Discontinued — last reported Q4 '23
C&CB — Other Noninterest Expense
Truist Financial C&CB — Other Noninterest Expense increased by 36.5% to $1.15B in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 32.6%, from $868.00M to $1.15B. Over 2 years (FY 2021 to FY 2023), C&CB — Other Noninterest Expense shows an upward trend with a 8.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
A decrease relative to revenue indicates improved operational efficiency, whereas an increase may signal rising overhead or investments in technology and talent.
Detailed definition
Captures the operating costs associated with the Corporate and Commercial Banking segment, excluding interest expense an...
Peer comparison
Similar to noninterest expense or operating expense metrics reported by peer financial institutions for their commercial banking segments.
tfc_segment_c_cb_other_noninterest_expenseHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $812.00M | $783.00M | $762.00M | $724.00M | $749.00M | $763.00M | $868.00M | $812.00M | $841.00M | $843.00M | $1.15B |
| QoQ Change | — | -3.6% | -2.7% | -5.0% | +3.5% | +1.9% | +13.8% | -6.5% | +3.6% | +0.2% | +36.5% |
| YoY Change | — | — | — | — | -7.8% | -2.6% | +13.9% | +12.2% | +12.3% | +10.5% | +32.6% |
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Frequently Asked Questions
- What is Truist Financial's c&cb — other noninterest expense?
- Truist Financial (TFC) reported c&cb — other noninterest expense of $1.15B in Q4 2023.
- How has Truist Financial's c&cb — other noninterest expense changed year-over-year?
- Truist Financial's c&cb — other noninterest expense increased by 32.6% year-over-year, from $868.00M to $1.15B.
- What is the long-term trend for Truist Financial's c&cb — other noninterest expense?
- Over 2 years (2021 to 2023), Truist Financial's c&cb — other noninterest expense has grown at a 8.4% compound annual growth rate (CAGR), from $3.10B to $3.65B.
- What does c&cb — other noninterest expense mean?
- The total operating expenses incurred by the corporate banking segment, excluding interest and credit-related costs.