Truist Financial (TFC) Amortizatization of Intangibles (2010 - 2023)
Truist Financial (TFC) reported Amortizatization of Intangibles of $130.0 million for Q4 2023, down 20.25% on a YoY basis from $163.0 million in Q4 2022, and little changed quarter-over-quarter from $130.0 million in Q3 2023.
Truist Financial (TFC) Amortizatization of Intangibles (2010 - 2023) Analysis & Trends
Truist Financial has reported Amortizatization of Intangibles for 14 years, with the latest figure at $130.0 million in Q4 2023.
- For the quarter ending Q4 2023, Amortizatization of Intangibles fell 20.25% year-over-year to $130.0 million; the trailing twelve-month figure through Dec 2023 stood at $527.0 million (down 9.61% YoY), and the FY2023 full-year result was $527.0 million, down 9.61% from the prior year.
- Amortizatization of Intangibles for Q4 2023 stood at $130.0 million, roughly flat from $130.0 million in the prior quarter.
- The five-year high for Amortizatization of Intangibles was $178.0 million in Q2 2020, with the low at $29.0 million in Q3 2019.
- Historically, Amortizatization of Intangibles has averaged $126.6 million across 5 years, with a median of $141.0 million in 2021.
- Annual changes were most pronounced in 2020 — Amortizatization of Intangibles surged 486.21% — and 2023, when it decreased 20.25%.
- Truist Financial's Amortizatization of Intangibles stood at $71.0 million in 2019, then jumped by 142.25% to $172.0 million in 2020, then dropped by 16.86% to $143.0 million in 2021, then advanced by 13.99% to $163.0 million in 2022, then slipped by 20.25% to $130.0 million in 2023.
- The last three Amortizatization of Intangibles figures came in at $130.0 million (Q4 2023), $130.0 million (Q3 2023), and $131.0 million (Q2 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Amortizatization of Intangibles (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 | - | -114,000.00 |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 228,000.00 |
| 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 | 130.00 Mn |
| Dec 31, 2023 | 130.00 Mn |
| Sep 30, 2023 | 130.00 Mn |
| Sep 30, 2023 | 130.00 Mn |
| Jun 30, 2023 | 131.00 Mn |
| Jun 30, 2023 | 131.00 Mn |
| Mar 31, 2023 | 136.00 Mn |
| Mar 31, 2023 | 136.00 Mn |
| Dec 31, 2022 | 163.00 Mn |
| Dec 31, 2022 | 163.00 Mn |
| Sep 30, 2022 | 140.00 Mn |
| Sep 30, 2022 | 140.00 Mn |
| Jun 30, 2022 | 143.00 Mn |
| Jun 30, 2022 | 143.00 Mn |
| Mar 31, 2022 | 137.00 Mn |
| Mar 31, 2022 | 137.00 Mn |
| Dec 31, 2021 | 143.00 Mn |
| Dec 31, 2021 | 143.00 Mn |
| Sep 30, 2021 | 145.00 Mn |
| Sep 30, 2021 | 145.00 Mn |