Truist Financial (TFC) Asset Writedowns and Impairment (2010 - 2015)

Truist Financial (TFC) has reported Asset Writedowns and Impairment for 5 consecutive years, with $2.0 million the latest figure, recorded in Q2 2015.

• For the quarter ending Q2 2015, Asset Writedowns and Impairment changed N/A year-over-year to $2.0 million; the trailing twelve-month figure through Dec 2015 stood at $2.0 million (down 91.3% YoY), and the FY2015 full-year result was $2.0 million, down 91.3% from the prior year.
• Asset Writedowns and Impairment fell to $2.0 million in Q2 2015 per TFC's latest filing, from $23.0 million in the prior quarter.
• Across five years, Asset Writedowns and Impairment topped out at $23.0 million in Q1 2014 and bottomed at $1.0 million in Q1 2011.
• Historically, Asset Writedowns and Impairment has averaged $6.5 million across 4 years, with a median of $3.5 million in 2011.
• The widest YoY moves for Asset Writedowns and Impairment: up 250.0% in 2011, down 96.15% in 2011.
• Over 4 years, Asset Writedowns and Impairment stood at $4.0 million in 2011, then plunged by 50.0% to $2.0 million in 2012, then jumped by 1050.0% to $23.0 million in 2014, then plunged by 91.3% to $2.0 million in 2015.
• According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $2.0 million, $23.0 million, and $2.0 million for Q2 2015, Q1 2014, and Q2 2012 respectively.