Truist Financial (TFC) Rent Expense (2009 - 2026)
Truist Financial (TFC) posted quarterly Rent Expense of $171.0 million for Q2 2026, down 5.52% year-over-year from $181.0 million in Q2 2025, and down 4.47% on a QoQ basis from $179.0 million in Q1 2026.
Truist Financial (TFC) Rent Expense (2009 - 2026) Analysis & Trends
Truist Financial has reported Rent Expense for 18 years, with the latest figure at $171.0 million in Q2 2026.
- Rent Expense for Q2 2026 came in at $171.0 million, down 5.52% year-over-year; the trailing twelve-month figure through Jun 2026 was $718.0 million (down 0.83% YoY), and the FY2025 annual result was $710.0 million, up 2.16% from the prior year.
- Rent Expense fell to $171.0 million in Q2 2026, from $179.0 million in the prior quarter.
- Over five years, Rent Expense peaked at $233.0 million in Q4 2023 and troughed at $125.0 million in Q4 2022.
- A 5-year average of $176.9 million and a median of $173.5 million in 2022 frame the typical range for Rent Expense.
- The widest annual swing landed in 2022, when Rent Expense plunged 32.8%; it then jumped 86.4% in 2023.
- A 5-year view of Rent Expense shows it stood at $125.0 million in 2022, then jumped by 86.4% to $233.0 million in 2023, then fell by 6.44% to $218.0 million in 2024, then retreated by 14.68% to $186.0 million in 2025, then decreased by 8.06% to $171.0 million in 2026.
- Per Business Quant data, the three most recent Rent Expense figures were $171.0 million in Q2 2026, $179.0 million in Q1 2026, and $186.0 million in Q4 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 | Itau Unibanco Holding | 40.31 Bn | 42.00 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 171.00 Mn |
| Jun 30, 2026 | 171.00 Mn |
| 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 |