Truist Financial (TFC) Minority Interest (2009 - 2024)

Truist Financial (TFC) reported Minority Interest of $232.0 million for Q1 2024, up 954.55% on a YoY basis from $22.0 million in Q2 2023, and up 52.63% quarter-over-quarter 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.

  • For the quarter ending Q1 2024, Minority Interest rose 954.55% year-over-year to $232.0 million; the trailing twelve-month figure through Mar 2024 stood at $232.0 million (up 954.55% YoY), and the FY2023 full-year result was $152.0 million, up 560.87% from the prior year.
  • Minority Interest for Q1 2024 stood at $232.0 million, up from $152.0 million in the prior quarter.
  • The five-year high for Minority Interest was $232.0 million in Q1 2024, with the low at $22.0 million in Q1 2023.
  • Historically, Minority Interest has averaged $100.4 million across 4 years, with a median of $106.0 million in 2020.
  • Annual changes were most pronounced in 2020 — Minority Interest sank 39.66% — and 2024, when it surged 954.55%.
  • Truist Financial's Minority Interest stood at $105.0 million in 2020, then tumbled 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.
  • The last three Minority Interest figures came in at $232.0 million (Q1 2024), $152.0 million (Q4 2023), and $167.0 million (Q3 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn -
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn -
3 Lloyds Banking 384.13 Bn 384.40 Bn -
4 First Capital 215.78 Bn 215.63 Bn -
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 -
8 Shinhan Financial 136.54 Bn 104.11 Bn -
9 Mizuho Financial 112.02 Bn 112.56 Bn -
10 Truist Financial 64.50 Bn 64.50 Bn -

Historic Data

Download Data
DateValue
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