First Merchants (FRME) Rent Expense (2010 - 2026)
First Merchants (FRME) posted quarterly Rent Expense of $8.2 million for Q2 2026, up 20.19% year-over-year from $6.8 million in Q2 2025, and down 0.89% on a QoQ basis from $8.3 million in Q1 2026.
First Merchants (FRME) Rent Expense (2010 - 2026) Analysis & Trends
First Merchants has reported Rent Expense for 17 years, with the latest figure at $8.2 million in Q2 2026.
- Rent Expense for Q2 2026 came in at $8.2 million, up 20.19% year-over-year; the trailing twelve-month figure through Jun 2026 was $30.9 million (up 8.73% YoY), and the FY2025 annual result was $28.4 million, changed 0.05% from the prior year.
- Rent Expense slipped to $8.2 million in Q2 2026, from $8.3 million in the prior quarter.
- Over five years, Rent Expense peaked at $9.1 million in Q4 2023 and troughed at $6.2 million in Q1 2022.
- A 5-year average of $7.2 million and a median of $7.0 million in 2024 frame the typical range for Rent Expense.
- The widest annual swing landed in 2023, when Rent Expense soared 36.92%; it then fell 19.3% in 2024.
- A 5-year view of Rent Expense shows it stood at $6.6 million in 2022, then surged by 36.92% to $9.1 million in 2023, then declined by 19.3% to $7.3 million in 2024, then slipped by 0.71% to $7.3 million in 2025, then climbed by 12.96% to $8.2 million in 2026.
- Per Business Quant data, the three most recent Rent Expense figures were $8.2 million in Q2 2026, $8.3 million in Q1 2026, and $7.3 million in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.79 Bn | 84.59 Bn | - | - |
| 2 | Pnc Financial Services | 98.00 Bn | 98.00 Bn | - | 252.00 Mn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 303.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -423.97 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.21 Bn | -81.11 Bn | - | - |
| 7 | Nu Holdings | 70.63 Bn | 56.95 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.81 Bn | 61.81 Bn | - | 171.00 Mn |
| 9 | Fifth Third Bancorp | 49.98 Bn | 26.26 Bn | - | 154.00 Mn |
| 10 | First Merchants | 2.62 Bn | 2.62 Bn | 7.27 Mn | 8.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 8.23 Mn |
| Jun 30, 2026 | 8.23 Mn |
| Mar 31, 2026 | 8.30 Mn |
| Mar 31, 2026 | 8.30 Mn |
| Dec 31, 2025 | 7.28 Mn |
| Dec 31, 2025 | 7.28 Mn |
| Sep 30, 2025 | 7.06 Mn |
| Sep 30, 2025 | 7.06 Mn |
| Jun 30, 2025 | 6.85 Mn |
| Jun 30, 2025 | 6.85 Mn |
| Mar 31, 2025 | 7.22 Mn |
| Mar 31, 2025 | 7.22 Mn |
| Dec 31, 2024 | 7.34 Mn |
| Dec 31, 2024 | 7.34 Mn |
| Sep 30, 2024 | 6.99 Mn |
| Sep 30, 2024 | 6.99 Mn |
| Jun 30, 2024 | 6.75 Mn |
| Jun 30, 2024 | 6.75 Mn |
| Mar 31, 2024 | 7.31 Mn |
| Mar 31, 2024 | 7.31 Mn |