Seacoast Banking Corp Of Florida (SBCF) Rent Expense (2015 - 2026)
Seacoast Banking Corp Of Florida (SBCF) posted quarterly Rent Expense of $9.2 million for Q1 2026, up 25.65% year-over-year from $7.4 million in Q1 2025, and down 1.02% quarter-over-quarter from $9.3 million in Q4 2025.
Seacoast Banking Corp Of Florida (SBCF) Rent Expense (2015 - 2026) Analysis & Trends
Seacoast Banking Corp Of Florida (SBCF) has reported Rent Expense for 8 consecutive years, with $9.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Rent Expense rose 25.65% year-over-year to $9.2 million; the TTM figure through Mar 2026 stood at $33.7 million (up 16.68% YoY), while the FY2025 annual figure was $31.8 million, up 7.59% from the prior year.
- Rent Expense retreated to $9.2 million in Q1 2026 per SBCF's latest filing, from $9.3 million in the prior quarter.
- Across five years, Rent Expense topped out at $9.3 million in Q4 2025 and bottomed at $4.0 million in Q1 2022.
- Historically, Rent Expense has averaged $7.3 million across 5 years, with a median of $7.5 million in 2023.
- Annual changes were most pronounced in 2022 — Rent Expense surged 164.46% — and 2023, when it slipped 18.84%.
- Seacoast Banking Corp Of Florida's Rent Expense stood at $9.3 million in 2022, then retreated by 18.84% to $7.5 million in 2023, then declined by 3.7% to $7.2 million in 2024, then gained by 28.97% to $9.3 million in 2025, then fell by 1.02% to $9.2 million in 2026.
- Business Quant data shows SBCF's Rent Expense at $9.2 million in Q1 2026, $9.3 million in Q4 2025, and $7.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.84 Bn | 84.64 Bn | - | - |
| 2 | Pnc Financial Services | 97.68 Bn | 97.68 Bn | - | 252.00 Mn |
| 3 | Us Bancorp | 95.83 Bn | 95.83 Bn | - | 303.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.70 Bn | -144.39 Bn | - | -423.97 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.87 Bn | -81.44 Bn | - | - |
| 7 | Nu Holdings | 70.95 Bn | 57.26 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.54 Bn | 61.54 Bn | - | 171.00 Mn |
| 9 | Fifth Third Bancorp | 49.53 Bn | 25.81 Bn | - | 154.00 Mn |
| 10 | Seacoast Banking Corp Of Florida | 3.33 Bn | 2.90 Bn | -2.19 Mn | 9.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.59 Mn |
| Jun 30, 2026 | 9.59 Mn |
| Mar 31, 2026 | 9.24 Mn |
| Mar 31, 2026 | 9.24 Mn |
| Dec 31, 2025 | 9.33 Mn |
| Dec 31, 2025 | 9.33 Mn |
| Sep 30, 2025 | 7.63 Mn |
| Sep 30, 2025 | 7.63 Mn |
| Jun 30, 2025 | 7.48 Mn |
| Jun 30, 2025 | 7.48 Mn |
| Mar 31, 2025 | 7.35 Mn |
| Mar 31, 2025 | 7.35 Mn |
| Dec 31, 2024 | 7.23 Mn |
| Dec 31, 2024 | 7.23 Mn |
| Sep 30, 2024 | 7.10 Mn |
| Sep 30, 2024 | 7.10 Mn |
| Jun 30, 2024 | 7.18 Mn |
| Jun 30, 2024 | 7.18 Mn |
| Mar 31, 2024 | 8.04 Mn |
| Mar 31, 2024 | 8.04 Mn |