Truist Financial total debt 1989–2026What is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
Truist Financial's total debt was 65.79B USD on 30 September 2026, down 7.5% on a year before. At the end of fiscal year 2025 it was 69.80B USD.
Last updated 7 Nov 2026 · Next report 20 Jan 2027
Total debt
Growth
| Fiscal year | Period ending | Total debt | Growth | Cash and short-term investments | Net cash | Debt to equity |
|---|---|---|---|---|---|---|
| Latest quarter | 30 Sept 2026 | 65.79B | -7.48% | 4.23B | -61.56B | 1.07 |
| FY2025 | 31 Dec 2025 | 69.80B | +12.10% | 45.37B | -24.44B | 1.07 |
| FY2024 | 31 Dec 2024 | 62.27B | +0.23% | 44.32B | -17.94B | 0.98 |
| FY2023 | 31 Dec 2023 | 62.12B | -4.54% | 97.60B | 35.48B | 1.05 |
| FY2022 | 31 Dec 2022 | 65.07B | +59.16% | 93.22B | 28.15B | 1.08 |
| FY2021 | 31 Dec 2021 | 40.89B | -9.75% | 173.42B | 132.53B | 0.59 |
| FY2020 | 31 Dec 2020 | 45.30B | -23.05% | 139.66B | 94.35B | 0.64 |
| FY2019 | 31 Dec 2019 | 58.88B | +103.81% | 93.79B | 34.92B | 0.89 |
| FY2018 | 31 Dec 2018 | 28.89B | +1.05% | 28.88B | -5.00M | 0.96 |
| FY2017 | 31 Dec 2017 | 28.59B | +15.37% | 27.26B | -1.33B | 0.96 |
| FY2016 | 31 Dec 2016 | 24.78B | -19.96% | 31.01B | 6.23B | 0.83 |
| FY2015 | 31 Dec 2015 | 30.96B | +9.59% | 29.01B | -1.95B | 1.13 |
| FY2014 | 31 Dec 2014 | 28.25B | +12.06% | 23.23B | -5.02B | 1.16 |
| FY2013 | 31 Dec 2013 | 25.21B | +17.88% | 24.12B | -1.09B | 1.11 |
| FY2012 | 31 Dec 2012 | 21.38B | -22.16% | 28.05B | 6.67B | 1.01 |
| FY2011 | 31 Dec 2011 | 27.47B | -12.07% | 26.54B | -929.00M | 1.58 |
| FY2010 | 31 Dec 2010 | 31.24B | -6.66% | 25.54B | -5.71B | 1.90 |
| FY2009 | 31 Dec 2009 | 33.47B | +19.42% | 35.77B | 2.30B | 2.07 |
| FY2008 | 31 Dec 2008 | 28.03B | -3.95% | 35.61B | 7.59B | 1.75 |
| FY2007 | 31 Dec 2007 | 29.18B | +21.63% | 25.07B | -4.12B | 2.31 |
| FY2006 | 31 Dec 2006 | 23.99B | +21.74% | 23.33B | -658.00M | 2.04 |
| FY2005 | 31 Dec 2005 | 19.71B | +8.83% | 22.38B | 2.67B | 1.77 |
| FY2004 | 31 Dec 2004 | 18.11B | -0.19% | 2.79B | -15.32B | 1.67 |
| FY2003 | 31 Dec 2003 | 18.14B | -4.44% | 2.49B | -15.65B | 1.83 |
| FY2002 | 31 Dec 2002 | 18.98B | +3.35% | 2.08B | -16.91B | 2.57 |
| FY2001 | 31 Dec 2001 | 18.37B | +15.13% | 1.99B | -16.38B | 2.99 |
| FY2000 | 31 Dec 2000 | 15.96B | +13.60% | 1.78B | -14.18B | 2.94 |
| FY1999 | 31 Dec 1999 | 14.05B | +19.20% | 1.55B | -12.50B | 3.46 |
