Truist Financial Corp (TFC) Operating Expenses (2009 - 2026)
Truist Financial's Operating Expenses was $3.06 billion in Q2 2026, up 2.3% from $2.99 billion a year earlier and up 2.4% from the prior quarter.
Truist Financial Corp (TFC) Operating Expenses (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Truist Financial's Operating Expenses was $12.22 billion through Jun 30, 2026, up 3.1% year-over-year; for FY2025, it came in at $12.08 billion, up 0.6% from FY2024.
- Operating Expenses shows a five-year compound annual growth rate of -4.1% (FY2020 to FY2025).
- In earlier years, Operating Expenses was $12.01 billion in FY2024 (-35.7%), $18.68 billion in FY2023 (+53.5%), $12.17 billion in FY2022 (-19.5%) and $15.12 billion in FY2021 (+1.5%).
- Quarterly Operating Expenses has moved between $1.3 billion (Q4 2022) and $9.56 billion (Q4 2023) over five years.
- Compared with a year earlier, Operating Expenses has increased for four straight quarters, with an average decline of 8.2% over the last eight quarters.
- The best year-over-year quarter for Operating Expenses over five years was Q4 2023 (growth of 635.2%); the worst was Q4 2024 (a decline of 68.2%).
- Per Business Quant data, TFC's Operating Expenses in the three quarters before Q2 2026 was $2.98 billion (Q1 2026), $3.17 billion (Q4 2025) and $3.01 billion (Q3 2025).
Peer Comparison
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 |
Truist Financial Corp Operating Expenses 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=operating-expenses&ticker=TFC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=TFC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();