Truist Financial TFC
NYSE TFC
$50.15 -0.40 (-0.79%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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