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Truist Financial TFC WB — Expense allocation

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Other financials

Income statement

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

Balance sheet

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

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

Profitability

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Net margin26.9%-9.8pp
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 tfc:ExpenseAllocation.

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 WB — expense allocation?
Truist Financial (TFC) reported WB — expense allocation of $521M in Q1 2026.
How has Truist Financial's WB — expense allocation changed year-over-year?
Truist Financial's WB — expense allocation increased by 0.8% year-over-year, from $517M to $521M.
What is the long-term trend for Truist Financial's WB — expense allocation?
Over 3 years (2022 to 2025), Truist Financial's WB — expense allocation has grown at a 7.3% compound annual growth rate (CAGR), from $1.61B to $1.99B.
What does WB — expense allocation mean?
This represents the portion of corporate overhead and shared service costs (such as IT, HR, or legal) that is allocated to the Wholesale Banking segment. It ensures that the segment reflects its fair share of the enterprise-wide support costs.