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| 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 |