Discontinued — last reported Q4 '23
Business Segments · Goodwill, Impairment Loss
CB&W — Goodwill, Impairment Loss
Truist Financial CB&W — Goodwill, Impairment Loss remained flat by 0.0% to $840.25M in Q4 2023 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2021
Last reportedQ4 2023
How to read this metric
A high value is a negative signal indicating that previous acquisitions were overpriced or that the segment's market position has weakened.
Detailed definition
This represents a non-cash charge taken when the carrying value of goodwill allocated to the Consumer Banking and Wealth...
Peer comparison
Reported by all public companies; peers report this as a significant non-operating expense.
Metric ID:
tfc_segment_cb_w_goodwill_impairment_lossHistorical Data
3 years
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $0.00 | $0.00 | $3.36B |
Range$0.00 – $3.36B
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Frequently Asked Questions
- What is Truist Financial's cb&w — goodwill, impairment loss?
- Truist Financial (TFC) reported cb&w — goodwill, impairment loss of $840.25M in Q4 2023.
- What does cb&w — goodwill, impairment loss mean?
- A write-down of the value of acquired businesses because they are performing worse than expected.