Wells Fargo & Company (WFC) Rent Expense (2009 - 2026)
Wells Fargo & Company (WFC) posted Rent Expense of $803.0 million for Q2 2026, up 3.21% sequentially from $778.0 million in Q1 2026, and up 4.83% YoY from $766.0 million in Q2 2025.
Wells Fargo & Company (WFC) Rent Expense (2009 - 2026) Analysis & Trends
Wells Fargo & Company has reported Rent Expense for 18 years, with the latest figure at $803.0 million in Q2 2026.
- Quarterly Rent Expense rose 4.83% year-over-year to $803.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $3.2 billion (up 3.32% YoY) and the FY2025 annual result came in at $3.2 billion, up 3.24% from the prior year.
- Rent Expense improved to $803.0 million in Q2 2026 per WFC's latest filing, from $778.0 million in the prior quarter.
- Over five years, Rent Expense peaked at $840.0 million in Q4 2025 and troughed at $705.0 million in Q2 2022.
- A 5-year average of $752.7 million and a median of $750.5 million in 2023 frame the typical range for Rent Expense.
- The sharpest annual moves came in 2022 and 2024: Rent Expense decreased 6.23% in 2022, then climbed 8.56% in 2024.
- Over 5 years, Rent Expense stood at $722.0 million in 2022, then grew by 2.49% to $740.0 million in 2023, then grew by 6.62% to $789.0 million in 2024, then rose by 6.46% to $840.0 million in 2025, then slipped by 4.4% to $803.0 million in 2026.
- According to Business Quant data, Rent Expense over the past three periods registered $803.0 million, $778.0 million, and $840.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 442.66 Bn | -145.83 Bn | 30.39 Bn | 1.91 Bn |
| 2 | Hsbc Holdings | 350.79 Bn | 350.79 Bn | - | - |
| 3 | Royal Bank Of Canada | 287.27 Bn | 88.34 Bn | - | 302.64 Mn |
| 4 | Wells Fargo & Company | 254.74 Bn | 50.77 Bn | - | 803.00 Mn |
| 5 | Mitsubishi Ufj Financial | 246.23 Bn | -147.39 Bn | 10.89 Bn | - |
| 6 | Citigroup | 221.13 Bn | -2,081.18 Bn | 24.75 Bn | 618.00 Mn |
| 7 | Banco Santander | 209.76 Bn | 30.11 Bn | - | - |
| 8 | Toronto Dominion Bank | 194.25 Bn | 19.76 Bn | - | 385.91 Mn |
| 9 | UBS Group AG | 167.62 Bn | -48.10 Bn | - | - |
| 10 | Bank of New York Mellon | 108.21 Bn | 46.98 Bn | - | 143.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 803.00 Mn |
| Jun 30, 2026 | 803.00 Mn |
| 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 |