Income Tax Expense (Benefit) in USD of TRUIST FINANCIAL CORP from Q1 2010 to Q3 2025

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
TRUIST FINANCIAL CORP quarterly/annual Income Tax Expense (Benefit) history and change rate from Q1 2010 to Q3 2025.
  • TRUIST FINANCIAL CORP Income Tax Expense (Benefit) for the quarter ending 30 Sep 2025 was $285M, a 5.17% increase year-over-year.
  • TRUIST FINANCIAL CORP Income Tax Expense (Benefit) for the twelve months ending 30 Sep 2025 was $1.1B.
  • TRUIST FINANCIAL CORP annual Income Tax Expense (Benefit) for 2024 was -$556M, a 175% decline from 2023.
  • TRUIST FINANCIAL CORP annual Income Tax Expense (Benefit) for 2023 was $738M, a 41% decline from 2022.
  • TRUIST FINANCIAL CORP annual Income Tax Expense (Benefit) for 2022 was $1.25B, a 11.2% decline from 2021.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Quarterly (USD)
Income Tax Expense (Benefit), YoY Quarterly Change (%)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Change (%)

TRUIST FINANCIAL CORP Quarterly Income Tax Expense (Benefit) (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q3 2025 $1.1B $285M +$14M +5.17% 01 Jul 2025 30 Sep 2025 10-Q 30 Oct 2025
Q2 2025 $1.08B $273M +$1.6B 01 Apr 2025 30 Jun 2025 10-Q 31 Jul 2025
Q1 2025 -$514M $274M +$42M +18.1% 01 Jan 2025 31 Mar 2025 10-Q 30 Apr 2025
Q4 2024 -$556M $265M +$321M 01 Oct 2024 31 Dec 2024 10-K 25 Feb 2025
Q3 2024 -$877M $271M +$68M +33.5% 01 Jul 2024 30 Sep 2024 10-Q 30 Oct 2025
Q2 2024 -$945M -$1.32B -$1.55B -676% 01 Apr 2024 30 Jun 2024 10-Q 31 Jul 2025
Q1 2024 $609M $232M -$129M -35.7% 01 Jan 2024 31 Mar 2024 10-Q 30 Apr 2025
Q4 2023 $738M -$56M -$241M -130% 01 Oct 2023 31 Dec 2023 10-K 25 Feb 2025
Q3 2023 $979M $203M -$160M -44.1% 01 Jul 2023 30 Sep 2023 10-Q 01 Nov 2024
Q2 2023 $1.14B $230M -$142M -38.2% 01 Apr 2023 30 Jun 2023 10-Q 08 Aug 2024
Q1 2023 $1.28B $361M +$31M +9.39% 01 Jan 2023 31 Mar 2023 10-Q 09 May 2024
Q4 2022 $1.25B $185M -$34M -15.5% 01 Oct 2022 31 Dec 2022 10-K 25 Feb 2025
Q3 2022 $1.28B $363M -$60M -14.2% 01 Jul 2022 30 Sep 2022 10-Q 31 Oct 2023
Q2 2022 $1.34B $372M -$43M -10.4% 01 Apr 2022 30 Jun 2022 10-Q 31 Jul 2023
Q1 2022 $1.39B $330M -$21M -5.98% 01 Jan 2022 31 Mar 2022 10-Q 01 May 2023
Q4 2021 $1.41B $219M -$92M -29.6% 01 Oct 2021 31 Dec 2021 8-K 10 May 2024
