- A 5-year average of $167.4 million and a median of $62.0 million in 2020 frame the typical range for Acquisitions.
- Annual changes were most pronounced in 2020 — Acquisitions surged 5148.48% — and 2021, when it plunged 1922.58%.
- Truist Financial's Acquisitions stood at -$6.3 billion in 2019, then soared by 109.99% to $628.0 million in 2020, then soared by 222.93% to $2.0 billion in 2021, then jumped by 65.09% to $3.3 billion in 2022, then sank by 99.94% to $2.0 million in 2023.
- Business Quant data shows TFC's Acquisitions at $2.0 million in Q4 2023, $15.0 million in Q3 2023, and $3.3 billion in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | -472.11 Mn |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | - |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | - |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | - |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | - |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | - |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | - |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 80.00 Mn |
| 10 | Truist Financial | 63.79 Bn | 63.79 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 2.00 Mn |
| Sep 30, 2023 | 15.00 Mn |
| Dec 31, 2022 | 3.35 Bn |
| Sep 30, 2022 | 820.00 Mn |
| Jun 30, 2022 | 17.00 Mn |
| Mar 31, 2022 | 488.00 Mn |
| Dec 31, 2021 | 2.03 Bn |
| Sep 30, 2021 | 740.00 Mn |
| Mar 31, 2021 | -1.13 Bn |
| Dec 31, 2020 | 628.00 Mn |
| Sep 30, 2020 | 1.73 Bn |
| Jun 30, 2020 | 17.00 Mn |
| Mar 31, 2020 | 62.00 Mn |
| Dec 31, 2019 | -6.29 Bn |
| Sep 30, 2019 | 33.00 Mn |
| Dec 31, 2016 | -63.00 Mn |
| Jun 30, 2016 | 789.00 Mn |
| Dec 31, 2015 | 252.00 Mn |
| Sep 30, 2015 | 435.00 Mn |
| Jun 30, 2015 | 174.00 Mn |