Truist Financial annual debt-to-equity ratio
2008
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2025
Truist Financial Debt-to-Equity Ratio Growth & History (TFC)
Truist Financial's debt-to-equity ratio was 1.09 for fiscal 2025.
View full Truist Financial company overviewTruist Financial annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.09 | 0.06 | +6.06% |
| 2024 | 2024-12-31 | 1.03 | −0.07 | −6.47% |
| 2023 | 2023-12-31 | 1.10 | −0.03 | −2.40% |
| 2022 | 2022-12-31 | 1.13 | 0.51 | +82.18% |
| 2021 | 2021-12-31 | 0.62 | −0.05 | −7.94% |
| 2020 | 2020-12-31 | 0.67 | −0.26 | −27.67% |
| 2019 | 2019-12-31 | 0.93 | −0.03 | −3.00% |
| 2018 | 2018-12-31 | 0.96 | −0.01 | −0.56% |
| 2017 | 2017-12-31 | 0.96 | 0.18 | +23.27% |
| 2016 | 2016-12-31 | 0.78 | −0.22 | −21.97% |
| 2015 | 2015-12-31 | 1.00 | −0.11 | −9.74% |
| 2014 | 2014-12-31 | 1.11 | −0.02 | −1.45% |
| 2013 | 2013-12-31 | 1.13 | 0.09 | +8.50% |
| 2012 | 2012-12-31 | 1.04 | −0.41 | −28.54% |
| 2011 | 2011-12-31 | 1.45 | −0.21 | −12.62% |
| 2010 | 2010-12-31 | 1.66 | −0.15 | −8.50% |
| 2009 | 2009-12-31 | 1.82 | 0.02 | +1.29% |
| 2008 | 2008-12-31 | 1.79 | — | — |
Truist Financial quarterly debt-to-equity ratio
Q4.08
Q2.09
Q3.09
Q4.09
Q1.10
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
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Q2.12
Q3.12
Q4.12
Q2.13
Q3.13
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Q1.14
Q2.14
Q3.14
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Q4.16
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Q3.17
Q4.17
Q1.18
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Q2.22
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Q3.23
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Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.11 | 0.15 | +15.25% |
| Q1 2026 | 2026-03-31 | 1.10 | 0.21 | +24.08% |
| Q4 2025 | 2025-12-31 | 1.09 | 0.06 | +6.06% |
| Q3 2025 | 2025-09-30 | 1.10 | 0.21 | +23.13% |
| Q2 2025 | 2025-06-30 | 0.96 | 0.04 | +4.55% |
| Q1 2025 | 2025-03-31 | 0.88 | −0.25 | −21.94% |
| Q4 2024 | 2024-12-31 | 1.03 | −0.07 | −6.47% |
| Q3 2024 | 2024-09-30 | 0.90 | −0.17 | −16.03% |
| Q2 2024 | 2024-06-30 | 0.92 | −0.19 | −17.10% |
| Q1 2024 | 2024-03-31 | 1.13 | −0.39 | −25.82% |
| Q4 2023 | 2023-12-31 | 1.10 | −0.03 | −2.40% |
| Q3 2023 | 2023-09-30 | 1.07 | 0.11 | +11.19% |
| Q2 2023 | 2023-06-30 | 1.11 | 0.39 | +53.53% |
| Q1 2023 | 2023-03-31 | 1.52 | 0.90 | +144.92% |
| Q4 2022 | 2022-12-31 | 1.13 | 0.51 | +82.18% |
| Q3 2022 | 2022-09-30 | 0.96 | 0.31 | +47.64% |
| Q2 2022 | 2022-06-30 | 0.72 | 0.06 | +8.84% |
| Q1 2022 | 2022-03-31 | 0.62 | −0.05 | −7.15% |
| Q4 2021 | 2021-12-31 | 0.62 | −0.05 | −7.94% |
