Truist Financial (TFC) Interest Expense - Deposits (2009 - 2026)
Truist Financial (TFC) posted Interest Expense - Deposits of $1.58 billion for Q2 2026, down 14.6% from $1.84 billion a year earlier but up 3.3% from the prior quarter.
Powered by 
Analysis
Truist Financial (TFC) Interest Expense - Deposits (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Interest Expense - Deposits at Truist Financial was $6.57 billion, down 11.8% year-over-year; for FY2025, it was $7.05 billion, down 10.2% from FY2024.
- Annual Interest Expense - Deposits shows a five-year compound annual growth rate of 55.1% (FY2020 to FY2025).
- In prior years, Truist Financial's Interest Expense - Deposits was $7.85 billion in FY2024 (+22.1%), $6.43 billion in FY2023 (+461.3%), $1.15 billion in FY2022 (+673.6%) and $148 million in FY2021 (-81.1%).
- Quarterly Interest Expense - Deposits has run from a low of $32 million in Q4 2021 to a high of $2.02 billion in Q2 2024 over five years.
- On a year-over-year basis, Interest Expense - Deposits has declined in each of the last seven quarters, with an average decline of 7.8% over the last eight quarters.
- The strongest year-over-year quarter for Interest Expense - Deposits in the past five years was Q3 2022, with growth of 903.0%; the weakest was Q3 2021, with a decline of 65.6%.
- According to Business Quant data, Interest Expense - Deposits for the three prior quarters was $1.53 billion (Q1 2026), $1.63 billion (Q4 2025) and $1.84 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 10.76 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 7.37 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 2.70 Bn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 7.85 Bn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | 3.48 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 5.10 Bn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 5.52 Bn |
| 10 | Truist Financial | 56.55 Bn | 56.55 Bn | - | 1.58 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.58 Bn |
| Mar 31, 2026 | 1.53 Bn |
| Dec 31, 2025 | 1.63 Bn |
| Sep 30, 2025 | 1.84 Bn |
| Jun 30, 2025 | 1.84 Bn |
| Mar 31, 2025 | 1.74 Bn |
| Dec 31, 2024 | 1.86 Bn |
| Sep 30, 2024 | 2.01 Bn |
| Jun 30, 2024 | 2.02 Bn |
| Mar 31, 2024 | 1.96 Bn |
| Dec 31, 2023 | 1.92 Bn |
| Sep 30, 2023 | 1.86 Bn |
| Jun 30, 2023 | 1.53 Bn |
| Mar 31, 2023 | 1.13 Bn |
| Dec 31, 2022 | 683.00 Mn |
| Sep 30, 2022 | 331.00 Mn |
| Jun 30, 2022 | 99.00 Mn |
| Mar 31, 2022 | 32.00 Mn |
| Dec 31, 2021 | 32.00 Mn |
| Sep 30, 2021 | 33.00 Mn |
API Access
Truist Financial Interest Expense - Deposits 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-deposits&ticker=TFC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-deposits", "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-deposits&ticker=TFC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();