First Citizens Bancshares (FCNCA) Rent Expense (2009 - 2026)
First Citizens Bancshares (FCNCA) posted quarterly Rent Expense of $60.0 million for Q1 2026, up 3.45% year-over-year from $58.0 million in Q1 2025, and down 1.64% quarter-over-quarter from $61.0 million in Q4 2025.
First Citizens Bancshares (FCNCA) Rent Expense (2009 - 2026) Analysis & Trends
First Citizens Bancshares (FCNCA) has reported Rent Expense for 18 consecutive years, with $60.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Rent Expense rose 3.45% year-over-year to $60.0 million; the TTM figure through Mar 2026 stood at $240.0 million (up 0.84% YoY), while the FY2025 annual figure was $238.0 million, down 1.65% from the prior year.
- Rent Expense slipped to $60.0 million in Q1 2026 per FCNCA's latest filing, from $61.0 million in the prior quarter.
- Across five years, Rent Expense topped out at $65.0 million in Q3 2023 and bottomed at $47.0 million in Q3 2022.
- Historically, Rent Expense has averaged $57.4 million across 5 years, with a median of $60.0 million in 2024.
- Annual changes were most pronounced in 2022 — Rent Expense surged 71.43% — and 2024, when it declined 9.38%.
- First Citizens Bancshares' Rent Expense stood at $48.0 million in 2022, then surged by 35.42% to $65.0 million in 2023, then slipped by 7.69% to $60.0 million in 2024, then advanced by 1.67% to $61.0 million in 2025, then retreated by 1.64% to $60.0 million in 2026.
- Business Quant data shows FCNCA's Rent Expense at $60.0 million in Q1 2026, $61.0 million in Q4 2025, and $58.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 252.00 Mn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 303.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -423.97 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 171.00 Mn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 154.00 Mn |
| 10 | First Citizens Bancshares | 24.79 Bn | 24.27 Bn | 29.00 Mn | 59.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 59.00 Mn |
| Jun 30, 2026 | 59.00 Mn |
| Mar 31, 2026 | 60.00 Mn |
| Mar 31, 2026 | 60.00 Mn |
| Dec 31, 2025 | 61.00 Mn |
| Dec 31, 2025 | 61.00 Mn |
| Sep 30, 2025 | 58.00 Mn |
| Sep 30, 2025 | 58.00 Mn |
| Jun 30, 2025 | 61.00 Mn |
| Jun 30, 2025 | 61.00 Mn |
| Mar 31, 2025 | 58.00 Mn |
| Mar 31, 2025 | 58.00 Mn |
| Dec 31, 2024 | 60.00 Mn |
| Dec 31, 2024 | 60.00 Mn |
| Sep 30, 2024 | 62.00 Mn |
| Sep 30, 2024 | 62.00 Mn |
| Jun 30, 2024 | 58.00 Mn |
| Jun 30, 2024 | 58.00 Mn |
| Mar 31, 2024 | 62.00 Mn |
| Mar 31, 2024 | 62.00 Mn |