Truist Financial (TFC) Tax Provisions (2009 - 2026)
Truist Financial (TFC) posted quarterly Tax Provisions of $262.0 million for Q2 2026, down 4.03% year-over-year from $273.0 million in Q2 2025, and up 25.36% on a QoQ basis from $209.0 million in Q1 2026.
Truist Financial (TFC) Tax Provisions (2009 - 2026) Analysis & Trends
Truist Financial has reported Tax Provisions for 18 years, with the latest figure at $262.0 million in Q2 2026.
- Tax Provisions for Q2 2026 came in at $262.0 million, down 4.03% year-over-year; the trailing twelve-month figure through Jun 2026 was $966.0 million (down 10.8% YoY), and the FY2025 annual result was $1.0 billion, up 287.41% from the prior year.
- Tax Provisions rose to $262.0 million in Q2 2026, from $209.0 million in the prior quarter.
- Over five years, Tax Provisions peaked at $372.0 million in Q2 2022 and troughed at -$1.3 billion in Q2 2024.
- A 5-year average of $163.6 million and a median of $263.5 million in 2024 frame the typical range for Tax Provisions.
- The largest YoY upside for Tax Provisions was 573.21% in 2024 against a maximum downside of 675.65% in 2024.
- A 5-year view of Tax Provisions shows it stood at $185.0 million in 2022, then plunged by 130.27% to -$56.0 million in 2023, then jumped by 573.21% to $265.0 million in 2024, then slipped by 20.75% to $210.0 million in 2025, then grew by 24.76% to $262.0 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were $262.0 million in Q2 2026, $209.0 million in Q1 2026, and $210.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 531.00 Mn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 537.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -939.17 Mn |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -821.11 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 1.12 Bn |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | -175.22 Mn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 262.00 Mn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 235.00 Mn |
| 10 | Itau Unibanco Holding | 40.31 Bn | 42.00 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |