Truist Financial (TFC) Operating Expenses (2009 - 2026)
Truist Financial (TFC) posted quarterly Operating Expenses of $3.1 billion for Q2 2026, up 2.31% year-over-year from $3.0 billion in Q2 2025, and up 2.41% on a QoQ basis from $3.0 billion in Q1 2026.
Truist Financial (TFC) Operating Expenses (2009 - 2026) Analysis & Trends
Truist Financial has reported Operating Expenses for 18 years, with the latest figure at $3.1 billion in Q2 2026.
- Operating Expenses for Q2 2026 came in at $3.1 billion, up 2.31% year-over-year; the trailing twelve-month figure through Jun 2026 was $12.2 billion (up 3.1% YoY), and the FY2025 annual result was $12.1 billion, up 0.56% from the prior year.
- Operating Expenses improved to $3.1 billion in Q2 2026, from $3.0 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $9.6 billion in Q4 2023 and troughed at $1.3 billion in Q4 2022.
- A 5-year average of $3.4 billion and a median of $3.0 billion in 2023 frame the typical range for Operating Expenses.
- The widest annual swing landed in 2023, when Operating Expenses jumped 635.15%; it then tumbled 68.24% in 2024.
- A 5-year view of Operating Expenses shows it stood at $1.3 billion in 2022, then jumped by 635.15% to $9.6 billion in 2023, then tumbled by 68.24% to $3.0 billion in 2024, then gained by 4.45% to $3.2 billion in 2025, then slipped by 3.63% to $3.1 billion in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $3.1 billion in Q2 2026, $3.0 billion in Q1 2026, and $3.2 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 4.10 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 4.43 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -3.83 Bn |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -2.79 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 2.60 Bn |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | -599.79 Mn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 3.06 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 2.11 Bn |
| 10 | Itau Unibanco Holding | 42.02 Bn | 43.71 Bn | - | - |
Historic Data
Download 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 |