Truist Financial (TFC) Minority Interest (2009 - 2024)
Truist Financial (TFC) posted quarterly Minority Interest of $232.0 million for Q1 2024, up 954.55% year-over-year from $22.0 million in Q2 2023, and up 52.63% on a QoQ basis from $152.0 million in Q4 2023.
Truist Financial (TFC) Minority Interest (2009 - 2024) Analysis & Trends
Truist Financial has reported Minority Interest for 15 years, with the latest figure at $232.0 million in Q1 2024.
- Minority Interest for Q1 2024 came in at $232.0 million, up 954.55% year-over-year; the trailing twelve-month figure through Mar 2024 was $232.0 million (up 954.55% YoY), and the FY2023 annual result was $152.0 million, up 560.87% from the prior year.
- Minority Interest climbed to $232.0 million in Q1 2024, from $152.0 million in the prior quarter.
- Over five years, Minority Interest peaked at $232.0 million in Q1 2024 and troughed at $22.0 million in Q1 2023.
- A 4-year average of $100.4 million and a median of $106.0 million in 2020 frame the typical range for Minority Interest.
- The widest annual swing landed in 2020, when Minority Interest plunged 39.66%; it then surged 954.55% in 2024.
- A 4-year view of Minority Interest shows it stood at $105.0 million in 2020, then sank by 78.1% to $23.0 million in 2022, then soared by 560.87% to $152.0 million in 2023, then surged by 52.63% to $232.0 million in 2024.
- Per Business Quant data, the three most recent Minority Interest figures were $232.0 million in Q1 2024, $152.0 million in Q4 2023, and $167.0 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - |
| 10 | Itau Unibanco Holding | 40.31 Bn | 42.00 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 232.00 Mn |
| Dec 31, 2023 | 152.00 Mn |
| Sep 30, 2023 | 167.00 Mn |
| Jun 30, 2023 | 155.00 Mn |
| Mar 31, 2023 | 22.00 Mn |
| Dec 31, 2022 | 23.00 Mn |
| Sep 30, 2022 | 23.00 Mn |
| Jun 30, 2022 | 24.00 Mn |
| Mar 31, 2022 | 23.00 Mn |
| Dec 31, 2020 | 105.00 Mn |
| Sep 30, 2020 | 106.00 Mn |
| Jun 30, 2020 | 106.00 Mn |
| Mar 31, 2020 | 167.00 Mn |
| Dec 31, 2019 | 174.00 Mn |
| Sep 30, 2019 | 69.00 Mn |
| Jun 30, 2019 | 61.00 Mn |
| Mar 31, 2019 | 60.00 Mn |
| Dec 31, 2018 | 56.00 Mn |
| Sep 30, 2018 | 59.00 Mn |
| Jun 30, 2018 | 52.00 Mn |