Other

Noninterest Expense

Truist Financial Noninterest Expense decreased by 5.9% to $2.98B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.6%, from $2.91B to $2.98B. Over 4 years (FY 2021 to FY 2025), Noninterest Expense shows a downward trend with a -5.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026May 1, 2026

How to read this metric

An increase relative to revenue indicates declining operational efficiency, whereas a decrease suggests successful cost management or improved economies of scale.

Detailed definition

This metric aggregates all operating costs that are not related to interest-bearing liabilities, providing a comprehensi...

Peer comparison

Standardized across the banking industry as a primary measure of non-interest operating costs.

Metric ID: other_noninterest_expense

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$4.01B$3.80B$3.70B$3.67B$3.58B$3.61B$3.72B$3.69B$3.75B$3.75B$10.28B$2.95B$3.09B$2.93B$3.04B$2.91B$2.99B$3.01B$3.17B$2.98B
QoQ Change-5.4%-2.5%-0.7%-2.6%+0.9%+3.0%-0.8%+1.5%-0.0%+174.4%-71.3%+4.8%-5.4%+3.7%-4.3%+2.8%+0.9%+5.2%-5.9%
YoY Change-10.7%-4.8%+0.6%+0.5%+4.7%+3.7%+176.2%-20.0%-17.4%-21.9%-70.5%-1.6%-3.5%+3.0%+4.4%+2.6%
Range$2.91B$10.28B
CAGR-6.0%
Avg YoY Growth+2.8%
Median YoY Growth-0.6%

Business Segments

View all
SegmentQ3 '23Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
CSBB$1.66B$1.70B$1.70B$1.70B$1.68B
WB$1.30B$1.33B$1.32B$1.36B$1.35B
OT&C-$28.25M$164.00M$24.00M-$60.00M-$41.00M-$9.00M$114.00M-$47.00M
Total$3.75B$3.09B$2.93B$2.91B$2.99B$3.01B$3.17B$2.98B

Frequently Asked Questions

What is Truist Financial's noninterest expense?
Truist Financial (TFC) reported noninterest expense of $2.98B in Q1 2026.
How has Truist Financial's noninterest expense changed year-over-year?
Truist Financial's noninterest expense increased by 2.6% year-over-year, from $2.91B to $2.98B.
What is the long-term trend for Truist Financial's noninterest expense?
Over 4 years (2021 to 2025), Truist Financial's noninterest expense has grown at a -5.5% compound annual growth rate (CAGR), from $15.12B to $12.08B.
What does noninterest expense mean?
The total operating expenses incurred by the company excluding interest-related costs.