TRUIST FINANCIAL CORP Quarterly Income Tax Expense (Benefit) in USD from Q1 2010 to Q2 2024

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 Q1 2010 to Q2 2024.
  • Truist Financial Corp Income Tax Expense (Benefit) for the quarter ending June 30, 2024 was -$1.32B, a 676% decline year-over-year.
  • Truist Financial Corp Income Tax Expense (Benefit) for the twelve months ending June 30, 2024 was -$945M, a 183% 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), Quarterly (USD)
Income Tax Expense (Benefit), YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q2 2024 -$945M -$1.32B -$1.55B -676% Apr 1, 2024 Jun 30, 2024 10-Q 2024-08-08
Q1 2024 $609M $232M -$129M -35.7% Jan 1, 2024 Mar 31, 2024 10-Q 2024-05-09
Q4 2023 $738M -$98M -$283M -153% Oct 1, 2023 Dec 31, 2023 8-K 2024-05-10
Q3 2023 $1.02B $245M -$118M -32.5% Jul 1, 2023 Sep 30, 2023 10-Q 2023-10-31
Q2 2023 $1.14B $230M -$142M -38.2% Apr 1, 2023 Jun 30, 2023 10-Q 2024-08-08
Q1 2023 $1.28B $361M +$31M +9.39% Jan 1, 2023 Mar 31, 2023 10-Q 2024-05-09
Q4 2022 $1.25B $185M -$34M -15.5% Oct 1, 2022 Dec 31, 2022 8-K 2024-05-10
Q3 2022 $1.28B $363M -$60M -14.2% Jul 1, 2022 Sep 30, 2022 10-Q 2023-10-31
Q2 2022 $1.34B $372M -$43M -10.4% Apr 1, 2022 Jun 30, 2022 10-Q 2023-07-31
Q1 2022 $1.39B $330M -$21M -5.98% Jan 1, 2022 Mar 31, 2022 10-Q 2023-05-01
Q4 2021 $1.41B $219M -$92M -29.6% Oct 1, 2021 Dec 31, 2021 8-K 2024-05-10
Q3 2021 $1.5B $423M +$168M +65.9% Jul 1, 2021 Sep 30, 2021 10-Q 2022-10-31
Q2 2021 $1.33B $415M +$224M +117% Apr 1, 2021 Jun 30, 2021 10-Q 2022-08-01
Q1 2021 $1.11B $351M +$127M +56.7% Jan 1, 2021 Mar 31, 2021 10-Q 2022-05-05
Q4 2020 $981M $311M +$158M +103% Oct 1, 2020 Dec 31, 2020 10-K 2023-02-28
Q3 2020 $823M $255M +$37M +17% Jul 1, 2020 Sep 30, 2020 10-Q 2021-11-02
Q2 2020 $786M $191M -$43M -18.4% Apr 1, 2020 Jun 30, 2020 10-Q 2021-08-06
Q1 2020 $829M $224M +$47M +26.6% Jan 1, 2020 Mar 31, 2020 10-Q 2021-05-03
Q4 2019 $782M $153M -$52M -25.4% Oct 1, 2019 Dec 31, 2019 10-K 2022-02-23
Q3 2019 $834M $218M +$8M +3.81% Jul 1, 2019 Sep 30, 2019 10-Q 2020-11-02
Q2 2019 $826M $234M +$32M +15.8% Apr 1, 2019 Jun 30, 2019 10-Q 2020-08-04
Q1 2019 $794M $177M -$9M -4.84% Jan 1, 2019 Mar 31, 2019 10-Q 2020-05-08
Q4 2018 $803M $205M -$4M -1.91% Oct 1, 2018 Dec 31, 2018 10-K 2021-02-24
Q3 2018 $807M $210M -$84M -28.6% Jul 1, 2018 Sep 30, 2018 10-Q 2019-10-25
Q2 2018 $891M $202M -$102M -33.6% Apr 1, 2018 Jun 30, 2018 10-Q 2019-07-31
