Truist Financial (TFC) Research & Development (2014 - 2019)

Truist Financial has reported Research & Development for 6 years, with the latest figure at $28.0 million in Q3 2019.

• For the quarter ending Q3 2019, Research & Development fell 15.15% year-over-year to $28.0 million; the trailing twelve-month figure through Sep 2019 stood at $122.0 million (down 9.63% YoY), and the FY2018 full-year result was $132.0 million, down 17.5% from the prior year.
• Research & Development for Q3 2019 stood at $28.0 million, down from $29.0 million in the prior quarter.
• The five-year high for Research & Development was $53.0 million in Q2 2016, with the low at $19.0 million in Q4 2016.
• Historically, Research & Development has averaged $37.9 million across 5 years, with a median of $35.0 million in 2018.
• Annual changes were most pronounced in 2016 — Research & Development slumped 63.46% — and 2017, when it surged 100.0%.
• Truist Financial's Research & Development stood at $52.0 million in 2015, then tumbled by 63.46% to $19.0 million in 2016, then surged by 100.0% to $38.0 million in 2017, then slipped by 7.89% to $35.0 million in 2018, then slipped by 20.0% to $28.0 million in 2019.
• The last three Research & Development figures came in at $28.0 million (Q3 2019), $29.0 million (Q2 2019), and $30.0 million (Q1 2019), per Business Quant data.