Western New England Bancorp (WNEB) Rent Expense (2010 - 2026)
Western New England Bancorp's (WNEB) quarterly Rent Expense came in at $1.3 million in Q2 2026, up 4.27% year-over-year from $1.3 million in Q2 2025, and down 15.56% quarter-over-quarter from $1.6 million in Q1 2026.
Analysis
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 $1.3 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Rent Expense rose 4.27% year-over-year to $1.3 million in Q2 2026; TTM through Jun 2026 was $5.4 million, a 1.82% increase from a year earlier, with the FY2025 full-year figure at $5.2 million, changed 0.21% from the prior year.
- Rent Expense was $1.3 million for Q2 2026 at Western New England Bancorp, down from $1.6 million in the prior quarter.
- Over five years, Rent Expense peaked at $1.6 million in Q1 2026 and troughed at $1.2 million in Q3 2023.
- A 5-year average of $1.3 million and a median of $1.3 million in 2025 frame the typical range for Rent Expense.
- Across the five-year window, Rent Expense decreased 8.83% in 2025 and climbed 10.62% in 2026, its largest moves.
- Over 5 years, Rent Expense stood at $1.2 million in 2022, then gained by 9.69% to $1.3 million in 2023, then advanced by 7.71% to $1.4 million in 2024, then slipped by 8.83% to $1.3 million in 2025, then increased by 0.53% to $1.3 million in 2026.
- The last three Rent Expense figures came in at $1.3 million (Q2 2026), $1.6 million (Q1 2026), and $1.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | TFS Financial | 4.75 Bn | 4.25 Bn | - | - |
| 2 | Columbia Financial | 1.16 Bn | 878.95 Mn | - | 6.80 Mn |
| 3 | Capitol Federal Financial | 1.09 Bn | 952.08 Mn | - | 3.37 Mn |
| 4 | Trustco Bank Corp N Y | 993.16 Mn | 286.49 Mn | - | 4.38 Mn |
| 5 | Northfield Bancorp | 639.40 Mn | 385.97 Mn | - | 3.35 Mn |
| 6 | Kearny Financial | 613.89 Mn | 499.06 Mn | - | 2.86 Mn |
| 7 | Greene County Bancorp | 595.51 Mn | 212.65 Mn | - | 823,000.00 |
| 8 | NorthEast Community Bancorp | 368.71 Mn | 267.97 Mn | - | 787,000.00 |
| 9 | Western New England Bancorp | 268.83 Mn | 230.50 Mn | - | 1.32 Mn |
| 10 | FB Bancorp | 258.41 Mn | 213.20 Mn | - | 1.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.32 Mn |
| Mar 31, 2026 | 1.56 Mn |
| Dec 31, 2025 | 1.31 Mn |
| Sep 30, 2025 | 1.24 Mn |
| Jun 30, 2025 | 1.27 Mn |
| Mar 31, 2025 | 1.41 Mn |
| Dec 31, 2024 | 1.44 Mn |
| Sep 30, 2024 | 1.22 Mn |
| Jun 30, 2024 | 1.22 Mn |
| Mar 31, 2024 | 1.36 Mn |
| Dec 31, 2023 | 1.34 Mn |
| Sep 30, 2023 | 1.16 Mn |
| Jun 30, 2023 | 1.20 Mn |
| Mar 31, 2023 | 1.35 Mn |
| Dec 31, 2022 | 1.22 Mn |
| Sep 30, 2022 | 1.23 Mn |
| Jun 30, 2022 | 1.18 Mn |
| Mar 31, 2022 | 1.36 Mn |
| Dec 31, 2021 | 1.14 Mn |
| Sep 30, 2021 | 1.12 Mn |