Truist Financial (TFC) Rent Expense (2009 - 2026)
Truist Financial's Rent Expense came in at $171 million for Q2 2026, down 5.5% from $181 million a year earlier and down 4.5% from the prior quarter.
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Analysis
Truist Financial (TFC) Rent Expense (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Truist Financial reported Rent Expense of $718 million, down 0.8% year-over-year; for FY2025, it came in at $710 million, up 2.2% from FY2024.
- Rent Expense carries a five-year compound annual growth rate of -4.7% (FY2020 to FY2025).
- Going back by year, Rent Expense was $695 million in FY2024 (-5.1%), $732 million in FY2023 (+6.1%), $690 million in FY2022 (-9.7%) and $764 million in FY2021 (-15.5%).
- The Q2 2026 figure represents the lowest quarterly Rent Expense since Q1 2025.
- Year-over-year, Rent Expense increased in four of the last eight quarters, with growth averaging 1.2%.
- The fastest year-over-year change in Rent Expense over five years came in Q4 2023 (growth of 86.4%), and the weakest in Q4 2022 (a decline of 32.8%).
- Business Quant data shows TFC's Rent Expense at $179 million (Q1 2026), $186 million (Q4 2025) and $182 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 1.48 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 1.91 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 482.00 Mn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 316.29 Mn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 244.00 Mn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 803.00 Mn |
| 10 | Truist Financial | 56.55 Bn | 56.55 Bn | - | 171.00 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 |
API Access
Truist Financial Rent Expense API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=rent-expense&ticker=TFC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "rent-expense", "ticker": "TFC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=rent-expense&ticker=TFC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();