NorthEast Community Bancorp (NECB) Rent Expense (2020 - 2026)
NorthEast Community Bancorp's (NECB) quarterly Rent Expense came in at $874000.0 in Q1 2026, up 17.0% year-on-year from $747000.0 in Q1 2025, and up 14.25% on a QoQ basis from $765000.0 in Q4 2025.
NorthEast Community Bancorp (NECB) Rent Expense (2020 - 2026) Analysis & Trends
NorthEast Community Bancorp (NECB) has 7 years of Rent Expense data on file, last reported at $874000.0 in Q1 2026.
- On a quarterly basis, Rent Expense rose 17.0% year-over-year to $874000.0 in Q1 2026; TTM through Mar 2026 was $3.1 million, a 8.79% increase from a year earlier, with the FY2025 full-year figure at $3.0 million, up 5.8% from the prior year.
- Rent Expense for Q1 2026 stood at $874000.0, up from $765000.0 in the prior quarter.
- Over the last five years, Rent Expense for NECB reached as high as $874000.0 in Q1 2026 and fell as low as $562000.0 in Q2 2022.
- Historically, Rent Expense has averaged $689294.1 across 5 years, with a median of $705000.0 in 2023.
- Across the five-year window, Rent Expense rose 22.29% in 2022 and increased 0.41% in 2025, its largest moves.
- Year by year, Rent Expense stood at $665000.0 in 2022, then rose by 6.02% to $705000.0 in 2023, then gained by 0.99% to $712000.0 in 2024, then advanced by 7.44% to $765000.0 in 2025, then increased by 14.25% to $874000.0 in 2026.
- Per Business Quant data, the three most recent Rent Expense figures were $874000.0 in Q1 2026, $765000.0 in Q4 2025, and $738000.0 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 42,090.38 Bn | 42,090.38 Bn | -786,828.77 | - |
| 2 | Shinhan Financial | 33,919.15 Bn | 33,919.15 Bn | - | - |
| 3 | Bank Of Chile | 4,123.52 Bn | 4,123.52 Bn | 167,623.00 | - |
| 4 | Lloyds Banking | 360.83 Bn | 360.83 Bn | - | - |
| 5 | First Capital | 204.17 Bn | 203.82 Bn | - | 634,000.00 |
| 6 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 1.45 Mn |
| 7 | NatWest | 144.82 Bn | -51.17 Bn | - | -420.63 Mn |
| 8 | Pnc Financial Services | 101.80 Bn | 101.80 Bn | - | 262.00 Mn |
| 9 | Us Bancorp | 99.51 Bn | 99.51 Bn | - | 304.00 Mn |
| 10 | NorthEast Community Bancorp | 370.29 Mn | 266.63 Mn | - | 874,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 874,000.00 |
| Mar 31, 2026 | 874,000.00 |
| Dec 31, 2025 | 765,000.00 |
| Dec 31, 2025 | 765,000.00 |
| Sep 30, 2025 | 738,000.00 |
| Sep 30, 2025 | 738,000.00 |
| Jun 30, 2025 | 743,000.00 |
| Jun 30, 2025 | 743,000.00 |
| Mar 31, 2025 | 747,000.00 |
| Mar 31, 2025 | 747,000.00 |
| Dec 31, 2024 | 712,000.00 |
| Dec 31, 2024 | 712,000.00 |
| Sep 30, 2024 | 735,000.00 |
| Sep 30, 2024 | 735,000.00 |
| Jun 30, 2024 | 674,000.00 |
| Jun 30, 2024 | 674,000.00 |
| Mar 31, 2024 | 707,000.00 |
| Mar 31, 2024 | 707,000.00 |
| Dec 31, 2023 | 705,000.00 |
| Dec 31, 2023 | 705,000.00 |