Bank First (BFC) Rent Expense (2017 - 2026)
Bank First's (BFC) quarterly Rent Expense came in at $2.6 million in Q2 2026, up 37.3% year-over-year from $1.9 million in Q2 2025, and up 3.25% quarter-over-quarter from $2.6 million in Q1 2026.
Analysis
Bank First (BFC) Rent Expense (2017 - 2026) Analysis & Trends
Bank First (BFC) has reported Rent Expense for 10 consecutive years, with $2.6 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Rent Expense rose 37.3% year-over-year to $2.6 million in Q2 2026; TTM through Jun 2026 was $9.5 million, a 45.38% increase from a year earlier, with the FY2025 full-year figure at $7.8 million, up 31.76% from the prior year.
- Rent Expense was $2.6 million for Q2 2026 at Bank First, up from $2.6 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 $1.7 million and a median of $1.6 million in 2024 frame the typical range for Rent Expense.
- Across the five-year window, Rent Expense soared 106.53% in 2022 and slumped 33.38% in 2023, its largest moves.
- Over 5 years, Rent Expense stood at $2.0 million in 2022, then slumped by 33.38% to $1.3 million in 2023, then increased by 10.56% to $1.4 million in 2024, then soared by 91.63% to $2.8 million in 2025, then decreased by 4.69% to $2.6 million in 2026.
- The last three Rent Expense figures came in at $2.6 million (Q2 2026), $2.6 million (Q1 2026), and $2.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | - |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | 171.00 Mn |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | 154.00 Mn |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | 129.00 Mn |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | 90.00 Mn |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | 108.00 Mn |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | 73.00 Mn |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | 59.00 Mn |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | 68.00 Mn |
| 10 | Bank First | 1.72 Bn | 1.10 Bn | - | 2.64 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.64 Mn |
| Mar 31, 2026 | 2.56 Mn |
| Dec 31, 2025 | 2.77 Mn |
| Sep 30, 2025 | 1.57 Mn |
| Jun 30, 2025 | 1.92 Mn |
| Mar 31, 2025 | 1.59 Mn |
| Dec 31, 2024 | 1.45 Mn |
| Sep 30, 2024 | 1.60 Mn |
| Jun 30, 2024 | 1.33 Mn |
| Mar 31, 2024 | 1.58 Mn |
| Dec 31, 2023 | 1.31 Mn |
| Sep 30, 2023 | 1.46 Mn |
| Jun 30, 2023 | 1.32 Mn |
| Mar 31, 2023 | 1.59 Mn |
| Dec 31, 2022 | 1.96 Mn |
| Sep 30, 2022 | 1.18 Mn |
| Jun 30, 2022 | 1.21 Mn |
| Mar 31, 2022 | 1.12 Mn |
| Dec 31, 2021 | 950,000.00 |
| Sep 30, 2021 | 1.07 Mn |