| FY1998 | 31 Dec 1998 | 11.78B | +67.67% | 1.12B | -10.66B | 3.72 |
| FY1997 | 31 Dec 1997 | 7.03B | +62.12% | 1.19B | -5.83B | 2.88 |
| FY1996 | 31 Dec 1996 | 4.33B | +11.86% | 927.30M | -3.41B | 2.09 |
| FY1995 | 31 Dec 1995 | 3.88B | +109.24% | 702.80M | -3.17B | 2.31 |
| FY1994 | 31 Dec 1994 | 1.85B | +132.75% | 274.60M | -1.58B | 2.93 |
| FY1993 | 31 Dec 1993 | 795.70M | +100.28% | 251.20M | -544.50M | 1.58 |
| FY1992 | 31 Dec 1992 | 397.30M | +66.86% | 255.10M | -142.20M | 1.05 |
| FY1991 | 31 Dec 1991 | 238.10M | -26.12% | 198.10M | -40.00M | 1.01 |
| FY1990 | 31 Dec 1990 | 322.30M | +9.51% | 182.80M | -139.50M | 1.50 |
| FY1989 | 31 Dec 1989 | 294.30M | — | 237.90M | -56.40M | 1.46 |
| Quarter | Period ending | Total debt | Growth on a year before | Cash and short-term investments | Net cash | Debt to equity |
|---|---|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 65.79B | -7.48% | 4.23B | -61.56B | 1.07 |
| Q2 FY2026 | 30 Jun 2026 | 69.86B | +14.42% | 4.71B | -65.15B | 1.09 |
| Q1 FY2026 | 31 Mar 2026 | 69.06B | +23.86% | 44.05B | -25.01B | 1.08 |
| Q4 FY2025 | 31 Dec 2025 | 69.80B | +12.10% | 45.37B | -24.44B | 1.07 |
| Q3 FY2025 | 30 Sept 2025 | 71.11B | +29.08% | 41.35B | -29.76B | 1.08 |
| Q2 FY2025 | 30 Jun 2025 | 61.06B | +6.31% | 45.86B | -15.20B | 0.94 |
| Q1 FY2025 | 31 Mar 2025 | 55.76B | -14.74% | 46.47B | -9.29B | 0.86 |
| Q4 FY2024 | 31 Dec 2024 | 62.27B | +0.23% | 44.32B | -17.94B | 0.98 |
| Q3 FY2024 | 30 Sept 2024 | 55.08B | -14.29% | 43.74B | -11.34B | 0.84 |
| Q2 FY2024 | 30 Jun 2024 | 57.43B | -16.45% | 44.28B | -13.15B | 0.90 |
| Q1 FY2024 | 31 Mar 2024 | 65.40B | -29.77% | 37.45B | -27.95B | 1.11 |
| Q4 FY2023 | 31 Dec 2023 | 62.12B | -4.54% | 97.60B | 35.48B | 1.05 |
| Q3 FY2023 | 30 Sept 2023 | 64.27B | +13.74% | 33.76B | -30.51B | 1.04 |
| Q2 FY2023 | 30 Jun 2023 | 68.74B | +57.54% | 32.82B | -35.92B | 1.08 |
| Q1 FY2023 | 31 Mar 2023 | 93.12B | +141.61% | 40.13B | -52.98B | 1.49 |
| Q4 FY2022 | 31 Dec 2022 | 65.07B | +59.16% | 93.22B | 28.15B | 1.08 |
| Q3 FY2022 | 30 Sept 2022 | 56.50B | +32.16% | 23.30B | -33.20B | 0.93 |
| Q2 FY2022 | 30 Jun 2022 | 43.64B | +0.99% | 24.24B | -19.40B | 0.69 |
| Q1 FY2022 | 31 Mar 2022 | 38.54B | -10.94% | 113.88B | 75.34B | 0.59 |
| Q4 FY2021 | 31 Dec 2021 | 40.89B | -9.75% | 173.42B | 132.53B | 0.59 |
| Q3 FY2021 | 30 Sept 2021 | 42.75B | -8.63% | 170.87B | 128.11B | 0.62 |
| Q2 FY2021 | 30 Jun 2021 | 43.21B | -8.76% | 166.44B | 123.23B | 0.63 |
