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Truist Financial TFC Income Tax

Income Tax at other companies

JPMorgan ChaseJPM

$3.99B+5.8%

M&T BankMTB

$199M+12.4%

First HorizonFHN

$76M+20.6%

F.N.B. CorporationFNB

$37M+19.4%

Bank of AmericaBAC

$1.82B+11.2%

Wells Fargo & CompanyWFC

$691M+32.4%

Segments

By segment

OT&C-$260M-132%

CSBB$238M+28.6%

WB$231M+14.9%

Other financials

Income statement

Revenue$5.2B+5.2%

Net income$1.5B+17.4%

EPS (diluted)$1.09+25.3%

Balance sheet

Total debt$70.3B—

Total equity$64.2B—

Total assets$548.98B—

Cash flow

Operating cash flow$679.0M-9.0%

CapEx$141.0M+10.2%

Free cash flow$2.6B-43.8%

Valuation

Market cap$63.13B+19.7%

P/E11.4×+0.7×

P/S3.1×-0.9×

Profitability

Net margin26.9%-9.8pp

FCF margin52.7%+17.6pp

Returns & leverage

Return on equity8.2%—

Debt / equity1.1×—

Where this comes from

Reported directly by Truist Financial in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Truist Financial’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Truist Financial's income tax?: Truist Financial (TFC) reported income tax of $209M in Q1 2026.
How has Truist Financial's income tax changed year-over-year?: Truist Financial's income tax decreased by 23.7% year-over-year, from $274M to $209M.
What is the long-term trend for Truist Financial's income tax?: Over 3 years (2021 to 2025), Truist Financial's income tax has grown at a -12.5% compound annual growth rate (CAGR), from $1.56B to $1.04B.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.