First Merchants (FRME) Rent Expense (2016 - 2026)
First Merchants (FRME) has disclosed Rent Expense for 11 consecutive years, with $8.3 million as the latest value for Q1 2026.
- For Q1 2026, Rent Expense rose 15.04% year-over-year to $8.3 million; the TTM value through Mar 2026 reached $29.5 million, up 4.22%, while the annual FY2025 figure was $28.4 million, 0.05% changed from the prior year.
- Rent Expense hit $8.3 million in Q1 2026 for First Merchants, up from $7.3 million in the prior quarter.
- Across five years, Rent Expense topped out at $9.1 million in Q4 2023 and bottomed at $6.2 million in Q1 2022.
- Average Rent Expense over 5 years is $7.1 million, with a median of $7.0 million recorded in 2024.
- Year-over-year, Rent Expense skyrocketed 36.92% in 2023 and then dropped 19.3% in 2024.
- First Merchants' Rent Expense stood at $6.6 million in 2022, then skyrocketed by 36.92% to $9.1 million in 2023, then dropped by 19.3% to $7.3 million in 2024, then decreased by 0.71% to $7.3 million in 2025, then rose by 13.98% to $8.3 million in 2026.
- According to Business Quant data, Rent Expense over the past three periods came in at $8.3 million, $7.3 million, and $7.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.