| Q3 2021 | 2021-09-30 | 0.65 | −0.05 | −7.59% |
| Q2 2021 | 2021-06-30 | 0.66 | −0.06 | −8.37% |
| Q1 2021 | 2021-03-31 | 0.67 | −0.55 | −44.99% |
| Q4 2020 | 2020-12-31 | 0.67 | −0.26 | −27.67% |
| Q3 2020 | 2020-09-30 | 0.70 | −0.44 | −38.44% |
| Q2 2020 | 2020-06-30 | 0.73 | −0.34 | −32.21% |
| Q1 2020 | 2020-03-31 | 1.22 | 0.18 | +17.51% |
| Q4 2019 | 2019-12-31 | 0.93 | −0.03 | −3.00% |
| Q3 2019 | 2019-09-30 | 1.14 | 0.05 | +4.27% |
| Q2 2019 | 2019-06-30 | 1.07 | 0.14 | +15.36% |
| Q1 2019 | 2019-03-31 | 1.04 | 0.10 | +10.90% |
| Q4 2018 | 2018-12-31 | 0.96 | −0.01 | −0.56% |
| Q3 2018 | 2018-09-30 | 1.10 | 0.13 | +13.69% |
| Q2 2018 | 2018-06-30 | 0.93 | 0.01 | +0.92% |
| Q1 2018 | 2018-03-31 | 0.93 | 0.15 | +18.67% |
| Q4 2017 | 2017-12-31 | 0.96 | 0.18 | +23.27% |
| Q3 2017 | 2017-09-30 | 0.96 | 0.07 | +8.08% |
| Q2 2017 | 2017-06-30 | 0.92 | 0.05 | +5.47% |
| Q1 2017 | 2017-03-31 | 0.79 | −0.17 | −17.46% |
| Q4 2016 | 2016-12-31 | 0.78 | −0.22 | −21.97% |
| Q3 2016 | 2016-09-30 | 0.89 | −0.12 | −11.45% |
| Q2 2016 | 2016-06-30 | 0.87 | −0.21 | −19.38% |
| Q1 2016 | 2016-03-31 | 0.95 | −0.12 | −11.12% |
| Q4 2015 | 2015-12-31 | 1.00 | −0.11 | −9.74% |
| Q3 2015 | 2015-09-30 | 1.01 | −0.05 | −5.02% |
| Q2 2015 | 2015-06-30 | 1.08 | −0.00 | −0.20% |
| Q1 2015 | 2015-03-31 | 1.07 | −0.06 | −5.28% |
| Q4 2014 | 2014-12-31 | 1.11 | −0.02 | −1.45% |
| Q3 2014 | 2014-09-30 | 1.06 | −0.08 | −7.07% |
| Q2 2014 | 2014-06-30 | 1.08 | 0.06 | +5.58% |
| Q1 2014 | 2014-03-31 | 1.13 | — | — |
| Q4 2013 | 2013-12-31 | 1.13 | 0.09 | +8.50% |
| Q3 2013 | 2013-09-30 | 1.14 | 0.05 | +5.01% |
| Q2 2013 | 2013-06-30 | 1.03 | −0.34 | −24.66% |
| Q4 2012 | 2012-12-31 | 1.04 | −0.41 | −28.54% |
| Q3 2012 | 2012-09-30 | 1.09 | −0.40 | −26.98% |
| Q2 2012 | 2012-06-30 | 1.36 | −0.29 | −17.79% |
| Q4 2011 | 2011-12-31 | 1.45 | −0.21 | −12.62% |
| Q3 2011 | 2011-09-30 | 1.49 | −0.18 | −10.55% |
| Q2 2011 | 2011-06-30 | 1.66 | −0.03 | −1.62% |
| Q1 2011 | 2011-03-31 | 1.67 | −0.05 | −3.19% |
| Q4 2010 | 2010-12-31 | 1.66 | −0.15 | −8.50% |
| Q3 2010 | 2010-09-30 | 1.66 | −0.17 | −9.49% |
| Q2 2010 | 2010-06-30 | 1.68 | −0.40 | −19.04% |
| Q1 2010 | 2010-03-31 | 1.72 | — | — |
| Q4 2009 | 2009-12-31 | 1.82 | 0.02 | +1.29% |
| Q3 2009 | 2009-09-30 | 1.84 | — | — |
| Q2 2009 | 2009-06-30 | 2.08 | — | — |
| Q4 2008 | 2008-12-31 | 1.79 | — | — |
Truist Financial debt-to-equity ratio trends
Over the last five fiscal years, Truist Financial's debt-to-equity ratio increased from 0.67 to 1.09, a change of 0.42. The latest reported quarter, Q2 2026, shows 1.11.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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