Q3 2021 $1.5B $423M +$168M +65.9% 01 Jul 2021 30 Sep 2021 10-Q 31 Oct 2022
Q2 2021 $1.33B $415M +$224M +117% 01 Apr 2021 30 Jun 2021 10-Q 01 Aug 2022
Q1 2021 $1.11B $351M +$127M +56.7% 01 Jan 2021 31 Mar 2021 10-Q 05 May 2022
Q4 2020 $981M $311M +$158M +103% 01 Oct 2020 31 Dec 2020 10-K 28 Feb 2023
Q3 2020 $823M $255M +$37M +17% 01 Jul 2020 30 Sep 2020 10-Q 02 Nov 2021
Q2 2020 $786M $191M -$43M -18.4% 01 Apr 2020 30 Jun 2020 10-Q 06 Aug 2021
Q1 2020 $829M $224M +$47M +26.6% 01 Jan 2020 31 Mar 2020 10-Q 03 May 2021
Q4 2019 $782M $153M -$52M -25.4% 01 Oct 2019 31 Dec 2019 10-K 23 Feb 2022
Q3 2019 $834M $218M +$8M +3.81% 01 Jul 2019 30 Sep 2019 10-Q 02 Nov 2020
Q2 2019 $826M $234M +$32M +15.8% 01 Apr 2019 30 Jun 2019 10-Q 04 Aug 2020
Q1 2019 $794M $177M -$9M -4.84% 01 Jan 2019 31 Mar 2019 10-Q 08 May 2020
Q4 2018 $803M $205M -$4M -1.91% 01 Oct 2018 31 Dec 2018 10-K 24 Feb 2021
Q3 2018 $807M $210M -$84M -28.6% 01 Jul 2018 30 Sep 2018 10-Q 25 Oct 2019
Q2 2018 $891M $202M -$102M -33.6% 01 Apr 2018 30 Jun 2018 10-Q 31 Jul 2019
Q1 2018 $993M $186M +$82M +78.8% 01 Jan 2018 31 Mar 2018 10-Q 30 Apr 2019
Q4 2017 $911M $209M -$78M -27.2% 01 Oct 2017 31 Dec 2017 10-K 03 Mar 2020
Q3 2017 $989M $294M +$21M +7.69% 01 Jul 2017 30 Sep 2017 10-Q 26 Oct 2018
Q2 2017 $968M $304M +$52M +20.6% 01 Apr 2017 30 Jun 2017 10-Q 27 Jul 2018
Q1 2017 $916M $104M -$142M -57.7% 01 Jan 2017 31 Mar 2017 10-Q 30 Apr 2018
Q4 2016 $1.06B $287M +$36M +14.3% 01 Oct 2016 31 Dec 2016 10-K 26 Feb 2019
Q3 2016 $1.02B $273M +$51M +23% 01 Jul 2016 30 Sep 2016 10-Q 27 Oct 2017
Q2 2016 $971M $252M +$172M +215% 01 Apr 2016 30 Jun 2016 10-Q 28 Jul 2017
Q1 2016 $799M $246M +$5M +2.08% 01 Jan 2016 31 Mar 2016 10-Q 24 Apr 2017
Q4 2015 $794M $251M -$26M -9.39% 01 Oct 2015 31 Dec 2015 10-K 21 Feb 2018
Q3 2015 $820M $222M +$50M +29.1% 01 Jul 2015 30 Sep 2015 10-Q 24 Oct 2016
Q2 2015 $770M $80M -$136M -63% 01 Apr 2015 30 Jun 2015 10-Q 27 Jul 2016
Q1 2015 $906M $241M -$15M -5.86% 01 Jan 2015 31 Mar 2015 10-Q 29 Apr 2016
Q4 2014 $921M $277M -$124M -30.9% 01 Oct 2014 31 Dec 2014 8-K 24 Apr 2017
Q3 2014 $1.05B $172M -$278M -61.8% 01 Jul 2014 30 Sep 2014 10-Q 30 Oct 2015
Q2 2014 $1.32B $216M -$5M -2.26% 01 Apr 2014 30 Jun 2014 10-Q 30 Jul 2015
