Skip to content

Truist Financial TFC OT&C — Income Tax Expense (Benefit)

Other segment segments

CSBB
$238M+28.6%
WB
$231M+14.9%

Similar metrics at other companies

Asset Entities logo
ASSTCorporate & Other — Income tax expense (benefit)
$0
WesBanco logo
WSBCCorporate And Other — Income Tax Expense Benefit
-$1.69M-14.4%
First Hawaiian, Inc. logo
FHBCorporate And Other Nonoperating — Income Tax Expense Benefit
-$7.1M+11.6%
MGE Energy logo
MGEECorporate And Other — Income Tax Expense Benefit
$261K+193%
CNA Financial logo
CNACorporate & Other — Income Tax Expense (Benefit) on Operating Income (Loss)
-$3M+57.1%
EFC
EFCCorporate Segment and Other Operating Segment — Income tax expense (benefit)
$966K+1,106%

Other financials

Income statement

See full
Revenue$5.2B+5.2%
Net income$1.5B+17.4%
EPS (diluted)$1.09+25.3%

Balance sheet

See full
Total debt$70.3B
Total equity$64.2B
Total assets$548.98B

Cash flow

See full
Operating cash flow$679.0M-9.0%
CapEx$141.0M+10.2%
Free cash flow$2.6B-43.8%

Valuation

See full
Market cap$63.13B+19.7%
P/E11.4×+0.7×
P/S3.1×-0.9×

Profitability

See full
Net margin26.9%-9.8pp
FCF margin52.7%+17.6pp

Returns & leverage

See full
Return on equity8.2%
Debt / equity1.1×

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 →

Ask your AI about Truist Financial's ot&c — income tax expense (benefit).

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

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.