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
DateValue
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