Customers Bancorp (CUBB) Rent Expense (2011 - 2026)
Customers Bancorp's (CUBB) quarterly Rent Expense came in at $3.5 million in Q2 2026, down 1.58% year-over-year from $3.6 million in Q2 2025, and down 11.65% quarter-over-quarter from $4.0 million in Q1 2026.
Analysis
Customers Bancorp (CUBB) Rent Expense (2011 - 2026) Analysis & Trends
Customers Bancorp (CUBB) has reported Rent Expense for 16 consecutive years, with $3.5 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Rent Expense fell 1.58% year-over-year to $3.5 million in Q2 2026; TTM through Jun 2026 was $16.1 million, a 21.28% increase from a year earlier, with the FY2025 full-year figure at $15.6 million, up 32.53% from the prior year.
- Rent Expense was $3.5 million for Q2 2026 at Customers Bancorp, down from $4.0 million in the prior quarter.
- Over five years, Rent Expense peaked at $4.4 million in Q3 2025 and troughed at $2.3 million in Q4 2023.
- A 5-year average of $3.3 million and a median of $3.2 million in 2024 frame the typical range for Rent Expense.
- Across the five-year window, Rent Expense surged 72.4% in 2022 and slumped 41.13% in 2023, its largest moves.
- Over 5 years, Rent Expense stood at $3.7 million in 2022, then plunged by 36.82% to $2.3 million in 2023, then surged by 43.75% to $3.3 million in 2024, then advanced by 28.67% to $4.3 million in 2025, then fell by 18.55% to $3.5 million in 2026.
- The last three Rent Expense figures came in at $3.5 million (Q2 2026), $4.0 million (Q1 2026), and $4.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 959.46 Bn | 959.46 Bn | - | - |
| 2 | Truist Financial | 62.09 Bn | 62.09 Bn | - | 171.00 Mn |
| 3 | Fifth Third Bancorp | 49.68 Bn | 25.96 Bn | - | 154.00 Mn |
| 4 | M&T Bank | 34.84 Bn | 34.84 Bn | - | 129.00 Mn |
| 5 | Huntington Bancshares | 33.89 Bn | 29.36 Bn | - | 90.00 Mn |
| 6 | Citizens Financial | 29.64 Bn | 29.64 Bn | - | 108.00 Mn |
| 7 | Regions Financial | 25.74 Bn | 25.74 Bn | - | 73.00 Mn |
| 8 | First Citizens Bancshares | 24.85 Bn | 24.33 Bn | 29.00 Mn | 59.00 Mn |
| 9 | Keycorp | 23.34 Bn | -24.36 Bn | - | 68.00 Mn |
| 10 | Customers Bancorp | 742.69 Mn | -3.44 Bn | - | 3.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.50 Mn |
| Mar 31, 2026 | 3.96 Mn |
| Dec 31, 2025 | 4.29 Mn |
| Sep 30, 2025 | 4.37 Mn |
| Jun 30, 2025 | 3.55 Mn |
| Mar 31, 2025 | 3.41 Mn |
| Dec 31, 2024 | 3.34 Mn |
| Sep 30, 2024 | 2.99 Mn |
| Jun 30, 2024 | 3.12 Mn |
| Mar 31, 2024 | 2.35 Mn |
| Dec 31, 2023 | 2.32 Mn |
| Sep 30, 2023 | 2.47 Mn |
| Jun 30, 2023 | 2.52 Mn |
| Mar 31, 2023 | 2.76 Mn |
| Dec 31, 2022 | 3.67 Mn |
| Sep 30, 2022 | 2.61 Mn |
| Jun 30, 2022 | 4.28 Mn |
| Mar 31, 2022 | 3.05 Mn |
| Dec 31, 2021 | 4.34 Mn |
| Sep 30, 2021 | 2.70 Mn |