Truist Financial TFC WB — 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 WB — income tax expense (benefit)?
- Truist Financial (TFC) reported WB — income tax expense (benefit) of $231M in Q1 2026.
- How has Truist Financial's WB — income tax expense (benefit) changed year-over-year?
- Truist Financial's WB — income tax expense (benefit) increased by 14.9% year-over-year, from $201M to $231M.
- What is the long-term trend for Truist Financial's WB — income tax expense (benefit)?
- Over 3 years (2022 to 2025), Truist Financial's WB — income tax expense (benefit) has grown at a -5.2% compound annual growth rate (CAGR), from $1.23B to $1.05B.
- What does WB — income tax expense (benefit) mean?
- This metric represents the portion of the total corporate income tax provision allocated to the Wholesale Banking segment. It reflects the tax impact of the segment's pre-tax earnings based on applicable statutory rates and specific tax adjustments. This figure is essential for calculating the segment's net contribution to the parent company's bottom line.