Truist Financial (TFC) Tax Provisions (2009 - 2026)
Truist Financial (TFC) posted Tax Provisions of $209.0 million for Q1 2026, little changed on a QoQ basis from $210.0 million in Q4 2025, and down 23.72% year-over-year from $274.0 million in Q1 2025.
Truist Financial (TFC) Tax Provisions (2009 - 2026) Analysis & Trends
Truist Financial's Tax Provisions history runs 18 years deep, the most recent figure standing at $209.0 million for Q1 2026.
- Quarterly Tax Provisions fell 23.72% year-over-year to $209.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $977.0 million (up 290.08% YoY) and the FY2025 annual result came in at $1.0 billion, up 287.41% from the prior year.
- Tax Provisions was $209.0 million for Q1 2026 at Truist Financial, roughly flat from $210.0 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.
- A 5-year average of $157.8 million and a median of $265.0 million in 2024 frame the typical range for Tax Provisions.
- Peak annual rise in Tax Provisions reached 573.21% in 2024, while the deepest fall reached 675.65% in 2024.
- Truist Financial's 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 slipped by 0.48% to $209.0 million in 2026.
- Business Quant data shows TFC's Tax Provisions at $209.0 million in Q1 2026, $210.0 million in Q4 2025, and $285.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | 422,877.20 |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | 385.94 Mn |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | -78,154.00 |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | -709.14 Mn |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | 75.02 Mn |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | -633.64 Mn |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 1.03 Mn |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 1.25 Mn |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 415.00 Mn |
| 10 | Truist Financial | 63.79 Bn | 63.79 Bn | - | 209.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 415.00 Mn |