Truist Financial (TFC) Operating Expenses (2009 - 2026)
Truist Financial's (TFC) quarterly Operating Expenses came in at $3.1 billion in Q2 2026, up 2.31% on a YoY basis from $3.0 billion in Q2 2025, and up 2.41% quarter-over-quarter from $3.0 billion in Q1 2026.
Analysis
Truist Financial (TFC) Operating Expenses (2009 - 2026) Analysis & Trends
Truist Financial (TFC) has reported Operating Expenses for 18 consecutive years, with $3.1 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 2.31% year-over-year to $3.1 billion; the trailing twelve-month figure through Jun 2026 stood at $12.2 billion (up 3.1% YoY), and the FY2025 full-year result was $12.1 billion, up 0.56% from the prior year.
- Operating Expenses improved to $3.1 billion in Q2 2026 per TFC's latest filing, from $3.0 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.
- Historically, Operating Expenses has averaged $3.4 billion across 5 years, with a median of $3.0 billion in 2023.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses surged 635.15% in 2023, then sank 68.24% in 2024.
- Over 5 years, 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 3.63% to $3.1 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $3.1 billion, $3.0 billion, and $3.2 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.96 Bn | 948.96 Bn | - | -259.95 Bn |
| 2 | Truist Financial | 61.64 Bn | 61.64 Bn | - | 3.06 Bn |
| 3 | Fifth Third Bancorp | 49.62 Bn | 25.89 Bn | - | 2.11 Bn |
| 4 | M&T Bank | 34.88 Bn | 34.88 Bn | - | 1.35 Bn |
| 5 | Huntington Bancshares | 33.82 Bn | 29.29 Bn | - | 1.81 Bn |
| 6 | Citizens Financial | 29.46 Bn | 29.46 Bn | - | 1.39 Bn |
| 7 | Regions Financial | 25.57 Bn | 25.57 Bn | - | 1.12 Bn |
| 8 | First Citizens Bancshares | 25.00 Bn | 24.48 Bn | 29.00 Mn | 1.55 Bn |
| 9 | Keycorp | 23.27 Bn | -24.42 Bn | - | 1.22 Bn |
| 10 | East West Bancorp | 17.78 Bn | 12.69 Bn | - | 290.62 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.06 Bn |
| 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 |