Truist Financial (TFC) Interest Expense - Debt (2009 - 2026)
Truist Financial (TFC) reported Interest Expense - Debt of $485 million for Q2 2026, up 12.5% from $431 million a year earlier and up 9.0% from the prior quarter.
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Analysis
Truist Financial (TFC) Interest Expense - Debt (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Truist Financial's Interest Expense - Debt came in at $1.93 billion, up 12.1% year-over-year; for FY2025, it came in at $1.84 billion, up 1.7% from FY2024.
- Interest Expense - Debt has a five-year compound annual growth rate of 18.2% (FY2020 to FY2025).
- By year, Interest Expense - Debt came in at $1.81 billion in FY2024 (-18.1%), $2.22 billion in FY2023 (+180.0%), $791 million in FY2022 (+38.0%) and $573 million in FY2021 (-28.4%).
- Five-year quarterly Interest Expense - Debt spans a low of $127 million in Q4 2021 and a high of $734 million in Q2 2023.
- Year over year, Interest Expense - Debt has now increased in each of the last four quarters, with growth averaging 1.6% over the last eight quarters.
- The high point for year-over-year Interest Expense - Debt in five years was Q2 2023 (growth of 435.8%); the low point was Q2 2024 (a decline of 39.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $445 million (Q1 2026), $481 million (Q4 2025) and $523 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 890.60 Bn | 920.07 Bn | - | 4.47 Bn |
| 2 | Banco Santander Chile | 421.74 Bn | 541.68 Bn | - | - |
| 3 | Bank Of America | 385.85 Bn | -1,990.22 Bn | - | 3.10 Bn |
| 4 | Hsbc Holdings | 345.94 Bn | 345.99 Bn | - | - |
| 5 | Morgan Stanley | 303.15 Bn | -205.95 Bn | - | 3.41 Bn |
| 6 | Royal Bank Of Canada | 279.82 Bn | 130.57 Bn | - | - |
| 7 | Mitsubishi Ufj Financial | 274.62 Bn | -1,313.87 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 267.07 Bn | -3,290.04 Bn | - | 2.62 Bn |
| 9 | Wells Fargo & Company | 243.79 Bn | 245.93 Bn | - | 2.39 Bn |
| 10 | Truist Financial | 56.73 Bn | 56.73 Bn | - | 485.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 485.00 Mn |
| Mar 31, 2026 | 445.00 Mn |
| Dec 31, 2025 | 481.00 Mn |
| Sep 30, 2025 | 523.00 Mn |
| Jun 30, 2025 | 431.00 Mn |
| Mar 31, 2025 | 409.00 Mn |
| Dec 31, 2024 | 431.00 Mn |
| Sep 30, 2024 | 454.00 Mn |
| Jun 30, 2024 | 446.00 Mn |
| Mar 31, 2024 | 482.00 Mn |
| Dec 31, 2023 | 476.00 Mn |
| Sep 30, 2023 | 491.00 Mn |
| Jun 30, 2023 | 734.00 Mn |
| Mar 31, 2023 | 514.00 Mn |
| Dec 31, 2022 | 332.00 Mn |
| Sep 30, 2022 | 190.00 Mn |
| Jun 30, 2022 | 137.00 Mn |
| Mar 31, 2022 | 132.00 Mn |
| Dec 31, 2021 | 127.00 Mn |
| Sep 30, 2021 | 151.00 Mn |
API Access
Truist Financial Interest Expense - Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=TFC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-debt", "ticker": "TFC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=TFC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();