Truist Financial TFC
NYSE TFC
$48.53 +0.08 (+0.17%)
At close: Sep 18, 2026 · 4:00 PM EDT

Truist Financial (TFC) Income from Non-Controlling Interests (2009 - 2024)

Truist Financial's (TFC) quarterly Income from Non-Controlling Interests came in at $19.0 million in Q2 2024, down 47.22% on a YoY basis from $36.0 million in Q3 2023, and up 533.33% quarter-over-quarter from $3.0 million in Q1 2024.

Analysis

Truist Financial (TFC) Income from Non-Controlling Interests (2009 - 2024) Analysis & Trends

Truist Financial (TFC) has reported Income from Non-Controlling Interests for 16 consecutive years, with $19.0 million the latest figure, recorded in Q2 2024.

  • For the quarter ending Q2 2024, Income from Non-Controlling Interests fell 47.22% year-over-year to $19.0 million; the trailing twelve-month figure through Mar 2025 stood at $19.0 million (down 57.78% YoY), and the FY2024 full-year 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 per TFC's latest filing, from $3.0 million in the prior quarter.
  • Across five years, Income from Non-Controlling Interests topped out at $36.0 million in Q2 2023 and bottomed at -$4.0 million in Q1 2021.
  • Historically, Income from Non-Controlling Interests has averaged $5.3 million across 5 years, with a median of $3.0 million in 2020.
  • The sharpest annual moves came in 2021 and 2023: Income from Non-Controlling Interests slumped 233.33% in 2021, then jumped 3500.0% in 2023.
  • Over 5 years, Income from Non-Controlling Interests 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 surged by 500.0% to $6.0 million in 2023, then surged by 216.67% to $19.0 million in 2024.
  • According to Business Quant data, Income from Non-Controlling Interests over the past three periods registered $19.0 million, $3.0 million, and $6.0 million for Q2 2024, Q1 2024, and Q3 2023 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inc. Minority (Qtr)
1 Banco Santander Chile 424.88 Bn 544.83 Bn - 4.85 Bn
2 Truist Financial 59.29 Bn 59.29 Bn - -
3 Fifth Third Bancorp 47.98 Bn 24.26 Bn - -
4 M&T Bank 32.82 Bn 32.82 Bn - -
5 Huntington Bancshares 32.08 Bn 27.60 Bn - 4.00 Mn
6 Citizens Financial 28.34 Bn 28.34 Bn - -
7 Regions Financial 24.27 Bn 24.34 Bn - -
8 Keycorp 22.19 Bn -25.51 Bn - -
9 First Citizens Bancshares 21.93 Bn 21.41 Bn 29.00 Mn -
10 East West Bancorp 17.39 Bn 12.30 Bn - -
Historic Data

Historic Data

Download Data
DateValue
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