Wells Fargo & Company (WFC) Rent Expense (2009 - 2026)
Wells Fargo & Company (WFC) recorded Rent Expense of $803 million in Q2 2026, up 4.8% from $766 million a year earlier and up 3.2% from the prior quarter.
Powered by 
Analysis
Wells Fargo & Company (WFC) Rent Expense (2009 - 2026) Analysis & Trends
On a TTM basis, Wells Fargo & Company's Rent Expense came in at $3.21 billion as of Jun 30, 2026, up 3.3% year-over-year; for FY2025, it came in at $3.15 billion, up 3.2% from FY2024.
- Annual Rent Expense has increased for three straight years, though with a five-year compound annual growth rate of -0.7% (FY2020 to FY2025).
- Across earlier years, Rent Expense came in at $3.05 billion in FY2024 (+5.8%), $2.88 billion in FY2023 (+0.1%), $2.88 billion in FY2022 (-2.9%) and $2.97 billion in FY2021 (-9.0%).
- Quarterly Rent Expense has ranged from $705 million in Q2 2022 to $840 million in Q4 2025 over the past five years.
- On a year-over-year basis, Rent Expense has increased for three consecutive quarters, with growth averaging 4.4% over the last eight quarters.
- Peak year-over-year performance for Rent Expense in the last five years was growth of 8.6% in Q3 2024, against a decline of 13.3% in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $778 million (Q1 2026), $840 million (Q4 2025) and $784 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 890.60 Bn | 920.07 Bn | - | 1.48 Bn |
| 2 | Banco Santander Chile | 421.74 Bn | 541.68 Bn | - | - |
| 3 | Bank Of America | 385.85 Bn | -1,990.22 Bn | - | 1.91 Bn |
| 4 | Hsbc Holdings | 345.94 Bn | 345.99 Bn | - | - |
| 5 | Morgan Stanley | 303.15 Bn | -205.95 Bn | - | 482.00 Mn |
| 6 | Royal Bank Of Canada | 279.82 Bn | 130.57 Bn | - | 316.29 Mn |
| 7 | Mitsubishi Ufj Financial | 274.62 Bn | -1,313.87 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 267.07 Bn | -3,290.04 Bn | - | 244.00 Mn |
| 9 | Wells Fargo & Company | 243.79 Bn | 245.93 Bn | - | 803.00 Mn |
| 10 | Banco Santander | 208.29 Bn | 215.91 Bn | - | - |
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 |
API Access
Wells Fargo & Company 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=WFC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "rent-expense", "ticker": "WFC", "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=WFC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();