First Horizon (FHN) Rent Expense (2009 - 2026)
First Horizon's (FHN) quarterly Rent Expense came in at $36.0 million in Q2 2026, up 5.88% year-over-year from $34.0 million in Q2 2025, and up 2.86% quarter-over-quarter from $35.0 million in Q1 2026.
Analysis
First Horizon (FHN) Rent Expense (2009 - 2026) Analysis & Trends
First Horizon has disclosed Rent Expense across 18 years of filings, most recently posting $36.0 million for Q2 2026.
- In Q2 2026, Rent Expense rose 5.88% year-over-year to $36.0 million; the TTM figure through Jun 2026 stood at $141.0 million (up 2.92% YoY), while the FY2025 annual figure was $139.0 million, up 6.92% from the prior year.
- Rent Expense came in at $36.0 million for Q2 2026 at First Horizon, up from $35.0 million in the prior quarter.
- In the past five years, Rent Expense ranged from a high of $36.0 million in Q3 2025 to a low of $30.0 million in Q2 2023.
- Average Rent Expense over 5 years is $32.8 million, with a median of $32.5 million recorded in 2022.
- Year-over-year, Rent Expense declined 13.51% in 2022 and grew 12.9% in 2024.
- Over 5 years, Rent Expense stood at $32.0 million in 2022, then retreated by 3.12% to $31.0 million in 2023, then advanced by 12.9% to $35.0 million in 2024, then decreased by 2.86% to $34.0 million in 2025, then rose by 5.88% to $36.0 million in 2026.
- Per Business Quant data, the three most recent Rent Expense figures were $36.0 million in Q2 2026, $35.0 million in Q1 2026, and $34.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 941.69 Bn | 941.69 Bn | - | - |
| 2 | Truist Financial | 61.79 Bn | 61.79 Bn | - | 171.00 Mn |
| 3 | Fifth Third Bancorp | 49.90 Bn | 26.18 Bn | - | 154.00 Mn |
| 4 | M&T Bank | 34.97 Bn | 34.97 Bn | - | 129.00 Mn |
| 5 | Huntington Bancshares | 34.15 Bn | 29.62 Bn | - | 90.00 Mn |
| 6 | Citizens Financial | 29.74 Bn | 29.74 Bn | - | 108.00 Mn |
| 7 | Regions Financial | 25.70 Bn | 25.70 Bn | - | 73.00 Mn |
| 8 | First Citizens Bancshares | 25.10 Bn | 24.58 Bn | 29.00 Mn | 59.00 Mn |
| 9 | Keycorp | 23.34 Bn | -24.35 Bn | - | 68.00 Mn |
| 10 | First Horizon | 11.63 Bn | 4.42 Bn | - | 36.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.00 Mn |
| Mar 31, 2026 | 35.00 Mn |
| Dec 31, 2025 | 34.00 Mn |
| Sep 30, 2025 | 36.00 Mn |
| Jun 30, 2025 | 34.00 Mn |
| Mar 31, 2025 | 35.00 Mn |
| Dec 31, 2024 | 35.00 Mn |
| Sep 30, 2024 | 33.00 Mn |
| Jun 30, 2024 | 31.00 Mn |
| Mar 31, 2024 | 31.00 Mn |
| Dec 31, 2023 | 31.00 Mn |
| Sep 30, 2023 | 30.00 Mn |
| Jun 30, 2023 | 30.00 Mn |
| Mar 31, 2023 | 31.00 Mn |
| Dec 31, 2022 | 32.00 Mn |
| Sep 30, 2022 | 32.00 Mn |
| Jun 30, 2022 | 33.00 Mn |
| Mar 31, 2022 | 32.00 Mn |
| Dec 31, 2021 | 34.00 Mn |
| Sep 30, 2021 | 33.00 Mn |