Truist Financial TFC OT&C — Income Tax Expense (Benefit)
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Where this comes from
Reported directly by Truist Financial in its filing.
Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.
The official record: Truist Financial’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Truist Financial's OT&C — income tax expense (benefit)?
- Truist Financial (TFC) reported OT&C — income tax expense (benefit) of -$260M in Q1 2026.
- How has Truist Financial's OT&C — income tax expense (benefit) changed year-over-year?
- Truist Financial's OT&C — income tax expense (benefit) decreased by 132.1% year-over-year, from -$112M to -$260M.
- What is the long-term trend for Truist Financial's OT&C — income tax expense (benefit)?
- Over 4 years (2021 to 2025), Truist Financial's OT&C — income tax expense (benefit) has grown at a -5.0% compound annual growth rate (CAGR), from -$997M to -$811M.
- What does OT&C — income tax expense (benefit) mean?
- This metric represents the income tax expense or benefit allocated to the Other, Treasury & Corporate segment. It reflects the tax impact of corporate-level activities, treasury functions, and non-operating adjustments that are not attributed to core business segments. This allocation is essential for understanding the net contribution of the corporate center to the firm's overall tax position.