Pnc Financial Services (PNC) Rent Expense (2009 - 2026)
Pnc Financial Services' (PNC) quarterly Rent Expense came in at $262.0 million in Q1 2026, up 6.94% YoY from $245.0 million in Q1 2025, and up 6.07% on a QoQ basis from $247.0 million in Q4 2025.
Pnc Financial Services (PNC) Rent Expense (2009 - 2026) Analysis & Trends
Pnc Financial Services (PNC) has 18 years of Rent Expense data on file, last reported at $262.0 million in Q1 2026.
- Quarterly Rent Expense rose 6.94% year-over-year to $262.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $979.0 million (up 2.51% YoY) and the FY2025 annual result came in at $962.0 million, up 0.84% from the prior year.
- Rent Expense advanced to $262.0 million in Q1 2026, from $247.0 million in the prior quarter.
- In the past five years, Rent Expense ranged from a high of $262.0 million in Q1 2026 to a low of $234.0 million in Q3 2024.
- A 5-year average of $244.2 million and a median of $244.0 million in 2023 frame the typical range for Rent Expense.
- The widest YoY moves for Rent Expense: up 20.0% in 2022, down 5.0% in 2022.
- Tracing PNC's Rent Expense over 5 years: stood at $247.0 million in 2022, then fell by 1.62% to $243.0 million in 2023, then slipped by 1.23% to $240.0 million in 2024, then climbed by 2.92% to $247.0 million in 2025, then rose by 6.07% to $262.0 million in 2026.
- The last three Rent Expense figures came in at $262.0 million (Q1 2026), $247.0 million (Q4 2025), and $235.0 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 252.00 Mn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 303.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -423.97 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 171.00 Mn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 154.00 Mn |
| 10 | Itau Unibanco Holding | 40.31 Bn | 42.00 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 252.00 Mn |
| Jun 30, 2026 | 252.00 Mn |
| Mar 31, 2026 | 262.00 Mn |
| Mar 31, 2026 | 262.00 Mn |
| Dec 31, 2025 | 247.00 Mn |
| Dec 31, 2025 | 247.00 Mn |
| Sep 30, 2025 | 235.00 Mn |
| Sep 30, 2025 | 235.00 Mn |
| Jun 30, 2025 | 235.00 Mn |
| Jun 30, 2025 | 235.00 Mn |
| Mar 31, 2025 | 245.00 Mn |
| Mar 31, 2025 | 245.00 Mn |
| Dec 31, 2024 | 240.00 Mn |
| Dec 31, 2024 | 240.00 Mn |
| Sep 30, 2024 | 234.00 Mn |
| Sep 30, 2024 | 234.00 Mn |
| Jun 30, 2024 | 236.00 Mn |
| Jun 30, 2024 | 236.00 Mn |
| Mar 31, 2024 | 244.00 Mn |
| Mar 31, 2024 | 244.00 Mn |