TRUIST FINANCIAL CORP Annual Amortization of Intangible Assets in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
Summary
Truist Financial Corp quarterly/annual Amortization of Intangible Assets history and growth rate from 2010 to 2023.
  • Truist Financial Corp Amortization of Intangible Assets for the quarter ending September 30, 2024 was $84M, a 14.3% decline year-over-year.
  • Truist Financial Corp Amortization of Intangible Assets for the twelve months ending September 30, 2024 was $359M, a 8.13% increase year-over-year.
  • Truist Financial Corp annual Amortization of Intangible Assets for 2023 was $395M, a 13.2% decline from 2022.
  • Truist Financial Corp annual Amortization of Intangible Assets for 2022 was $455M, a 3.6% decline from 2021.
  • Truist Financial Corp annual Amortization of Intangible Assets for 2021 was $472M, a 31.1% decline from 2020.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $395M -$60M -13.2% Jan 1, 2023 Dec 31, 2023 8-K 2024-05-10
2022 $455M -$17M -3.6% Jan 1, 2022 Dec 31, 2022 8-K 2024-05-10
2021 $472M -$213M -31.1% Jan 1, 2021 Dec 31, 2021 8-K 2024-05-10
2020 $685M +$521M +318% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-28
2019 $164M +$33M +25.2% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-23
2018 $131M -$11M -7.75% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-24
2017 $142M -$8M -5.33% Jan 1, 2017 Dec 31, 2017 10-K 2020-03-03
2016 $150M +$45M +42.9% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-26
2015 $105M +$14M +15.4% Jan 1, 2015 Dec 31, 2015 10-K 2018-02-21
2014 $91M -$15M -14.2% Jan 1, 2014 Dec 31, 2014 8-K 2017-04-24
2013 $106M -$4M -3.64% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-25
2012 $110M +$11M +11.1% Jan 1, 2012 Dec 31, 2012 10-K 2015-02-25
2011 $99M -$23M -18.9% Dec 31, 2010 Dec 31, 2011 10-K 2012-02-27
2010 $122M 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.