Truist Financial (TFC) Rent Expense (2009 - 2026)
Truist Financial (TFC) reported Rent Expense of $179.0 million for Q1 2026, up 6.55% on a YoY basis from $168.0 million in Q1 2025, and down 3.76% quarter-over-quarter from $186.0 million in Q4 2025.
Truist Financial (TFC) Rent Expense (2009 - 2026) Analysis & Trends
Truist Financial has reported Rent Expense for 18 years, with the latest figure at $179.0 million in Q1 2026.
- For the quarter ending Q1 2026, Rent Expense rose 6.55% year-over-year to $179.0 million; the trailing twelve-month figure through Mar 2026 stood at $726.0 million (up 3.27% YoY), and the FY2025 full-year result was $710.0 million, up 2.16% from the prior year.
- Rent Expense for Q1 2026 stood at $179.0 million, down from $186.0 million in the prior quarter.
- The five-year high for Rent Expense was $233.0 million in Q4 2023, with the low at $125.0 million in Q4 2022.
- Historically, Rent Expense has averaged $177.1 million across 5 years, with a median of $176.0 million in 2022.
- Annual changes were most pronounced in 2022 — Rent Expense sank 32.8% — and 2023, when it jumped 86.4%.
- Truist Financial's Rent Expense 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 slipped by 3.76% to $179.0 million in 2026.
- The last three Rent Expense figures came in at $179.0 million (Q1 2026), $186.0 million (Q4 2025), and $182.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 634,000.00 |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 1.45 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Truist Financial | 64.50 Bn | 64.50 Bn | - | 179.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |