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Western New England Bancorp (WNEB) Rent Expense (2016 - 2021)

Western New England Bancorp (WNEB) has disclosed Rent Expense for 8 consecutive years, with $1.1 million as the latest value for Q4 2021.

  • Quarterly Rent Expense fell 1.46% to $1.1 million in Q4 2021 from the year-ago period, while the trailing twelve-month figure was $4.7 million through Dec 2021, up 3.01% year-over-year, with the annual reading at $5.2 million for FY2025, 0.21% changed from the prior year.
  • Rent Expense for Q4 2021 was $1.1 million at Western New England Bancorp, up from $1.1 million in the prior quarter.
  • The five-year high for Rent Expense was $1.3 million in Q1 2021, with the low at $891000.0 in Q3 2017.
  • Average Rent Expense over 5 years is $1.1 million, with a median of $1.1 million recorded in 2018.
  • The sharpest move saw Rent Expense surged 62.59% in 2017, then decreased 11.13% in 2019.
  • Over 5 years, Rent Expense stood at $891000.0 in 2017, then surged by 30.08% to $1.2 million in 2018, then dropped by 11.13% to $1.0 million in 2019, then increased by 12.72% to $1.2 million in 2020, then dropped by 1.46% to $1.1 million in 2021.
  • According to Business Quant data, Rent Expense over the past three periods came in at $1.1 million, $1.1 million, and $1.1 million for Q4 2021, Q3 2021, and Q2 2021 respectively.