Provident Financial Services (PFS) Rent Expense (2009 - 2026)

Provident Financial Services (PFS) posted Rent Expense of $15.0 million for Q1 2026, up 14.58% on a QoQ basis from $13.1 million in Q4 2025, and up 7.6% year-over-year from $13.9 million in Q1 2025.

Provident Financial Services (PFS) Rent Expense (2009 - 2026) Analysis & Trends

Provident Financial Services' Rent Expense history runs 18 years deep, the most recent figure standing at $15.0 million for Q1 2026.

  • Quarterly Rent Expense rose 7.6% year-over-year to $15.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $53.8 million (up 6.79% YoY) and the FY2025 annual result came in at $52.8 million, up 17.27% from the prior year.
  • Rent Expense was $15.0 million for Q1 2026 at Provident Financial Services, up from $13.1 million in the prior quarter.
  • Across five years, Rent Expense topped out at $15.0 million in Q1 2026 and bottomed at $7.8 million in Q4 2023.
  • A 5-year average of $10.6 million and a median of $9.3 million in 2022 frame the typical range for Rent Expense.
  • Annual changes were most pronounced in 2023 — Rent Expense decreased 9.86% — and 2025, when it surged 63.46%.
  • Provident Financial Services' Rent Expense stood at $8.3 million in 2022, then decreased by 6.11% to $7.8 million in 2023, then soared by 61.11% to $12.6 million in 2024, then gained by 4.11% to $13.1 million in 2025, then advanced by 14.58% to $15.0 million in 2026.
  • Business Quant data shows PFS's Rent Expense at $15.0 million in Q1 2026, $13.1 million in Q4 2025, and $12.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 -
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - -
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 -
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn -
5 Mizuho Financial 385.64 Bn 389.59 Bn - -
6 Lloyds Banking 358.14 Bn 358.14 Bn - -
7 First Capital 200.03 Bn 199.69 Bn - 634,000.00
8 Landmark Bancorp 187.97 Bn 187.94 Bn - 1.45 Mn
9 Pnc Financial Services 100.96 Bn 101.01 Bn - 262.00 Mn
10 Provident Financial Services 3.10 Bn 2.86 Bn - 14.99 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 14.99 Mn
Mar 31, 2026 14.99 Mn
Dec 31, 2025 13.08 Mn
Dec 31, 2025 13.08 Mn
Sep 30, 2025 12.77 Mn
Sep 30, 2025 12.77 Mn
Jun 30, 2025 13.01 Mn
Jun 30, 2025 13.01 Mn
Mar 31, 2025 13.93 Mn
Mar 31, 2025 13.93 Mn
Dec 31, 2024 12.56 Mn
Dec 31, 2024 12.56 Mn
Sep 30, 2024 12.79 Mn
Sep 30, 2024 12.79 Mn
Jun 30, 2024 11.14 Mn
Jun 30, 2024 11.14 Mn
Mar 31, 2024 8.52 Mn
Mar 31, 2024 8.52 Mn
Dec 31, 2023 7.80 Mn
Dec 31, 2023 7.80 Mn