Waterstone Financial (WSBF) Rent Expense (2012 - 2026)
Waterstone Financial's (WSBF) quarterly Rent Expense came in at $1.6 million in Q2 2026, down 10.44% on a YoY basis from $1.8 million in Q2 2025, and down 20.14% quarter-over-quarter from $2.0 million in Q1 2026.
Analysis
Waterstone Financial (WSBF) Rent Expense (2012 - 2026) Analysis & Trends
Waterstone Financial (WSBF) has reported Rent Expense for 15 consecutive years, with $1.6 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Rent Expense fell 10.44% year-over-year to $1.6 million; the trailing twelve-month figure through Jun 2026 stood at $7.0 million (down 0.98% YoY), and the FY2025 full-year result was $7.2 million, down 5.0% from the prior year.
- Rent Expense retreated to $1.6 million in Q2 2026 per WSBF's latest filing, from $2.0 million in the prior quarter.
- Across five years, Rent Expense topped out at $2.3 million in Q3 2022 and bottomed at $1.6 million in Q2 2026.
- Historically, Rent Expense has averaged $2.0 million across 5 years, with a median of $2.0 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Rent Expense declined 21.87% in 2024, then increased 15.52% in 2025.
- Over 5 years, Rent Expense stood at $2.2 million in 2022, then fell by 6.69% to $2.0 million in 2023, then slipped by 21.87% to $1.6 million in 2024, then advanced by 15.52% to $1.8 million in 2025, then slipped by 13.93% to $1.6 million in 2026.
- According to Business Quant data, Rent Expense over the past three periods registered $1.6 million, $2.0 million, and $1.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 448.38 Bn | 568.32 Bn | - | - |
| 2 | Truist Financial | 63.10 Bn | 63.10 Bn | - | 171.00 Mn |
| 3 | Fifth Third Bancorp | 49.74 Bn | 26.02 Bn | - | 154.00 Mn |
| 4 | M&T Bank | 34.66 Bn | 34.66 Bn | - | 129.00 Mn |
| 5 | Huntington Bancshares | 34.41 Bn | 29.92 Bn | - | 90.00 Mn |
| 6 | Citizens Financial | 29.91 Bn | 29.91 Bn | - | 108.00 Mn |
| 7 | Regions Financial | 25.92 Bn | 25.99 Bn | - | 73.00 Mn |
| 8 | Keycorp | 23.68 Bn | -24.02 Bn | - | 68.00 Mn |
| 9 | First Citizens Bancshares | 22.94 Bn | 22.41 Bn | 29.00 Mn | 59.00 Mn |
| 10 | Waterstone Financial | 386.64 Mn | 345.56 Mn | - | 1.57 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.57 Mn |
| Mar 31, 2026 | 1.97 Mn |
| Dec 31, 2025 | 1.82 Mn |
| Sep 30, 2025 | 1.69 Mn |
| Jun 30, 2025 | 1.75 Mn |
| Mar 31, 2025 | 1.93 Mn |
| Dec 31, 2024 | 1.58 Mn |
| Sep 30, 2024 | 1.86 Mn |
| Jun 30, 2024 | 2.03 Mn |
| Mar 31, 2024 | 2.11 Mn |
| Dec 31, 2023 | 2.02 Mn |
| Sep 30, 2023 | 1.99 Mn |
| Jun 30, 2023 | 2.05 Mn |
| Mar 31, 2023 | 2.26 Mn |
| Dec 31, 2022 | 2.17 Mn |
| Sep 30, 2022 | 2.30 Mn |
| Jun 30, 2022 | 2.06 Mn |
| Mar 31, 2022 | 2.19 Mn |
| Dec 31, 2021 | 2.27 Mn |
| Sep 30, 2021 | 2.49 Mn |