NorthEast Community Bancorp (NECB) Rent Expense (2020 - 2026)
NorthEast Community Bancorp (NECB) posted quarterly Rent Expense of $874000.0 for Q1 2026, up 17.0% year-over-year from $747000.0 in Q1 2025, and up 14.25% quarter-over-quarter from $765000.0 in Q4 2025.
NorthEast Community Bancorp (NECB) Rent Expense (2020 - 2026) Analysis & Trends
NorthEast Community Bancorp (NECB) has reported Rent Expense for 7 consecutive years, with $874000.0 the latest figure, recorded in Q1 2026.
- In Q1 2026, Rent Expense rose 17.0% year-over-year to $874000.0; the TTM figure through Mar 2026 stood at $3.1 million (up 8.79% YoY), while the FY2025 annual figure was $3.0 million, up 5.8% from the prior year.
- Rent Expense improved to $874000.0 in Q1 2026 per NECB's latest filing, from $765000.0 in the prior quarter.
- Across five years, Rent Expense topped out at $874000.0 in Q1 2026 and bottomed at $562000.0 in Q2 2022.
- Historically, Rent Expense has averaged $689294.1 across 5 years, with a median of $705000.0 in 2023.
- Annual changes were most pronounced in 2022 — Rent Expense advanced 22.29% — and 2025, when it gained 0.41%.
- NorthEast Community Bancorp's Rent Expense stood at $665000.0 in 2022, then grew by 6.02% to $705000.0 in 2023, then increased by 0.99% to $712000.0 in 2024, then rose by 7.44% to $765000.0 in 2025, then climbed by 14.25% to $874000.0 in 2026.
- Business Quant data shows NECB's Rent Expense at $874000.0 in Q1 2026, $765000.0 in Q4 2025, and $738000.0 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.94 Bn | 84.74 Bn | - | - |
| 2 | Pnc Financial Services | 97.79 Bn | 97.79 Bn | - | 252.00 Mn |
| 3 | Us Bancorp | 95.96 Bn | 95.96 Bn | - | 303.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.90 Bn | -144.19 Bn | - | -423.97 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.17 Bn | -81.15 Bn | - | - |
| 7 | Nu Holdings | 71.53 Bn | 57.84 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.56 Bn | 61.56 Bn | - | 171.00 Mn |
| 9 | Fifth Third Bancorp | 49.60 Bn | 25.88 Bn | - | 154.00 Mn |
| 10 | NorthEast Community Bancorp | 343.74 Mn | 243.00 Mn | - | 787,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 787,000.00 |
| Jun 30, 2026 | 787,000.00 |
| 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 |