Truist Financial TFC
NYSE TFC
$50.17 +0.02 (+0.04%)
As of: Sep 10, 2026 · 11:53 AM EDT

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

Historic Data

Download Data
DateValue
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