KPIs & Operating Metrics(New)

First Merchants (FRME) Rent Expense: 2009-2024

Historic Rent Expense for First Merchants (FRME) over the last 16 years, with Dec 2024 value amounting to $28.4 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 $28.4 million in FY2024, which was down 4.93% from $29.9 million recorded in FY2023.
  • First Merchants' Rent Expense's 5-year high stood at $29.9 million during FY2023, with a 5-year trough of $23.3 million in FY2021.
  • Over the past 3 years, First Merchants' median Rent Expense value was $28.4 million (recorded in 2024), while the average stood at $28.2 million.
  • As far as peak fluctuations go, First Merchants' Rent Expense soared by 36.62% in 2020, and later dropped by 12.82% in 2021.
  • Over the past 5 years, First Merchants' Rent Expense (Yearly) stood at $26.8 million in 2020, then dropped by 12.82% to $23.3 million in 2021, then increased by 12.37% to $26.2 million in 2022, then grew by 13.92% to $29.9 million in 2023, then declined by 4.93% to $28.4 million in 2024.