Park National (PRK) Rent Expense (2009 - 2026)
Park National (PRK) posted quarterly Rent Expense of $4.6 million for Q1 2026, up 29.92% year-over-year from $3.5 million in Q1 2025, and up 36.52% quarter-over-quarter from $3.3 million in Q4 2025.
Park National (PRK) Rent Expense (2009 - 2026) Analysis & Trends
Park National's Rent Expense history runs 18 years deep, the most recent figure standing at $4.6 million for Q1 2026.
- In Q1 2026, Rent Expense rose 29.92% year-over-year to $4.6 million; the TTM figure through Mar 2026 stood at $14.4 million (up 9.72% YoY), while the FY2025 annual figure was $13.4 million, up 4.39% from the prior year.
- Rent Expense for Q1 2026 stood at $4.6 million, up from $3.3 million in the prior quarter.
- The five-year high for Rent Expense was $4.6 million in Q1 2026, with the low at $2.9 million in Q4 2024.
- The 5-year median for Rent Expense is $3.3 million (2025), against an average of $3.4 million.
- The sharpest annual moves came in 2022 and 2023: Rent Expense jumped 31.51% in 2022, then retreated 19.56% in 2023.
- Park National's Rent Expense stood at $4.2 million in 2022, then declined by 19.56% to $3.3 million in 2023, then declined by 12.41% to $2.9 million in 2024, then increased by 14.34% to $3.3 million in 2025, then jumped by 36.52% to $4.6 million in 2026.
- Business Quant data shows PRK's Rent Expense at $4.6 million in Q1 2026, $3.3 million in Q4 2025, and $3.2 million in Q3 2025.
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 | Park National | 3.67 Bn | 1.82 Bn | -2.07 Mn | 4.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.03 Mn |
| Jun 30, 2026 | 4.03 Mn |
| Mar 31, 2026 | 4.57 Mn |
| Mar 31, 2026 | 4.57 Mn |
| Dec 31, 2025 | 3.35 Mn |
| Dec 31, 2025 | 3.35 Mn |
| Sep 30, 2025 | 3.24 Mn |
| Sep 30, 2025 | 3.24 Mn |
| Jun 30, 2025 | 3.27 Mn |
| Jun 30, 2025 | 3.27 Mn |
| Mar 31, 2025 | 3.52 Mn |
| Mar 31, 2025 | 3.52 Mn |
| Dec 31, 2024 | 2.93 Mn |
| Dec 31, 2024 | 2.93 Mn |
| Sep 30, 2024 | 3.73 Mn |
| Sep 30, 2024 | 3.73 Mn |
| Jun 30, 2024 | 2.98 Mn |
| Jun 30, 2024 | 2.98 Mn |
| Mar 31, 2024 | 3.18 Mn |
| Mar 31, 2024 | 3.18 Mn |