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
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