TRUIST FINANCIAL CORP Annual Current Federal Tax Expense (Benefit) in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of current federal tax expense (benefit) pertaining to income (loss) from continuing operations.
Summary
Truist Financial Corp annual Current Federal Tax Expense (Benefit) history and growth rate from 2010 to 2023.
  • Truist Financial Corp annual Current Federal Tax Expense (Benefit) for 2023 was $1.01B, a 29.1% increase from 2022.
  • Truist Financial Corp annual Current Federal Tax Expense (Benefit) for 2022 was $784M, a 20% decline from 2021.
  • Truist Financial Corp annual Current Federal Tax Expense (Benefit) for 2021 was $980M, a 0.1% increase from 2020.
Current Federal Tax Expense (Benefit), Annual (USD)
Current Federal Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $1.01B +$228M +29.1% Jan 1, 2023 Dec 31, 2023 8-K 2024-05-10
2022 $784M -$196M -20% Jan 1, 2022 Dec 31, 2022 8-K 2024-05-10
2021 $980M +$1M +0.1% Jan 1, 2021 Dec 31, 2021 8-K 2024-05-10
2020 $979M +$622M +174% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-28
2019 $357M -$272M -43.2% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-23
2018 $629M +$90M +16.7% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-24
2017 $539M -$420M -43.8% Jan 1, 2017 Dec 31, 2017 10-K 2020-03-03
2016 $959M +$374M +63.9% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-26
2015 $585M -$121M -17.1% Jan 1, 2015 Dec 31, 2015 10-K 2018-02-21
2014 $706M -$442M -38.5% Jan 1, 2014 Dec 31, 2014 8-K 2017-04-24
2013 $1.15B +$873M +317% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-25
2012 $275M +$192M +231% Jan 1, 2012 Dec 31, 2012 10-K 2015-02-25
2011 $83M -$78M -48.4% Dec 31, 2010 Dec 31, 2011 10-K 2012-02-27
2010 $161M Dec 31, 2009 Dec 31, 2010 10-K 2012-02-27
* An asterisk sign (*) next to the value indicates that the value is likely invalid.