Truist Financial (TFC) Wages, Salaries and Other (2009 - 2026)
Truist Financial (TFC) posted Wages, Salaries and Other of $1.79 billion for Q2 2026, up 6.8% from $1.68 billion a year earlier and up 3.8% from the prior quarter.
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Analysis
Truist Financial (TFC) Wages, Salaries and Other (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Wages, Salaries and Other at Truist Financial was $7.13 billion, up 8.3% year-over-year; for FY2025, it was $6.85 billion, up 4.0% from FY2024.
- Annual Wages, Salaries and Other shows a five-year compound annual growth rate of -3.4% (FY2020 to FY2025).
- In prior years, Truist Financial's Wages, Salaries and Other was $6.59 billion in FY2024 (-2.6%), $6.77 billion in FY2023 (+3.2%), $6.56 billion in FY2022 (-24.0%) and $8.63 billion in FY2021 (+6.0%).
- Quarterly Wages, Salaries and Other has run from a low of $289 million in Q4 2022 to a high of $2.19 billion in Q3 2021 over five years.
- On a year-over-year basis, Wages, Salaries and Other has increased in each of the last five quarters, with growth averaging 3.4% over the last eight quarters.
- The strongest year-over-year quarter for Wages, Salaries and Other in the past five years was Q4 2023, with growth of 496.2%; the weakest was Q4 2022, with a decline of 86.2%.
- According to Business Quant data, Wages, Salaries and Other for the three prior quarters was $1.73 billion (Q1 2026), $1.88 billion (Q4 2025) and $1.73 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Wages (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 883.45 Bn | 912.92 Bn | - | 15.16 Bn |
| 2 | Banco Santander Chile | 401.52 Bn | 521.46 Bn | - | -104.91 Bn |
| 3 | Bank Of America | 377.43 Bn | -1,998.64 Bn | - | 10.99 Bn |
| 4 | Hsbc Holdings | 330.31 Bn | 330.37 Bn | - | - |
| 5 | Morgan Stanley | 299.17 Bn | -209.92 Bn | - | 8.19 Bn |
| 6 | Royal Bank Of Canada | 274.08 Bn | 124.82 Bn | - | - |
| 7 | Mitsubishi Ufj Financial | 270.70 Bn | -1,317.79 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 263.13 Bn | -3,293.98 Bn | - | 6.10 Bn |
| 9 | Wells Fargo & Company | 243.64 Bn | 245.78 Bn | - | 8.85 Bn |
| 10 | Truist Financial | 56.76 Bn | 56.76 Bn | - | 1.79 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.79 Bn |
| Mar 31, 2026 | 1.73 Bn |
| Dec 31, 2025 | 1.88 Bn |
| Sep 30, 2025 | 1.73 Bn |
| Jun 30, 2025 | 1.68 Bn |
| Mar 31, 2025 | 1.60 Bn |
| Dec 31, 2024 | 1.67 Bn |
| Sep 30, 2024 | 1.63 Bn |
| Jun 30, 2024 | 1.66 Bn |
| Mar 31, 2024 | 1.63 Bn |
| Dec 31, 2023 | 1.72 Bn |
| Sep 30, 2023 | 1.67 Bn |
| Jun 30, 2023 | 1.71 Bn |
| Mar 31, 2023 | 1.67 Bn |
| Dec 31, 2022 | 289.00 Mn |
| Sep 30, 2022 | 2.12 Bn |
| Jun 30, 2022 | 2.10 Bn |
| Mar 31, 2022 | 2.05 Bn |
| Dec 31, 2021 | 2.10 Bn |
| Sep 30, 2021 | 2.19 Bn |
API Access
Truist Financial Wages, Salaries and Other 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=wages-salaries-and-other&ticker=TFC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "wages-salaries-and-other", "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=wages-salaries-and-other&ticker=TFC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();