Virginia National Bankshares (VABK) Rent Expense (2018 - 2026)
Virginia National Bankshares' (VABK) quarterly Rent Expense came in at $779000.0 in Q1 2026, down 23.33% YoY from $1.0 million in Q1 2025, and up 5.41% on a QoQ basis from $739000.0 in Q4 2025.
Virginia National Bankshares (VABK) Rent Expense (2018 - 2026) Analysis & Trends
Virginia National Bankshares (VABK) has 9 years of Rent Expense data on file, last reported at $779000.0 in Q1 2026.
- Quarterly Rent Expense fell 23.33% year-over-year to $779000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.3 million (down 11.52% YoY) and the FY2025 annual result came in at $3.5 million, down 3.99% from the prior year.
- Rent Expense advanced to $779000.0 in Q1 2026, from $739000.0 in the prior quarter.
- In the past five years, Rent Expense ranged from a high of $1.3 million in Q3 2022 to a low of $729000.0 in Q4 2022.
- A 5-year average of $970588.2 and a median of $919000.0 in 2024 frame the typical range for Rent Expense.
- Annual changes were most pronounced in 2022 — Rent Expense jumped 141.82% — and 2023, when it declined 27.54%.
- Tracing VABK's Rent Expense over 5 years: stood at $729000.0 in 2022, then increased by 25.93% to $918000.0 in 2023, then retreated by 1.31% to $906000.0 in 2024, then declined by 18.43% to $739000.0 in 2025, then climbed by 5.41% to $779000.0 in 2026.
- The last three Rent Expense figures came in at $779000.0 (Q1 2026), $739000.0 (Q4 2025), and $872000.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 252.00 Mn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 303.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -423.97 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 171.00 Mn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 154.00 Mn |
| 10 | Virginia National Bankshares | 254.80 Mn | 254.80 Mn | - | 720,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 720,000.00 |
| Jun 30, 2026 | 720,000.00 |
| Mar 31, 2026 | 779,000.00 |
| Mar 31, 2026 | 779,000.00 |
| Dec 31, 2025 | 739,000.00 |
| Dec 31, 2025 | 739,000.00 |
| Sep 30, 2025 | 872,000.00 |
| Sep 30, 2025 | 872,000.00 |
| Jun 30, 2025 | 889,000.00 |
| Jun 30, 2025 | 889,000.00 |
| Mar 31, 2025 | 1.02 Mn |
| Mar 31, 2025 | 1.02 Mn |
| Dec 31, 2024 | 906,000.00 |
| Dec 31, 2024 | 906,000.00 |
| Sep 30, 2024 | 919,000.00 |
| Sep 30, 2024 | 919,000.00 |
| Jun 30, 2024 | 865,000.00 |
| Jun 30, 2024 | 865,000.00 |
| Mar 31, 2024 | 972,000.00 |
| Mar 31, 2024 | 972,000.00 |