Operating Expenses

Professional fees

Truist Financial Professional fees decreased by 7.1% to $313.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 14.0%, from $364.00M to $313.00M. Over 4 years (FY 2021 to FY 2025), Professional fees shows relatively stable performance with a -0.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2025
Last reportedQ1 2026

How to read this metric

An increase often signals heightened regulatory scrutiny, major transformation projects, or legal challenges, whereas a decrease suggests stable operations.

Detailed definition

This metric includes payments made to third-party legal, accounting, consulting, and advisory firms for specialized serv...

Peer comparison

Standard line item across all public companies; high levels relative to peers can indicate complex litigation or aggressive restructuring.

Metric ID: is_professional_fees

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$341.00M$372.00M$379.00M$363.00M$349.00M$352.00M$347.00M$314.00M$352.00M$317.00M$358.00M$278.00M$308.00M$336.00M$415.00M$364.00M$373.00M$346.00M$337.00M$313.00M
QoQ Change+9.1%+1.9%-4.2%-3.9%+0.9%-1.4%-9.5%+12.1%-9.9%+12.9%-22.3%+10.8%+9.1%+23.5%-12.3%+2.5%-7.2%-2.6%-7.1%
YoY Change+2.3%-5.4%-8.4%-13.5%+0.9%-9.9%+3.2%-11.5%-12.5%+6.0%+15.9%+30.9%+21.1%+3.0%-18.8%-14.0%
Range$278.00M$415.00M
CAGR-1.8%
Avg YoY Growth-0.7%
Median YoY Growth-2.3%
Current Streak3 quarters decline

Professional fees at Other Companies

Frequently Asked Questions

What is Truist Financial's professional fees?
Truist Financial (TFC) reported professional fees of $313.00M in Q1 2026.
How has Truist Financial's professional fees changed year-over-year?
Truist Financial's professional fees decreased by 14.0% year-over-year, from $364.00M to $313.00M.
What is the long-term trend for Truist Financial's professional fees?
Over 4 years (2021 to 2025), Truist Financial's professional fees has grown at a -0.4% compound annual growth rate (CAGR), from $1.44B to $1.42B.
What does professional fees mean?
The total expenditure on external legal, consulting, and professional advisory services.