Truist Financial (TFC) Acquisitions (2010 - 2023)

Truist Financial (TFC) posted Acquisitions of $2.0 million for Q4 2023, down 86.67% on a QoQ basis from $15.0 million in Q3 2023, and down 99.94% year-over-year from $3.3 billion in Q4 2022.

Truist Financial (TFC) Acquisitions (2010 - 2023) Analysis & Trends

Truist Financial's Acquisitions history runs 12 years deep, the most recent figure standing at $2.0 million for Q4 2023.

  • Quarterly Acquisitions fell 99.94% year-over-year to $2.0 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $17.0 million (down 99.64% YoY) and the FY2023 annual result came in at $17.0 million, down 99.64% from the prior year.
  • Acquisitions was $2.0 million for Q4 2023 at Truist Financial, down from $15.0 million in the prior quarter.
  • Across five years, Acquisitions topped out at $3.3 billion in Q4 2022 and bottomed 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.
  • Annual changes were most pronounced in 2020 — Acquisitions surged 5148.48% — and 2021, when it plunged 1922.58%.
  • Truist Financial's Acquisitions stood at -$6.3 billion in 2019, then soared by 109.99% to $628.0 million in 2020, then soared by 222.93% to $2.0 billion in 2021, then jumped by 65.09% to $3.3 billion in 2022, then sank by 99.94% to $2.0 million in 2023.
  • Business Quant data shows TFC's Acquisitions at $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 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 -472.11 Mn
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - -
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 -
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn -
5 Mizuho Financial 385.64 Bn 389.59 Bn - -
6 Lloyds Banking 358.14 Bn 358.14 Bn - -
7 First Capital 200.03 Bn 199.69 Bn - -
8 Landmark Bancorp 187.97 Bn 187.94 Bn - -
9 Pnc Financial Services 100.96 Bn 101.01 Bn - 80.00 Mn
10 Truist Financial 63.79 Bn 63.79 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