Truist Financial (TFC) Mortgage Banking (2009 - 2018)
Truist Financial's (TFC) quarterly Mortgage Banking came in at $99.0 million in Q1 2018, down 3.88% on a YoY basis from $103.0 million in Q1 2017, and down 4.81% quarter-over-quarter from $104.0 million in Q4 2017.
Analysis
Truist Financial (TFC) Mortgage Banking (2009 - 2018) Analysis & Trends
Truist Financial (TFC) has reported Mortgage Banking for 10 consecutive years, with $99.0 million the latest figure, recorded in Q1 2018.
- For the quarter ending Q1 2018, Mortgage Banking fell 3.88% year-over-year to $99.0 million; the trailing twelve-month figure through Mar 2018 stood at $411.0 million (down 7.01% YoY), and the FY2017 full-year result was $415.0 million, down 10.37% from the prior year.
- Mortgage Banking slipped to $99.0 million in Q1 2018 per TFC's latest filing, from $104.0 million in the prior quarter.
- Across five years, Mortgage Banking topped out at $356.0 million in Q3 2016 and bottomed at $74.0 million in Q1 2014.
- Historically, Mortgage Banking has averaged $145.3 million across 5 years, with a median of $107.0 million in 2014.
- The sharpest annual moves came in 2015 and 2017: Mortgage Banking soared 228.04% in 2015, then sank 67.98% in 2017.
- Over 5 years, Mortgage Banking stood at $128.0 million in 2014, then decreased by 18.75% to $104.0 million in 2015, then grew by 2.88% to $107.0 million in 2016, then retreated by 2.8% to $104.0 million in 2017, then fell by 4.81% to $99.0 million in 2018.
- According to Business Quant data, Mortgage Banking over the past three periods registered $99.0 million, $104.0 million, and $114.0 million for Q1 2018, Q4 2017, and Q3 2017 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.96 Bn | 948.96 Bn | - |
| 2 | Truist Financial | 61.64 Bn | 61.64 Bn | - |
| 3 | Fifth Third Bancorp | 49.62 Bn | 25.89 Bn | - |
| 4 | M&T Bank | 34.88 Bn | 34.88 Bn | - |
| 5 | Huntington Bancshares | 33.82 Bn | 29.29 Bn | - |
| 6 | Citizens Financial | 29.46 Bn | 29.46 Bn | - |
| 7 | Regions Financial | 25.57 Bn | 25.57 Bn | - |
| 8 | First Citizens Bancshares | 25.00 Bn | 24.48 Bn | 29.00 Mn |
| 9 | Keycorp | 23.27 Bn | -24.42 Bn | - |
| 10 | East West Bancorp | 17.78 Bn | 12.69 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2018 | 99.00 Mn |
| Dec 31, 2017 | 104.00 Mn |
| Sep 30, 2017 | 114.00 Mn |
| Jun 30, 2017 | 94.00 Mn |
| Mar 31, 2017 | 103.00 Mn |
| Dec 31, 2016 | 107.00 Mn |
| Sep 30, 2016 | 356.00 Mn |
| Jun 30, 2016 | 202.00 Mn |
| Mar 31, 2016 | 91.00 Mn |
| Dec 31, 2015 | 104.00 Mn |
| Sep 30, 2015 | 351.00 Mn |
| Jun 30, 2015 | 240.00 Mn |
| Mar 31, 2015 | 110.00 Mn |
| Dec 31, 2014 | 128.00 Mn |
| Sep 30, 2014 | 107.00 Mn |
| Jun 30, 2014 | 86.00 Mn |
| Mar 31, 2014 | 74.00 Mn |
| Dec 31, 2013 | 100.00 Mn |
| Sep 30, 2013 | 117.00 Mn |
| Jun 30, 2013 | 168.00 Mn |