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
DateValue
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