Truist Financial (TFC) Acquisitions (2010 - 2023)
Truist Financial (TFC) reported Acquisitions of $2.0 million for 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.
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.
- 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 for Q4 2023 stood at $2.0 million, down from $15.0 million in the prior quarter.
- The five-year high for Acquisitions was $3.3 billion in Q4 2022, with the low 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.
- Annual changes were most pronounced in 2020 — Acquisitions surged 5148.48% — and 2021, when it sank 1922.58%.
- Truist Financial's Acquisitions 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 tumbled by 99.94% to $2.0 million in 2023.
- The last three Acquisitions figures came in at $2.0 million (Q4 2023), $15.0 million (Q3 2023), and $3.3 billion (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | - |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | - |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Truist Financial | 64.50 Bn | 64.50 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 |