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

Truist Financial (TFC) Service Charges (2009 - 2018)

Updated

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.

Analysis

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 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
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
API Access

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