Union Bankshares (UNB) Rent Expense (2010 - 2026)
Union Bankshares (UNB) recorded Rent Expense of $547,000 in Q2 2026, unchanged from $547,000 a year earlier and down 15.5% from the prior quarter.
Union Bankshares (UNB) Rent Expense (2010 - 2026) Analysis & Trends
On a TTM basis, Union Bankshares' Rent Expense came in at $2.33 million as of Jun 30, 2026, up 2.2% year-over-year; for FY2025, it was $2.34 million, up 6.4% from FY2024.
- Annual Rent Expense has increased for five straight years, with a five-year compound annual growth rate of 5.3% (FY2020 to FY2025).
- Across earlier years, Rent Expense came in at $2.19 million in FY2024 (+7.8%), $2.04 million in FY2023 (+6.4%), $1.91 million in FY2022 (+1.2%) and $1.89 million in FY2021 (+4.7%).
- Quarterly Rent Expense has ranged from $425,000 in Q3 2021 to $652,000 in Q1 2025 over the past five years.
- On a year-over-year basis, Rent Expense rose in six of the last eight quarters, with growth averaging 5.8%.
- Peak year-over-year performance for Rent Expense in the last five years was growth of 17.0% in Q4 2021, against a decline of 12.3% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $647,000 (Q1 2026), $599,000 (Q4 2025) and $537,000 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 1.48 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 1.91 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 482.00 Mn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 316.29 Mn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 244.00 Mn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 803.00 Mn |
| 10 | Union Bankshares | 113.75 Mn | 5.17 Mn | - | 547,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 547,000.00 |
| Mar 31, 2026 | 647,000.00 |
| Dec 31, 2025 | 599,000.00 |
| Sep 30, 2025 | 537,000.00 |
| Jun 30, 2025 | 547,000.00 |
| Mar 31, 2025 | 652,000.00 |
| Dec 31, 2024 | 576,000.00 |
| Sep 30, 2024 | 505,000.00 |
| Jun 30, 2024 | 544,000.00 |
| Mar 31, 2024 | 569,000.00 |
| Dec 31, 2023 | 516,000.00 |
| Sep 30, 2023 | 459,000.00 |
| Jun 30, 2023 | 482,000.00 |
| Mar 31, 2023 | 578,000.00 |
| Dec 31, 2022 | 476,000.00 |
| Sep 30, 2022 | 448,000.00 |
| Jun 30, 2022 | 462,000.00 |
| Mar 31, 2022 | 527,000.00 |
| Dec 31, 2021 | 461,000.00 |
| Sep 30, 2021 | 425,000.00 |
Union Bankshares Rent Expense API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=rent-expense&ticker=UNB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "rent-expense", "ticker": "UNB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=rent-expense&ticker=UNB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();