First Merchants (FRMEP) Rent Expense (2010 - 2026)

First Merchants has reported Rent Expense for 17 years, with the latest figure at $8.2 million in Q2 2026.

• On a quarterly basis, Rent Expense rose 20.19% year-over-year to $8.2 million in Q2 2026; TTM through Jun 2026 was $30.9 million, a 8.73% increase from a year earlier, with the FY2025 full-year figure at $28.4 million, changed 0.05% from the prior year.
• Rent Expense was $8.2 million for Q2 2026 at First Merchants, down from $8.3 million in the prior quarter.
• The five-year high for Rent Expense was $9.1 million in Q4 2023, with the low at $6.2 million in Q1 2022.
• Average Rent Expense over 5 years is $7.2 million, with a median of $7.0 million recorded in 2024.
• The sharpest annual moves came in 2023 and 2024: Rent Expense jumped 36.92% in 2023, then dropped 19.3% in 2024.
• Over 5 years, Rent Expense stood at $6.6 million in 2022, then jumped by 36.92% to $9.1 million in 2023, then retreated by 19.3% to $7.3 million in 2024, then declined by 0.71% to $7.3 million in 2025, then increased by 12.96% to $8.2 million in 2026.
• The last three Rent Expense figures came in at $8.2 million (Q2 2026), $8.3 million (Q1 2026), and $7.3 million (Q4 2025), per Business Quant data.