Northwest Bancshares (NWBI) Rent Expense (2017 - 2026)
Northwest Bancshares posted quarterly Rent Expense of $9.9 million for Q1 2026, up 17.42% year-on-year 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) has 10 years of Rent Expense data on file, last reported at $9.9 million in Q1 2026.
- For the quarter ending Q1 2026, Rent Expense rose 17.42% year-over-year to $9.9 million; the trailing twelve-month figure through Mar 2026 stood at $32.9 million (up 8.66% YoY), and the FY2025 full-year result was $31.4 million, up 6.55% from the prior year.
- Rent Expense for Q1 2026 stood at $9.9 million, up from $8.2 million in the prior quarter.
- Across five years, Rent Expense topped out at $9.9 million in Q1 2026 and bottomed at $7.0 million in Q4 2023.
- The 5-year median for Rent Expense is $7.5 million (2024), against an average of $7.6 million.
- The widest annual swing landed in 2022, when Rent Expense decreased 11.54%; it then increased 17.42% in 2026.
- A 5-year view of Rent Expense shows it stood at $7.4 million in 2022, then retreated by 4.36% to $7.0 million in 2023, then climbed by 3.04% to $7.3 million in 2024, then increased by 12.49% to $8.2 million in 2025, then grew 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | - |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 634,000.00 |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 1.45 Mn |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | - |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | - |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 262.00 Mn |
| 10 | Northwest Bancshares | 2.04 Bn | -639.18 Mn | - | 9.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 7.05 Mn |
| Dec 31, 2023 | 7.05 Mn |
| Sep 30, 2023 | 7.05 Mn |
| Sep 30, 2023 | 7.05 Mn |
| Jun 30, 2023 | 7.58 Mn |
| Jun 30, 2023 | 7.58 Mn |
| Mar 31, 2023 | 7.47 Mn |
| Mar 31, 2023 | 7.47 Mn |
| Dec 31, 2022 | 7.37 Mn |
| Dec 31, 2022 | 7.37 Mn |
| Sep 30, 2022 | 7.17 Mn |
| Sep 30, 2022 | 7.17 Mn |
| Jun 30, 2022 | 7.28 Mn |
| Jun 30, 2022 | 7.28 Mn |
| Mar 31, 2022 | 7.80 Mn |
| Mar 31, 2022 | 7.80 Mn |
| Dec 31, 2021 | 7.10 Mn |
| Dec 31, 2021 | 7.10 Mn |
| Sep 30, 2021 | 7.75 Mn |
| Sep 30, 2021 | 7.75 Mn |
| Jun 30, 2021 | 7.41 Mn |
| Jun 30, 2021 | 7.41 Mn |
| Mar 31, 2021 | 8.81 Mn |
| Mar 31, 2021 | 8.81 Mn |
| Dec 31, 2020 | 7.61 Mn |
| Dec 31, 2020 | 7.61 Mn |
| Sep 30, 2020 | 8.34 Mn |
| Sep 30, 2020 | 8.34 Mn |
| Jun 30, 2020 | 7.20 Mn |
| Jun 30, 2020 | 7.20 Mn |
| Mar 31, 2020 | 7.47 Mn |
| Mar 31, 2020 | 7.47 Mn |
| Dec 31, 2019 | 7.05 Mn |
| Dec 31, 2019 | 7.05 Mn |
| Sep 30, 2019 | 7.06 Mn |
| Sep 30, 2019 | 7.06 Mn |
| Jun 30, 2019 | 7.39 Mn |
| Jun 30, 2019 | 7.39 Mn |
| Mar 31, 2019 | 7.22 Mn |
| Mar 31, 2019 | 7.22 Mn |
| Dec 31, 2018 | 6.57 Mn |
| Dec 31, 2018 | 6.57 Mn |
| Sep 30, 2018 | 6.82 Mn |
| Sep 30, 2018 | 6.82 Mn |
| Jun 30, 2018 | 6.82 Mn |
| Jun 30, 2018 | 6.82 Mn |
| Mar 31, 2018 | 7.31 Mn |
| Mar 31, 2018 | 7.31 Mn |
| Dec 31, 2017 | 7.29 Mn |
| Dec 31, 2017 | 7.29 Mn |
| Sep 30, 2017 | 6.95 Mn |
| Sep 30, 2017 | 6.95 Mn |
| Jun 30, 2017 | 7.10 Mn |
| Jun 30, 2017 | 7.10 Mn |