Truist Financial (TFC) Acquisitions (2009 - 2023)
Truist Financial (TFC) reported Acquisitions of $2 million for Q4 2023, down 99.9% from $3.35 billion a year earlier and down 86.7% from the prior quarter.
Analysis
Truist Financial (TFC) Acquisitions (2009 - 2023) Analysis & Trends
For FY2023, Truist Financial posted Acquisitions of $17 million, down 99.6% from FY2022.
- Acquisitions has a five-year compound annual growth rate of -43.5% (FY2018 to FY2023).
- By year, Acquisitions came in at $4.67 billion in FY2022 (+185.3%), $1.64 billion in FY2021 (-32.8%), $2.44 billion in FY2020 and -$6.26 billion in FY2019.
- The Q4 2023 figure ranks as the lowest quarterly Acquisitions since Q1 2021.
- Year over year, Acquisitions gained in two of the last four quarters, with an average decline of 30.6%.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | - |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | - |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - | - |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - | - |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - | - |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | - |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | - |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | - |
| 10 | Truist Financial | 60.24 Bn | 60.24 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 |
API Access
Truist Financial Acquisitions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=acquisitions&ticker=TFC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "acquisitions", "ticker": "TFC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=acquisitions&ticker=TFC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();