Eastern Bankshares (EBC) Rent Expense (2019 - 2026)
Eastern Bankshares (EBC) posted quarterly 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 reported Rent Expense for 8 consecutive years, with $14.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Rent Expense rose 32.91% year-over-year to $14.1 million; the TTM figure through Mar 2026 stood at $49.0 million (up 13.09% YoY), while the FY2025 annual figure was $45.6 million, up 8.64% from the prior year.
- Rent Expense grew to $14.1 million in Q1 2026 per EBC's latest filing, from $12.0 million in the prior quarter.
- Across five years, Rent Expense topped out at $14.1 million in Q1 2026 and bottomed at $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.
- Eastern Bankshares' Rent Expense stood at $8.6 million in 2022, then advanced by 6.39% to $9.2 million in 2023, then grew by 17.65% to $10.8 million in 2024, then rose by 10.73% to $12.0 million in 2025, then grew 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 252.00 Mn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 303.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -423.97 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 171.00 Mn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 154.00 Mn |
| 10 | Eastern Bankshares | 4.96 Bn | 4.63 Bn | - | 13.25 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 13.25 Mn |
| Jun 30, 2026 | 13.25 Mn |
| 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 |