Discontinued — last reported Q3 '24
Truist Financial OT&C — Segment net interest income after provision increased by 13.0% to -$688.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 4.4%, from -$659.00M to -$688.00M. This is a positive signal — higher values indicate stronger performance for this metric.
An increase indicates improved net interest margins or lower credit risk expectations within the corporate treasury function, while a decrease suggests compressed margins or higher anticipated credit losses.
This metric represents the net interest income generated by the Other, Treasury & Corporate segment after accounting for...
Comparable to 'Net Interest Income after Provision' in the corporate or treasury segments of other large regional or money-center banks.
tfc_segment_ot_c_segment_net_interest_income_after_provision| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$78.00M | $55.00M | -$249.00M | -$228.00M | -$556.00M | -$933.00M | -$634.00M | -$661.00M | -$659.00M | -$769.00M | -$909.00M | -$791.00M | -$688.00M |
| QoQ Change | — | +170.5% | -552.7% | +8.4% | -143.9% | -67.8% | +32.0% | -4.3% | +0.3% | -16.7% | -18.2% | +13.0% | +13.0% |
| YoY Change | — | — | — | -192.3% | <-999% | — | -154.6% | -189.9% | -18.5% | +17.6% | -43.4% | -19.7% | -4.4% |