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

Truist Financial (TFC) has reported Research & Development for 6 consecutive years, with $28.0 million the latest figure, recorded 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 eased to $28.0 million in Q3 2019 per TFC's latest filing, from $29.0 million in the prior quarter.
• Across five years, Research & Development topped out at $63.0 million in Q3 2016 and bottomed at $19.0 million in Q4 2016.
• Historically, Research & Development has averaged $40.3 million across 5 years, with a median of $38.0 million in 2017.
• The sharpest annual moves came in 2016 and 2017: Research & Development tumbled 63.46% in 2016, then soared 100.0% in 2017.
• Over 5 years, Research & Development stood at $52.0 million in 2015, then sank by 63.46% to $19.0 million in 2016, then jumped by 100.0% to $38.0 million in 2017, then declined by 7.89% to $35.0 million in 2018, then declined by 20.0% to $28.0 million in 2019.
• According to Business Quant data, Research & Development over the past three periods registered $28.0 million, $29.0 million, and $30.0 million for Q3 2019, Q2 2019, and Q1 2019 respectively.