Operating Expenses
Other operating expenses
Truist Financial Other operating expenses decreased by 14.1% to $250.00M in Q2 2023 compared to the prior quarter. Year-over-year, this metric grew by 73.6%, from $144.00M to $250.00M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityVolatile
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
An increase suggests unexpected operational costs or one-time charges that may negatively impact operating margins.
Detailed definition
Other operating expenses capture miscellaneous costs incurred during the normal course of business that are not categori...
Peer comparison
Varies widely by company based on accounting policies and the frequency of non-recurring events.
Metric ID:
other_operating_expensesHistorical Data
9 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $275.00M | $91.00M | $120.00M | $138.00M | $144.00M | $172.00M | $288.00M | $291.00M | $250.00M |
| QoQ Change | — | -66.9% | +31.9% | +15.0% | +4.3% | +19.4% | +67.4% | +1.0% | -14.1% |
| YoY Change | — | — | — | — | -47.6% | +89.0% | +140.0% | +110.9% | +73.6% |
Range$91.00M – $291.00M
CAGR-4.7%
Avg YoY Growth+73.2%
Median YoY Growth+89.0%
Business Segments
| Segment | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 |
|---|---|---|---|---|---|---|---|---|
| CSBB | — | — | — | — | — | $1.59B | $1.60B | $1.62B |
| WB | — | — | — | — | — | $1.34B | $1.31B | $1.20B |
| C&CB | $868.00M | $812.00M | $841.00M | $843.00M | $1.15B | — | — | — |
| CB&W | $1.75B | $1.90B | $1.98B | $2.00B | $2.20B | — | — | — |
| IH | $642.00M | $648.00M | $673.00M | $669.00M | $713.00M | — | — | — |
| OT&C | $298.00M | $195.00M | $123.00M | $107.00M | $6.00M | — | — | — |
| Total | $288.00M | $291.00M | $250.00M | — | — | — | — | — |
Other operating expenses at Other Companies
Frequently Asked Questions
- What is Truist Financial's other operating expenses?
- Truist Financial (TFC) reported other operating expenses of $250.00M in Q2 2023.
- How has Truist Financial's other operating expenses changed year-over-year?
- Truist Financial's other operating expenses increased by 73.6% year-over-year, from $144.00M to $250.00M.
- What does other operating expenses mean?
- Miscellaneous operational costs that do not fit into standard expense categories like R&D or marketing.