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First Merchants (FRME) Rent Expense (2016 - 2025)

Historic Rent Expense for First Merchants (FRME) over the last 10 years, with Q3 2025 value amounting to $7.1 million.

  • First Merchants' Rent Expense rose 90.08% to $7.1 million in Q3 2025 from the same period last year, while for Sep 2025 it was $28.0 million, marking a year-over-year increase of 59.36%. This contributed to the annual value of $28.4 million for FY2024, which is 492.98% down from last year.
  • Per First Merchants' latest filing, its Rent Expense stood at $7.1 million for Q3 2025, which was up 90.08% from $6.8 million recorded in Q2 2025.
  • In the past 5 years, First Merchants' Rent Expense ranged from a high of $9.1 million in Q4 2023 and a low of $5.6 million during Q3 2021
  • Moreover, its 5-year median value for Rent Expense was $6.7 million (2024), whereas its average is $6.8 million.
  • As far as peak fluctuations go, First Merchants' Rent Expense tumbled by 4153.11% in 2021, and later skyrocketed by 3692.38% in 2023.
  • Quarter analysis of 5 years shows First Merchants' Rent Expense stood at $5.6 million in 2021, then rose by 17.61% to $6.6 million in 2022, then soared by 36.92% to $9.1 million in 2023, then dropped by 19.3% to $7.3 million in 2024, then dropped by 3.79% to $7.1 million in 2025.
  • Its Rent Expense was $7.1 million in Q3 2025, compared to $6.8 million in Q2 2025 and $7.2 million in Q1 2025.