Discontinued — last reported Q3 '16
A smaller loss or higher profit indicates effective management of corporate overhead and funding costs, whereas a widening loss suggests rising unallocated expenses or unfavorable corporate-level adjustments.
This metric reflects the net profit or loss generated by the corporate and other segment, which serves as a repository f...
Most large regional and money-center banks maintain a similar 'Corporate' segment, though the specific items included vary by organizational structure.
tfc_segment_corporate_and_other_profit_loss