Truist Financial (TFC) Deferred Taxes (2013 - 2016)
Truist Financial's (TFC) quarterly Deferred Taxes came in at $7.0 million in Q4 2016, up 153.85% quarter-over-quarter from -$13.0 million in Q2 2016.
Analysis
Truist Financial (TFC) Deferred Taxes (2013 - 2016) Analysis & Trends
Truist Financial (TFC) has reported Deferred Taxes for 4 consecutive years, with $7.0 million the latest figure, recorded in Q4 2016.
- For the quarter ending Q4 2016, Deferred Taxes changed N/A year-over-year to $7.0 million; the trailing twelve-month figure through Dec 2016 stood at -$6.0 million (up 94.55% YoY), and the FY2016 full-year result was -$6.0 million, up 94.39% from the prior year.
- Deferred Taxes rose to $7.0 million in Q4 2016 per TFC's latest filing, from -$13.0 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $281.0 million in Q1 2013 and bottomed at -$107.0 million in Q2 2015.
- Historically, Deferred Taxes has averaged $45.5 million across 4 years, with a median of $2.0 million in 2014.
- The sharpest annual moves came in 2015 and 2016: Deferred Taxes tumbled 864.29% in 2015, then jumped 87.85% in 2016.
- Over 4 years, Deferred Taxes stood at $235.0 million in 2013, then sank by 101.28% to -$3.0 million in 2014, then tumbled by 3466.67% to -$107.0 million in 2015, then jumped by 106.54% to $7.0 million in 2016.
- According to Business Quant data, Deferred Taxes over the past three periods registered $7.0 million, -$13.0 million, and -$107.0 million for Q4 2016, Q2 2016, and Q2 2015 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.96 Bn | 948.96 Bn | - | - |
| 2 | Truist Financial | 61.64 Bn | 61.64 Bn | - | - |
| 3 | Fifth Third Bancorp | 49.62 Bn | 25.89 Bn | - | - |
| 4 | M&T Bank | 34.88 Bn | 34.88 Bn | - | 16.00 Mn |
| 5 | Huntington Bancshares | 33.82 Bn | 29.29 Bn | - | -120.00 Mn |
| 6 | Citizens Financial | 29.46 Bn | 29.46 Bn | - | -58.00 Mn |
| 7 | Regions Financial | 25.57 Bn | 25.57 Bn | - | -157.00 Mn |
| 8 | First Citizens Bancshares | 25.00 Bn | 24.48 Bn | 29.00 Mn | 71.00 Mn |
| 9 | Keycorp | 23.27 Bn | -24.42 Bn | - | 2.00 Mn |
| 10 | East West Bancorp | 17.78 Bn | 12.69 Bn | - | 8.09 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2016 | 7.00 Mn |
| Jun 30, 2016 | -13.00 Mn |
| Jun 30, 2015 | -107.00 Mn |
| Dec 31, 2014 | -3.00 Mn |
| Sep 30, 2014 | -50.00 Mn |
| Jun 30, 2014 | 14.00 Mn |
| Sep 30, 2013 | 235.00 Mn |
| Mar 31, 2013 | 281.00 Mn |