Truist Financial (TFC) Rent Expense (2009 - 2026)
Truist Financial's (TFC) quarterly Rent Expense came in at $171.0 million in Q2 2026, down 5.52% on a YoY basis from $181.0 million in Q2 2025, and down 4.47% quarter-over-quarter from $179.0 million in Q1 2026.
Analysis
Truist Financial (TFC) Rent Expense (2009 - 2026) Analysis & Trends
Truist Financial (TFC) has reported Rent Expense for 18 consecutive years, with $171.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Rent Expense fell 5.52% year-over-year to $171.0 million; the trailing twelve-month figure through Jun 2026 stood at $718.0 million (down 0.83% YoY), and the FY2025 full-year result was $710.0 million, up 2.16% from the prior year.
- Rent Expense fell to $171.0 million in Q2 2026 per TFC's latest filing, from $179.0 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.
- Historically, Rent Expense has averaged $176.9 million across 5 years, with a median of $173.5 million in 2022.
- The sharpest annual moves came in 2022 and 2023: Rent Expense slumped 32.8% in 2022, then surged 86.4% in 2023.
- Over 5 years, 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 dropped by 8.06% to $171.0 million in 2026.
- According to Business Quant data, Rent Expense over the past three periods registered $171.0 million, $179.0 million, and $186.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 949.63 Bn | 949.63 Bn | - | - |
| 2 | Truist Financial | 61.40 Bn | 61.40 Bn | - | 171.00 Mn |
| 3 | Fifth Third Bancorp | 49.39 Bn | 25.67 Bn | - | 154.00 Mn |
| 4 | M&T Bank | 34.62 Bn | 34.62 Bn | - | 129.00 Mn |
| 5 | Huntington Bancshares | 33.52 Bn | 29.00 Bn | - | 90.00 Mn |
| 6 | Citizens Financial | 29.24 Bn | 29.24 Bn | - | 108.00 Mn |
| 7 | Regions Financial | 25.38 Bn | 25.38 Bn | - | 73.00 Mn |
| 8 | First Citizens Bancshares | 24.65 Bn | 24.13 Bn | 29.00 Mn | 59.00 Mn |
| 9 | Keycorp | 23.22 Bn | -24.47 Bn | - | 68.00 Mn |
| 10 | East West Bancorp | 17.65 Bn | 12.56 Bn | - | 19.55 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 171.00 Mn |
| Mar 31, 2026 | 179.00 Mn |
| Dec 31, 2025 | 186.00 Mn |
| Sep 30, 2025 | 182.00 Mn |
| Jun 30, 2025 | 181.00 Mn |
| Mar 31, 2025 | 168.00 Mn |
| Dec 31, 2024 | 218.00 Mn |
| Sep 30, 2024 | 157.00 Mn |
| Jun 30, 2024 | 160.00 Mn |
| Mar 31, 2024 | 160.00 Mn |
| Dec 31, 2023 | 233.00 Mn |
| Sep 30, 2023 | 164.00 Mn |
| Jun 30, 2023 | 166.00 Mn |
| Mar 31, 2023 | 169.00 Mn |
| Dec 31, 2022 | 125.00 Mn |
| Sep 30, 2022 | 176.00 Mn |
| Jun 30, 2022 | 181.00 Mn |
| Mar 31, 2022 | 208.00 Mn |
| Dec 31, 2021 | 186.00 Mn |
| Sep 30, 2021 | 187.00 Mn |