Provident Financial Services (PFS) Rent Expense (2009 - 2026)
Provident Financial Services' Rent Expense was $12.46 million in Q2 2026, down 4.2% from $13.01 million a year earlier and down 16.8% from the prior quarter.
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Analysis
Provident Financial Services (PFS) Rent Expense (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Provident Financial Services' Rent Expense was $53.3 million through Jun 30, 2026, up 1.9% year-over-year; for FY2025, it was $52.79 million, up 17.3% from FY2024.
- Rent Expense shows a five-year compound annual growth rate of 14.2% (FY2020 to FY2025).
- In earlier years, Rent Expense was $45.01 million in FY2024 (+39.5%), $32.27 million in FY2023 (-6.6%), $34.57 million in FY2022 (+5.0%) and $32.93 million in FY2021 (+21.3%).
- The Q2 2026 figure marks the lowest quarterly Rent Expense since Q2 2024.
- Compared with a year earlier, Rent Expense was higher in six of the last eight quarters, with growth averaging 25.8%.
- The best year-over-year quarter for Rent Expense over five years was Q1 2025 (growth of 63.5%); the worst was Q1 2023 (a decline of 9.9%).
- Per Business Quant data, PFS's Rent Expense in the three quarters before Q2 2026 was $14.99 million (Q1 2026), $13.08 million (Q4 2025) and $12.77 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 895.36 Bn | 924.83 Bn | - | 1.48 Bn |
| 2 | Banco Santander Chile | 425.01 Bn | 544.95 Bn | - | - |
| 3 | Bank Of America | 389.22 Bn | -1,986.85 Bn | - | 1.91 Bn |
| 4 | Hsbc Holdings | 347.56 Bn | 347.61 Bn | - | - |
| 5 | Morgan Stanley | 304.44 Bn | -204.66 Bn | - | 482.00 Mn |
| 6 | Royal Bank Of Canada | 281.54 Bn | 132.29 Bn | - | 316.29 Mn |
| 7 | Mitsubishi Ufj Financial | 277.23 Bn | -1,311.26 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 267.12 Bn | -3,289.99 Bn | - | 244.00 Mn |
| 9 | Wells Fargo & Company | 244.76 Bn | 246.90 Bn | - | 803.00 Mn |
| 10 | Provident Financial Services | 2.94 Bn | 2.20 Bn | - | 12.46 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.46 Mn |
| Mar 31, 2026 | 14.99 Mn |
| Dec 31, 2025 | 13.08 Mn |
| Sep 30, 2025 | 12.77 Mn |
| Jun 30, 2025 | 13.01 Mn |
| Mar 31, 2025 | 13.93 Mn |
| Dec 31, 2024 | 12.56 Mn |
| Sep 30, 2024 | 12.79 Mn |
| Jun 30, 2024 | 11.14 Mn |
| Mar 31, 2024 | 8.52 Mn |
| Dec 31, 2023 | 7.80 Mn |
| Sep 30, 2023 | 8.11 Mn |
| Jun 30, 2023 | 7.95 Mn |
| Mar 31, 2023 | 8.41 Mn |
| Dec 31, 2022 | 8.30 Mn |
| Sep 30, 2022 | 8.45 Mn |
| Jun 30, 2022 | 8.48 Mn |
| Mar 31, 2022 | 9.33 Mn |
| Dec 31, 2021 | 7.77 Mn |
| Sep 30, 2021 | 7.95 Mn |
API Access
Provident Financial Services Rent Expense API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=rent-expense&ticker=PFS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "rent-expense", "ticker": "PFS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=rent-expense&ticker=PFS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();