Cost of Revenue
Interest Expense on Short-Term Borrowings
Truist Financial Interest Expense on Short-Term Borrowings decreased by 4.7% to $286.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 14.9%, from $336.00M to $286.00M. Over 4 years (FY 2021 to FY 2025), Interest Expense on Short-Term Borrowings shows an upward trend with a 126.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionCost of Revenue
CategoryEfficiency
SignalLower is better
VolatilityVolatile
First reportedQ1 2013
Last reportedQ1 2026May 1, 2026
How to read this metric
Rising costs may indicate increased reliance on short-term wholesale funding or higher market rates for liquidity.
Detailed definition
This metric tracks the interest costs associated with short-term liabilities, such as federal funds purchased, repurchas...
Peer comparison
Standard for banks; peers often group this under 'Interest Expense on Short-Term Borrowings'.
Metric ID:
bac_interest_expense_short_term_borrowingsHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $15.00M | $9.00M | $9.00M | $10.00M | $30.00M | $103.00M | $242.00M | $278.00M | $311.00M | $343.00M | $354.00M | $366.00M | $362.00M | $282.00M | $303.00M | $336.00M | $292.00M | $299.00M | $300.00M | $286.00M |
| QoQ Change | — | -40.0% | +0.0% | +11.1% | +200.0% | +243.3% | +135.0% | +14.9% | +11.9% | +10.3% | +3.2% | +3.4% | -1.1% | -22.1% | +7.4% | +10.9% | -13.1% | +2.4% | +0.3% | -4.7% |
| YoY Change | — | — | — | — | +100.0% | >999% | >999% | >999% | +936.7% | +233.0% | +46.3% | +31.7% | +16.4% | -17.8% | -14.4% | -8.2% | -19.3% | +6.0% | -1.0% | -14.9% |
Range$9.00M – $366.00M
CAGR+86.0%
Avg YoY Growth+475.5%
Median YoY Growth+24.0%
Interest Expense on Short-Term Borrowings at Other Companies
Frequently Asked Questions
- What is Truist Financial's interest expense on short-term borrowings?
- Truist Financial (TFC) reported interest expense on short-term borrowings of $286.00M in Q1 2026.
- How has Truist Financial's interest expense on short-term borrowings changed year-over-year?
- Truist Financial's interest expense on short-term borrowings decreased by 14.9% year-over-year, from $336.00M to $286.00M.
- What is the long-term trend for Truist Financial's interest expense on short-term borrowings?
- Over 4 years (2021 to 2025), Truist Financial's interest expense on short-term borrowings has grown at a 126.0% compound annual growth rate (CAGR), from $47.00M to $1.23B.
- What does interest expense on short-term borrowings mean?
- Interest costs paid on short-term loans and borrowings.