| Q1 FY2021 | 31 Mar 2021 | 43.28B | -44.77% | 155.94B | 112.66B | 0.64 |
| Q4 FY2020 | 31 Dec 2020 | 45.30B | -23.05% | 139.66B | 94.35B | 0.64 |
| Q3 FY2020 | 30 Sept 2020 | 46.79B | +30.24% | 123.24B | 76.45B | 0.67 |
| Q2 FY2020 | 30 Jun 2020 | 47.36B | +43.57% | 119.00B | 71.65B | 0.69 |
| Q1 FY2020 | 31 Mar 2020 | 78.36B | +152.49% | 114.75B | 36.39B | 1.19 |
| Q4 FY2019 | 31 Dec 2019 | 58.88B | +103.81% | 93.79B | 34.92B | 0.89 |
| Q3 FY2019 | 30 Sept 2019 | 35.93B | +9.23% | 39.00B | 3.08B | 1.11 |
| Q2 FY2019 | 30 Jun 2019 | 32.98B | +19.26% | 28.49B | -4.50B | 1.04 |
| Q1 FY2019 | 31 Mar 2019 | 31.03B | +11.91% | 29.19B | -1.84B | 1.01 |
| Q4 FY2018 | 31 Dec 2018 | 28.89B | +1.05% | 28.88B | -5.00M | 0.96 |
| Q3 FY2018 | 30 Sept 2018 | 32.89B | +14.28% | 27.29B | -5.60B | 1.10 |
| Q2 FY2018 | 30 Jun 2018 | 27.66B | -0.80% | 26.84B | -817.00M | 0.93 |
| Q1 FY2018 | 31 Mar 2018 | 27.73B | +17.24% | 27.93B | 199.00M | 0.94 |
| Q4 FY2017 | 31 Dec 2017 | 28.59B | +15.37% | 27.26B | -1.33B | 0.96 |
| Q3 FY2017 | 30 Sept 2017 | 28.78B | +9.89% | 25.88B | -2.90B | 0.97 |
| Q2 FY2017 | 30 Jun 2017 | 27.88B | +10.83% | 29.91B | 2.03B | 0.92 |
| Q1 FY2017 | 31 Mar 2017 | 23.65B | -10.03% | 30.70B | 7.05B | 0.79 |
| Q4 FY2016 | 31 Dec 2016 | 24.78B | -19.96% | 31.01B | 6.23B | 0.83 |
| Q3 FY2016 | 30 Sept 2016 | 26.19B | -2.43% | 32.42B | 6.23B | 0.87 |
| Q2 FY2016 | 30 Jun 2016 | 25.16B | -5.74% | 30.86B | 5.70B | 0.85 |
| Q1 FY2016 | 31 Mar 2016 | 26.29B | +1.27% | 29.91B | 3.62B | 0.93 |
| Q4 FY2015 | 31 Dec 2015 | 30.96B | +9.59% | 29.01B | -1.95B | 1.13 |
| Q3 FY2015 | 30 Sept 2015 | 26.84B | +5.93% | 27.03B | 188.00M | 0.99 |
| Q2 FY2015 | 30 Jun 2015 | 26.69B | +4.95% | 23.80B | -2.89B | 1.06 |
| Q1 FY2015 | 31 Mar 2015 | 25.96B | -1.09% | 23.45B | -2.51B | 1.05 |
| Q4 FY2014 | 31 Dec 2014 | 28.25B | +12.06% | 23.23B | -5.02B | 1.16 |
| Q3 FY2014 | 30 Sept 2014 | 25.34B | +2.54% | 23.19B | -2.15B | 1.05 |
| Q2 FY2014 | 30 Jun 2014 | 25.43B | +15.13% | 23.38B | -2.05B | 1.06 |
| Q1 FY2014 | 31 Mar 2014 | 26.25B | +24.95% | 22.57B | -3.68B | 1.12 |
| Q4 FY2013 | 31 Dec 2013 | 25.21B | +17.88% | 24.12B | -1.09B | 1.11 |
| Q3 FY2013 | 30 Sept 2013 | 24.71B | +10.74% | 25.17B | 463.00M | 1.12 |
| Q2 FY2013 | 30 Jun 2013 | 22.09B | -14.24% | 26.66B | 4.57B | 1.01 |
| Q1 FY2013 | 31 Mar 2013 | 21.01B | -19.83% | 27.08B | 6.08B | 0.99 |
