Truist Financial (TFC) Acquisitions (2010 - 2023)
Truist Financial's (TFC) quarterly Acquisitions came in at $2.0 million in Q4 2023, down 99.94% on a YoY basis from $3.3 billion in Q4 2022, and down 86.67% quarter-over-quarter from $15.0 million in Q3 2023.
Analysis
Truist Financial (TFC) Acquisitions (2010 - 2023) Analysis & Trends
Truist Financial (TFC) has reported Acquisitions for 12 consecutive years, with $2.0 million the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, Acquisitions fell 99.94% year-over-year to $2.0 million; the trailing twelve-month figure through Dec 2023 stood at $17.0 million (down 99.64% YoY), and the FY2023 full-year result was $17.0 million, down 99.64% from the prior year.
- Acquisitions fell to $2.0 million in Q4 2023 per TFC's latest filing, 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.
- Historically, Acquisitions has averaged $167.4 million across 5 years, with a median of $62.0 million in 2020.
- The sharpest annual moves came in 2020 and 2021: Acquisitions soared 5148.48% in 2020, then slumped 1922.58% in 2021.
- Over 5 years, 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.
- According to Business Quant data, Acquisitions over the past three periods registered $2.0 million, $15.0 million, and $3.3 billion for Q4 2023, Q3 2023, and Q4 2022 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | - |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | - |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | - |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | - |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | - |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | - |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | - |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | - |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | - |
| 10 | East West Bancorp | 17.62 Bn | 12.53 Bn | - | - |
Historic Data
Download Data
Historic 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 |