Truist Financial (TFC) Change in Accured Expenses (2010 - 2017)
Truist Financial's (TFC) quarterly Change in Accured Expenses came in at $412.0 million in Q2 2017, up 1148.48% on a YoY basis from $33.0 million in Q2 2016, and up 276.82% quarter-over-quarter from -$233.0 million in Q1 2017.
Analysis
Truist Financial (TFC) Change in Accured Expenses (2010 - 2017) Analysis & Trends
Truist Financial (TFC) has reported Change in Accured Expenses for 8 consecutive years, with $412.0 million the latest figure, recorded in Q2 2017.
- For the quarter ending Q2 2017, Change in Accured Expenses rose 1148.48% year-over-year to $412.0 million; the trailing twelve-month figure through Jun 2017 stood at $83.0 million (down 77.26% YoY), and the FY2016 full-year result was $186.0 million, down 29.28% from the prior year.
- Change in Accured Expenses improved to $412.0 million in Q2 2017 per TFC's latest filing, from -$233.0 million in the prior quarter.
- Across five years, Change in Accured Expenses topped out at $931.0 million in Q4 2014 and bottomed at -$848.0 million in Q3 2013.
- Historically, Change in Accured Expenses has averaged -$10.4 million across 5 years, with a median of -$5.5 million in 2015.
- The sharpest annual moves came in 2013 and 2017: Change in Accured Expenses sank 224.9% in 2013, then surged 1148.48% in 2017.
- Over 5 years, Change in Accured Expenses stood at $264.0 million in 2013, then jumped by 252.65% to $931.0 million in 2014, then tumbled by 67.24% to $305.0 million in 2015, then dropped by 0.33% to $304.0 million in 2016, then soared by 35.53% to $412.0 million in 2017.
- According to Business Quant data, Change in Accured Expenses over the past three periods registered $412.0 million, -$233.0 million, and $304.0 million for Q2 2017, Q1 2017, and Q4 2016 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 941.69 Bn | 941.69 Bn | - | - |
| 2 | Truist Financial | 61.79 Bn | 61.79 Bn | - | - |
| 3 | Fifth Third Bancorp | 49.90 Bn | 26.18 Bn | - | - |
| 4 | M&T Bank | 34.97 Bn | 34.97 Bn | - | - |
| 5 | Huntington Bancshares | 34.15 Bn | 29.62 Bn | - | - |
| 6 | Citizens Financial | 29.74 Bn | 29.74 Bn | - | 130.00 Mn |
| 7 | Regions Financial | 25.70 Bn | 25.70 Bn | - | 403.00 Mn |
| 8 | First Citizens Bancshares | 25.10 Bn | 24.58 Bn | 29.00 Mn | 233.00 Mn |
| 9 | Keycorp | 23.34 Bn | -24.35 Bn | - | -9.00 Mn |
| 10 | East West Bancorp | 17.77 Bn | 12.68 Bn | - | 41.53 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2017 | 412.00 Mn |
| Mar 31, 2017 | -233.00 Mn |
| Dec 31, 2016 | 304.00 Mn |
| Sep 30, 2016 | -400.00 Mn |
| Jun 30, 2016 | 33.00 Mn |
| Mar 31, 2016 | 249.00 Mn |
| Dec 31, 2015 | 305.00 Mn |
| Sep 30, 2015 | -222.00 Mn |
| Jun 30, 2015 | 224.00 Mn |
| Mar 31, 2015 | -44.00 Mn |
| Dec 31, 2014 | 931.00 Mn |
| Sep 30, 2014 | -376.00 Mn |
| Jun 30, 2014 | -400.00 Mn |
| Mar 31, 2014 | -159.00 Mn |
| Dec 31, 2013 | 264.00 Mn |
| Sep 30, 2013 | -848.00 Mn |
| Jun 30, 2013 | 522.00 Mn |
| Mar 31, 2013 | -750.00 Mn |
| Dec 31, 2012 | -92.00 Mn |
| Sep 30, 2012 | -261.00 Mn |