Bank First (BFC) Rent Expense (2017 - 2026)
Bank First (BFC) reported Rent Expense of $2.6 million for Q1 2026, up 60.65% year-over-year from $1.6 million in Q1 2025, and down 7.69% quarter-over-quarter 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.
- Rent Expense for Q1 2026 came in at $2.6 million, up 60.65% year-over-year; the trailing twelve-month figure through Mar 2026 was $8.8 million (up 47.79% YoY), and the FY2025 annual result was $7.8 million, up 31.76% from the prior year.
- Rent Expense eased to $2.6 million in Q1 2026 per BFC's latest filing, from $2.8 million in the prior quarter.
- Over five years, Rent Expense peaked at $2.8 million in Q4 2025 and troughed at $1.1 million in Q1 2022.
- A 5-year average of $1.6 million and a median of $1.6 million in 2025 frame the typical range for Rent Expense.
- The sharpest annual moves came in 2022 and 2023: Rent Expense jumped 106.53% in 2022, then sank 33.38% in 2023.
- A 5-year view of Rent Expense shows it stood at $2.0 million in 2022, then sank by 33.38% to $1.3 million in 2023, then rose by 10.56% to $1.4 million in 2024, then jumped by 91.63% to $2.8 million in 2025, then decreased by 7.69% to $2.6 million in 2026.
- Business Quant data shows BFC's Rent Expense at $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 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 634,000.00 |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 1.45 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Bank First | 1.63 Bn | 1.23 Bn | - | 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 |