Bank First (BFC) Rent Expense (2017 - 2026)
Bank First's (BFC) quarterly Rent Expense came in at $2.6 million in Q1 2026, up 60.65% year-on-year from $1.6 million in Q1 2025, and down 7.69% on a QoQ basis from $2.8 million in Q4 2025.
Bank First (BFC) Rent Expense (2017 - 2026) Analysis & Trends
Bank First (BFC) has 10 years of Rent Expense data on file, last reported at $2.6 million in Q1 2026.
- On a quarterly basis, Rent Expense rose 60.65% year-over-year to $2.6 million in Q1 2026; TTM through Mar 2026 was $8.8 million, a 47.79% increase from a year earlier, with the FY2025 full-year figure at $7.8 million, up 31.76% from the prior year.
- Rent Expense for Q1 2026 stood at $2.6 million, down from $2.8 million in the prior quarter.
- Over the last five years, Rent Expense for BFC reached as high as $2.8 million in Q4 2025 and fell as low as $1.1 million in Q1 2022.
- Historically, Rent Expense has averaged $1.6 million across 5 years, with a median of $1.6 million in 2025.
- Across the five-year window, Rent Expense surged 106.53% in 2022 and tumbled 33.38% in 2023, its largest moves.
- Year by year, Rent Expense stood at $2.0 million in 2022, then slumped by 33.38% to $1.3 million in 2023, then climbed by 10.56% to $1.4 million in 2024, then jumped by 91.63% to $2.8 million in 2025, then declined by 7.69% to $2.6 million in 2026.
- Per Business Quant data, the three most recent Rent Expense figures were $2.6 million in Q1 2026, $2.8 million in Q4 2025, and $1.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | - |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | - |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | - |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | - |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | - |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 634,000.00 |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 1.45 Mn |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 262.00 Mn |
| 10 | Bank First | 1.65 Bn | 906.03 Mn | - | 2.56 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.56 Mn |
| Mar 31, 2026 | 2.56 Mn |
| Dec 31, 2025 | 2.77 Mn |
| Dec 31, 2025 | 2.77 Mn |
| Sep 30, 2025 | 1.57 Mn |
| Sep 30, 2025 | 1.57 Mn |
| Jun 30, 2025 | 1.92 Mn |
| Jun 30, 2025 | 1.92 Mn |
| Mar 31, 2025 | 1.59 Mn |
| Mar 31, 2025 | 1.59 Mn |
| Dec 31, 2024 | 1.45 Mn |
| Dec 31, 2024 | 1.45 Mn |
| Sep 30, 2024 | 1.60 Mn |
| Sep 30, 2024 | 1.60 Mn |
| Jun 30, 2024 | 1.33 Mn |
| Jun 30, 2024 | 1.33 Mn |
| Mar 31, 2024 | 1.58 Mn |
| Mar 31, 2024 | 1.58 Mn |
| Dec 31, 2023 | 1.31 Mn |
| Dec 31, 2023 | 1.31 Mn |