ConnectOne Bancorp (CNOB) Rent Expense (2010 - 2026)

ConnectOne Bancorp's (CNOB) quarterly Rent Expense came in at $5.3 million in Q1 2026, up 99.44% year-on-year from $2.7 million in Q1 2025, and up 1.52% quarter-over-quarter from $5.3 million in Q4 2025.

ConnectOne Bancorp (CNOB) Rent Expense (2010 - 2026) Analysis & Trends

ConnectOne Bancorp's Rent Expense history runs 15 years deep, the most recent figure standing at $5.3 million for Q1 2026.

  • On a quarterly basis, Rent Expense rose 99.44% year-over-year to $5.3 million in Q1 2026; TTM through Mar 2026 was $19.2 million, a 70.21% increase from a year earlier, with the FY2025 full-year figure at $16.5 million, up 42.45% from the prior year.
  • Rent Expense climbed to $5.3 million in Q1 2026 per CNOB's latest filing, from $5.3 million in the prior quarter.
  • Across five years, Rent Expense topped out at $5.3 million in Q1 2026 and bottomed at $1.9 million in Q1 2022.
  • The 5-year median for Rent Expense is $2.8 million (2023), against an average of $3.2 million.
  • Across the five-year window, Rent Expense sank 43.33% in 2022 and jumped 99.44% in 2026, its largest moves.
  • Year by year, Rent Expense stood at $2.6 million in 2022, then rose by 4.03% to $2.7 million in 2023, then climbed by 4.06% to $2.8 million in 2024, then jumped by 86.83% to $5.3 million in 2025, then climbed by 1.52% to $5.3 million in 2026.
  • Per Business Quant, the three latest CNOB Rent Expense figures stand at $5.3 million (Q1 2026), $5.3 million (Q4 2025), and $5.1 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 -
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - -
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 -
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn -
5 Mizuho Financial 385.64 Bn 389.59 Bn - -
6 Lloyds Banking 358.14 Bn 358.14 Bn - -
7 First Capital 200.03 Bn 199.69 Bn - 634,000.00
8 Landmark Bancorp 187.97 Bn 187.94 Bn - 1.45 Mn
9 Pnc Financial Services 100.96 Bn 101.01 Bn - 262.00 Mn
10 ConnectOne Bancorp 1.70 Bn 1.69 Bn - 5.35 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 5.35 Mn
Mar 31, 2026 5.35 Mn
Dec 31, 2025 5.27 Mn
Dec 31, 2025 5.27 Mn
Sep 30, 2025 5.12 Mn
Sep 30, 2025 5.12 Mn
Jun 30, 2025 3.48 Mn
Jun 30, 2025 3.48 Mn
Mar 31, 2025 2.68 Mn
Mar 31, 2025 2.68 Mn
Dec 31, 2024 2.82 Mn
Dec 31, 2024 2.82 Mn
Sep 30, 2024 2.89 Mn
Sep 30, 2024 2.89 Mn
Jun 30, 2024 2.90 Mn
Jun 30, 2024 2.90 Mn
Mar 31, 2024 3.01 Mn
Mar 31, 2024 3.01 Mn
Dec 31, 2023 2.71 Mn
Dec 31, 2023 2.71 Mn