Truist Financial (TFC) Tax Rate (2009 - 2026)
Truist Financial posted quarterly Tax Rate of 12.37% for Q1 2026, down 548.0% year-on-year from 2.76% in Q1 2025, and down 7.9% on a QoQ basis from 13.43% in Q4 2025.
Truist Financial (TFC) has 18 years of Tax Rate data on file, last reported at 12.37% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 548.0% year-over-year to 12.37%; the trailing twelve-month figure through Mar 2026 stood at 15.02% (down 10424.0% YoY), and the FY2025 full-year result was 16.41%, down 7610.0% from the prior year.
- Tax Rate for Q1 2026 stood at 12.37%, down from 13.43% in the prior quarter.
- Across five years, Tax Rate topped out at 25.32% in Q2 2024 and bottomed at 1.07% in Q4 2023.
- The 5-year median for Tax Rate is 17.0% (2024), against an average of 16.28%.
- The widest annual swing landed in 2023, when Tax Rate slumped 1235 bps; it then jumped 1599 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 13.42% in 2022, then tumbled by 92 bps to 1.07% in 2023, then jumped by 1498 bps to 17.05% in 2024, then fell by 21 bps to 13.43% in 2025, then dropped by 8 bps to 12.37% in 2026.
- The last three Tax Rate figures came in at 12.37% (Q1 2026), 13.43% (Q4 2025), and 16.41% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | - |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 19.21 |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 19.83 |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 28.76 |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | 0.05 |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 18.98 |
| 10 | Truist Financial | 60.41 Bn | 60.41 Bn | - | 12.37 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.37 |
| Mar 31, 2026 | 12.37 |
| Dec 31, 2025 | 13.43 |
| Dec 31, 2025 | 13.43 |
| Sep 30, 2025 | 16.41 |
| Sep 30, 2025 | 16.41 |
| Jun 30, 2025 | 18.04 |
| Jun 30, 2025 | 18.04 |
| Mar 31, 2025 | 17.85 |
| Mar 31, 2025 | 17.85 |
| Dec 31, 2024 | 17.05 |
| Dec 31, 2024 | 17.05 |
| Sep 30, 2024 | 15.85 |
| Sep 30, 2024 | 15.85 |
| Jun 30, 2024 | 25.32 |
| Jun 30, 2024 | 25.32 |
| Mar 31, 2024 | 17.00 |
| Mar 31, 2024 | 17.00 |
| Dec 31, 2023 | 1.07 |
| Dec 31, 2023 | 1.07 |
| Sep 30, 2023 | 15.47 |
| Sep 30, 2023 | 15.47 |
| Jun 30, 2023 | 16.44 |
| Jun 30, 2023 | 16.44 |
| Mar 31, 2023 | 20.38 |
| Mar 31, 2023 | 20.38 |
| Dec 31, 2022 | 13.42 |
| Dec 31, 2022 | 13.42 |
| Sep 30, 2022 | 18.15 |
| Sep 30, 2022 | 18.15 |
| Jun 30, 2022 | 19.54 |
| Jun 30, 2022 | 19.54 |
| Mar 31, 2022 | 18.90 |
| Mar 31, 2022 | 18.90 |
| Dec 31, 2021 | 18.64 |
