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| 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 |