NorthEast Community Bancorp (NECB) Rent Expense (2020 - 2026)
NorthEast Community Bancorp's Rent Expense came in at $787,000 for Q2 2026, up 5.9% from $743,000 a year earlier but down 10.0% from the prior quarter.
NorthEast Community Bancorp (NECB) Rent Expense (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, NorthEast Community Bancorp reported Rent Expense of $3.16 million, up 7.7% year-over-year; for FY2025, it was $2.99 million, up 5.8% from FY2024.
- Rent Expense has increased in each of the last five years, with a five-year compound annual growth rate of 9.1% (FY2020 to FY2025).
- Going back by year, Rent Expense was $2.83 million in FY2024 (+9.0%), $2.6 million in FY2023 (+6.9%), $2.43 million in FY2022 (+14.8%) and $2.12 million in FY2021 (+9.5%).
- The five-year range for quarterly Rent Expense is $489,000 (Q3 2021) to $874,000 (Q1 2026).
- Year-over-year, Rent Expense has increased for 20 consecutive quarters, with growth averaging 8.4% over the last eight quarters.
- The year-over-year growth in Rent Expense has ranged between 0.4% (Q3 2025) and 22.3% (Q3 2022) over the last five years.
- Business Quant data shows NECB's Rent Expense at $874,000 (Q1 2026), $765,000 (Q4 2025) and $738,000 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 1.48 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 1.91 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 482.00 Mn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 316.29 Mn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 244.00 Mn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 803.00 Mn |
| 10 | NorthEast Community Bancorp | 358.48 Mn | -43.51 Mn | - | 787,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 787,000.00 |
| Mar 31, 2026 | 874,000.00 |
| Dec 31, 2025 | 765,000.00 |
| Sep 30, 2025 | 738,000.00 |
| Jun 30, 2025 | 743,000.00 |
| Mar 31, 2025 | 747,000.00 |
| Dec 31, 2024 | 712,000.00 |
| Sep 30, 2024 | 735,000.00 |
| Jun 30, 2024 | 674,000.00 |
| Mar 31, 2024 | 707,000.00 |
| Dec 31, 2023 | 705,000.00 |
| Sep 30, 2023 | 616,000.00 |
| Jun 30, 2023 | 605,000.00 |
| Mar 31, 2023 | 669,000.00 |
| Dec 31, 2022 | 665,000.00 |
| Sep 30, 2022 | 598,000.00 |
| Jun 30, 2022 | 562,000.00 |
| Mar 31, 2022 | 603,000.00 |
| Dec 31, 2021 | 581,000.00 |
| Sep 30, 2021 | 489,000.00 |
NorthEast Community Bancorp Rent Expense API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=rent-expense&ticker=NECB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "rent-expense", "ticker": "NECB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=rent-expense&ticker=NECB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();