ConnectOne Bancorp (CNOB) Rent Expense (2010 - 2026)
ConnectOne Bancorp (CNOB) posted quarterly Rent Expense of $5.3 million for Q1 2026, up 99.44% year-over-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.
- In Q1 2026, Rent Expense rose 99.44% year-over-year to $5.3 million; the TTM figure through Mar 2026 stood at $19.2 million (up 70.21% YoY), while the FY2025 annual figure was $16.5 million, up 42.45% from the prior year.
- Rent Expense for Q1 2026 stood at $5.3 million, up from $5.3 million in the prior quarter.
- The five-year high for Rent Expense was $5.3 million in Q1 2026, with the low 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.
- The sharpest annual moves came in 2022 and 2026: Rent Expense plunged 43.33% in 2022, then jumped 99.44% in 2026.
- ConnectOne Bancorp's Rent Expense stood at $2.6 million in 2022, then increased by 4.03% to $2.7 million in 2023, then advanced by 4.06% to $2.8 million in 2024, then soared by 86.83% to $5.3 million in 2025, then advanced by 1.52% to $5.3 million in 2026.
- Business Quant data shows CNOB's Rent Expense at $5.3 million in Q1 2026, $5.3 million in Q4 2025, and $5.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.97 Bn | 84.77 Bn | - | - |
| 2 | Pnc Financial Services | 97.74 Bn | 97.74 Bn | - | 252.00 Mn |
| 3 | Us Bancorp | 95.92 Bn | 95.92 Bn | - | 303.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.90 Bn | -144.19 Bn | - | -423.97 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.18 Bn | -81.14 Bn | - | - |
| 7 | Nu Holdings | 71.38 Bn | 57.70 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.54 Bn | 61.54 Bn | - | 171.00 Mn |
| 9 | Fifth Third Bancorp | 49.65 Bn | 25.93 Bn | - | 154.00 Mn |
| 10 | ConnectOne Bancorp | 1.61 Bn | 385.46 Mn | - | 5.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.52 Mn |
| Jun 30, 2026 | 5.52 Mn |
| 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 |