TRUIST FINANCIAL CORP Annual Interest Expense in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Truist Financial Corp quarterly/annual Interest Expense history and growth rate from 2010 to 2023.
  • Truist Financial Corp Interest Expense for the quarter ending June 30, 2024 was $2.82B, a 9.8% increase year-over-year.
  • Truist Financial Corp Interest Expense for the twelve months ending June 30, 2024 was $11.1B, a 73.9% increase year-over-year.
  • Truist Financial Corp annual Interest Expense for 2023 was $9.93B, a 328% increase from 2022.
  • Truist Financial Corp annual Interest Expense for 2022 was $2.32B, a 202% increase from 2021.
  • Truist Financial Corp annual Interest Expense for 2021 was $768M, a 55.4% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $9.93B +$7.61B +328% Jan 1, 2023 Dec 31, 2023 8-K 2024-05-10
2022 $2.32B +$1.55B +202% Jan 1, 2022 Dec 31, 2022 8-K 2024-05-10
2021 $768M -$954M -55.4% Jan 1, 2021 Dec 31, 2021 8-K 2024-05-10
2020 $1.72B -$374M -17.8% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-28
2019 $2.1B +$658M +45.8% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-23
2018 $1.44B +$599M +71.4% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-24
2017 $839M +$94M +12.6% Jan 1, 2017 Dec 31, 2017 10-K 2020-03-03
2016 $745M +$10M +1.36% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-26
2015 $735M -$33M -4.3% Jan 1, 2015 Dec 31, 2015 10-K 2018-02-21
2014 $768M -$123M -13.8% Jan 1, 2014 Dec 31, 2014 8-K 2017-04-24
2013 $891M -$169M -15.9% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-25
2012 $1.06B -$318M -23.1% Jan 1, 2012 Dec 31, 2012 10-K 2015-02-25
2011 $1.38B -$417M -23.2% Dec 31, 2010 Dec 31, 2011 10-K 2012-02-27
2010 $1.8B Dec 31, 2009 Dec 31, 2010 10-K 2012-02-27
* An asterisk sign (*) next to the value indicates that the value is likely invalid.