Bank of New York Mellon (BK) Rent Expense (2009 - 2026)

Bank of New York Mellon (BK) reported Rent Expense of $123.0 million for Q1 2026, down 9.56% year-over-year from $136.0 million in Q1 2025, and down 13.99% quarter-over-quarter from $143.0 million in Q4 2025.

Bank of New York Mellon (BK) Rent Expense (2009 - 2026) Analysis & Trends

Bank of New York Mellon (BK) has 18 years of Rent Expense data on file, last reported at $123.0 million in Q1 2026.

  • Rent Expense for Q1 2026 came in at $123.0 million, down 9.56% year-over-year; the trailing twelve-month figure through Mar 2026 was $538.0 million (down 2.0% YoY), and the FY2025 annual result was $551.0 million, up 2.61% from the prior year.
  • Rent Expense declined to $123.0 million in Q1 2026 per BK's latest filing, from $143.0 million in the prior quarter.
  • Over five years, Rent Expense peaked at $162.0 million in Q4 2023 and troughed at $119.0 million in Q1 2023.
  • A 5-year average of $133.4 million and a median of $132.0 million in 2025 frame the typical range for Rent Expense.
  • The sharpest annual moves came in 2023 and 2026: Rent Expense rose 13.29% in 2023, then decreased 9.56% in 2026.
  • A 5-year view of Rent Expense shows it stood at $143.0 million in 2022, then advanced by 13.29% to $162.0 million in 2023, then decreased by 8.02% to $149.0 million in 2024, then retreated by 4.03% to $143.0 million in 2025, then decreased by 13.99% to $123.0 million in 2026.
  • Business Quant data shows BK's Rent Expense at $123.0 million in Q1 2026, $143.0 million in Q4 2025, and $140.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 Canadian Imperial Bank Of Commerce 1,329,940,501.22 Bn 1,329,940,501.43 Bn - -
2 Hsbc Holdings 37,228.00 Bn 37,228.45 Bn - -
3 Royal Bank Of Canada 2,913.28 Bn 2,841.72 Bn - 302.64 Mn
4 Toronto Dominion Bank 959.65 Bn 952.85 Bn - -
5 Bank Of Montreal 416.15 Bn 416.15 Bn - -
6 Bank Of America 390.60 Bn -216.10 Bn 29.24 Bn 1.90 Bn
7 Barclays 379.37 Bn -269.24 Bn - -
8 Mitsubishi Ufj Financial 271.88 Bn -414.40 Bn 3.81 Bn -
9 Wells Fargo & Company 252.38 Bn 177.30 Bn - 778.00 Mn
10 Bank of New York Mellon 94.86 Bn 37.94 Bn - 123.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 123.00 Mn
Mar 31, 2026 123.00 Mn
Dec 31, 2025 143.00 Mn
Dec 31, 2025 143.00 Mn
Sep 30, 2025 140.00 Mn
Sep 30, 2025 140.00 Mn
Jun 30, 2025 132.00 Mn
Jun 30, 2025 132.00 Mn
Mar 31, 2025 136.00 Mn
Mar 31, 2025 136.00 Mn
Dec 31, 2024 149.00 Mn
Dec 31, 2024 149.00 Mn
Sep 30, 2024 130.00 Mn
Sep 30, 2024 130.00 Mn
Jun 30, 2024 134.00 Mn
Jun 30, 2024 134.00 Mn
Mar 31, 2024 124.00 Mn
Mar 31, 2024 124.00 Mn
Dec 31, 2023 162.00 Mn
Dec 31, 2023 162.00 Mn