| Q4 FY2012 | 31 Dec 2012 | 21.38B | -22.16% | 28.05B | 6.67B | 1.01 |
| Q3 FY2012 | 30 Sept 2012 | 22.31B | -14.53% | 3.34B | -18.97B | 1.09 |
| Q2 FY2012 | 30 Jun 2012 | 25.76B | -8.73% | 3.66B | -22.10B | 1.37 |
| Q1 FY2012 | 31 Mar 2012 | 26.20B | -5.66% | 3.80B | -22.40B | 1.47 |
| Q4 FY2011 | 31 Dec 2011 | 27.47B | -12.07% | 26.54B | -929.00M | 1.58 |
| Q3 FY2011 | 30 Sept 2011 | 26.11B | +18.07% | 4.22B | -21.89B | 1.49 |
| Q2 FY2011 | 30 Jun 2011 | 28.22B | +0.20% | 2.54B | -25.69B | 1.66 |
| Q1 FY2011 | 31 Mar 2011 | 27.78B | -2.36% | 1.90B | -25.88B | 1.67 |
| Q4 FY2010 | 31 Dec 2010 | 31.24B | -6.66% | 25.54B | -5.71B | 1.90 |
| Q3 FY2010 | 30 Sept 2010 | 22.11B | -25.49% | 2.17B | -19.94B | 1.32 |
| Q2 FY2010 | 30 Jun 2010 | 28.17B | -8.38% | 2.20B | -25.97B | 1.69 |
| Q1 FY2010 | 31 Mar 2010 | 28.45B | -10.19% | 1.84B | -26.61B | 1.73 |
| Q4 FY2009 | 31 Dec 2009 | 33.47B | +19.42% | 35.77B | 2.30B | 2.07 |
| Q3 FY2009 | 30 Sept 2009 | 29.67B | -5.53% | 1.87B | -27.80B | 1.84 |
| Q2 FY2009 | 30 Jun 2009 | 30.74B | -1.97% | 1.99B | -28.75B | 2.08 |
| Q1 FY2009 | 31 Mar 2009 | 31.68B | +1.68% | 1.70B | -29.98B | 1.96 |
| Q4 FY2008 | 31 Dec 2008 | 28.03B | -3.95% | 35.61B | 7.59B | 1.75 |
| Q3 FY2008 | 30 Sept 2008 | 31.41B | +5.85% | 2.10B | -29.32B | 2.43 |
| Q2 FY2008 | 30 Jun 2008 | 31.36B | +13.12% | 2.47B | -28.90B | 2.45 |
| Q1 FY2008 | 31 Mar 2008 | 31.15B | +16.66% | 2.56B | -28.59B | 2.43 |
| Q4 FY2007 | 31 Dec 2007 | 29.18B | +21.63% | 25.07B | -4.12B | 2.31 |
| Q3 FY2007 | 30 Sept 2007 | 29.68B | +26.86% | 2.22B | -27.46B | 2.39 |
| Q2 FY2007 | 30 Jun 2007 | 27.72B | +26.06% | 2.51B | -25.21B | 2.29 |
| Q1 FY2007 | 31 Mar 2007 | 26.71B | +37.65% | 2.24B | -24.47B | 2.29 |
| Q4 FY2006 | 31 Dec 2006 | 23.99B | +21.74% | 23.33B | -658.00M | 2.04 |
| Q3 FY2006 | 30 Sept 2006 | 23.39B | +23.71% | 2.52B | -20.87B | 1.99 |
| Q2 FY2006 | 30 Jun 2006 | 21.99B | +15.18% | 2.72B | -19.27B | 1.97 |
| Q1 FY2006 | 31 Mar 2006 | 19.40B | -4.33% | 2.31B | -17.10B | 1.77 |
| Q4 FY2005 | 31 Dec 2005 | 19.71B | +8.83% | 22.38B | 2.67B | 1.77 |
| Q3 FY2005 | 30 Sept 2005 | 18.91B | +7.38% | 2.32B | -16.59B | 1.69 |
| Q2 FY2005 | 30 Jun 2005 | 19.09B | +13.94% | 2.46B | -16.63B | 1.72 |
| Q1 FY2005 | 31 Mar 2005 | 20.28B | +23.85% | 2.05B | -18.23B | 1.87 |
| Q4 FY2004 | 31 Dec 2004 | 18.11B | -0.19% | 2.79B | -15.32B | 1.67 |
| Q3 FY2004 | 30 Sept 2004 | 17.61B | +9.16% | 2.09B | -15.52B | 1.63 |
