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| Date | Value |
|---|---|
| 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 |