Truist Financial Net Acquisitions/Divestitures 2010-2024 | TFC
Truist Financial annual/quarterly net acquisitions/divestitures history and growth rate from 2010 to 2024. Net acquisitions/divestitures can be defined as the total change in cash resulting from both investments in businesses and sales of businesses or business segments.
- Truist Financial net acquisitions/divestitures for the quarter ending December 31, 2024 were $12.164B, a 81193.33% decline year-over-year.
- Truist Financial net acquisitions/divestitures for the twelve months ending December 31, 2024 were $24.207B, a 616.36% decline year-over-year.
- Truist Financial annual net acquisitions/divestitures for 2024 were $12.174B, a 71711.76% decline from 2023.
- Truist Financial annual net acquisitions/divestitures for 2023 were $-0.017B, a 99.64% decline from 2022.
- Truist Financial annual net acquisitions/divestitures for 2022 were $-4.673B, a 185.29% increase from 2021.
Truist Financial Annual Net Acquisitions/Divestitures
(Millions of US $) |
| 2024 |
$12,174 |
| 2023 |
$-17 |
| 2022 |
$-4,673 |
| 2021 |
$-1,638 |
| 2020 |
$-2,439 |
| 2019 |
$6,256 |
| 2018 |
$-296 |
| 2017 |
$ |
| 2016 |
$-726 |
| 2015 |
$1,055 |
| 2014 |
$1,025 |
| 2013 |
$516 |
| 2012 |
$675 |
| 2011 |
$-86 |
| 2010 |
$-839 |
| 2009 |
$4,502 |
| Sector |
Industry |
Market Cap |
Revenue |
| Finance |
Banks - Major Regional |
$60.190B |
$24.253B |
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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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