Burke & Herbert Financial Services (BHRB) Rent Expense (2022 - 2026)
Burke & Herbert Financial Services' (BHRB) quarterly Rent Expense came in at $6.7 million in Q2 2026, up 88.98% on a YoY basis from $3.5 million in Q2 2025, and up 65.23% quarter-over-quarter from $4.0 million in Q1 2026.
Analysis
Burke & Herbert Financial Services (BHRB) Rent Expense (2022 - 2026) Analysis & Trends
Burke & Herbert Financial Services (BHRB) has reported Rent Expense for 5 consecutive years, with $6.7 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Rent Expense rose 88.98% year-over-year to $6.7 million; the trailing twelve-month figure through Jun 2026 stood at $17.6 million (up 20.18% YoY), and the FY2025 full-year result was $14.4 million, up 24.74% from the prior year.
- Rent Expense rose to $6.7 million in Q2 2026 per BHRB's latest filing, from $4.0 million in the prior quarter.
- Across five years, Rent Expense topped out at $6.7 million in Q2 2026 and bottomed at $1.2 million in Q3 2022.
- Historically, Rent Expense has averaged $2.7 million across 5 years, with a median of $2.3 million in 2022.
- The widest YoY moves for Rent Expense: up 163.0% in 2025, down 6.45% in 2025.
- Over 5 years, Rent Expense stood at $1.3 million in 2022, then rose by 19.47% to $1.6 million in 2023, then surged by 131.06% to $3.6 million in 2024, then retreated by 6.45% to $3.4 million in 2025, then soared by 95.94% to $6.7 million in 2026.
- According to Business Quant data, Rent Expense over the past three periods registered $6.7 million, $4.0 million, and $3.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.96 Bn | 948.96 Bn | - | - |
| 2 | Truist Financial | 61.64 Bn | 61.64 Bn | - | 171.00 Mn |
| 3 | Fifth Third Bancorp | 49.62 Bn | 25.89 Bn | - | 154.00 Mn |
| 4 | M&T Bank | 34.88 Bn | 34.88 Bn | - | 129.00 Mn |
| 5 | Huntington Bancshares | 33.82 Bn | 29.29 Bn | - | 90.00 Mn |
| 6 | Citizens Financial | 29.46 Bn | 29.46 Bn | - | 108.00 Mn |
| 7 | Regions Financial | 25.57 Bn | 25.57 Bn | - | 73.00 Mn |
| 8 | First Citizens Bancshares | 25.00 Bn | 24.48 Bn | 29.00 Mn | 59.00 Mn |
| 9 | Keycorp | 23.27 Bn | -24.42 Bn | - | 68.00 Mn |
| 10 | Burke & Herbert Financial Services | 1.32 Bn | 1.15 Bn | - | 6.65 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.65 Mn |
| Mar 31, 2026 | 4.03 Mn |
| Dec 31, 2025 | 3.40 Mn |
| Sep 30, 2025 | 3.48 Mn |
| Jun 30, 2025 | 3.52 Mn |
| Mar 31, 2025 | 4.05 Mn |
| Dec 31, 2024 | 3.63 Mn |
| Sep 30, 2024 | 3.41 Mn |
| Jun 30, 2024 | 3.00 Mn |
| Mar 31, 2024 | 1.54 Mn |
| Dec 31, 2023 | 1.57 Mn |
| Sep 30, 2023 | 1.46 Mn |
| Jun 30, 2023 | 1.55 Mn |
| Mar 31, 2023 | 1.46 Mn |
| Dec 31, 2022 | 1.32 Mn |
| Sep 30, 2022 | 1.15 Mn |
| Jun 30, 2022 | 1.61 Mn |
| Mar 31, 2022 | 1.55 Mn |