Truist Financial (WBO:TFC) Allowance For Loans And Lease Losses : €-4,419 Mil (As of Mar. 2024)

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What is Truist Financial Allowance For Loans And Lease Losses?

Truist Financial's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was €-4,419 Mil.

Truist Financial's quarterly Allowance For Loans And Lease Losses declined from Sep. 2023 (€-4,397 Mil) to Dec. 2023 (€-4,400 Mil) and declined from Dec. 2023 (€-4,400 Mil) to Mar. 2024 (€-4,419 Mil).

Truist Financial's annual Allowance For Loans And Lease Losses declined from Dec. 2021 (€-3,925 Mil) to Dec. 2022 (€-4,132 Mil) and declined from Dec. 2022 (€-4,132 Mil) to Dec. 2023 (€-4,400 Mil).

Truist Financial Allowance For Loans And Lease Losses Historical Data

The historical data trend for Truist Financial's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Truist Financial Allowance For Loans And Lease Losses Chart

Truist Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-1,385.10

-4,796.37

-3,924.98

-4,131.89

-4,399.77

Truist Financial Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-4,183.39	-4,251.34	-4,397.34	-4,399.77	-4,418.76

Truist Financial Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

Truist Financial Allowance For Loans And Lease Losses Related Terms

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Truist Financial (WBO:TFC) Business Description

Industry

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Address

214 North Tryon Street, Charlotte, NC, USA, 28202

Website

https://www.truist.com

Based in Charlotte, North Carolina, Truist is the combination of BB&T and SunTrust. Truist is a regional bank with a presence primarily in the Southeastern United States. In addition to commercial banking, retail banking, and investment banking operations, the company operates several nonbank segments, the primary one being its insurance brokerage business.