Truist Financial Corporation (TFC) Quick Ratio (Acid-Test): 0.87
Is Truist Financial Corporation’s quick ratio (acid-test) high or low?
Truist Financial Corporation's quick ratio (acid-test) of 0.87 is 123% above its 5-year average of 0.39, near the high end of its 5-year range (0.14–0.87).
As of Saturday, June 13, 2026. 72.28% above its 12-month average of 0.51.
TFC Quick Ratio (Acid-Test) Chart
TFC Average Quick Ratio (Acid-Test) Chart
TFC Current vs Average Quick Ratio (Acid-Test) Chart
TFC Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
0.87
QUICK RATIO (ACID-TEST) AVG TTM
0.51
QUICK RATIO (ACID-TEST) AVG 3Y
0.38
QUICK RATIO (ACID-TEST) AVG 5Y
0.39
QUICK RATIO (ACID-TEST) AVG 10Y
0.31
QUICK RATIO (ACID-TEST) AVG 15Y
0.27
QUICK RATIO (ACID-TEST) AVG 20Y
0.27
CURRENT VS TTM AVG
+72.28%
CURRENT VS 3Y AVG
+130.46%
CURRENT VS 5Y AVG
+123.08%
CURRENT VS 10Y AVG
+181.47%
CURRENT VS 15Y AVG
+220.00%
CURRENT VS 20Y AVG
+218.29%
TFC Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Truist Financial Corporation (TFC) | $64.36B | 0.87 | 0.51 | 0.38 | 0.39 |
| The Travelers Companies, Inc. (TRV) | $64.74B | 0.55 | 0.91 | 1.11 | 1.16 |
| Aflac Incorporated (AFL) | $59.96B | 0.00 | 144.22 | 178.11 | 178.11 |
| MetLife, Inc. (MET) | $57.16B | 0.65 | 0.60 | 0.97 | 1.07 |
| Aon plc (AON) | $71.61B | 1.11 | 1.06 | 1.04 | 1.04 |
| The Allstate Corporation (ALL) | $57.05B | 0.37 | 0.37 | 0.37 | 0.37 |
| Arthur J. Gallagher & Co. (AJG) | $56.19B | 1.06 | 1.29 | 1.16 | 1.13 |
| Apollo Global Management, Inc. (APO) | $77.18B | 0.78 | 0.79 | 0.78 | 0.93 |
| Moody's Corporation (MCO) | $78.24B | 1.74 | 1.58 | 1.65 | 1.70 |
| Discover Financial Services (DFS) | $50.34B | 0.15 | 0.72 | 0.42 | 0.33 |
Liquidity Comparison
Quick Ratio
0.87
Excludes inventory
Current Ratio
0.87
Includes inventory
Truist Financial Corporation Quick Ratio (Acid-Test) Formula & Definition
Quick Ratio = (Current Assets − Inventory) / Current Liabilities
The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Truist Financial Corporation Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for Truist Financial Corporation (TFC)?
- The quick ratio (acid-test) for TFC stock is 0.87.
- Is Truist Financial Corporation's quick ratio (acid-test) high or low?
- Truist Financial Corporation's quick ratio (acid-test) of 0.87 is 123% above its 5-year average of 0.39, near the high end of its 5-year range (0.14–0.87).
- What is the TTM average quick ratio (acid-test) for Truist Financial Corporation (TFC)?
- The TTM average quick ratio (acid-test) for TFC stock is 0.51.
- What is the 3Y average quick ratio (acid-test) for Truist Financial Corporation (TFC)?
- The 3Y average quick ratio (acid-test) for TFC stock is 0.38.
- What is the 5Y average quick ratio (acid-test) for Truist Financial Corporation (TFC)?
- The 5Y average quick ratio (acid-test) for TFC stock is 0.39.
- What is the 10Y average quick ratio (acid-test) for Truist Financial Corporation (TFC)?
- The 10Y average quick ratio (acid-test) for TFC stock is 0.31.
- What is the 15Y average quick ratio (acid-test) for Truist Financial Corporation (TFC)?
- The 15Y average quick ratio (acid-test) for TFC stock is 0.27.
- What is the 20Y average quick ratio (acid-test) for Truist Financial Corporation (TFC)?
- The 20Y average quick ratio (acid-test) for TFC stock is 0.27.
Truist Financial Corporation Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2025-12-31 | 0.87 |
| 2024-12-31 | 0.14 |
| 2023-12-31 | 0.26 |
| 2022-12-31 | 0.24 |
| 2021-12-31 | 0.44 |
| 2020-12-31 | 0.39 |
| 2019-12-31 | 0.31 |
| 2018-12-31 | 0.21 |
| 2017-12-31 | 0.17 |
| 2016-12-31 | 0.19 |
| 2015-12-31 | 0.18 |
| 2014-12-31 | 0.16 |
| 2013-12-31 | 0.17 |
| 2012-12-31 | 0.20 |
| 2011-12-31 | 0.20 |
| 2010-12-31 | 0.22 |
| 2009-12-31 | 0.29 |
| 2008-12-31 | 0.31 |
| 2007-12-31 | 0.26 |
| 2006-12-31 | 0.27 |
| 2005-12-31 | 0.26 |
| 2004-12-31 | 0.04 |
| 2003-12-31 | 0.04 |
| 2002-12-31 | 0.04 |
| 2001-12-31 | 0.04 |
| 2000-12-31 | 0.03 |
| 1999-12-31 | 0.04 |
| 1998-12-31 | 0.03 |
| 1997-12-31 | 0.05 |
| 1996-12-31 | 0.04 |
Related Metrics
About Truist Financial Corporation
Truist Financial Corporation operates as a diversified financial holding company, providing an extensive array of banking and trust services throughout the Southeastern and Mid-Atlantic regions of the United States. Its business activities are structured across three main segments: Consumer Banking and Wealth, Corporate and Commercial Banking, and Insurance Holdings. The corporation offers a broad spectrum of deposit products, including both interest-bearing and noninterest-bearing checking accounts, savings accounts, money market deposit accounts, certificates of deposit (CDs), and individual retirement accounts (IRAs). Beyond deposit services, Truist delivers a comprehensive suite of financial solutions. These include various lending options such as automobile, bankcard, consumer, home equity, mortgage, small business, and student loans, alongside specialized commercial financing for areas like floor plan, real estate, and mortgage warehousing, as well as lease and supply chain financing. The company also provides extensive wealth management and investment services, encompassing asset management, investment brokerage, private banking, capital markets, institutional trust, and private equity investment solutions. Further offerings include corporate and investment banking, securities underwriting, and advisory services. Additionally, Truist offers a wide range of insurance products, covering property and casualty, life, health, employee benefits, workers' compensation, professional liability, surety, and title insurance. Digital banking platforms (mobile and online), payment processing, international banking, merchant services, and treasury management are also integral parts of its service portfolio. Headquartered in Charlotte, North Carolina, Truist Financial Corporation was founded in 1872. As of December 31, 2021, the company maintained a substantial presence with 2,517 banking offices. The organization officially adopted its current name, Truist Financial Corporation, in December 2019, having previously operated as BB&T Corporation.
- Sector
- Financial Services
- Industry
- Banks - Regional
- CEO
- William Henry Rogers Jr.