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Primis Financial (FRST) Rent Expense (2019 - 2022)

Primis Financial (FRST) has disclosed Rent Expense for 4 consecutive years, with $1.4 million as the latest value for Q4 2022.

  • Quarterly Rent Expense fell 4.72% to $1.4 million in Q4 2022 from the year-ago period, while the trailing twelve-month figure was $5.6 million through Dec 2022, down 5.51% year-over-year, with the annual reading at $6.9 million for FY2025, 26.76% up from the prior year.
  • Rent Expense for Q4 2022 was $1.4 million at Primis Financial, down from $1.4 million in the prior quarter.
  • The five-year high for Rent Expense was $1.9 million in Q1 2020, with the low at $968000.0 in Q3 2019.
  • Average Rent Expense over 4 years is $1.5 million, with a median of $1.4 million recorded in 2020.
  • Peak annual rise in Rent Expense hit 47.93% in 2020, while the deepest fall reached 21.99% in 2020.
  • Over 4 years, Rent Expense stood at $1.6 million in 2019, then dropped by 16.3% to $1.4 million in 2020, then increased by 3.81% to $1.4 million in 2021, then fell by 4.72% to $1.4 million in 2022.
  • According to Business Quant data, Rent Expense over the past three periods came in at $1.4 million, $1.4 million, and $1.4 million for Q4 2022, Q3 2022, and Q2 2022 respectively.