Truist Financial (TFC) Income from Non-Controlling Interests (2009 - 2024)
Truist Financial (TFC) posted quarterly Income from Non-Controlling Interests of $19.0 million for Q2 2024, down 47.22% year-over-year from $36.0 million in Q3 2023, and up 533.33% on a QoQ basis from $3.0 million in Q1 2024.
Truist Financial (TFC) Income from Non-Controlling Interests (2009 - 2024) Analysis & Trends
Truist Financial has reported Income from Non-Controlling Interests for 16 years, with the latest figure at $19.0 million in Q2 2024.
- Income from Non-Controlling Interests for Q2 2024 came in at $19.0 million, down 47.22% year-over-year; the trailing twelve-month figure through Mar 2025 was $19.0 million (down 57.78% YoY), and the FY2024 annual result was $22.0 million, down 50.0% from the prior year.
- Income from Non-Controlling Interests advanced to $19.0 million in Q2 2024, from $3.0 million in the prior quarter.
- Over five years, Income from Non-Controlling Interests peaked at $36.0 million in Q2 2023 and troughed at -$4.0 million in Q1 2021.
- A 5-year average of $5.3 million and a median of $3.0 million in 2020 frame the typical range for Income from Non-Controlling Interests.
- The widest annual swing landed in 2021, when Income from Non-Controlling Interests plunged 233.33%; it then soared 3500.0% in 2023.
- A 5-year view of Income from Non-Controlling Interests shows it stood at $1.0 million in 2020, then changed by 0.0% to $1.0 million in 2021, then changed by 0.0% to $1.0 million in 2022, then soared by 500.0% to $6.0 million in 2023, then soared by 216.67% to $19.0 million in 2024.
- Per Business Quant data, the three most recent Income from Non-Controlling Interests figures were $19.0 million in Q2 2024, $3.0 million in Q1 2024, and $6.0 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inc. Minority (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 15.00 Mn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 6.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | 45.62 Mn |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -8.05 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 63.93 Mn |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | 890,000.00 |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | - |
| 10 | Itau Unibanco Holding | 42.02 Bn | 43.71 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 19.00 Mn |
| Mar 31, 2024 | 3.00 Mn |
| Sep 30, 2023 | 6.00 Mn |
| Jun 30, 2023 | 36.00 Mn |
| Mar 31, 2023 | 2.00 Mn |
| Dec 31, 2022 | 1.00 Mn |
| Sep 30, 2022 | 4.00 Mn |
| Jun 30, 2022 | 1.00 Mn |
| Mar 31, 2022 | 1.00 Mn |
| Jun 30, 2021 | 1.00 Mn |
| Mar 31, 2021 | -4.00 Mn |
| Dec 31, 2020 | 1.00 Mn |
| Sep 30, 2020 | 3.00 Mn |
| Jun 30, 2020 | 3.00 Mn |
| Mar 31, 2020 | 3.00 Mn |
| Dec 31, 2019 | 5.00 Mn |
| Sep 30, 2019 | 3.00 Mn |
| Jun 30, 2019 | -1.00 Mn |
| Mar 31, 2019 | 6.00 Mn |
| Dec 31, 2018 | 7.00 Mn |