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
Download Data
Historic 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 |