| Q2 FY2004 | 30 Jun 2004 | 16.76B | -4.02% | 2.28B | -14.48B | 1.59 |
| Q1 FY2004 | 31 Mar 2004 | 16.37B | -7.99% | 2.12B | -14.26B | 1.57 |
| Q4 FY2003 | 31 Dec 2003 | 18.14B | -4.44% | 2.49B | -15.65B | 1.83 |
| Q3 FY2003 | 30 Sept 2003 | 16.13B | -11.27% | 2.40B | -13.74B | 1.58 |
| Q2 FY2003 | 30 Jun 2003 | 17.46B | +9.74% | 2.60B | -14.86B | 2.27 |
| Q1 FY2003 | 31 Mar 2003 | 17.79B | +1.76% | 2.10B | -15.69B | 2.35 |
| Q4 FY2002 | 31 Dec 2002 | 18.98B | +3.35% | 2.08B | -16.91B | 2.57 |
| Q3 FY2002 | 30 Sept 2002 | 18.18B | +4.91% | 2.07B | -16.12B | 2.41 |
| Q2 FY2002 | 30 Jun 2002 | 15.91B | -3.10% | 1.76B | -14.15B | 2.23 |
| Q1 FY2002 | 31 Mar 2002 | 17.49B | +5.03% | 1.53B | -15.95B | 2.48 |
| Q4 FY2001 | 31 Dec 2001 | 18.37B | +15.13% | 1.99B | -16.38B | 2.99 |
| Q3 FY2001 | 30 Sept 2001 | 17.33B | +15.27% | 1.72B | -15.61B | 2.90 |
| Q2 FY2001 | 30 Jun 2001 | 16.42B | +32.03% | 1.57B | -14.85B | 3.02 |
| Q1 FY2001 | 31 Mar 2001 | 16.65B | +28.00% | 1.46B | -15.19B | 3.30 |
| Q4 FY2000 | 31 Dec 2000 | 15.96B | +13.60% | 1.78B | -14.18B | 2.94 |
| Q3 FY2000 | 30 Sept 2000 | 15.04B | +23.08% | 1.31B | -13.73B | 3.47 |
| Q2 FY2000 | 30 Jun 2000 | 12.44B | +8.08% | 1.27B | -11.17B | 3.37 |
| Q1 FY2000 | 31 Mar 2000 | 13.01B | +31.97% | 1.10B | -11.91B | 3.74 |
| Q4 FY1999 | 31 Dec 1999 | 14.05B | +19.20% | 1.55B | -12.50B | 3.46 |
| Q3 FY1999 | 30 Sept 1999 | 12.22B | — | 1.03B | -11.18B | 3.95 |
| Q2 FY1999 | 30 Jun 1999 | 11.51B | +53.39% | 1.60B | -9.90B | 4.06 |
| Q1 FY1999 | 31 Mar 1999 | 9.86B | +26.22% | 1.12B | -8.74B | 3.34 |
| Q4 FY1998 | 31 Dec 1998 | 11.78B | +67.67% | 1.12B | -10.66B | 3.72 |
| Q3 FY1998 | 30 Oct 1998 | 8.47B | — | 951.30M | -7.52B | 3.09 |
| Q2 FY1998 | 30 Jun 1998 | 7.50B | +54.90% | 922.80M | -6.58B | 3.10 |
| Q1 FY1998 | 31 Mar 1998 | 7.81B | +75.23% | 961.70M | -6.85B | 3.20 |
| Q4 FY1997 | 31 Dec 1997 | 7.03B | +62.12% | 1.19B | -5.83B | 2.88 |
| Q3 FY1997 | 30 Sept 1997 | 5.39B | +30.04% | 722.00M | -4.67B | 2.59 |
| Q2 FY1997 | 30 Jun 1997 | 4.84B | +29.44% | 664.50M | -4.18B | 2.76 |
| Q1 FY1997 | 31 Mar 1997 | 4.46B | +40.63% | 581.50M | -3.87B | 2.54 |
| Q4 FY1996 | 31 Dec 1996 | 4.33B | +11.86% | 927.30M | -3.41B | 2.09 |
| Q3 FY1996 | 30 Sept 1996 | 4.15B | -3.99% | 664.50M | -3.48B | 2.50 |
| Q2 FY1996 | 30 Jun 1996 | 3.74B | -16.11% | 594.10M | -3.15B | 2.37 |
| Q1 FY1996 | 31 Mar 1996 | 3.17B | -11.79% | 668.70M | -2.50B | 2.03 |
