Truist Financial TFC
NYSE TFC
$47.74 +0.40 (+0.86%)
As of: Oct 21, 2026 · 3:59 PM EDT

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

Updated

Truist Financial (TFC) recorded Tax Provisions of $262 million in Q2 2026, down 4.0% from $273 million a year earlier but up 25.4% from the prior quarter.

Analysis

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

On a TTM basis, Truist Financial's Tax Provisions came in at $966 million as of Jun 30, 2026, down 10.8% year-over-year; for FY2025, it came in at $1.04 billion.

  • Annual Tax Provisions has a five-year compound annual growth rate of 1.2% (FY2020 to FY2025).
  • Across earlier years, Tax Provisions came in at -$556 million in FY2024, $738 million in FY2023 (-41.0%), $1.25 billion in FY2022 (-19.7%) and $1.56 billion in FY2021 (+58.6%).
  • Quarterly Tax Provisions has ranged from -$1.32 billion in Q2 2024 to $423 million in Q3 2021 over the past five years.
  • On a year-over-year basis, Tax Provisions has declined for three consecutive quarters, with growth averaging 1.4% over the last six quarters.
  • Peak year-over-year performance for Tax Provisions in the last five years was growth of 65.9% in Q3 2021, against a decline of 49.6% in Q4 2022 at the low end.
  • Per Business Quant, the preceding three quarters came in at $209 million (Q1 2026), $210 million (Q4 2025) and $285 million (Q3 2025).
Peer Set

Peer Comparison

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
API Access

Truist Financial Corp Tax Provisions 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.

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