Northfield Bancorp (NFBK) Rent Expense (2012 - 2026)
Northfield Bancorp (NFBK) posted Rent Expense of $3.4 million for Q1 2026, up 7.05% on a QoQ basis from $3.1 million in Q4 2025, and down 5.07% year-over-year from $3.5 million in Q1 2025.
Analysis
Northfield Bancorp (NFBK) Rent Expense (2012 - 2026) Analysis & Trends
Northfield Bancorp has reported Rent Expense for 15 years, with the latest figure at $3.4 million in Q1 2026.
- On a quarterly basis, Rent Expense fell 5.07% year-over-year to $3.4 million in Q1 2026; TTM through Mar 2026 was $12.9 million, a 1.09% decrease from a year earlier, with the FY2025 full-year figure at $13.1 million, changed 0.13% from the prior year.
- Rent Expense was $3.4 million for Q1 2026 at Northfield Bancorp, up from $3.1 million in the prior quarter.
- The five-year high for Rent Expense was $3.6 million in Q1 2024, with the low at $3.0 million in Q3 2024.
- Average Rent Expense over 5 years is $3.3 million, with a median of $3.3 million recorded in 2022.
- The largest YoY upside for Rent Expense was 5.37% in 2024 against a maximum downside of 11.3% in 2024.
- Over 5 years, Rent Expense stood at $3.2 million in 2022, then grew by 0.84% to $3.2 million in 2023, then rose by 0.81% to $3.3 million in 2024, then declined by 3.69% to $3.1 million in 2025, then gained by 7.05% to $3.4 million in 2026.
- The last three Rent Expense figures came in at $3.4 million (Q1 2026), $3.1 million (Q4 2025), and $3.1 million (Q3 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 |
|---|---|
| Mar 31, 2026 | 3.35 Mn |
| Dec 31, 2025 | 3.13 Mn |
| Sep 30, 2025 | 3.08 Mn |
| Jun 30, 2025 | 3.33 Mn |
| Mar 31, 2025 | 3.53 Mn |
| Dec 31, 2024 | 3.25 Mn |
| Sep 30, 2024 | 3.03 Mn |
| Jun 30, 2024 | 3.22 Mn |
| Mar 31, 2024 | 3.55 Mn |
| Dec 31, 2023 | 3.23 Mn |
| Sep 30, 2023 | 3.42 Mn |
| Jun 30, 2023 | 3.24 Mn |
| Mar 31, 2023 | 3.37 Mn |
| Dec 31, 2022 | 3.20 Mn |
| Sep 30, 2022 | 3.35 Mn |
| Jun 30, 2022 | 3.29 Mn |
| Mar 31, 2022 | 3.41 Mn |
| Dec 31, 2021 | 3.33 Mn |
| Sep 30, 2021 | 3.43 Mn |
| Jun 30, 2021 | 3.50 Mn |