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Truist Financial TFC WB — Other direct noninterest expense

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AUBWholesale Banking — Interest Expense Operating
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AUBWholesale Banking — Noninterest Income Other
$6.22M+71.7%

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:OtherDirectNoninterestExpense.

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 — other direct noninterest expense?
Truist Financial (TFC) reported WB — other direct noninterest expense of $187M in Q1 2026.
How has Truist Financial's WB — other direct noninterest expense changed year-over-year?
Truist Financial's WB — other direct noninterest expense decreased by 3.1% year-over-year, from $193M to $187M.
What is the long-term trend for Truist Financial's WB — other direct noninterest expense?
Over 3 years (2022 to 2025), Truist Financial's WB — other direct noninterest expense has grown at a 2.4% compound annual growth rate (CAGR), from $726M to $780M.
What does WB — other direct noninterest expense mean?
This category encompasses operational costs directly attributable to the Wholesale Banking segment that are not classified as personnel or amortization expenses. Examples include technology infrastructure, marketing, and professional services specific to the wholesale business.