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
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