Truist Financial TFC
NYSE TFC
$50.26 -0.72 (-1.41%)
At close: Aug 20, 2026 · 4:00 PM EDT

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
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