Total Debt for Truist Financial (TFC)
According to Truist Financial's latest reported financial statements, the company's latest reported total debt is $69.06B USD. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — combine with cash on hand for net debt, and see total liabilities for the broader obligations picture.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingTotal DebtSwitch metric
Latest period
$69.06B
YoY change
+12.1%
5Y CAGR
+9.0%
Peak year (2025)
$69.80B
Latest annual
$69.80B
Total Debt history chart for Truist Financial (TFC) from 1989 to 2025
Total Debt history table for Truist Financial (TFC) from 1989 to 2025
| Fiscal year | Period ended | Reported | Total Debt | YoY |
|---|---|---|---|---|
| 2025 | $69.80B | +12.1% | ||
| 2024 | $62.27B | +0.2% | ||
| 2023 | $62.12B | -4.5% | ||
| 2022 | $65.07B | +59.2% | ||
| 2021 | $40.89B | -9.7% | ||
| 2020 | $45.30B | -23.1% | ||
| 2019 | $58.88B | +103.8% | ||
| 2018 | $28.89B | +1.1% | ||
| 2017 | $28.59B | +15.4% | ||
| 2016 | $24.78B | -20.0% | ||
| 2015 | $30.95B | +9.6% | ||
| 2014 | $28.25B | +12.1% | ||
| 2013 | $25.21B | +17.9% | ||
| 2012 | $21.38B | -22.2% | ||
| 2011 | $27.47B | -12.1% | ||
| 2010 | $31.24B | -6.7% | ||
| 2009 | $33.47B | +19.4% | ||
| 2008 | $28.03B | -4.0% | ||
| 2007 | $29.18B | +21.6% | ||
| 2006 | $23.99B | +21.7% | ||
| 2005 | $19.71B | +8.8% | ||
| 2004 | $18.11B | -0.2% | ||
| 2003 | $18.14B | -4.4% | ||
| 2002 | $18.98B | +3.3% | ||
| 2001 | $18.37B | +15.1% | ||
| 2000 | $15.96B | +13.6% | ||
| 1999 | $14.05B | +19.2% | ||
| 1998 | $11.78B | +67.7% | ||
| 1997 | $7.03B | +62.1% | ||
| 1996 | $4.33B | +11.9% | ||
| 1995 | $3.88B | +109.2% | ||
| 1994 | $1.85B | +132.8% | ||
| 1993 | $795.70M | +100.3% | ||
| 1992 | $397.30M | +66.9% | ||
| 1991 | $238.10M | -26.1% | ||
| 1990 | $322.30M | +9.5% | ||
| 1989 | $294.30M | — |
Total Debt values are taken from Truist Financial's reported balance sheets (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Truist Financial (TFC) total debt is $69.80B – grew 12.1% year-over-year.
Truist Financial total debt has recorded the values shown across consecutive periods, with a +9.0% compound annual growth rate over 2020–2025 (5 years).
2025 marks the peak total debt at $69.80B, with the historical low of $238.10M recorded in 1991.
Among 8 Financial Services peers, Truist Financial (TFC) ranks 7th; the peer median for total debt is $395.81B.
Truist Financial Total Debt by Year
Truist Financial Total Debt 2025: $69.80B
Truist Financial total debt in 2025 was $69.80B, grew 12.1% from 2024. This figure represents the highest annual value in the available history.
Truist Financial Total Debt 2024: $62.27B
Truist Financial total debt in 2024 was $62.27B, edged up 0.2% from 2023.
Truist Financial Total Debt 2023: $62.12B
Truist Financial total debt in 2023 was $62.12B, edged down 4.5% below 2022.
Truist Financial Total Debt 2022: $65.07B
Truist Financial total debt in 2022 was $65.07B, surged 59.2% from 2021.
Truist Financial Total Debt 2021: $40.89B
Truist Financial total debt in 2021 was $40.89B.
See more financial history for Truist Financial (TFC).
Sector peers — Total Debt
Companies in the same sector as Truist Financial, ranked by their latest total debt.
| Company | Total Debt | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $942.38B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $609.53B | Financial Services |
| Morgan Stanley (MS) | $475.56B | Financial Services |
| Wells Fargo & Company (WFC) | $425.72B | Financial Services |
| Bank of America Corporation (BAC) | $365.90B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $138.95B | Financial Services |
| Visa Inc. (V) | $25.17B | Financial Services |
| Mastercard Incorporated (MA) | $19.00B | Financial Services |
Frequently asked questions
What is Truist Financial's total debt?
- Latest reported total debt for Truist Financial (TFC) is $69.06B (period ending March 31, 2026).
How has Truist Financial total debt changed year-over-year?
- Truist Financial (TFC) total debt changed +12.1% year-over-year on the latest annual filing.
What is the long-term growth rate of Truist Financial total debt?
- Truist Financial (TFC) total debt compound annual growth rate is +9.0% over the most recent 5 years available.
When did Truist Financial total debt hit its highest annual value?
- Truist Financial total debt reached its highest annual value of $69.80B in 2025.
What was Truist Financial total debt in 2024?
- Truist Financial (TFC) total debt in 2024 was $62.27B.
What was Truist Financial total debt in 2025?
- Truist Financial (TFC) total debt in 2025 was $69.80B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
TFC Overview
Company profile, financial tools, and key metrics
TFC Revenue Counter
Earns $966.07 every second. See per minute, hour, and day.
TFC Earnings Counter
Earns $175.26 per second net profit. See per minute, hour, and day.
TFC Economic Scale
Exceeds Bosnia and Herzegovina's GDP. Compare with world economies.
TFC What If Invested
What if you had invested $1,000? See historical returns from any date.
TFC How It Makes Money
Discover visual breakdown of $30.47B in revenue — where it comes from and where it goes.
TFC Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
TFC Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
TFC Daily Price Character
Steady · 42.8% historical win rate (green days). Streaks & record days.
TFC Buybacks
5.61% TTM buyback yield. Shareholder yield & SBC comparison.
TFC Stock Split History
5 splits on record. Dates, ratios, and cumulative multiple.
TFC Dividend Profile
Yield: 4.11%. Safety: 3/8. See full history.
TFC Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
TFC Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.