Wells Fargo & Company (WFC) Rent Expense (2009 - 2026)
Wells Fargo & Company (WFC) posted Rent Expense of $778.0 million for Q1 2026, down 7.38% sequentially from $840.0 million in Q4 2025, and up 2.23% YoY from $761.0 million in Q1 2025.
Wells Fargo & Company (WFC) Rent Expense (2009 - 2026) Analysis & Trends
Wells Fargo & Company (WFC) has 18 years of Rent Expense data on file, last reported at $778.0 million in Q1 2026.
- Quarterly Rent Expense rose 2.23% year-over-year to $778.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.2 billion (up 2.23% YoY) and the FY2025 annual result came in at $3.2 billion, up 3.24% from the prior year.
- Rent Expense eased to $778.0 million in Q1 2026 per WFC's latest filing, from $840.0 million in the prior quarter.
- The five-year high for Rent Expense was $840.0 million in Q4 2025, with the low at $705.0 million in Q2 2022.
- Average Rent Expense over 5 years is $749.8 million, with a median of $740.0 million recorded in 2023.
- Year-over-year, Rent Expense dropped 6.23% in 2022 and increased 8.56% in 2024.
- Wells Fargo & Company's Rent Expense stood at $722.0 million in 2022, then increased by 2.49% to $740.0 million in 2023, then increased by 6.62% to $789.0 million in 2024, then gained by 6.46% to $840.0 million in 2025, then fell by 7.38% to $778.0 million in 2026.
- Business Quant data shows WFC's Rent Expense at $778.0 million in Q1 2026, $840.0 million in Q4 2025, and $784.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hsbc Holdings | 1,641.64 Bn | 1,642.09 Bn | - | - |
| 2 | Bank Of America | 423.61 Bn | -183.09 Bn | 29.24 Bn | 1.90 Bn |
| 3 | Wells Fargo & Company | 264.70 Bn | 189.62 Bn | - | 778.00 Mn |
| 4 | Citigroup | 256.70 Bn | -1,928.30 Bn | 19.85 Bn | 681.00 Mn |
| 5 | UBS Group AG | 156.73 Bn | 156.73 Bn | - | - |
| 6 | Bank of New York Mellon | 100.92 Bn | 44.00 Bn | - | 123.00 Mn |
| 7 | Jpmorgan Chase | 93.06 Bn | 120.14 Bn | - | 1.45 Bn |
| 8 | Sumitomo Mitsui Financial | 92.45 Bn | 93.39 Bn | - | - |
| 9 | Bank of N.T. Butterfield & Son | 2.40 Bn | -454.67 Mn | 152.73 Mn | 7.67 Mn |
| 10 | Ing Groep | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 778.00 Mn |
| Mar 31, 2026 | 778.00 Mn |
| Dec 31, 2025 | 840.00 Mn |
| Dec 31, 2025 | 840.00 Mn |
| Sep 30, 2025 | 784.00 Mn |
| Sep 30, 2025 | 784.00 Mn |
| Jun 30, 2025 | 766.00 Mn |
| Jun 30, 2025 | 766.00 Mn |
| Mar 31, 2025 | 761.00 Mn |
| Mar 31, 2025 | 761.00 Mn |
| Dec 31, 2024 | 789.00 Mn |
| Dec 31, 2024 | 789.00 Mn |
| Sep 30, 2024 | 786.00 Mn |
| Sep 30, 2024 | 786.00 Mn |
| Jun 30, 2024 | 763.00 Mn |
| Jun 30, 2024 | 763.00 Mn |
| Mar 31, 2024 | 714.00 Mn |
| Mar 31, 2024 | 714.00 Mn |
| Dec 31, 2023 | 740.00 Mn |
| Dec 31, 2023 | 740.00 Mn |