Truist Financial TFC
NYSE TFC
$50.15 -0.40 (-0.79%)
As of: Sep 9, 2026 · 3:59 PM EDT

Truist Financial (TFC) Tax Provisions (2009 - 2026)

Truist Financial's (TFC) quarterly Tax Provisions came in at $262.0 million in Q2 2026, down 4.03% on a YoY basis from $273.0 million in Q2 2025, and up 25.36% quarter-over-quarter from $209.0 million in Q1 2026.

Analysis

Truist Financial (TFC) Tax Provisions (2009 - 2026) Analysis & Trends

Truist Financial (TFC) has reported Tax Provisions for 18 consecutive years, with $262.0 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Tax Provisions fell 4.03% year-over-year to $262.0 million; the trailing twelve-month figure through Jun 2026 stood at $966.0 million (down 10.8% YoY), and the FY2025 full-year result was $1.0 billion, up 287.41% from the prior year.
  • Tax Provisions rose to $262.0 million in Q2 2026 per TFC's latest filing, from $209.0 million in the prior quarter.
  • Across five years, Tax Provisions topped out at $372.0 million in Q2 2022 and bottomed at -$1.3 billion in Q2 2024.
  • Historically, Tax Provisions has averaged $163.6 million across 5 years, with a median of $263.5 million in 2024.
  • The widest YoY moves for Tax Provisions: up 573.21% in 2024, down 675.65% in 2024.
  • Over 5 years, Tax Provisions stood at $185.0 million in 2022, then plunged by 130.27% to -$56.0 million in 2023, then soared by 573.21% to $265.0 million in 2024, then declined by 20.75% to $210.0 million in 2025, then rose by 24.76% to $262.0 million in 2026.
  • According to Business Quant data, Tax Provisions over the past three periods registered $262.0 million, $209.0 million, and $210.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Banco Santander Chile 950.85 Bn 950.85 Bn - -51.13 Bn
2 Truist Financial 61.46 Bn 61.46 Bn - 262.00 Mn
3 Fifth Third Bancorp 49.43 Bn 25.71 Bn - 235.00 Mn
4 M&T Bank 34.72 Bn 34.72 Bn - 245.00 Mn
5 Huntington Bancshares 33.60 Bn 29.07 Bn - 165.00 Mn
6 Citizens Financial 29.31 Bn 29.31 Bn - 168.00 Mn
7 Regions Financial 25.53 Bn 25.53 Bn - 148.00 Mn
8 First Citizens Bancshares 24.60 Bn 24.07 Bn 29.00 Mn 219.00 Mn
9 Keycorp 23.26 Bn -24.44 Bn - 139.00 Mn
10 East West Bancorp 17.62 Bn 12.53 Bn - 103.82 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 262.00 Mn
Mar 31, 2026 209.00 Mn
Dec 31, 2025 210.00 Mn
Sep 30, 2025 285.00 Mn
Jun 30, 2025 273.00 Mn
Mar 31, 2025 274.00 Mn
Dec 31, 2024 265.00 Mn
Sep 30, 2024 271.00 Mn
Jun 30, 2024 -1.32 Bn
Mar 31, 2024 232.00 Mn
Dec 31, 2023 -56.00 Mn
Sep 30, 2023 203.00 Mn
Jun 30, 2023 230.00 Mn
Mar 31, 2023 361.00 Mn
Dec 31, 2022 185.00 Mn
Sep 30, 2022 363.00 Mn
Jun 30, 2022 372.00 Mn
Mar 31, 2022 330.00 Mn
Dec 31, 2021 367.00 Mn
Sep 30, 2021 423.00 Mn