Truist Financial Operating Expenses 2010-2024 | TFC

Truist Financial annual/quarterly operating expenses history and growth rate from 2010 to 2024. Operating expenses can be defined as the sum of all operating expenses for the given industry.
  • Truist Financial operating expenses for the quarter ending September 30, 2024 were $6.100B, a 1.42% decline year-over-year.
  • Truist Financial operating expenses for the twelve months ending September 30, 2024 were $34.032B, a 47.93% increase year-over-year.
  • Truist Financial annual operating expenses for 2023 were $33.056B, a 92.48% increase from 2022.
  • Truist Financial annual operating expenses for 2022 were $17.174B, a 20.53% increase from 2021.
  • Truist Financial annual operating expenses for 2021 were $14.249B, a 21.25% decline from 2020.
Truist Financial Annual Operating Expenses
(Millions of US $)
2023 $33,056
2022 $17,174
2021 $14,249
2020 $18,094
2019 $10,285
2018 $8,790
2017 $8,715
2016 $7,867
2015 $7,264
2014 $6,825
2013 $7,214
2012 $7,877
2011 $8,354
2010 $10,034
2009 $9,744
Truist Financial Quarterly Operating Expenses
(Millions of US $)
2024-09-30 $6,100
2024-06-30 $6,336
2024-03-31 $6,214
2023-12-31 $15,382
2023-09-30 $6,188
2023-06-30 $6,108
2023-03-31 $5,378
2022-12-31 $5,332
2022-09-30 $4,409
2022-06-30 $3,896
2022-03-31 $3,537
2021-12-31 $3,553
2021-09-30 $3,492
2021-06-30 $3,478
2021-03-31 $3,726
2020-12-31 $3,947
2020-09-30 $4,201
2020-06-30 $4,953
2020-03-31 $4,993
2019-12-31 $3,108
2019-09-30 $2,441
2019-06-30 $2,416
2019-03-31 $2,320
2018-12-31 $2,285
2018-09-30 $2,241
2018-06-30 $2,168
2018-03-31 $2,096
2017-12-31 $2,225
2017-09-30 $2,054
2017-06-30 $2,056
2017-03-31 $2,380
2016-12-31 $1,964
2016-09-30 $2,001
2016-06-30 $2,004
2016-03-31 $1,898
2015-12-31 $1,867
2015-09-30 $1,806
2015-06-30 $1,902
2015-03-31 $1,689
2014-12-31 $1,642
2014-09-30 $1,758
2014-06-30 $1,789
2014-03-31 $1,636
2013-12-31 $1,650
2013-09-30 $1,781
2013-06-30 $1,865
2013-03-31 $1,918
2012-12-31 $1,979
2012-09-30 $1,967
2012-06-30 $1,963
2012-03-31 $1,968
2011-12-31 $2,191
2011-09-30 $2,001
2011-06-30 $2,057
2011-03-31 $2,105
2010-12-31 $2,483
2010-09-30 $2,616
2010-06-30 $2,571
2010-03-31 $2,364
2009-12-31 $2,574
2009-09-30 $2,519
2009-06-30 $2,385
2009-03-31 $2,266
Sector Industry Market Cap Revenue
Finance Banks - Major Regional $61.902B $33.246B
Truist Financial is the sixth largest commercial bank in the United States. The company conducts business operations primarily through its bank subsidiary, Truist Bank, and few other non-bank subsidiaries, serving consumers and commercial clients. It has the following operating segments: Consumer Banking and Wealth comprises Retail Community Banking, NCF&P, Wealth, Mortgage Banking and Dealer Retail Services. Corporate & Commercial Banking comprises Corporate and Investment Banking, Commercial Community Banking, Commercial Real Estate, and Grandbridge Real Estate Capital, LLC and Treasury Solutions product group. Insurance Holdings provides property and casualty, employee benefits, life insurance surety coverage, as well as title insurance. Others, Treasury & Corporate includes Truist Financial's investment securities portfolio, long-term debt, derivative instruments used for balance sheet hedging, short-term liquidity and funding activities, balance sheet risk management, as well as most real estate assets.
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