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Truist Financial TFC WB — Personnel expense
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Where this comes from
Reported directly by Truist Financial in its filing.
Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.
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 / 2026 | CSBB / 2025 | WB / 2026 | WB / 2025 | OT&C(1) / 2026 | Total / 2025 | Total / 2026 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Segment net interest income (expense) | 2,496 | 2,248 | 1,506 | 1,502 | (403) | (243) | 3,599 | 3,507 |
| Allocated provision for credit losses | 374 | 327 | 105 | 132 | — | (1) | 479 | 458 |
| Noninterest income | 529 | 503 | 1,068 | 947 | (44) | (58) | 1,553 | 1,392 |
| Personnel expense | 433 | 434 | 612 | 557 | 682 | 613 | 1,727 | 1,604 |
| Amortization of intangibles | 34 | 39 | 30 | 36 | — | — | 64 | 75 |
| Other direct noninterest expense(2) | 293 | 287 | 187 | 193 | 712 | 747 | 1,192 | 1,227 |
| Total direct noninterest expense | 760 | 760 | 829 | 786 | 1,394 | 1,360 | 2,983 | 2,906 |
| Expense Allocations | 920 | 903 | 521 | 517 | (1,441) | (1,420) | — | — |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is Truist Financial's WB — personnel expense?
- Truist Financial (TFC) reported WB — personnel expense of $612M in Q1 2026.
- How has Truist Financial's WB — personnel expense changed year-over-year?
- Truist Financial's WB — personnel expense increased by 9.9% year-over-year, from $557M to $612M.
- What is the long-term trend for Truist Financial's WB — personnel expense?
- Over 3 years (2022 to 2025), Truist Financial's WB — personnel expense has grown at a 0.0% compound annual growth rate (CAGR), from $2.38B to $2.39B.
- What does WB — personnel expense mean?
- This includes all compensation-related costs for employees dedicated to the Wholesale Banking segment, including salaries, benefits, and performance-based incentives. It represents the primary human capital investment required to support corporate and commercial client relationships.
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