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Truist Financial TFC OT&C — Provision for Credit Losses

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CSBB
$374M+14.4%
WB
$105M-20.5%

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Other financials

Income statement

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Revenue$5.3B+5.6%
Net income$1.6B+25.2%
EPS (diluted)$1.23+36.7%

Balance sheet

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Total debt$69.9B+12.0%
Total equity$64.1B
Total assets$556.02B+2.2%

Cash flow

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

Valuation

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Market cap$63.35B+14.7%
P/E10.9×+0.3×
P/S+0.3×

Profitability

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Net margin28%+2.0pp
FCF margin52.7%+17.6pp

Returns & leverage

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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:ProvisionForLoanLeaseAndOtherLosses.

The source filing: Truist Financial’s 10-Q, filed May 1, 2026.

Filed
May 1, 2026, 4:41 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000092230-26-000062
Three Months Ended March 31,(Dollars in millions)CSBB / 2026CSBB / 2025WB / 2026WB / 2025OT&C(1) / 2026Total / 2025Total / 20262025
Net interest income (expense)$1,605$1,435$1,922$1,883$72$189$3,599$3,507
Net intersegment interest income (expense)891813(416)(381)(475)(432)
Segment net interest income (expense)2,4962,2481,5061,502(403)(243)3,5993,507
Allocated provision for credit losses374327105132(1)479458
Noninterest income5295031,068947(44)(58)1,5531,392
Personnel expense4334346125576826131,7271,604
Amortization of intangibles343930366475
Other direct noninterest expense(2)2932871871937127471,1921,227

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Truist Financial's OT&C — provision for credit losses?
Truist Financial (TFC) reported OT&C — provision for credit losses of $0 in Q1 2026.
How has Truist Financial's OT&C — provision for credit losses changed year-over-year?
Truist Financial's OT&C — provision for credit losses increased by 100.0% year-over-year, from -$1M to $0.
What is the long-term trend for Truist Financial's OT&C — provision for credit losses?
Over 3 years (2022 to 2025), Truist Financial's OT&C — provision for credit losses has grown at a 26.0% compound annual growth rate (CAGR), from -$1M to -$2M.
What does OT&C — provision for credit losses mean?
This is the expense recorded to maintain the allowance for credit losses for assets held within the Other, Treasury & Corporate segment. It reflects management's estimate of potential future credit losses on the specific portfolio of loans or assets managed at the corporate level.

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