Truist Financial Cost of Goods Sold 2010-2024 | TFC

Truist Financial annual/quarterly cost of goods sold history and growth rate from 2010 to 2024. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
  • Truist Financial cost of goods sold for the quarter ending September 30, 2024 was $2.750B, a 2.15% increase year-over-year.
  • Truist Financial cost of goods sold for the twelve months ending September 30, 2024 was $11.061B, a 31.09% increase year-over-year.
  • Truist Financial annual cost of goods sold for 2023 was $9.856B, a 324.64% increase from 2022.
  • Truist Financial annual cost of goods sold for 2022 was $2.321B, a 202.21% increase from 2021.
  • Truist Financial annual cost of goods sold for 2021 was $0.768B, a 55.4% decline from 2020.
Truist Financial Annual Cost of Goods Sold
(Millions of US $)
2023 $9,856
2022 $2,321
2021 $768
2020 $1,722
2019 $2,096
2018 $1,438
2017 $839
2016 $745
2015 $735
2014 $768
2013 $891
2012 $1,060
2011 $1,378
2010 $1,795
2009 $2,040
Truist Financial Quarterly Cost of Goods Sold
(Millions of US $)
2024-09-30 $2,750
2024-06-30 $2,824
2024-03-31 $2,812
2023-12-31 $2,675
2023-09-30 $2,692
2023-06-30 $2,572
2023-03-31 $1,917
2022-12-31 $1,257
2022-09-30 $624
2022-06-30 $266
2022-03-31 $174
2021-12-31 $168
2021-09-30 $193
2021-06-30 $198
2021-03-31 $209
2020-12-31 $245
2020-09-30 $261
2020-06-30 $440
2020-03-31 $776
2019-12-31 $585
2019-09-30 $518
2019-06-30 $516
2019-03-31 $477
2018-12-31 $431
2018-09-30 $382
2018-06-30 $337
2018-03-31 $288
2017-12-31 $254
2017-09-30 $230
2017-06-30 $189
2017-03-31 $166
2016-12-31 $180
2016-09-30 $185
2016-06-30 $188
2016-03-31 $192
2015-12-31 $191
2015-09-30 $186
2015-06-30 $177
2015-03-31 $181
2014-12-31 $183
2014-09-30 $192
2014-06-30 $194
2014-03-31 $199
2013-12-31 $204
2013-09-30 $222
2013-06-30 $228
2013-03-31 $237
2012-12-31 $250
2012-09-30 $237
2012-06-30 $266
2012-03-31 $307
2011-12-31 $317
2011-09-30 $334
2011-06-30 $336
2011-03-31 $391
2010-12-31 $423
2010-09-30 $448
2010-06-30 $459
2010-03-31 $465
2009-12-31 $497
2009-09-30 $508
2009-06-30 $502
2009-03-31 $533
Sector Industry Market Cap Revenue
Finance Banks - Major Regional $61.902B $33.246B
Truist Financial is the sixth largest commercial bank in the United States. The company conducts business operations primarily through its bank subsidiary, Truist Bank, and few other non-bank subsidiaries, serving consumers and commercial clients. It has the following operating segments: Consumer Banking and Wealth comprises Retail Community Banking, NCF&P, Wealth, Mortgage Banking and Dealer Retail Services. Corporate & Commercial Banking comprises Corporate and Investment Banking, Commercial Community Banking, Commercial Real Estate, and Grandbridge Real Estate Capital, LLC and Treasury Solutions product group. Insurance Holdings provides property and casualty, employee benefits, life insurance surety coverage, as well as title insurance. Others, Treasury & Corporate includes Truist Financial's investment securities portfolio, long-term debt, derivative instruments used for balance sheet hedging, short-term liquidity and funding activities, balance sheet risk management, as well as most real estate assets.
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