Truist Financial TFC
NYSE TFC
$46.29 -0.15 (-0.31%)
At close: Sep 30, 2026 · 4:00 PM EDT

Truist Financial (TFC) Restructuring Costs (2009 - 2025)

Updated

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.

Analysis

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 Set

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

Historic Data

Download Data
DateValue
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
API Access

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