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Eastern Bankshares (EBC) Rent Expense: 2018-2024

Historic Rent Expense for Eastern Bankshares (EBC) over the last 7 years, with Dec 2024 value amounting to $46.5 million.

  • Eastern Bankshares' Rent Expense fell 0.94% to $11.7 million in Q3 2025 from the same period last year, while for Sep 2025 it was $49.6 million, marking a year-over-year increase of 22.99%. This contributed to the annual value of $46.5 million for FY2024, which is 29.24% up from last year.
  • Latest data reveals that Eastern Bankshares reported Rent Expense of $46.5 million as of FY2024, which was up 29.24% from $36.0 million recorded in FY2023.
  • In the past 5 years, Eastern Bankshares' Rent Expense registered a high of $46.5 million during FY2024, and its lowest value of $33.8 million during FY2020.
  • Its 3-year average for Rent Expense is $40.0 million, with a median of $37.4 million in 2022.
  • Its Rent Expense has fluctuated over the past 5 years, first decreased by 7.30% in 2020, then rose by 29.24% in 2024.
  • Over the past 5 years, Eastern Bankshares' Rent Expense (Yearly) stood at $33.8 million in 2020, then increased by 10.25% to $37.3 million in 2021, then grew by 0.49% to $37.4 million in 2022, then dropped by 3.88% to $36.0 million in 2023, then climbed by 29.24% to $46.5 million in 2024.