Truist Financial (TFC) Deferred Taxes (2013 - 2016)

Truist Financial (TFC) reported Deferred Taxes of $7.0 million for Q4 2016, up 153.85% quarter-over-quarter from -$13.0 million in Q2 2016.

Truist Financial (TFC) Deferred Taxes (2013 - 2016) Analysis & Trends

Truist Financial has reported Deferred Taxes for 4 years, with the latest figure at $7.0 million 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 for Q4 2016 stood at $7.0 million, up from -$13.0 million in the prior quarter.
  • The five-year high for Deferred Taxes was $281.0 million in Q1 2013, with the low at -$209.0 million in Q4 2013.
  • Historically, Deferred Taxes has averaged $17.2 million across 4 years, with a median of -$3.0 million in 2014.
  • Annual changes were most pronounced in 2014 — Deferred Taxes jumped 98.56% — and 2015, when it slumped 864.29%.
  • Truist Financial's Deferred Taxes stood at -$209.0 million in 2013, then jumped by 98.56% to -$3.0 million in 2014, then sank by 3466.67% to -$107.0 million in 2015, then surged by 106.54% to $7.0 million in 2016.
  • The last three Deferred Taxes figures came in at $7.0 million (Q4 2016), -$13.0 million (Q2 2016), and -$107.0 million (Q2 2015), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - 3,357.00
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 - 671,000.00
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - -162,000.00
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 - -1.07 Mn
10 Truist Financial 64.50 Bn 64.50 Bn - -

Historic Data

Download Data
DateValue
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
Dec 31, 2013 -209.00 Mn
Sep 30, 2013 235.00 Mn
Mar 31, 2013 281.00 Mn