| Dec 31, 2021 | 18.64 |
| Sep 30, 2021 | 19.89 |
| Sep 30, 2021 | 19.89 |
| Jun 30, 2021 | 20.02 |
| Jun 30, 2021 | 20.02 |
| Mar 31, 2021 | 19.24 |
| Mar 31, 2021 | 19.24 |
| Dec 31, 2020 | 18.95 |
| Dec 31, 2020 | 18.95 |
| Sep 30, 2020 | 18.27 |
| Sep 30, 2020 | 18.27 |
| Jun 30, 2020 | 16.62 |
| Jun 30, 2020 | 16.62 |
| Mar 31, 2020 | 17.40 |
| Mar 31, 2020 | 17.40 |
| Dec 31, 2019 | 17.41 |
| Dec 31, 2019 | 17.41 |
| Sep 30, 2019 | 20.84 |
| Sep 30, 2019 | 20.84 |
| Jun 30, 2019 | 20.91 |
| Jun 30, 2019 | 20.91 |
| Mar 31, 2019 | 18.15 |
| Mar 31, 2019 | 18.15 |
| Dec 31, 2018 | 20.30 |
| Dec 31, 2018 | 20.30 |
| Sep 30, 2018 | 20.02 |
| Sep 30, 2018 | 20.02 |
| Jun 30, 2018 | 19.73 |
| Jun 30, 2018 | 19.73 |
| Mar 31, 2018 | 19.04 |
| Mar 31, 2018 | 19.04 |
| Dec 31, 2017 | 23.86 |
| Dec 31, 2017 | 23.86 |
| Sep 30, 2017 | 31.21 |
| Sep 30, 2017 | 31.21 |
| Jun 30, 2017 | 31.08 |
| Jun 30, 2017 | 31.08 |
| Mar 31, 2017 | 19.62 |
| Mar 31, 2017 | 19.62 |
| Dec 31, 2016 | 30.86 |
| Dec 31, 2016 | 30.86 |
| Sep 30, 2016 | 29.84 |
| Sep 30, 2016 | 29.84 |
| Jun 30, 2016 | 30.04 |
| Jun 30, 2016 | 30.04 |
| Mar 31, 2016 | 30.15 |
| Mar 31, 2016 | 30.15 |
| Dec 31, 2015 | 31.65 |
| Dec 31, 2015 | 31.65 |
| Sep 30, 2015 | 29.40 |
| Sep 30, 2015 | 29.40 |
| Jun 30, 2015 | 13.77 |
| Jun 30, 2015 | 13.77 |
| Mar 31, 2015 | 30.58 |
| Mar 31, 2015 | 30.58 |
| Dec 31, 2014 | 31.48 |
| Dec 31, 2014 | 31.48 |
| Sep 30, 2014 | 23.72 |
| Sep 30, 2014 | 23.72 |
| Jun 30, 2014 | 31.17 |
| Jun 30, 2014 | 31.17 |
| Mar 31, 2014 | 30.88 |
| Mar 31, 2014 | 30.88 |
| Dec 31, 2013 | 40.51 |
| Dec 31, 2013 | 40.51 |
| Sep 30, 2013 | 59.29 |
| Sep 30, 2013 | 59.29 |
| Jun 30, 2013 | 27.73 |
| Jun 30, 2013 | 27.73 |
| Mar 31, 2013 | 65.26 |
| Mar 31, 2013 | 65.26 |
| Dec 31, 2012 | -28.04 |
| Dec 31, 2012 | -28.04 |
| Sep 30, 2012 | 26.30 |
| Sep 30, 2012 | 26.30 |
| Jun 30, 2012 | 26.20 |
| Jun 30, 2012 | 26.20 |
| Mar 31, 2012 | 29.81 |
| Mar 31, 2012 | 29.81 |
| Dec 31, 2011 | -20.87 |
| Dec 31, 2011 | -20.87 |
| Sep 30, 2011 | 15.49 |
| Sep 30, 2011 | 15.49 |
| Jun 30, 2011 | 21.77 |
| Jun 30, 2011 | 21.77 |
| Mar 31, 2011 | 18.47 |
| Mar 31, 2011 | 18.47 |
| Dec 31, 2010 | 6.47 |
| Dec 31, 2010 | 6.47 |
| Sep 30, 2010 | 10.98 |
| Sep 30, 2010 | 10.98 |
| Jun 30, 2010 | 10.04 |
| Jun 30, 2010 | 10.04 |
| Mar 31, 2010 | 19.83 |
| Mar 31, 2010 | 19.83 |
| Dec 31, 2009 | 6.28 |
| Dec 31, 2009 | 6.28 |
| Sep 30, 2009 | -6.08 |
| Sep 30, 2009 | -6.08 |
| Jun 30, 2009 | 16.47 |
| Jun 30, 2009 | 16.47 |
| Mar 31, 2009 | 26.39 |
| Mar 31, 2009 | 26.39 |