Discontinued — last reported Q4 '24
Business Segments · Goodwill
IH — Goodwill
Truist Financial IH — Goodwill decreased by 100.0% to $0.00 in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 100.0%, from $3.75B to $0.00. Over 2 years (FY 2021 to FY 2023), IH — Goodwill shows an upward trend with a 16.6% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2017
Last reportedQ4 2024
Rolls up toGoodwill
How to read this metric
An increase suggests recent acquisition activity, while a decrease indicates potential impairment or divestiture.
Detailed definition
This represents the carrying value of intangible assets arising from the acquisition of insurance-related businesses wit...
Peer comparison
Commonly reported by financial institutions with significant insurance or wealth management subsidiaries as part of their segment assets.
Metric ID:
tfc_segment_ih_goodwillHistorical Data
12 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q4 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.48B | $3.04B | $3.08B | $3.27B | $3.28B | $3.79B | $3.99B | $3.78B | $3.78B | $3.75B | $3.75B | $0.00 |
| QoQ Change | — | +22.5% | +1.3% | +6.1% | +0.4% | +15.6% | +5.4% | -5.4% | -0.0% | -0.9% | +0.0% | -100.0% |
| YoY Change | — | — | — | — | +32.2% | +24.7% | +29.7% | +15.7% | +15.2% | -1.2% | -6.2% | -100.0% |
Range$0.00 – $3.99B
CAGR-100.0%
Avg YoY Growth+1.3%
Median YoY Growth+15.4%
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Frequently Asked Questions
- What is Truist Financial's ih — goodwill?
- Truist Financial (TFC) reported ih — goodwill of $0.00 in Q4 2024.
- How has Truist Financial's ih — goodwill changed year-over-year?
- Truist Financial's ih — goodwill decreased by 100.0% year-over-year, from $3.75B to $0.00.
- What is the long-term trend for Truist Financial's ih — goodwill?
- Over 2 years (2021 to 2023), Truist Financial's ih — goodwill has grown at a 16.6% compound annual growth rate (CAGR), from $11.07B to $15.05B.
- What does ih — goodwill mean?
- The total value of intangible assets recorded from past insurance business acquisitions.