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
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