What is Truist Financial's wb — total direct noninterest expense?

Truist Financial (TFC) reported wb — total direct noninterest expense of $829.00M in Q1 2026.

How has Truist Financial's wb — total direct noninterest expense changed year-over-year?

Truist Financial's wb — total direct noninterest expense increased by 5.5% year-over-year, from $786.00M to $829.00M.

What is the long-term trend for Truist Financial's wb — total direct noninterest expense?

Over 2 years (2022 to 2025), Truist Financial's wb — total direct noninterest expense has grown at a -0.1% compound annual growth rate (CAGR), from $3.32B to $3.32B.

What does wb — total direct noninterest expense mean?

The total operating cost to run the Wholesale Banking division, excluding interest expenses.

Business Segments · Total direct noninterest expense

WB — Total direct noninterest expense

Truist Financial WB — Total direct noninterest expense decreased by 7.7% to $829.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.5%, from $786.00M to $829.00M. Over 2 years (FY 2022 to FY 2025), WB — Total direct noninterest expense shows relatively stable performance with a -0.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment

CategoryEfficiency

SignalLower is better

VolatilityModerate

First reportedQ1 2022

Last reportedQ1 2026

How to read this metric

An increase relative to revenue indicates declining efficiency, while a decrease relative to revenue suggests improved operational leverage.

Detailed definition

This is the aggregate of all non-interest costs directly incurred by the Wholesale Banking segment, including personnel,...

Peer comparison

Comparable to Total Noninterest Expense for specific business segments at peer banks.

Metric ID: tfc_segment_wb_total_direct_noninterest_expense

Historical Data

15 periods

	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q2 '24	Q3 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Value	$831.00M	$831.00M	$831.00M	$831.00M	$1.54B	$1.54B	$1.54B	$1.54B	$821.00M	$808.00M	$786.00M	$801.00M	$832.00M	$898.00M	$829.00M
QoQ Change	—	+0.0%	+0.0%	+0.0%	+85.8%	+0.0%	+0.0%	+0.0%	-46.8%	-1.6%	-2.7%	+1.9%	+3.9%	+7.9%	-7.7%
YoY Change	—	—	—	—	+85.8%	+85.8%	+85.8%	+85.8%	-46.8%	-47.7%	—	-2.4%	+3.0%	—	+5.5%

Range$786.00M – $1.54B

CAGR-0.1%

Avg YoY Growth+28.3%

Median YoY Growth+5.5%

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Frequently Asked Questions

What is Truist Financial's wb — total direct noninterest expense?: Truist Financial (TFC) reported wb — total direct noninterest expense of $829.00M in Q1 2026.
How has Truist Financial's wb — total direct noninterest expense changed year-over-year?: Truist Financial's wb — total direct noninterest expense increased by 5.5% year-over-year, from $786.00M to $829.00M.
What is the long-term trend for Truist Financial's wb — total direct noninterest expense?: Over 2 years (2022 to 2025), Truist Financial's wb — total direct noninterest expense has grown at a -0.1% compound annual growth rate (CAGR), from $3.32B to $3.32B.
What does wb — total direct noninterest expense mean?: The total operating cost to run the Wholesale Banking division, excluding interest expenses.