Occupancy and equipment
Truist Financial Occupancy and equipment decreased by 1.1% to $179.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.5%, from $168.00M to $179.00M. Over 4 years (FY 2021 to FY 2025), Occupancy and equipment shows relatively stable performance with a -1.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase may indicate expansion of the physical footprint or rising real estate costs, while a decrease suggests branch consolidation or a shift toward digital-first operations.
Detailed definition
This metric represents the recurring costs associated with maintaining physical branch networks, corporate office space,...
Peer comparison
Standard across all large financial institutions; peers often track this as a component of noninterest expense to measure operational leverage.
is_occupancy_and_equipmentHistorical 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 | $182.00M | $187.00M | $186.00M | $208.00M | $181.00M | $176.00M | $179.00M | $183.00M | $180.00M | $180.00M | $172.00M | $160.00M | $160.00M | $157.00M | $179.00M | $168.00M | $179.00M | $182.00M | $181.00M | $179.00M |
| QoQ Change | — | +2.7% | -0.5% | +11.8% | -13.0% | -2.8% | +1.7% | +2.2% | -1.6% | +0.0% | -4.4% | -7.0% | +0.0% | -1.9% | +14.0% | -6.1% | +6.5% | +1.7% | -0.5% | -1.1% |
| YoY Change | — | — | — | — | -0.5% | -5.9% | -3.8% | -12.0% | -0.6% | +2.3% | -3.9% | -12.6% | -11.1% | -12.8% | +4.1% | +5.0% | +11.9% | +15.9% | +1.1% | +6.5% |
Occupancy and equipment at Other Companies
Frequently Asked Questions
- What is Truist Financial's occupancy and equipment?
- Truist Financial (TFC) reported occupancy and equipment of $179.00M in Q1 2026.
- How has Truist Financial's occupancy and equipment changed year-over-year?
- Truist Financial's occupancy and equipment increased by 6.5% year-over-year, from $168.00M to $179.00M.
- What is the long-term trend for Truist Financial's occupancy and equipment?
- Over 4 years (2021 to 2025), Truist Financial's occupancy and equipment has grown at a -1.8% compound annual growth rate (CAGR), from $764.00M to $710.00M.
- What does occupancy and equipment mean?
- The total cost of renting, maintaining, and equipping physical office and branch locations.