Truist Bank: how it compares with its peers
Against 10 U.S. banks with half to twice its assets, Truist Bank's strongest measure in Q2 2026 is assets per employee ($15.3M vs. a $11.0M peer median). Its weakest relative measure is return on assets (1.16% vs. 1.22%).
| Measure | Truist Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.16% | 1.22% | Middle third Ahead of 40% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.14% | 3.01% | Middle third Ahead of 50% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 52.99% | 58.36% | Top third Ahead of 70% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $15.3M | $11.0M | Top third Ahead of 80% of peers |
| Loans to deposits Net loans and leases over total deposits. | 78.04% | 65.91% | Context |
What it means for lending operations
Its efficiency ratio of 52.99% is better than the 58.36% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- PNC Bank, National Association Wilmington, DE · $609.77B
- Capital One, National Association Mclean, VA · $662.16B
- The Bank of New York Mellon New York, NY · $425.12B
- Morgan Stanley Bank, National Association Salt Lake City, UT · $419.32B
- State Street Bank and Trust Company Boston, MA · $412.62B
- U.S. Bank National Association Cincinnati, OH · $705.55B
Questions about Truist Bank
How big is Truist Bank?
Truist Bank, established in 1872, is headquartered in Charlotte, NC. It reported $548.35B in total assets in its Q2 2026 FDIC call report and operates 1931 offices.
What is Truist Bank's return on assets?
1.16% annualized in Q2 2026, against a 1.22% median for 10 U.S. banks with half to twice its assets, ahead of 40% of them.
What is Truist Bank's efficiency ratio?
52.99% in Q2 2026: it spent about 53 cents in noninterest expense for each dollar of revenue. The peer median is 58.36%, and lower is better.
Is Truist Bank growing its loans?
Net loans grew 3.9% over the year to Q2 2026, while deposits grew 0.4%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are U.S. banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every North Carolina bank ranked.