Truist Financial (TFC) Income from Non-Controlling Interests (2009 - 2024)
Truist Financial (TFC) reported Income from Non-Controlling Interests of $19.0 million for 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.
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.
- 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 for Q2 2024 stood at $19.0 million, up from $3.0 million in the prior quarter.
- The five-year high for Income from Non-Controlling Interests was $36.0 million in Q2 2023, with the low 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.
- Annual changes were most pronounced in 2021 — Income from Non-Controlling Interests sank 233.33% — and 2023, when it soared 3500.0%.
- Truist Financial's 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 soared by 500.0% to $6.0 million in 2023, then soared by 216.67% to $19.0 million in 2024.
- The last three Income from Non-Controlling Interests figures came in at $19.0 million (Q2 2024), $3.0 million (Q1 2024), and $6.0 million (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inc. Minority (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | 2.00 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | 32.36 Mn |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 3,000.00 |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | - |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | 2.70 Mn |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 1.65 Bn |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Truist Financial | 64.50 Bn | 64.50 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 |