KPIs & Operating Metrics(New)

Truist Financial (TFC) Tax Rate: 2009-2024

Historic Tax Rate for Truist Financial (TFC) over the last 15 years, with Dec 2024 value amounting to 92.51%.

  • Truist Financial's Tax Rate rose 56.00% to 16.41% in Q3 2025 from the same period last year, while for Sep 2025 it was 17.31%, marking a year-over-year increase of 546.00%. This contributed to the annual value of 92.51% for FY2024, which is N/A change from last year.
  • According to the latest figures from FY2024, Truist Financial's Tax Rate is 92.51%, which was up 420.22% from 17.78% recorded in FY2022.
  • In the past 5 years, Truist Financial's Tax Rate registered a high of 92.51% during FY2024, and its lowest value of 17.78% during FY2022.
  • Moreover, its 2-year median value for Tax Rate was 55.15% (2022), whereas its average is 55.15%.
  • As far as peak fluctuations go, Truist Financial's Tax Rate spiked by 154bps in 2021, and later crashed by 168bps in 2022.
  • Truist Financial's Tax Rate (Yearly) stood at 17.92% in 2020, then skyrocketed by 154bps to 19.47% in 2021, then crashed by 168bps to 17.78% in 2022, then reached 92.51% in 2024.