Park National (PRK) Rent Expense (2009 - 2026)
Park National (PRK) posted Rent Expense of $4.0 million for Q2 2026, down 11.92% on a QoQ basis from $4.6 million in Q1 2026, and up 23.19% year-over-year from $3.3 million in Q2 2025.
Analysis
Park National (PRK) Rent Expense (2009 - 2026) Analysis & Trends
Park National has reported Rent Expense for 18 years, with the latest figure at $4.0 million in Q2 2026.
- On a quarterly basis, Rent Expense rose 23.19% year-over-year to $4.0 million in Q2 2026; TTM through Jun 2026 was $15.2 million, a 12.95% increase from a year earlier, with the FY2025 full-year figure at $13.4 million, up 4.39% from the prior year.
- Rent Expense was $4.0 million for Q2 2026 at Park National, down from $4.6 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.
- Average Rent Expense over 5 years is $3.4 million, with a median of $3.3 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Rent Expense soared 31.51% in 2022, then slipped 19.56% in 2023.
- Over 5 years, Rent Expense stood at $4.2 million in 2022, then retreated by 19.56% to $3.3 million in 2023, then retreated by 12.41% to $2.9 million in 2024, then gained by 14.34% to $3.3 million in 2025, then advanced by 20.24% to $4.0 million in 2026.
- The last three Rent Expense figures came in at $4.0 million (Q2 2026), $4.6 million (Q1 2026), and $3.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | - |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 171.00 Mn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 154.00 Mn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 129.00 Mn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 90.00 Mn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 108.00 Mn |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 73.00 Mn |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 68.00 Mn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 59.00 Mn |
| 10 | Park National | 3.30 Bn | 1.46 Bn | -2.07 Mn | 4.03 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.03 Mn |
| Mar 31, 2026 | 4.57 Mn |
| Dec 31, 2025 | 3.35 Mn |
| Sep 30, 2025 | 3.24 Mn |
| Jun 30, 2025 | 3.27 Mn |
| Mar 31, 2025 | 3.52 Mn |
| Dec 31, 2024 | 2.93 Mn |
| Sep 30, 2024 | 3.73 Mn |
| Jun 30, 2024 | 2.98 Mn |
| Mar 31, 2024 | 3.18 Mn |
| Dec 31, 2023 | 3.34 Mn |
| Sep 30, 2023 | 3.20 Mn |
| Jun 30, 2023 | 3.21 Mn |
| Mar 31, 2023 | 3.35 Mn |
| Dec 31, 2022 | 4.16 Mn |
| Sep 30, 2022 | 3.46 Mn |
| Jun 30, 2022 | 3.04 Mn |
| Mar 31, 2022 | 3.21 Mn |
| Dec 31, 2021 | 3.16 Mn |
| Sep 30, 2021 | 3.21 Mn |