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| 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 |