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 | 42,090.38 Bn | 42,090.38 Bn | -786,828.77 | - |
| 2 | Shinhan Financial | 33,919.15 Bn | 33,919.15 Bn | - | - |
| 3 | Bank Of Chile | 4,123.52 Bn | 4,123.52 Bn | 167,623.00 | - |
| 4 | Lloyds Banking | 360.83 Bn | 360.83 Bn | - | - |
| 5 | First Capital | 204.17 Bn | 203.82 Bn | - | 634,000.00 |
| 6 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 1.45 Mn |
| 7 | NatWest | 144.82 Bn | -51.17 Bn | - | -420.63 Mn |
| 8 | Pnc Financial Services | 101.80 Bn | 101.80 Bn | - | 262.00 Mn |
| 9 | Us Bancorp | 99.51 Bn | 99.51 Bn | - | 304.00 Mn |
| 10 | Provident Financial Services | 3.13 Bn | 2.88 Bn | - | 14.99 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |