Truist Financial (TFC) Interest Expense - Debt (2009 - 2026)
Truist Financial's (TFC) quarterly Interest Expense - Debt came in at $485.0 million in Q2 2026, up 12.53% on a YoY basis from $431.0 million in Q2 2025, and up 8.99% quarter-over-quarter from $445.0 million in Q1 2026.
Analysis
Truist Financial (TFC) Interest Expense - Debt (2009 - 2026) Analysis & Trends
Truist Financial (TFC) has reported Interest Expense - Debt for 18 consecutive years, with $485.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Expense - Debt rose 12.53% year-over-year to $485.0 million; the trailing twelve-month figure through Jun 2026 stood at $1.9 billion (up 12.12% YoY), and the FY2025 full-year result was $1.8 billion, up 1.71% from the prior year.
- Interest Expense - Debt climbed to $485.0 million in Q2 2026 per TFC's latest filing, from $445.0 million in the prior quarter.
- Across five years, Interest Expense - Debt topped out at $734.0 million in Q2 2023 and bottomed at $132.0 million in Q1 2022.
- Historically, Interest Expense - Debt has averaged $421.8 million across 5 years, with a median of $450.0 million in 2024.
- The sharpest annual moves came in 2023 and 2024: Interest Expense - Debt jumped 435.77% in 2023, then plunged 39.24% in 2024.
- Over 5 years, Interest Expense - Debt stood at $332.0 million in 2022, then jumped by 43.37% to $476.0 million in 2023, then dropped by 9.45% to $431.0 million in 2024, then grew by 11.6% to $481.0 million in 2025, then rose by 0.83% to $485.0 million in 2026.
- According to Business Quant data, Interest Expense - Debt over the past three periods registered $485.0 million, $445.0 million, and $481.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.96 Bn | 948.96 Bn | - | - |
| 2 | Truist Financial | 61.64 Bn | 61.64 Bn | - | 485.00 Mn |
| 3 | Fifth Third Bancorp | 49.62 Bn | 25.89 Bn | - | 228.00 Mn |
| 4 | M&T Bank | 34.88 Bn | 34.88 Bn | - | 170.00 Mn |
| 5 | Huntington Bancshares | 33.82 Bn | 29.29 Bn | - | 18.00 Mn |
| 6 | Citizens Financial | 29.46 Bn | 29.46 Bn | - | 156.00 Mn |
| 7 | Regions Financial | 25.57 Bn | 25.57 Bn | - | 52.00 Mn |
| 8 | First Citizens Bancshares | 25.00 Bn | 24.48 Bn | 29.00 Mn | 314.00 Mn |
| 9 | Keycorp | 23.27 Bn | -24.42 Bn | - | 155.00 Mn |
| 10 | East West Bancorp | 17.78 Bn | 12.69 Bn | - | 29.46 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 |