Eastern Bankshares (EBC) Rent Expense (2019 - 2026)

Eastern Bankshares (EBC) reported Rent Expense of $14.1 million for Q1 2026, up 32.91% year-over-year from $10.6 million in Q1 2025, and up 17.82% quarter-over-quarter from $12.0 million in Q4 2025.

Eastern Bankshares (EBC) Rent Expense (2019 - 2026) Analysis & Trends

Eastern Bankshares (EBC) has 8 years of Rent Expense data on file, last reported at $14.1 million in Q1 2026.

  • Rent Expense for Q1 2026 came in at $14.1 million, up 32.91% year-over-year; the trailing twelve-month figure through Mar 2026 was $49.0 million (up 13.09% YoY), and the FY2025 annual result was $45.6 million, up 8.64% from the prior year.
  • Rent Expense climbed to $14.1 million in Q1 2026 per EBC's latest filing, from $12.0 million in the prior quarter.
  • Over five years, Rent Expense peaked at $14.1 million in Q1 2026 and troughed at $8.6 million in Q4 2022.
  • A 5-year average of $10.4 million and a median of $10.1 million in 2024 frame the typical range for Rent Expense.
  • On a YoY basis, Rent Expense climbed as much as 41.34% in 2022 and fell as far as 33.48% in 2022.
  • A 5-year view of Rent Expense shows it stood at $8.6 million in 2022, then gained by 6.39% to $9.2 million in 2023, then climbed by 17.65% to $10.8 million in 2024, then increased by 10.73% to $12.0 million in 2025, then climbed by 17.82% to $14.1 million in 2026.
  • Business Quant data shows EBC's Rent Expense at $14.1 million in Q1 2026, $12.0 million in Q4 2025, and $11.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -
4 First Capital 215.78 Bn 215.63 Bn - 634,000.00
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 1.45 Mn
7 NatWest 168.65 Bn -51.67 Bn - -
8 Shinhan Financial 136.54 Bn 104.11 Bn - -
9 Mizuho Financial 112.02 Bn 112.56 Bn - -
10 Eastern Bankshares 4.62 Bn 4.06 Bn - 14.11 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 14.11 Mn
Mar 31, 2026 14.11 Mn
Dec 31, 2025 11.98 Mn
Dec 31, 2025 11.98 Mn
Sep 30, 2025 11.73 Mn
Sep 30, 2025 11.73 Mn
Jun 30, 2025 11.23 Mn
Jun 30, 2025 11.23 Mn
Mar 31, 2025 10.62 Mn
Mar 31, 2025 10.62 Mn
Dec 31, 2024 10.82 Mn
Dec 31, 2024 10.82 Mn
Sep 30, 2024 11.84 Mn
Sep 30, 2024 11.84 Mn
Jun 30, 2024 10.10 Mn
Jun 30, 2024 10.10 Mn
Mar 31, 2024 9.18 Mn
Mar 31, 2024 9.18 Mn
Dec 31, 2023 9.19 Mn
Dec 31, 2023 9.19 Mn