First Citizens Bancshares Inc /De/ (FCNCN) Rent Expense (2009 - 2026)
First Citizens Bancshares' (FCNCN) quarterly Rent Expense came in at $60.0 million in Q1 2026, up 3.45% year-on-year from $58.0 million in Q1 2025, and down 1.64% on a QoQ basis from $61.0 million in Q4 2025.
First Citizens Bancshares Inc /De/ (FCNCN) Rent Expense (2009 - 2026) Analysis & Trends
First Citizens Bancshares (FCNCN) has 18 years of Rent Expense data on file, last reported at $60.0 million in Q1 2026.
- On a quarterly basis, Rent Expense rose 3.45% year-over-year to $60.0 million in Q1 2026; TTM through Mar 2026 was $240.0 million, a 0.84% increase from a year earlier, with the FY2025 full-year figure at $238.0 million, down 1.65% from the prior year.
- Rent Expense for Q1 2026 stood at $60.0 million, down from $61.0 million in the prior quarter.
- Over the last five years, Rent Expense for FCNCN reached as high as $65.0 million in Q3 2023 and fell as low as $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.
- Across the five-year window, Rent Expense soared 71.43% in 2022 and slipped 9.38% in 2024, its largest moves.
- Year by year, Rent Expense stood at $48.0 million in 2022, then jumped by 35.42% to $65.0 million in 2023, then declined by 7.69% to $60.0 million in 2024, then grew by 1.67% to $61.0 million in 2025, then slipped by 1.64% to $60.0 million in 2026.
- Per Business Quant data, the three most recent Rent Expense figures were $60.0 million in Q1 2026, $61.0 million in Q4 2025, and $58.0 million in Q3 2025.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 65.00 Mn |
| Dec 31, 2023 | 65.00 Mn |