Truist Financial (TFC) Income from Non-Controlling Interests (2009 - 2024)
Truist Financial (TFC) posted Income from Non-Controlling Interests of $19.0 million for Q2 2024, up 533.33% on a QoQ basis from $3.0 million in Q1 2024, and down 47.22% year-over-year from $36.0 million in Q3 2023.
Truist Financial (TFC) Income from Non-Controlling Interests (2009 - 2024) Analysis & Trends
Truist Financial's Income from Non-Controlling Interests history runs 16 years deep, the most recent figure standing at $19.0 million for Q2 2024.
- Quarterly Income from Non-Controlling Interests fell 47.22% year-over-year to $19.0 million in Q2 2024, while the trailing twelve-month figure through Mar 2025 was $19.0 million (down 57.78% YoY) and the FY2024 annual result came in at $22.0 million, down 50.0% from the prior year.
- Income from Non-Controlling Interests was $19.0 million for Q2 2024 at Truist Financial, up 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.
- 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.
- Annual changes were most pronounced in 2021 — Income from Non-Controlling Interests plunged 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 surged by 500.0% to $6.0 million in 2023, then surged by 216.67% to $19.0 million in 2024.
- Business Quant data shows TFC's Income from Non-Controlling Interests at $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 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | -41,815.61 |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | - |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | - |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | 2.70 Mn |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | 1.05 Bn |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | 32.36 Mn |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 3,000.00 |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | - |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 12.00 Mn |
| 10 | Truist Financial | 63.79 Bn | 63.79 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 |