Q1 2014 $1.33B $256M -$225M -46.8% 01 Jan 2014 31 Mar 2014 10-Q 27 Apr 2015
Q4 2013 $1.55B $401M +$194M +93.7% 01 Oct 2013 31 Dec 2013 10-K 25 Feb 2016
Q3 2013 $1.36B $450M +$273M +154% 01 Jul 2013 30 Sep 2013 10-Q 27 Oct 2014
Q2 2013 $1.09B $221M +$30M +15.7% 31 Mar 2013 30 Jun 2013 10-Q 08 Aug 2013
Q1 2013 $1.06B $481M +$292M +154% 01 Jan 2013 31 Mar 2013 10-Q 30 Apr 2014
Q4 2012 $764M $207M +$123M +146% 01 Oct 2012 31 Dec 2012 10-K 25 Feb 2015
Q3 2012 $641M $177M +$109M +160% 01 Jul 2012 30 Sep 2012 10-Q 31 Oct 2013
Q2 2012 $532M $191M +$100M +110% 31 Mar 2012 30 Jun 2012 10-Q 08 Aug 2013
Q1 2012 $432M $189M +$136M +257% 01 Jan 2012 31 Mar 2012 10-Q 02 May 2013
Q4 2011 $296M $84M +$69M +460% 01 Oct 2011 31 Dec 2011 10-K 27 Feb 2012
Q3 2011 $227M $68M +$41M +152% 01 Jul 2011 30 Sep 2011 10-Q 02 Nov 2012
Q2 2011 $186M $91M +$66M +264% 31 Mar 2011 30 Jun 2011 10-Q 07 Aug 2012
Q1 2011 $120M $53M +$5M +10.4% 01 Jan 2011 31 Mar 2011 10-Q 04 May 2012
Q4 2010 $115M $15M 01 Oct 2010 31 Dec 2010 10-K 27 Feb 2012
Q3 2010 $27M 01 Jul 2010 30 Sep 2010 10-Q 09 Nov 2011
Q2 2010 $25M 01 Apr 2010 30 Jun 2010 10-Q 08 Aug 2011
Q1 2010 $48M 01 Jan 2010 31 Mar 2010 10-Q 06 May 2011

TRUIST FINANCIAL CORP Annual Income Tax Expense (Benefit) (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed
2024 -$556M -$1.29B -175% 01 Jan 2024 31 Dec 2024 10-K 25 Feb 2025
2023 $738M -$512M -41% 01 Jan 2023 31 Dec 2023 10-K 25 Feb 2025
2022 $1.25B -$158M -11.2% 01 Jan 2022 31 Dec 2022 10-K 25 Feb 2025
2021 $1.41B +$427M +43.5% 01 Jan 2021 31 Dec 2021 8-K 10 May 2024
2020 $981M +$199M +25.4% 01 Jan 2020 31 Dec 2020 10-K 28 Feb 2023
2019 $782M -$21M -2.62% 01 Jan 2019 31 Dec 2019 10-K 23 Feb 2022
2018 $803M -$108M -11.9% 01 Jan 2018 31 Dec 2018 10-K 24 Feb 2021
2017 $911M -$147M -13.9% 01 Jan 2017 31 Dec 2017 10-K 03 Mar 2020
2016 $1.06B +$264M +33.2% 01 Jan 2016 31 Dec 2016 10-K 26 Feb 2019
2015 $794M -$127M -13.8% 01 Jan 2015 31 Dec 2015 10-K 21 Feb 2018
2014 $921M -$632M -40.7% 01 Jan 2014 31 Dec 2014 8-K 24 Apr 2017
2013 $1.55B +$789M +103% 01 Jan 2013 31 Dec 2013 10-K 25 Feb 2016
2012 $764M +$468M +158% 01 Jan 2012 31 Dec 2012 10-K 25 Feb 2015
2011 $296M +$181M +157% 31 Dec 2010 31 Dec 2011 10-K 27 Feb 2012
2010 $115M 31 Dec 2009 31 Dec 2010 10-K 27 Feb 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.