Compensation and benefits
Truist Financial Compensation and benefits decreased by 7.4% to $1.73B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.7%, from $1.60B to $1.73B. Over 4 years (FY 2021 to FY 2025), Compensation and benefits shows a downward trend with a -5.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase often reflects headcount growth or higher performance-based incentives, while a decrease may indicate efficiency initiatives or workforce reductions.
Detailed definition
Includes all salaries, wages, bonuses, stock-based compensation, and employee benefit costs for the workforce. This is t...
Peer comparison
Highly comparable across all sectors; usually found under 'Personnel' or 'Staffing' expenses.
is_compensation_and_benefitsHistorical Data
| 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 | $2.21B | $2.19B | $2.10B | $2.05B | $2.10B | $2.12B | $2.20B | $2.18B | $2.26B | $2.20B | $2.02B | $1.63B | $1.66B | $1.63B | $1.59B | $1.60B | $1.65B | $1.73B | $1.87B | $1.73B |
| QoQ Change | — | -0.9% | -4.2% | -2.1% | +2.5% | +0.7% | +3.9% | -0.8% | +3.4% | -2.5% | -8.3% | -19.2% | +1.9% | -2.0% | -2.5% | +1.1% | +3.1% | +4.4% | +8.1% | -7.4% |
| YoY Change | — | — | — | — | -4.8% | -3.2% | +4.9% | +6.3% | +7.3% | +4.0% | -8.2% | -25.3% | -26.4% | -26.0% | -21.3% | -1.6% | -0.5% | +6.0% | +17.5% | +7.7% |
Business Segments
Compensation and benefits at Other Companies
Frequently Asked Questions
- What is Truist Financial's compensation and benefits?
- Truist Financial (TFC) reported compensation and benefits of $1.73B in Q1 2026.
- How has Truist Financial's compensation and benefits changed year-over-year?
- Truist Financial's compensation and benefits increased by 7.7% year-over-year, from $1.60B to $1.73B.
- What is the long-term trend for Truist Financial's compensation and benefits?
- Over 4 years (2021 to 2025), Truist Financial's compensation and benefits has grown at a -5.6% compound annual growth rate (CAGR), from $8.63B to $6.85B.
- What does compensation and benefits mean?
- The total cost of employee salaries, bonuses, and benefits.