TRUIST FINANCIAL CORP Deferred Income Tax 2008-2025 | TFC
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What is deferred income tax?
Deferred income tax represents the difference between income tax expense recognized on the income statement and the actual tax liability paid.
What is TRUIST FINANCIAL CORP's current deferred income tax?
TRUIST FINANCIAL CORP (TFC) annual deferred income tax for 2025 was $-125.0M, a 362.96% decline from 2024.
What was TRUIST FINANCIAL CORP's deferred income tax in 2024?
TRUIST FINANCIAL CORP annual deferred income tax for 2024 was $-27.0M, a 93.40% increase from 2023.
What was TRUIST FINANCIAL CORP's deferred income tax in 2023?
TRUIST FINANCIAL CORP annual deferred income tax for 2023 was $-409.0M, a 210.54% decline from 2022.
Deferred Income Tax History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Stable
CAGRN/A
FY2020
$-153.0M
→
FY2025
$-125.0M
080910111213141516171819202122232425
5 years selected
Deferred Income Tax History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $-125.0M | -363.0% | 10-K |
| FY2024 | $-27.0M | +93.4% | 10-K |
| FY2023 | $-409.0M | -210.5% | 10-K |
| FY2022 | $370.0M | +5.1% | 10-K |
| FY2021 | $352.0M | +330.1% | 10-K |
| FY2020 | $-153.0M | -146.6% | 10-K |
| FY2019 | $328.0M | +1326.1% | 10-K |
| FY2018 | $23.0M | -92.1% | 10-K |
| FY2017 | $292.0M | +14500.0% | 10-K |
| FY2016 | $2.0M | -98.2% | 10-K |
| FY2015 | $110.0M | -17.9% | 10-K |
| FY2014 | $134.0M | -56.4% | 10-K |
| FY2013 | $307.0M | -26.7% | 10-K |
| FY2012 | $419.0M | +126.5% | 10-K |
| FY2011 | $185.0M | +380.3% | 10-K |
| FY2010 | $-66.0M | +58.8% | 10-K |
| FY2009 | $-160.0M | +63.5% | 10-K |
| FY2008 | $-438.0M | - | 10-K |
Company: TRUIST FINANCIAL CORPTicker: TFCSector: Financial ServicesIndustry: National Commercial BanksView company profile →