Northwest Bancshares (NWBI) Rent Expense (2017 - 2026)
Northwest Bancshares' (NWBI) quarterly Rent Expense came in at $9.9 million in Q1 2026, up 17.42% YoY from $8.4 million in Q1 2025, and up 20.72% on a QoQ basis from $8.2 million in Q4 2025.
Northwest Bancshares (NWBI) Rent Expense (2017 - 2026) Analysis & Trends
Northwest Bancshares (NWBI) has 10 years of Rent Expense data on file, last reported at $9.9 million in Q1 2026.
- Quarterly Rent Expense rose 17.42% year-over-year to $9.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $32.9 million (up 8.66% YoY) and the FY2025 annual result came in at $31.4 million, up 6.55% from the prior year.
- Rent Expense grew to $9.9 million in Q1 2026, from $8.2 million in the prior quarter.
- In the past five years, Rent Expense ranged from a high of $9.9 million in Q1 2026 to a low of $7.0 million in Q4 2023.
- A 5-year average of $7.6 million and a median of $7.5 million in 2024 frame the typical range for Rent Expense.
- Annual changes were most pronounced in 2022 — Rent Expense decreased 11.54% — and 2026, when it increased 17.42%.
- Tracing NWBI's Rent Expense over 5 years: stood at $7.4 million in 2022, then fell by 4.36% to $7.0 million in 2023, then advanced by 3.04% to $7.3 million in 2024, then grew by 12.49% to $8.2 million in 2025, then climbed by 20.72% to $9.9 million in 2026.
- The last three Rent Expense figures came in at $9.9 million (Q1 2026), $8.2 million (Q4 2025), and $7.7 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 252.00 Mn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 303.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -423.97 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 171.00 Mn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 154.00 Mn |
| 10 | Northwest Bancshares | 2.24 Bn | -468.21 Mn | - | 8.49 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 8.49 Mn |
| Jun 30, 2026 | 8.49 Mn |
| Mar 31, 2026 | 9.86 Mn |
| Mar 31, 2026 | 9.86 Mn |
| Dec 31, 2025 | 8.17 Mn |
| Dec 31, 2025 | 8.17 Mn |
| Sep 30, 2025 | 7.71 Mn |
| Sep 30, 2025 | 7.71 Mn |
| Jun 30, 2025 | 7.12 Mn |
| Jun 30, 2025 | 7.12 Mn |
| Mar 31, 2025 | 8.40 Mn |
| Mar 31, 2025 | 8.40 Mn |
| Dec 31, 2024 | 7.26 Mn |
| Dec 31, 2024 | 7.26 Mn |
| Sep 30, 2024 | 7.12 Mn |
| Sep 30, 2024 | 7.12 Mn |
| Jun 30, 2024 | 7.46 Mn |
| Jun 30, 2024 | 7.46 Mn |
| Mar 31, 2024 | 7.63 Mn |
| Mar 31, 2024 | 7.63 Mn |