Truist Financial (TFC) Operating Expenses (2009 - 2026)

Truist Financial (TFC) posted Operating Expenses of $3.0 billion for Q1 2026, down 5.9% on a QoQ basis from $3.2 billion in Q4 2025, and up 2.65% year-over-year from $2.9 billion in Q1 2025.

Truist Financial (TFC) Operating Expenses (2009 - 2026) Analysis & Trends

Truist Financial's Operating Expenses history runs 18 years deep, the most recent figure standing at $3.0 billion for Q1 2026.

  • Quarterly Operating Expenses rose 2.65% year-over-year to $3.0 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $12.2 billion (up 1.6% YoY) and the FY2025 annual result came in at $12.1 billion, up 0.56% from the prior year.
  • Operating Expenses was $3.0 billion for Q1 2026 at Truist Financial, down from $3.2 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $9.6 billion in Q4 2023 and bottomed at $1.3 billion in Q4 2022.
  • A 5-year average of $3.4 billion and a median of $3.0 billion in 2024 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2023 — Operating Expenses jumped 635.15% — and 2024, when it tumbled 68.24%.
  • Truist Financial's Operating Expenses stood at $1.3 billion in 2022, then soared by 635.15% to $9.6 billion in 2023, then tumbled by 68.24% to $3.0 billion in 2024, then climbed by 4.45% to $3.2 billion in 2025, then declined by 5.9% to $3.0 billion in 2026.
  • Business Quant data shows TFC's Operating Expenses at $3.0 billion in Q1 2026, $3.2 billion in Q4 2025, and $3.0 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 -19.71 Mn
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - -1.04 Bn
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 -287,925.00
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn -2.75 Bn
5 Mizuho Financial 385.64 Bn 389.59 Bn - -17.40 Bn
6 Lloyds Banking 358.14 Bn 358.14 Bn - -3.86 Bn
7 First Capital 200.03 Bn 199.69 Bn - 7.75 Mn
8 Landmark Bancorp 187.97 Bn 187.94 Bn - 11.90 Mn
9 Pnc Financial Services 100.96 Bn 101.01 Bn - 3.77 Bn
10 Truist Financial 63.79 Bn 63.79 Bn - 2.98 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.98 Bn
Dec 31, 2025 3.17 Bn
Sep 30, 2025 3.01 Bn
Jun 30, 2025 2.99 Bn
Mar 31, 2025 2.91 Bn
Dec 31, 2024 3.04 Bn
Sep 30, 2024 2.93 Bn
Jun 30, 2024 3.09 Bn
Mar 31, 2024 2.95 Bn
Dec 31, 2023 9.56 Bn
Sep 30, 2023 3.06 Bn
Jun 30, 2023 3.05 Bn
Mar 31, 2023 3.02 Bn
Dec 31, 2022 1.30 Bn
Sep 30, 2022 3.61 Bn
Jun 30, 2022 3.58 Bn
Mar 31, 2022 3.67 Bn
Dec 31, 2021 3.70 Bn
Sep 30, 2021 3.80 Bn
Jun 30, 2021 4.01 Bn