First Citizens Bancshares (FCNCA) Rent Expense (2009 - 2026)
First Citizens Bancshares' (FCNCA) quarterly Rent Expense came in at $59.0 million in Q2 2026, down 3.28% year-over-year from $61.0 million in Q2 2025, and down 1.67% quarter-over-quarter from $60.0 million in Q1 2026.
Analysis
First Citizens Bancshares (FCNCA) Rent Expense (2009 - 2026) Analysis & Trends
First Citizens Bancshares (FCNCA) has reported Rent Expense for 18 consecutive years, with $59.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Rent Expense fell 3.28% year-over-year to $59.0 million in Q2 2026; TTM through Jun 2026 was $238.0 million, a 1.24% decrease from a year earlier, with the FY2025 full-year figure at $238.0 million, down 1.65% from the prior year.
- Rent Expense was $59.0 million for Q2 2026 at First Citizens Bancshares, down from $60.0 million in the prior quarter.
- Over five years, Rent Expense peaked at $65.0 million in Q3 2023 and troughed at $47.0 million in Q3 2022.
- A 5-year average of $57.4 million and a median of $59.5 million in 2024 frame the typical range for Rent Expense.
- Across the five-year window, Rent Expense jumped 71.43% in 2022 and dropped 9.38% in 2024, its largest moves.
- Over 5 years, Rent Expense stood at $48.0 million in 2022, then soared by 35.42% to $65.0 million in 2023, then retreated by 7.69% to $60.0 million in 2024, then rose by 1.67% to $61.0 million in 2025, then retreated by 3.28% to $59.0 million in 2026.
- The last three Rent Expense figures came in at $59.0 million (Q2 2026), $60.0 million (Q1 2026), and $61.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.96 Bn | 948.96 Bn | - | - |
| 2 | Truist Financial | 61.64 Bn | 61.64 Bn | - | 171.00 Mn |
| 3 | Fifth Third Bancorp | 49.62 Bn | 25.89 Bn | - | 154.00 Mn |
| 4 | M&T Bank | 34.88 Bn | 34.88 Bn | - | 129.00 Mn |
| 5 | Huntington Bancshares | 33.82 Bn | 29.29 Bn | - | 90.00 Mn |
| 6 | Citizens Financial | 29.46 Bn | 29.46 Bn | - | 108.00 Mn |
| 7 | Regions Financial | 25.57 Bn | 25.57 Bn | - | 73.00 Mn |
| 8 | First Citizens Bancshares | 25.00 Bn | 24.48 Bn | 29.00 Mn | 59.00 Mn |
| 9 | Keycorp | 23.27 Bn | -24.42 Bn | - | 68.00 Mn |
| 10 | East West Bancorp | 17.78 Bn | 12.69 Bn | - | 19.55 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 59.00 Mn |
| Mar 31, 2026 | 60.00 Mn |
| Dec 31, 2025 | 61.00 Mn |
| Sep 30, 2025 | 58.00 Mn |
| Jun 30, 2025 | 61.00 Mn |
| Mar 31, 2025 | 58.00 Mn |
| Dec 31, 2024 | 60.00 Mn |
| Sep 30, 2024 | 62.00 Mn |
| Jun 30, 2024 | 58.00 Mn |
| Mar 31, 2024 | 62.00 Mn |
| Dec 31, 2023 | 65.00 Mn |
| Sep 30, 2023 | 65.00 Mn |
| Jun 30, 2023 | 64.00 Mn |
| Mar 31, 2023 | 50.00 Mn |
| Dec 31, 2022 | 48.00 Mn |
| Sep 30, 2022 | 47.00 Mn |
| Jun 30, 2022 | 48.00 Mn |
| Mar 31, 2022 | 48.00 Mn |
| Dec 31, 2021 | 30.00 Mn |
| Sep 30, 2021 | 29.00 Mn |