Truist Financial (TFC) Restructuring Costs (2009 - 2025)
Truist Financial's (TFC) quarterly Restructuring Costs came in at $27.0 million in Q3 2025, up 8.0% on a YoY basis from $25.0 million in Q3 2024, and down 3.57% quarter-over-quarter from $28.0 million in Q2 2025.
Analysis
Truist Financial (TFC) Restructuring Costs (2009 - 2025) Analysis & Trends
Truist Financial (TFC) has reported Restructuring Costs for 17 consecutive years, with $27.0 million the latest figure, recorded in Q3 2025.
- For the quarter ending Q3 2025, Restructuring Costs rose 8.0% year-over-year to $27.0 million; the trailing twelve-month figure through Sep 2025 stood at $104.0 million (down 60.61% YoY), and the FY2024 full-year result was $120.0 million, down 62.5% from the prior year.
- Restructuring Costs declined to $27.0 million in Q3 2025 per TFC's latest filing, from $28.0 million in the prior quarter.
- Across five years, Restructuring Costs topped out at $297.0 million in Q2 2021 and bottomed at $11.0 million in Q4 2024.
- Historically, Restructuring Costs has averaged $95.8 million across 5 years, with a median of $61.0 million in 2023.
- The sharpest annual moves came in 2023 and 2024: Restructuring Costs soared 131.34% in 2023, then sank 92.9% in 2024.
- Over 5 years, Restructuring Costs stood at $212.0 million in 2021, then sank by 68.4% to $67.0 million in 2022, then surged by 131.34% to $155.0 million in 2023, then tumbled by 92.9% to $11.0 million in 2024, then surged by 145.45% to $27.0 million in 2025.
- According to Business Quant data, Restructuring Costs over the past three periods registered $27.0 million, $28.0 million, and $38.0 million for Q3 2025, Q2 2025, and Q1 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Banco Santander Chile | 953.54 Bn | 953.54 Bn | - |
| 2 | Truist Financial | 61.08 Bn | 61.08 Bn | - |
| 3 | Fifth Third Bancorp | 49.19 Bn | 25.46 Bn | - |
| 4 | M&T Bank | 34.47 Bn | 34.47 Bn | - |
| 5 | Huntington Bancshares | 33.40 Bn | 28.88 Bn | - |
| 6 | Citizens Financial | 29.11 Bn | 29.11 Bn | - |
| 7 | Regions Financial | 25.29 Bn | 25.29 Bn | - |
| 8 | First Citizens Bancshares | 24.56 Bn | 24.04 Bn | 29.00 Mn |
| 9 | Keycorp | 23.09 Bn | -24.60 Bn | - |
| 10 | East West Bancorp | 17.53 Bn | 12.44 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 27.00 Mn |
| Jun 30, 2025 | 28.00 Mn |
| Mar 31, 2025 | 38.00 Mn |
| Dec 31, 2024 | 11.00 Mn |
| Sep 30, 2024 | 25.00 Mn |
| Jun 30, 2024 | 33.00 Mn |
| Mar 31, 2024 | 51.00 Mn |
| Dec 31, 2023 | 155.00 Mn |
| Sep 30, 2023 | 61.00 Mn |
| Jun 30, 2023 | 48.00 Mn |
| Mar 31, 2023 | 56.00 Mn |
| Dec 31, 2022 | 67.00 Mn |
| Sep 30, 2022 | 62.00 Mn |
| Jun 30, 2022 | 121.00 Mn |
| Mar 31, 2022 | 216.00 Mn |
| Dec 31, 2021 | 212.00 Mn |
| Sep 30, 2021 | 172.00 Mn |
| Jun 30, 2021 | 297.00 Mn |
| Mar 31, 2021 | 141.00 Mn |
| Dec 31, 2020 | 308.00 Mn |