NorthEast Community Bancorp (NECB) Rent Expense (2020 - 2026)
NorthEast Community Bancorp's (NECB) quarterly Rent Expense came in at $787000.0 in Q2 2026, up 5.92% year-over-year from $743000.0 in Q2 2025, and down 9.95% quarter-over-quarter from $874000.0 in Q1 2026.
Analysis
NorthEast Community Bancorp (NECB) Rent Expense (2020 - 2026) Analysis & Trends
NorthEast Community Bancorp (NECB) has reported Rent Expense for 7 consecutive years, with $787000.0 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Rent Expense rose 5.92% year-over-year to $787000.0 in Q2 2026; TTM through Jun 2026 was $3.2 million, a 7.73% increase from a year earlier, with the FY2025 full-year figure at $3.0 million, up 5.8% from the prior year.
- Rent Expense was $787000.0 for Q2 2026 at NorthEast Community Bancorp, down from $874000.0 in the prior quarter.
- Over five years, Rent Expense peaked at $874000.0 in Q1 2026 and troughed at $562000.0 in Q2 2022.
- A 5-year average of $694722.2 and a median of $706000.0 in 2023 frame the typical range for Rent Expense.
- Across the five-year window, Rent Expense gained 22.29% in 2022 and rose 0.41% in 2025, its largest moves.
- Over 5 years, Rent Expense stood at $665000.0 in 2022, then advanced by 6.02% to $705000.0 in 2023, then climbed by 0.99% to $712000.0 in 2024, then grew by 7.44% to $765000.0 in 2025, then advanced by 2.88% to $787000.0 in 2026.
- The last three Rent Expense figures came in at $787000.0 (Q2 2026), $874000.0 (Q1 2026), and $765000.0 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | TFS Financial | 4.76 Bn | 4.26 Bn | - | - |
| 2 | Columbia Financial | 1.17 Bn | 883.50 Mn | - | 6.80 Mn |
| 3 | Capitol Federal Financial | 1.09 Bn | 953.32 Mn | - | 3.37 Mn |
| 4 | Trustco Bank Corp N Y | 1.01 Bn | 303.62 Mn | - | 4.38 Mn |
| 5 | Northfield Bancorp | 639.40 Mn | 385.97 Mn | - | 3.35 Mn |
| 6 | Kearny Financial | 618.92 Mn | 504.09 Mn | - | 2.86 Mn |
| 7 | Greene County Bancorp | 599.05 Mn | 216.18 Mn | - | 823,000.00 |
| 8 | NorthEast Community Bancorp | 370.64 Mn | 269.90 Mn | - | 787,000.00 |
| 9 | Western New England Bancorp | 270.02 Mn | 231.69 Mn | - | 1.32 Mn |
| 10 | FB Bancorp | 260.28 Mn | 215.07 Mn | - | 1.91 Mn |
Historic Data
Download Data
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 |