Pnc Financial Services (PNC) Rent Expense (2009 - 2026)
Pnc Financial Services (PNC) reported Rent Expense of $252 million for Q2 2026, up 7.2% from $235 million a year earlier but down 3.8% from the prior quarter.
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Analysis
Pnc Financial Services (PNC) Rent Expense (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Pnc Financial Services' Rent Expense came in at $996 million, up 4.4% year-over-year; for FY2025, it came in at $962 million, up 0.8% from FY2024.
- Rent Expense has a five-year compound annual growth rate of 3.1% (FY2020 to FY2025).
- By year, Rent Expense came in at $954 million in FY2024 (-2.9%), $982 million in FY2023 (-1.0%), $992 million in FY2022 (+5.5%) and $940 million in FY2021 (+13.8%).
- Five-year quarterly Rent Expense spans a low of $234 million in Q3 2024 and a high of $262 million in Q1 2026.
- Year over year, Rent Expense has now increased in each of the last four quarters, with growth averaging 1.5% over the last eight quarters.
- The high point for year-over-year Rent Expense in five years was Q3 2021 (growth of 21.0%); the low point was Q4 2022 (a decline of 5.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $262 million (Q1 2026), $247 million (Q4 2025) and $235 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 1.48 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 1.91 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 482.00 Mn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 316.29 Mn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 244.00 Mn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 803.00 Mn |
| 10 | Pnc Financial Services | 88.67 Bn | 88.73 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 |
API Access
Pnc 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=PNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "rent-expense", "ticker": "PNC", "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=PNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();