Q1 2018 $993M $186M +$82M +78.8% Jan 1, 2018 Mar 31, 2018 10-Q 2019-04-30
Q4 2017 $911M $209M -$78M -27.2% Oct 1, 2017 Dec 31, 2017 10-K 2020-03-03
Q3 2017 $989M $294M +$21M +7.69% Jul 1, 2017 Sep 30, 2017 10-Q 2018-10-26
Q2 2017 $968M $304M +$52M +20.6% Apr 1, 2017 Jun 30, 2017 10-Q 2018-07-27
Q1 2017 $916M $104M -$142M -57.7% Jan 1, 2017 Mar 31, 2017 10-Q 2018-04-30
Q4 2016 $1.06B $287M +$36M +14.3% Oct 1, 2016 Dec 31, 2016 10-K 2019-02-26
Q3 2016 $1.02B $273M +$51M +23% Jul 1, 2016 Sep 30, 2016 10-Q 2017-10-27
Q2 2016 $971M $252M +$172M +215% Apr 1, 2016 Jun 30, 2016 10-Q 2017-07-28
Q1 2016 $799M $246M +$5M +2.08% Jan 1, 2016 Mar 31, 2016 10-Q 2017-04-24
Q4 2015 $794M $251M -$26M -9.39% Oct 1, 2015 Dec 31, 2015 10-K 2018-02-21
Q3 2015 $820M $222M +$50M +29.1% Jul 1, 2015 Sep 30, 2015 10-Q 2016-10-24
Q2 2015 $770M $80M -$136M -63% Apr 1, 2015 Jun 30, 2015 10-Q 2016-07-27
Q1 2015 $906M $241M -$15M -5.86% Jan 1, 2015 Mar 31, 2015 10-Q 2016-04-29
Q4 2014 $921M $277M -$124M -30.9% Oct 1, 2014 Dec 31, 2014 8-K 2017-04-24
Q3 2014 $1.05B $172M -$278M -61.8% Jul 1, 2014 Sep 30, 2014 10-Q 2015-10-30
Q2 2014 $1.32B $216M -$5M -2.26% Apr 1, 2014 Jun 30, 2014 10-Q 2015-07-30
Q1 2014 $1.33B $256M -$225M -46.8% Jan 1, 2014 Mar 31, 2014 10-Q 2015-04-27
Q4 2013 $1.55B $401M +$194M +93.7% Oct 1, 2013 Dec 31, 2013 10-K 2016-02-25
Q3 2013 $1.36B $450M +$273M +154% Jul 1, 2013 Sep 30, 2013 10-Q 2014-10-27
Q2 2013 $1.09B $221M +$30M +15.7% Mar 31, 2013 Jun 30, 2013 10-Q 2013-08-08
Q1 2013 $1.06B $481M +$292M +154% Jan 1, 2013 Mar 31, 2013 10-Q 2014-04-30
Q4 2012 $764M $207M +$123M +146% Oct 1, 2012 Dec 31, 2012 10-K 2015-02-25
Q3 2012 $641M $177M +$109M +160% Jul 1, 2012 Sep 30, 2012 10-Q 2013-10-31
Q2 2012 $532M $191M +$100M +110% Mar 31, 2012 Jun 30, 2012 10-Q 2013-08-08
Q1 2012 $432M $189M +$136M +257% Jan 1, 2012 Mar 31, 2012 10-Q 2013-05-02
Q4 2011 $296M $84M +$69M +460% Oct 1, 2011 Dec 31, 2011 10-K 2012-02-27
Q3 2011 $227M $68M +$41M +152% Jul 1, 2011 Sep 30, 2011 10-Q 2012-11-02
Q2 2011 $186M $91M +$66M +264% Mar 31, 2011 Jun 30, 2011 10-Q 2012-08-07
Q1 2011 $120M $53M +$5M +10.4% Jan 1, 2011 Mar 31, 2011 10-Q 2012-05-04
Q4 2010 $115M $15M Oct 1, 2010 Dec 31, 2010 10-K 2012-02-27
Q3 2010 $27M Jul 1, 2010 Sep 30, 2010 10-Q 2011-11-09
Q2 2010 $25M Apr 1, 2010 Jun 30, 2010 10-Q 2011-08-08
Q1 2010 $48M Jan 1, 2010 Mar 31, 2010 10-Q 2011-05-06
* An asterisk sign (*) next to the value indicates that the value is likely invalid.