Discontinued — last reported Q4 '23
Business Segments · Net income (loss)
IH — Net income (loss)
Truist Financial IH — Net income (loss) decreased by 100.0% to $0.00 in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 100.0%, from $121.00M to $0.00. Over 2 years (FY 2021 to FY 2023), IH — Net income (loss) shows a downward trend with a -25.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2017
Last reportedQ4 2023
Rolls up toNet Income
How to read this metric
Higher values indicate a strong contribution to the overall enterprise's bottom line.
Detailed definition
The final bottom-line profit or loss attributable to the Insurance Holdings segment after all expenses, taxes, and nonco...
Peer comparison
Standardized as 'Net Income' or 'Segment Earnings' in financial reporting.
Metric ID:
tfc_segment_ih_net_income_lossHistorical Data
11 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $156.00M | $105.00M | $116.00M | $152.00M | $178.00M | $95.00M | $121.00M | $111.00M | $155.00M | $17.00M | $0.00 |
| QoQ Change | — | -32.7% | +10.5% | +31.0% | +17.1% | -46.6% | +27.4% | -8.3% | +39.6% | -89.0% | -100.0% |
| YoY Change | — | — | — | — | +14.1% | -9.5% | +4.3% | -27.0% | -12.9% | -82.1% | -100.0% |
Range$0.00 – $178.00M
CAGR-100.0%
Avg YoY Growth-30.4%
Median YoY Growth-12.9%
Current Streak2 quarters decline
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Frequently Asked Questions
- What is Truist Financial's ih — net income (loss)?
- Truist Financial (TFC) reported ih — net income (loss) of $0.00 in Q4 2023.
- How has Truist Financial's ih — net income (loss) changed year-over-year?
- Truist Financial's ih — net income (loss) decreased by 100.0% year-over-year, from $121.00M to $0.00.
- What is the long-term trend for Truist Financial's ih — net income (loss)?
- Over 2 years (2021 to 2023), Truist Financial's ih — net income (loss) has grown at a -25.4% compound annual growth rate (CAGR), from $508.00M to $283.00M.
- What does ih — net income (loss) mean?
- The final net profit or loss of the insurance segment after all costs and taxes.