Virginia National Bankshares (VABK) Rent Expense (2018 - 2026)
Virginia National Bankshares (VABK) posted Rent Expense of $720,000 for Q2 2026, down 19.0% from $889,000 a year earlier and down 7.6% from the prior quarter.
Virginia National Bankshares (VABK) Rent Expense (2018 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Rent Expense at Virginia National Bankshares was $3.11 million, down 16.6% year-over-year; for FY2025, it was $3.52 million, down 4.0% from FY2024.
- Annual Rent Expense has declined for three consecutive years, though with a five-year compound annual growth rate of 13.0% (FY2020 to FY2025).
- In prior years, Virginia National Bankshares' Rent Expense was $3.66 million in FY2024 (-8.8%), $4.02 million in FY2023 (-11.2%), $4.53 million in FY2022 (+26.6%) and $3.58 million in FY2021 (+87.4%).
- The Q2 2026 figure stands as the lowest quarterly Rent Expense since Q1 2021.
- On a year-over-year basis, Rent Expense has declined in each of the last four quarters, with an average decline of 8.4% over the last eight quarters.
- The strongest year-over-year quarter for Rent Expense in the past five years was Q1 2022, with growth of 141.8%; the weakest was Q2 2023, with a decline of 27.5%.
- According to Business Quant data, Rent Expense for the three prior quarters was $779,000 (Q1 2026), $739,000 (Q4 2025) and $872,000 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 890.60 Bn | 920.07 Bn | - | 1.48 Bn |
| 2 | Banco Santander Chile | 421.74 Bn | 541.68 Bn | - | - |
| 3 | Bank Of America | 385.85 Bn | -1,990.22 Bn | - | 1.91 Bn |
| 4 | Hsbc Holdings | 345.94 Bn | 345.99 Bn | - | - |
| 5 | Morgan Stanley | 303.15 Bn | -205.95 Bn | - | 482.00 Mn |
| 6 | Royal Bank Of Canada | 279.82 Bn | 130.57 Bn | - | 316.29 Mn |
| 7 | Mitsubishi Ufj Financial | 274.62 Bn | -1,313.87 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 267.07 Bn | -3,290.04 Bn | - | 244.00 Mn |
| 9 | Wells Fargo & Company | 243.79 Bn | 245.93 Bn | - | 803.00 Mn |
| 10 | Virginia National Bankshares | 261.29 Mn | 261.29 Mn | - | 720,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 720,000.00 |
| Mar 31, 2026 | 779,000.00 |
| Dec 31, 2025 | 739,000.00 |
| Sep 30, 2025 | 872,000.00 |
| Jun 30, 2025 | 889,000.00 |
| Mar 31, 2025 | 1.02 Mn |
| Dec 31, 2024 | 906,000.00 |
| Sep 30, 2024 | 919,000.00 |
| Jun 30, 2024 | 865,000.00 |
| Mar 31, 2024 | 972,000.00 |
| Dec 31, 2023 | 918,000.00 |
| Sep 30, 2023 | 991,000.00 |
| Jun 30, 2023 | 929,000.00 |
| Mar 31, 2023 | 1.18 Mn |
| Dec 31, 2022 | 729,000.00 |
| Sep 30, 2022 | 1.32 Mn |
| Jun 30, 2022 | 1.28 Mn |
| Mar 31, 2022 | 1.20 Mn |
| Dec 31, 2021 | 932,000.00 |
| Sep 30, 2021 | 1.04 Mn |
Virginia National 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=VABK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "rent-expense", "ticker": "VABK", "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=VABK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();