OP Bancorp (OPBK) Rent Expense (2017 - 2026)
OP Bancorp (OPBK) recorded quarterly Rent Expense of $1.8 million in Q1 2026, down 5.63% quarter-over-quarter from $1.9 million in Q4 2025, and up 14.55% on a YoY basis from $1.6 million in Q1 2025.
OP Bancorp (OPBK) Rent Expense (2017 - 2026) Analysis & Trends
OP Bancorp's Rent Expense history runs 10 years deep, the most recent figure standing at $1.8 million for Q1 2026.
- In Q1 2026, Rent Expense rose 14.55% year-over-year to $1.8 million; the TTM figure through Mar 2026 stood at $7.0 million (up 5.93% YoY), while the FY2025 annual figure was $6.8 million, up 1.3% from the prior year.
- Rent Expense was $1.8 million for Q1 2026 at OP Bancorp, down from $1.9 million in the prior quarter.
- In the past five years, Rent Expense ranged from a high of $1.9 million in Q4 2025 to a low of $1.4 million in Q1 2022.
- Historically, Rent Expense has averaged $1.6 million across 5 years, with a median of $1.6 million in 2023.
- The sharpest annual moves came in 2022 and 2025: Rent Expense gained 20.66% in 2022, then decreased 4.58% in 2025.
- A 5-year view of Rent Expense shows it stood at $1.6 million in 2022, then climbed by 3.59% to $1.6 million in 2023, then climbed by 4.08% to $1.7 million in 2024, then gained by 14.09% to $1.9 million in 2025, then slipped by 5.63% to $1.8 million in 2026.
- The last three Rent Expense figures came in at $1.8 million (Q1 2026), $1.9 million (Q4 2025), and $1.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 634,000.00 |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 1.45 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | OP Bancorp | 212.79 Mn | 52.53 Mn | - | 1.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.81 Mn |
| Mar 31, 2026 | 1.81 Mn |
| Dec 31, 2025 | 1.92 Mn |
| Dec 31, 2025 | 1.92 Mn |
| Sep 30, 2025 | 1.68 Mn |
| Sep 30, 2025 | 1.68 Mn |
| Jun 30, 2025 | 1.58 Mn |
| Jun 30, 2025 | 1.58 Mn |
| Mar 31, 2025 | 1.58 Mn |
| Mar 31, 2025 | 1.58 Mn |
| Dec 31, 2024 | 1.68 Mn |
| Dec 31, 2024 | 1.68 Mn |
| Sep 30, 2024 | 1.68 Mn |
| Sep 30, 2024 | 1.68 Mn |
| Jun 30, 2024 | 1.66 Mn |
| Jun 30, 2024 | 1.66 Mn |
| Mar 31, 2024 | 1.66 Mn |
| Mar 31, 2024 | 1.66 Mn |
| Dec 31, 2023 | 1.62 Mn |
| Dec 31, 2023 | 1.62 Mn |