Truist Financial (TFC) Restructuring Costs (2009 - 2025)
Truist Financial's Restructuring Costs came in at $27 million for Q3 2025, up 8.0% from $25 million a year earlier but down 3.6% from the prior quarter.
Truist Financial (TFC) Restructuring Costs (2009 - 2025) Analysis & Trends
Over the trailing twelve months to Sep 30, 2025, Truist Financial reported Restructuring Costs of $104 million, down 60.6% year-over-year; for FY2024, it came in at $120 million, down 62.5% from FY2023.
- Restructuring Costs has declined in each of the last four years, with a five-year compound annual growth rate of -19.7% (FY2019 to FY2024).
- Going back by year, Restructuring Costs was $320 million in FY2023 (-31.3%), $466 million in FY2022 (-43.3%), $822 million in FY2021 (-4.4%) and $860 million in FY2020 (+138.9%).
- The five-year range for quarterly Restructuring Costs is $11 million (Q4 2024) to $308 million (Q4 2020).
- Year-over-year, Restructuring Costs increased in two of the last eight quarters, with an average decline of 11.7%.
- The fastest year-over-year change in Restructuring Costs over five years came in Q4 2023 (growth of 131.3%), and the weakest in Q4 2024 (a decline of 92.9%).
- Business Quant data shows TFC's Restructuring Costs at $28 million (Q2 2025), $38 million (Q1 2025) and $11 million (Q4 2024) in the three quarters before Q3 2025.
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
| 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 |
Truist Financial Restructuring Costs 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=restructuring-costs&ticker=TFC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "restructuring-costs", "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=restructuring-costs&ticker=TFC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();