Western New England Bancorp (WNEB) Rent Expense (2010 - 2026)
Western New England Bancorp (WNEB) posted quarterly Rent Expense of $1.6 million for Q1 2026, up 10.62% year-over-year from $1.4 million in Q1 2025, and up 19.05% quarter-over-quarter from $1.3 million in Q4 2025.
Western New England Bancorp (WNEB) Rent Expense (2010 - 2026) Analysis & Trends
Western New England Bancorp (WNEB) has reported Rent Expense for 17 consecutive years, with $1.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Rent Expense rose 10.62% year-over-year to $1.6 million; the TTM figure through Mar 2026 stood at $5.4 million (up 1.7% YoY), while the FY2025 annual figure was $5.2 million, changed 0.21% from the prior year.
- Rent Expense improved to $1.6 million in Q1 2026 per WNEB's latest filing, from $1.3 million in the prior quarter.
- Across five years, Rent Expense topped out at $1.6 million in Q1 2026 and bottomed at $1.2 million in Q3 2023.
- Historically, Rent Expense has averaged $1.3 million across 5 years, with a median of $1.3 million in 2025.
- Annual changes were most pronounced in 2025 — Rent Expense slipped 8.83% — and 2026, when it grew 10.62%.
- Western New England Bancorp's Rent Expense stood at $1.2 million in 2022, then climbed by 9.69% to $1.3 million in 2023, then grew by 7.71% to $1.4 million in 2024, then declined by 8.83% to $1.3 million in 2025, then grew by 19.05% to $1.6 million in 2026.
- Business Quant data shows WNEB's Rent Expense at $1.6 million in Q1 2026, $1.3 million in Q4 2025, and $1.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 252.00 Mn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 303.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -423.97 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 171.00 Mn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 154.00 Mn |
| 10 | Western New England Bancorp | 272.59 Mn | 234.26 Mn | - | 1.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.32 Mn |
| Jun 30, 2026 | 1.32 Mn |
| Mar 31, 2026 | 1.56 Mn |
| Mar 31, 2026 | 1.56 Mn |
| Dec 31, 2025 | 1.31 Mn |
| Dec 31, 2025 | 1.31 Mn |
| Sep 30, 2025 | 1.24 Mn |
| Sep 30, 2025 | 1.24 Mn |
| Jun 30, 2025 | 1.27 Mn |
| Jun 30, 2025 | 1.27 Mn |
| Mar 31, 2025 | 1.41 Mn |
| Mar 31, 2025 | 1.41 Mn |
| Dec 31, 2024 | 1.44 Mn |
| Dec 31, 2024 | 1.44 Mn |
| Sep 30, 2024 | 1.22 Mn |
| Sep 30, 2024 | 1.22 Mn |
| Jun 30, 2024 | 1.22 Mn |
| Jun 30, 2024 | 1.22 Mn |
| Mar 31, 2024 | 1.36 Mn |
| Mar 31, 2024 | 1.36 Mn |