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
DateValue
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