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First Merchants (FRME) Rent Expense: 2016-2025

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

  • First Merchants' Rent Expense rose 0.90% to $7.1 million in Q3 2025 from the same period last year, while for Sep 2025 it was $28.5 million, marking a year-over-year decrease of 5.60%. This contributed to the annual value of $28.4 million for FY2024, which is 4.93% down from last year.
  • First Merchants' Rent Expense amounted to $7.1 million in Q3 2025, which was up 3.10% from $6.8 million recorded in Q2 2025.
  • In the past 5 years, First Merchants' Rent Expense registered a high of $9.1 million during Q4 2023, and its lowest value of $5.6 million during Q3 2021.
  • Over the past 3 years, First Merchants' median Rent Expense value was $7.1 million (recorded in 2025), while the average stood at $7.2 million.
  • Per our database at Business Quant, First Merchants' Rent Expense slumped by 41.53% in 2021 and then skyrocketed by 36.92% in 2023.
  • Over the past 5 years, First Merchants' Rent Expense (Quarterly) stood at $5.6 million in 2021, then climbed by 17.61% to $6.6 million in 2022, then spiked by 36.92% to $9.1 million in 2023, then declined by 19.30% to $7.3 million in 2024, then rose by 0.90% 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.