| Q4 FY1995 | 31 Dec 1995 | 3.88B | +109.24% | 702.80M | -3.17B | 2.31 |
| Q3 FY1995 | 30 Sept 1995 | 4.32B | +176.26% | 596.80M | -3.72B | 2.69 |
| Q2 FY1995 | 30 Jun 1995 | 4.46B | +230.67% | 710.40M | -3.75B | 2.84 |
| Q1 FY1995 | 31 Mar 1995 | 3.59B | +224.37% | 699.20M | -2.89B | 2.40 |
| Q4 FY1994 | 31 Dec 1994 | 1.85B | +132.75% | 274.60M | -1.58B | 2.93 |
| Q3 FY1994 | 30 Sept 1994 | 1.56B | +134.97% | 405.40M | -1.16B | 2.57 |
| Q2 FY1994 | 30 Jun 1994 | 1.35B | +212.49% | 278.90M | -1.07B | 2.27 |
| Q1 FY1994 | 31 Mar 1994 | 1.11B | +162.13% | 355.80M | -751.70M | 1.90 |
| Q4 FY1993 | 31 Dec 1993 | 795.70M | +100.28% | 251.20M | -544.50M | 1.58 |
| Q3 FY1993 | 30 Sept 1993 | 665.20M | +49.82% | 205.50M | -459.70M | 1.41 |
| Q2 FY1993 | 30 Jun 1993 | 431.60M | -3.60% | 181.50M | -250.10M | 0.94 |
| Q1 FY1993 | 31 Mar 1993 | 422.50M | -5.31% | 211.50M | -211.00M | 0.95 |
| Q4 FY1992 | 31 Dec 1992 | 397.30M | +66.86% | 255.10M | -142.20M | 1.05 |
| Q3 FY1992 | 30 Sept 1992 | 444.00M | +55.03% | 214.00M | -230.00M | 1.21 |
| Q2 FY1992 | 30 Jun 1992 | 447.70M | +42.49% | 226.50M | -221.20M | 1.25 |
| Q1 FY1992 | 31 Mar 1992 | 446.20M | +27.74% | 349.70M | -96.50M | 1.27 |
| Q4 FY1991 | 31 Dec 1991 | 238.10M | -26.12% | 198.10M | -40.00M | 1.01 |
| Q3 FY1991 | 30 Sept 1991 | 286.40M | -33.10% | 264.40M | -22.00M | 1.25 |
| Q2 FY1991 | 30 Jun 1991 | 314.20M | -13.87% | 226.70M | -87.50M | 1.40 |
| Q1 FY1991 | 31 Mar 1991 | 349.30M | -20.01% | 166.40M | -182.90M | 1.59 |
| Q4 FY1990 | 31 Dec 1990 | 322.30M | +9.51% | 182.80M | -139.50M | 1.50 |
| Q3 FY1990 | 30 Sept 1990 | 428.10M | +3.33% | 199.40M | -228.70M | 2.00 |
| Q2 FY1990 | 30 Jun 1990 | 364.80M | — | 184.90M | -179.90M | 2.05 |
| Q1 FY1990 | 31 Mar 1990 | 436.70M | — | 187.70M | -249.00M | 2.51 |
| Q4 FY1989 | 31 Dec 1989 | 294.30M | — | 237.90M | -56.40M | 1.46 |
| Q3 FY1989 | 30 Sept 1989 | 414.30M | — | 152.10M | -262.20M | 2.61 |
Figures in USD at the end of each period. Net cash is cash and short-term investments less total debt; book value per share is on the diluted share count. The latest column is the most recent quarter.
Total debt counts commercial paper, term debt and lease liabilities.
See also:Revenue,Net income,EPS,Shares outstanding,Operating income,Cash on hand,Free cash flow,Stock buybacks,Balance sheet
Common questions about Truist Financial's debt
Source: Financial Modeling Prep
