Truist Financial (TFC) Operating Expenses (2009 - 2026)
Truist Financial (TFC) reported Operating Expenses of $3.0 billion for Q1 2026, up 2.65% on a YoY basis from $2.9 billion in Q1 2025, and down 5.9% quarter-over-quarter from $3.2 billion in Q4 2025.
Truist Financial (TFC) Operating Expenses (2009 - 2026) Analysis & Trends
Truist Financial has reported Operating Expenses for 18 years, with the latest figure at $3.0 billion in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 2.65% year-over-year to $3.0 billion; the trailing twelve-month figure through Mar 2026 stood at $12.2 billion (up 1.6% YoY), and the FY2025 full-year result was $12.1 billion, up 0.56% from the prior year.
- Operating Expenses for Q1 2026 stood at $3.0 billion, down from $3.2 billion in the prior quarter.
- The five-year high for Operating Expenses was $9.6 billion in Q4 2023, with the low 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 2024.
- Annual changes were most pronounced in 2023 — Operating Expenses jumped 635.15% — and 2024, when it plunged 68.24%.
- Truist Financial's Operating Expenses stood at $1.3 billion in 2022, then jumped by 635.15% to $9.6 billion in 2023, then sank by 68.24% to $3.0 billion in 2024, then gained by 4.45% to $3.2 billion in 2025, then slipped by 5.9% to $3.0 billion in 2026.
- The last three Operating Expenses figures came in at $3.0 billion (Q1 2026), $3.2 billion (Q4 2025), and $3.0 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -287,925.00 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -3.86 Bn |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 7.75 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 11.90 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -2.75 Bn |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | -1.06 Bn |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | 137.67 Mn |
| 10 | Truist Financial | 64.50 Bn | 64.50 Bn | - | 2.98 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |