Truist Financial (TFC) Service Charges (2009 - 2018)
Truist Financial (TFC) reported Service Charges of $165 million for Q1 2018, down 1.8% from $168 million a year earlier and down 9.8% from the prior quarter.
Truist Financial (TFC) Service Charges (2009 - 2018) Analysis & Trends
Over the twelve months ended Mar 31, 2018, Truist Financial's Service Charges came in at $703 million, up 3.7% year-over-year; for FY2017, it came in at $706 million, up 6.3% from FY2016.
- Service Charges has a five-year compound annual growth rate of 4.5% (FY2012 to FY2017).
- By year, Service Charges came in at $664 million in FY2016 (+5.2%), $631 million in FY2015 (-0.2%), $632 million in FY2014 (+2.1%) and $619 million in FY2013 (+9.4%).
- The Q1 2018 figure ranks as the lowest quarterly Service Charges since Q1 2016.
- Year over year, Service Charges gained in seven of the last eight quarters, with growth averaging 4.9%.
- The high point for year-over-year Service Charges in five years was Q4 2013 (growth of 24.8%); the low point was Q4 2014 (a decline of 14.0%).
- Per Business Quant data, the three quarters before Q1 2018 came in at $183 million (Q4 2017), $179 million (Q3 2017) and $176 million (Q2 2017).
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 |
|---|---|
| Mar 31, 2018 | 165.00 Mn |
| Dec 31, 2017 | 183.00 Mn |
| Sep 30, 2017 | 179.00 Mn |
| Jun 30, 2017 | 176.00 Mn |
| Mar 31, 2017 | 168.00 Mn |
| Dec 31, 2016 | 172.00 Mn |
| Sep 30, 2016 | 172.00 Mn |
| Jun 30, 2016 | 166.00 Mn |
| Mar 31, 2016 | 154.00 Mn |
| Dec 31, 2015 | 165.00 Mn |
| Sep 30, 2015 | 167.00 Mn |
| Jun 30, 2015 | 154.00 Mn |
| Mar 31, 2015 | 145.00 Mn |
| Dec 31, 2014 | 160.00 Mn |
| Sep 30, 2014 | 164.00 Mn |
| Jun 30, 2014 | 158.00 Mn |
| Mar 31, 2014 | 150.00 Mn |
| Dec 31, 2013 | 186.00 Mn |
| Sep 30, 2013 | 152.00 Mn |
| Jun 30, 2013 | 143.00 Mn |
Truist Financial Service Charges 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=service-charges&ticker=TFC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "service-charges", "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=service-charges&ticker=TFC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();