Truist Financial (TFC) Acquisitions (2010 - 2023)
Truist Financial (TFC) posted quarterly Acquisitions of $2.0 million for Q4 2023, down 99.94% year-over-year from $3.3 billion in Q4 2022, and down 86.67% on a QoQ basis from $15.0 million in Q3 2023.
Truist Financial (TFC) Acquisitions (2010 - 2023) Analysis & Trends
Truist Financial has reported Acquisitions for 12 years, with the latest figure at $2.0 million in Q4 2023.
- Acquisitions for Q4 2023 came in at $2.0 million, down 99.94% year-over-year; the trailing twelve-month figure through Dec 2023 was $17.0 million (down 99.64% YoY), and the FY2023 annual result was $17.0 million, down 99.64% from the prior year.
- Acquisitions fell to $2.0 million in Q4 2023, from $15.0 million in the prior quarter.
- Over five years, Acquisitions peaked at $3.3 billion in Q4 2022 and troughed 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.
- The widest annual swing landed in 2020, when Acquisitions surged 5148.48%; it then plunged 1922.58% in 2021.
- A 5-year view of Acquisitions shows it stood at -$6.3 billion in 2019, then jumped by 109.99% to $628.0 million in 2020, then jumped by 222.93% to $2.0 billion in 2021, then surged by 65.09% to $3.3 billion in 2022, then sank by 99.94% to $2.0 million in 2023.
- Per Business Quant data, the three most recent Acquisitions figures were $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 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | - |
| 10 | Itau Unibanco Holding | 40.31 Bn | 42.00 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 |