Business Segments · Personnel expense

WB — Personnel expense

Truist Financial WB — Personnel expense decreased by 11.0% to $612.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.9%, from $557.00M to $612.00M. Over 2 years (FY 2022 to FY 2025), WB — Personnel expense shows relatively stable performance with a 0.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026

How to read this metric

Rising expenses may indicate headcount growth or higher incentive payouts, while declining expenses could suggest cost-cutting measures or efficiency improvements.

Detailed definition

This includes all compensation-related costs for employees dedicated to the Wholesale Banking segment, including salarie...

Peer comparison

Standard operating expense category across all banking institutions.

Metric ID: tfc_segment_wb_personnel_expense

Historical Data

15 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$595.75M$595.75M$595.75M$595.75M$585.25M$585.25M$585.25M$585.25M$586.00M$578.00M$557.00M$559.00M$592.00M$688.00M$612.00M
QoQ Change+0.0%+0.0%+0.0%-1.8%+0.0%+0.0%+0.0%+0.1%-1.4%-3.6%+0.4%+5.9%+16.2%-11.0%
YoY Change-1.8%-1.8%-1.8%-1.8%+0.1%-1.2%-4.6%+2.4%+9.9%
Range$557.00M$688.00M
CAGR+0.8%
Avg YoY Growth-0.1%
Median YoY Growth-1.8%

Frequently Asked Questions

What is Truist Financial's wb — personnel expense?
Truist Financial (TFC) reported wb — personnel expense of $612.00M in Q1 2026.
How has Truist Financial's wb — personnel expense changed year-over-year?
Truist Financial's wb — personnel expense increased by 9.9% year-over-year, from $557.00M to $612.00M.
What is the long-term trend for Truist Financial's wb — personnel expense?
Over 2 years (2022 to 2025), Truist Financial's wb — personnel expense has grown at a 0.3% compound annual growth rate (CAGR), from $2.38B to $2.40B.
What does wb — personnel expense mean?
The total cost of salaries and benefits for staff working in the Wholesale Banking division.