Eastern Bankshares (EBC) Rent Expense (2019 - 2026)
Eastern Bankshares' (EBC) quarterly Rent Expense came in at $13.2 million in Q2 2026, up 17.95% year-over-year from $11.2 million in Q2 2025, and down 6.13% quarter-over-quarter from $14.1 million in Q1 2026.
Analysis
Eastern Bankshares (EBC) Rent Expense (2019 - 2026) Analysis & Trends
Eastern Bankshares (EBC) has reported Rent Expense for 8 consecutive years, with $13.2 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Rent Expense rose 17.95% year-over-year to $13.2 million in Q2 2026; TTM through Jun 2026 was $51.1 million, a 14.74% increase from a year earlier, with the FY2025 full-year figure at $45.6 million, up 8.64% from the prior year.
- Rent Expense was $13.2 million for Q2 2026 at Eastern Bankshares, down from $14.1 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 $10.5 million and a median of $10.4 million in 2024 frame the typical range for Rent Expense.
- The widest YoY moves for Rent Expense: up 41.34% in 2022, down 33.48% in 2022.
- Over 5 years, Rent Expense stood at $8.6 million in 2022, then rose by 6.39% to $9.2 million in 2023, then advanced by 17.65% to $10.8 million in 2024, then grew by 10.73% to $12.0 million in 2025, then grew by 10.6% to $13.2 million in 2026.
- The last three Rent Expense figures came in at $13.2 million (Q2 2026), $14.1 million (Q1 2026), and $12.0 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 | 950.85 Bn | 950.85 Bn | - | - |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | 171.00 Mn |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | 154.00 Mn |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | 129.00 Mn |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | 90.00 Mn |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | 108.00 Mn |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | 73.00 Mn |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | 59.00 Mn |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | 68.00 Mn |
| 10 | Eastern Bankshares | 5.00 Bn | 4.66 Bn | - | 13.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.25 Mn |
| Mar 31, 2026 | 14.11 Mn |
| Dec 31, 2025 | 11.98 Mn |
| Sep 30, 2025 | 11.73 Mn |
| Jun 30, 2025 | 11.23 Mn |
| Mar 31, 2025 | 10.62 Mn |
| Dec 31, 2024 | 10.82 Mn |
| Sep 30, 2024 | 11.84 Mn |
| Jun 30, 2024 | 10.10 Mn |
| Mar 31, 2024 | 9.18 Mn |
| Dec 31, 2023 | 9.19 Mn |
| Sep 30, 2023 | 8.64 Mn |
| Jun 30, 2023 | 9.07 Mn |
| Mar 31, 2023 | 9.09 Mn |
| Dec 31, 2022 | 8.64 Mn |
| Sep 30, 2022 | 8.88 Mn |
| Jun 30, 2022 | 9.89 Mn |
| Mar 31, 2022 | 11.61 Mn |
| Dec 31, 2021 | 12.99 Mn |
| Sep 30, 2021 | 7.96 Mn |