Discontinued — last reported Q3 '24
WB — Other Noninterest Expense
Truist Financial WB — Other Noninterest Expense decreased by 8.4% to $1.20B in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 8.4%, from $1.31B to $1.20B. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
A decrease indicates improved operational efficiency and effective cost management, whereas an increase may signal rising overhead or investment in segment-specific infrastructure.
Detailed definition
This metric captures the operational and administrative costs incurred by the Wholesale Banking segment that are not cla...
Peer comparison
Comparable to 'Other Noninterest Expense' or 'Other Operating Expenses' found in the segment reporting of peer financial institutions, excluding personnel and depreciation/amortization.
tfc_segment_wb_other_noninterest_expenseHistorical Data
| Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|
| Value | $1.26B | $1.25B | $1.31B | $1.34B | $1.31B | $1.20B |
| QoQ Change | — | -1.0% | +4.5% | +2.8% | -2.7% | -8.4% |
| YoY Change | — | — | — | +6.3% | +4.5% | -8.4% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Truist Financial's wb — other noninterest expense?
- Truist Financial (TFC) reported wb — other noninterest expense of $1.20B in Q3 2024.
- How has Truist Financial's wb — other noninterest expense changed year-over-year?
- Truist Financial's wb — other noninterest expense decreased by 8.4% year-over-year, from $1.31B to $1.20B.
- What does wb — other noninterest expense mean?
- The total non-personnel operating expenses attributed to the Wholesale Banking segment.