Truist Financial (TFC) Minority Interest (2009 - 2024)
Truist Financial (TFC) recorded Minority Interest of $232 million in Q1 2024, up 954.5% from $22 million a year earlier and up 52.6% from the prior quarter.
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Analysis
Truist Financial (TFC) Minority Interest (2009 - 2024) Analysis & Trends
At the end of FY2023, Truist Financial reported Minority Interest of $152 million, up 560.9% from FY2022.
- Annual Minority Interest has a five-year compound annual growth rate of 22.1% (FY2018 to FY2023).
- Across earlier years, Minority Interest came in at $23 million in FY2022, $105 million in FY2020 (-39.7%) and $174 million in FY2019 (+210.7%).
- The Q1 2024 figure is the highest quarterly Minority Interest in data going back to Q2 2009.
- On a year-over-year basis, Minority Interest has increased for four consecutive quarters, with growth averaging 536.6% over the last five quarters.
- Peak year-over-year performance for Minority Interest in the last five years was growth of 954.5% in Q1 2024, against a decline of 39.7% in Q4 2020 at the low end.
- Per Business Quant, the preceding three quarters came in at $152 million (Q4 2023), $167 million (Q3 2023) and $155 million (Q2 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 890.60 Bn | 920.07 Bn | - |
| 2 | Banco Santander Chile | 421.74 Bn | 541.68 Bn | - |
| 3 | Bank Of America | 385.85 Bn | -1,990.22 Bn | - |
| 4 | Hsbc Holdings | 345.94 Bn | 345.99 Bn | - |
| 5 | Morgan Stanley | 303.15 Bn | -205.95 Bn | - |
| 6 | Royal Bank Of Canada | 279.82 Bn | 130.57 Bn | - |
| 7 | Mitsubishi Ufj Financial | 274.62 Bn | -1,313.87 Bn | 10.89 Bn |
| 8 | Goldman Sachs | 267.07 Bn | -3,290.04 Bn | - |
| 9 | Wells Fargo & Company | 243.79 Bn | 245.93 Bn | - |
| 10 | Truist Financial | 56.73 Bn | 56.73 Bn | - |
Historic Data
Download Data
Historic 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 |
API Access
Truist Financial Minority Interest API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=minority-interest&ticker=TFC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "minority-interest", "ticker": "TFC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=minority-interest&ticker=TFC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();