Truist Financial TFC
NYSE TFC
$50.32 +0.17 (+0.34%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

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
Sep 30, 2013 235.00 Mn
Mar 31, 2013 281.00 Mn