Bank First (BFC) Rent Expense (2017 - 2026)
Bank First (BFC) posted quarterly 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 reported Rent Expense for 10 consecutive years, with $2.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Rent Expense rose 60.65% year-over-year to $2.6 million; the TTM figure through Mar 2026 stood at $8.8 million (up 47.79% YoY), while the FY2025 annual figure was $7.8 million, up 31.76% from the prior year.
- Rent Expense retreated to $2.6 million in Q1 2026 per BFC's latest filing, from $2.8 million in the prior quarter.
- Across five years, Rent Expense topped out at $2.8 million in Q4 2025 and bottomed at $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.
- Annual changes were most pronounced in 2022 — Rent Expense jumped 106.53% — and 2023, when it sank 33.38%.
- Bank First's Rent Expense stood at $2.0 million in 2022, then slumped by 33.38% to $1.3 million in 2023, then gained by 10.56% to $1.4 million in 2024, then surged by 91.63% to $2.8 million in 2025, then slipped 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 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 252.00 Mn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 303.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -423.97 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 171.00 Mn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 154.00 Mn |
| 10 | Bank First | 1.69 Bn | 1.07 Bn | - | 2.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.64 Mn |
| Jun 30, 2026 | 2.64 Mn |
| 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 |