Truist Financial (TFC) Rent Expense (2009 - 2026)

Truist Financial (TFC) posted Rent Expense of $179.0 million for Q1 2026, down 3.76% on a QoQ basis from $186.0 million in Q4 2025, and up 6.55% year-over-year from $168.0 million in Q1 2025.

Truist Financial (TFC) Rent Expense (2009 - 2026) Analysis & Trends

Truist Financial's Rent Expense history runs 18 years deep, the most recent figure standing at $179.0 million for Q1 2026.

  • Quarterly Rent Expense rose 6.55% year-over-year to $179.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $726.0 million (up 3.27% YoY) and the FY2025 annual result came in at $710.0 million, up 2.16% from the prior year.
  • Rent Expense was $179.0 million for Q1 2026 at Truist Financial, down from $186.0 million in the prior quarter.
  • Across five years, Rent Expense topped out at $233.0 million in Q4 2023 and bottomed at $125.0 million in Q4 2022.
  • A 5-year average of $177.1 million and a median of $176.0 million in 2022 frame the typical range for Rent Expense.
  • Annual changes were most pronounced in 2022 — Rent Expense plunged 32.8% — and 2023, when it jumped 86.4%.
  • Truist Financial's Rent Expense stood at $125.0 million in 2022, then soared by 86.4% to $233.0 million in 2023, then decreased by 6.44% to $218.0 million in 2024, then slipped by 14.68% to $186.0 million in 2025, then declined by 3.76% to $179.0 million in 2026.
  • Business Quant data shows TFC's Rent Expense at $179.0 million in Q1 2026, $186.0 million in Q4 2025, and $182.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 -
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - -
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 -
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn -
5 Mizuho Financial 385.64 Bn 389.59 Bn - -
6 Lloyds Banking 358.14 Bn 358.14 Bn - -
7 First Capital 200.03 Bn 199.69 Bn - 634,000.00
8 Landmark Bancorp 187.97 Bn 187.94 Bn - 1.45 Mn
9 Pnc Financial Services 100.96 Bn 101.01 Bn - 262.00 Mn
10 Truist Financial 63.79 Bn 63.79 Bn - 179.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 179.00 Mn
Mar 31, 2026 179.00 Mn
Dec 31, 2025 186.00 Mn
Dec 31, 2025 186.00 Mn
Sep 30, 2025 182.00 Mn
Sep 30, 2025 182.00 Mn
Jun 30, 2025 179.00 Mn
Jun 30, 2025 179.00 Mn
Mar 31, 2025 168.00 Mn
Mar 31, 2025 168.00 Mn
Dec 31, 2024 218.00 Mn
Dec 31, 2024 218.00 Mn
Sep 30, 2024 157.00 Mn
Sep 30, 2024 157.00 Mn
Jun 30, 2024 160.00 Mn
Jun 30, 2024 160.00 Mn
Mar 31, 2024 160.00 Mn
Mar 31, 2024 160.00 Mn
Dec 31, 2023 233.00 Mn
Dec 31, 2023 233.00 Mn