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

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 growth rate from 2010 to 2023.
  • Truist Financial Corp Income Tax Expense (Benefit) for the quarter ending September 30, 2024 was $271M, a 33.5% increase year-over-year.
  • Truist Financial Corp Income Tax Expense (Benefit) for the twelve months ending September 30, 2024 was -$877M, a 190% decline year-over-year.
  • 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.
  • Truist Financial Corp annual Income Tax Expense (Benefit) for 2021 was $1.41B, a 43.5% increase from 2020.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $738M -$512M -41% Jan 1, 2023 Dec 31, 2023 8-K 2024-05-10
2022 $1.25B -$158M -11.2% Jan 1, 2022 Dec 31, 2022 8-K 2024-05-10
2021 $1.41B +$427M +43.5% Jan 1, 2021 Dec 31, 2021 8-K 2024-05-10
2020 $981M +$199M +25.4% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-28
2019 $782M -$21M -2.62% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-23
2018 $803M -$108M -11.9% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-24
2017 $911M -$147M -13.9% Jan 1, 2017 Dec 31, 2017 10-K 2020-03-03
2016 $1.06B +$264M +33.2% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-26
2015 $794M -$127M -13.8% Jan 1, 2015 Dec 31, 2015 10-K 2018-02-21
2014 $921M -$632M -40.7% Jan 1, 2014 Dec 31, 2014 8-K 2017-04-24
2013 $1.55B +$789M +103% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-25
2012 $764M +$468M +158% Jan 1, 2012 Dec 31, 2012 10-K 2015-02-25
2011 $296M +$181M +157% Dec 31, 2010 Dec 31, 2011 10-K 2012-02-27
2010 $115M 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.