Eastern Bankshares (EBC) Rent Expense (2019 - 2026)
Eastern Bankshares' (EBC) quarterly Rent Expense came in at $14.1 million in Q1 2026, up 32.91% year-on-year from $10.6 million in Q1 2025, and up 17.82% on a QoQ basis 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.
- On a quarterly basis, Rent Expense rose 32.91% year-over-year to $14.1 million in Q1 2026; TTM through Mar 2026 was $49.0 million, a 13.09% increase from a year earlier, with the FY2025 full-year figure at $45.6 million, up 8.64% from the prior year.
- Rent Expense for Q1 2026 stood at $14.1 million, up from $12.0 million in the prior quarter.
- Over the last five years, Rent Expense for EBC reached as high as $14.1 million in Q1 2026 and fell as low as $8.6 million in Q4 2022.
- Historically, Rent Expense has averaged $10.4 million across 5 years, with a median of $10.1 million in 2024.
- On a YoY basis, Rent Expense climbed as much as 41.34% in 2022 and fell as far as 33.48% in 2022.
- Year by year, Rent Expense stood at $8.6 million in 2022, then grew by 6.39% to $9.2 million in 2023, then rose by 17.65% to $10.8 million in 2024, then advanced by 10.73% to $12.0 million in 2025, then rose by 17.82% to $14.1 million in 2026.
- Per Business Quant data, the three most recent Rent Expense figures were $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 | 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 | Eastern Bankshares | 5.30 Bn | 4.75 Bn | - | 14.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |