Discontinued — last reported Q4 '23

Business Segments · Goodwill, Impairment Loss

IH — Goodwill, Impairment Loss

This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ1 2021
Last reportedQ4 2023

How to read this metric

An increase signals a deterioration in the value of past acquisitions and potential future earnings pressure.

Detailed definition

This represents the non-cash charge recognized when the carrying amount of goodwill in the Insurance Holdings segment ex...

Peer comparison

Standard accounting metric across all public companies; peers typically report this as zero unless significant market shifts occur.

Metric ID: tfc_segment_ih_goodwill_impairment_loss

Historical Data

3 years
 FY'21FY'22FY'23
Value$0.00$0.00$0.00
Range$0.00$0.00

Frequently Asked Questions

What is Truist Financial's ih — goodwill, impairment loss?
Truist Financial (TFC) reported ih — goodwill, impairment loss of $0.00 in Q4 2023.
What does ih — goodwill, impairment loss mean?
A non-cash expense recorded when the value of acquired insurance businesses is deemed to have declined.