Pnc Financial Services (PNC) Rent Expense (2009 - 2026)
Pnc Financial Services' (PNC) quarterly Rent Expense came in at $252.0 million in Q2 2026, up 7.23% on a YoY basis from $235.0 million in Q2 2025, and down 3.82% quarter-over-quarter from $262.0 million in Q1 2026.
Analysis
Pnc Financial Services (PNC) Rent Expense (2009 - 2026) Analysis & Trends
Pnc Financial Services (PNC) has reported Rent Expense for 18 consecutive years, with $252.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Rent Expense rose 7.23% year-over-year to $252.0 million; the trailing twelve-month figure through Jun 2026 stood at $996.0 million (up 4.4% YoY), and the FY2025 full-year result was $962.0 million, up 0.84% from the prior year.
- Rent Expense declined to $252.0 million in Q2 2026 per PNC's latest filing, from $262.0 million in the prior quarter.
- Across five years, Rent Expense topped out at $262.0 million in Q1 2026 and bottomed at $234.0 million in Q3 2024.
- Historically, Rent Expense has averaged $244.7 million across 5 years, with a median of $244.0 million in 2023.
- The widest YoY moves for Rent Expense: up 20.0% in 2022, down 5.0% in 2022.
- Over 5 years, Rent Expense stood at $247.0 million in 2022, then decreased by 1.62% to $243.0 million in 2023, then declined by 1.23% to $240.0 million in 2024, then increased by 2.92% to $247.0 million in 2025, then increased by 2.02% to $252.0 million in 2026.
- According to Business Quant data, Rent Expense over the past three periods registered $252.0 million, $262.0 million, and $247.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 2,119.43 Bn | 1,530.93 Bn | 30.39 Bn | 1.91 Bn |
| 2 | Morgan Stanley | 334.06 Bn | 173.92 Bn | - | 482.00 Mn |
| 3 | Goldman Sachs | 307.10 Bn | -669.25 Bn | - | 244.00 Mn |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | - |
| 5 | Royal Bank Of Canada | 290.62 Bn | 63.73 Bn | - | 316.29 Mn |
| 6 | Wells Fargo & Company | 271.34 Bn | 67.38 Bn | - | 803.00 Mn |
| 7 | American Express | 217.50 Bn | 168.19 Bn | 17.99 Bn | - |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn | - |
| 9 | Toronto Dominion Bank | 205.52 Bn | 44.19 Bn | - | 360.03 Mn |
| 10 | Pnc Financial Services | 97.23 Bn | 97.23 Bn | - | 252.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 252.00 Mn |
| Mar 31, 2026 | 262.00 Mn |
| Dec 31, 2025 | 247.00 Mn |
| Sep 30, 2025 | 235.00 Mn |
| Jun 30, 2025 | 235.00 Mn |
| Mar 31, 2025 | 245.00 Mn |
| Dec 31, 2024 | 240.00 Mn |
| Sep 30, 2024 | 234.00 Mn |
| Jun 30, 2024 | 236.00 Mn |
| Mar 31, 2024 | 244.00 Mn |
| Dec 31, 2023 | 243.00 Mn |
| Sep 30, 2023 | 244.00 Mn |
| Jun 30, 2023 | 244.00 Mn |
| Mar 31, 2023 | 251.00 Mn |
| Dec 31, 2022 | 247.00 Mn |
| Sep 30, 2022 | 241.00 Mn |
| Jun 30, 2022 | 246.00 Mn |
| Mar 31, 2022 | 258.00 Mn |
| Dec 31, 2021 | 260.00 Mn |
| Sep 30, 2021 | 248.00 Mn |