Wells Fargo & Company (WFC) Rent Expense (2009 - 2026)
Wells Fargo & Company's (WFC) quarterly Rent Expense came in at $803.0 million in Q2 2026, up 4.83% year-over-year from $766.0 million in Q2 2025, and up 3.21% quarter-over-quarter from $778.0 million in Q1 2026.
Analysis
Wells Fargo & Company (WFC) Rent Expense (2009 - 2026) Analysis & Trends
Wells Fargo & Company has disclosed Rent Expense across 18 years of filings, most recently posting $803.0 million for Q2 2026.
- In Q2 2026, Rent Expense rose 4.83% year-over-year to $803.0 million; the TTM figure through Jun 2026 stood at $3.2 billion (up 3.32% YoY), while the FY2025 annual figure was $3.2 billion, up 3.24% from the prior year.
- Rent Expense came in at $803.0 million for Q2 2026 at Wells Fargo & Company, up from $778.0 million in the prior quarter.
- In the past five years, Rent Expense ranged from a high of $840.0 million in Q4 2025 to a low of $705.0 million in Q2 2022.
- Average Rent Expense over 5 years is $752.7 million, with a median of $750.5 million recorded in 2023.
- Year-over-year, Rent Expense retreated 6.23% in 2022 and advanced 8.56% in 2024.
- Over 5 years, Rent Expense stood at $722.0 million in 2022, then advanced by 2.49% to $740.0 million in 2023, then advanced by 6.62% to $789.0 million in 2024, then grew by 6.46% to $840.0 million in 2025, then retreated by 4.4% to $803.0 million in 2026.
- Per Business Quant data, the three most recent Rent Expense figures were $803.0 million in Q2 2026, $778.0 million in Q1 2026, and $840.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 2,119.43 Bn | 1,530.93 Bn | 30.39 Bn | 1.91 Bn |
| 2 | Morgan Stanley | 332.19 Bn | 172.06 Bn | - | 482.00 Mn |
| 3 | Goldman Sachs | 305.81 Bn | -670.54 Bn | - | 244.00 Mn |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | - |
| 5 | Royal Bank Of Canada | 290.11 Bn | 63.23 Bn | - | 316.29 Mn |
| 6 | Wells Fargo & Company | 270.79 Bn | 66.83 Bn | - | 803.00 Mn |
| 7 | American Express | 217.57 Bn | 168.25 Bn | 17.99 Bn | - |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn | - |
| 9 | Toronto Dominion Bank | 205.62 Bn | 44.29 Bn | - | 360.03 Mn |
| 10 | Schwab Charles | 185.33 Bn | 111.74 Bn | - | 301.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 803.00 Mn |
| Mar 31, 2026 | 778.00 Mn |
| Dec 31, 2025 | 840.00 Mn |
| Sep 30, 2025 | 784.00 Mn |
| Jun 30, 2025 | 766.00 Mn |
| Mar 31, 2025 | 761.00 Mn |
| Dec 31, 2024 | 789.00 Mn |
| Sep 30, 2024 | 786.00 Mn |
| Jun 30, 2024 | 763.00 Mn |
| Mar 31, 2024 | 714.00 Mn |
| Dec 31, 2023 | 740.00 Mn |
| Sep 30, 2023 | 724.00 Mn |
| Jun 30, 2023 | 707.00 Mn |
| Mar 31, 2023 | 713.00 Mn |
| Dec 31, 2022 | 722.00 Mn |
| Sep 30, 2022 | 732.00 Mn |
| Jun 30, 2022 | 705.00 Mn |
| Mar 31, 2022 | 722.00 Mn |
| Dec 31, 2021 | 725.00 Mn |
| Sep 30, 2021 | 738.00 Mn |