Primis Financial (FRST) Rent Expense (2010 - 2026)
Primis Financial's (FRST) quarterly Rent Expense came in at $2.6 million in Q1 2026, up 78.71% year-on-year from $1.4 million in Q1 2025, and little changed on a QoQ basis from $2.5 million in Q4 2025.
Primis Financial (FRST) Rent Expense (2010 - 2026) Analysis & Trends
Primis Financial (FRST) has 17 years of Rent Expense data on file, last reported at $2.6 million in Q1 2026.
- On a quarterly basis, Rent Expense rose 78.71% year-over-year to $2.6 million in Q1 2026; TTM through Mar 2026 was $8.0 million, a 49.22% increase from a year earlier, with the FY2025 full-year figure at $6.9 million, up 26.76% from the prior year.
- Rent Expense for Q1 2026 stood at $2.6 million, roughly flat from $2.5 million in the prior quarter.
- Over the last five years, Rent Expense for FRST reached as high as $2.6 million in Q1 2026 and fell as low as $1.2 million in Q3 2024.
- Historically, Rent Expense has averaged $1.6 million across 5 years, with a median of $1.4 million in 2023.
- Across the five-year window, Rent Expense decreased 23.58% in 2024 and jumped 78.71% in 2026, its largest moves.
- Year by year, Rent Expense stood at $1.4 million in 2022, then climbed by 16.06% to $1.6 million in 2023, then retreated by 8.99% to $1.4 million in 2024, then surged by 78.21% to $2.5 million in 2025, then gained by 0.35% to $2.6 million in 2026.
- Per Business Quant data, the three most recent Rent Expense figures were $2.6 million in Q1 2026, $2.5 million in Q4 2025, and $1.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 42,090.38 Bn | 42,090.38 Bn | -786,828.77 | - |
| 2 | Shinhan Financial | 33,919.15 Bn | 33,919.15 Bn | - | - |
| 3 | Bank Of Chile | 4,123.52 Bn | 4,123.52 Bn | 167,623.00 | - |
| 4 | Lloyds Banking | 360.83 Bn | 360.83 Bn | - | - |
| 5 | First Capital | 204.17 Bn | 203.82 Bn | - | 634,000.00 |
| 6 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 1.45 Mn |
| 7 | NatWest | 144.82 Bn | -51.17 Bn | - | -420.63 Mn |
| 8 | Pnc Financial Services | 101.80 Bn | 101.80 Bn | - | 262.00 Mn |
| 9 | Us Bancorp | 99.51 Bn | 99.51 Bn | - | 304.00 Mn |
| 10 | Primis Financial | 377.50 Mn | 217.62 Mn | - | 2.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.55 Mn |
| Mar 31, 2026 | 2.55 Mn |
| Dec 31, 2025 | 2.54 Mn |
| Dec 31, 2025 | 2.54 Mn |
| Sep 30, 2025 | 1.58 Mn |
| Sep 30, 2025 | 1.58 Mn |
| Jun 30, 2025 | 1.32 Mn |
| Jun 30, 2025 | 1.32 Mn |
| Mar 31, 2025 | 1.43 Mn |
| Mar 31, 2025 | 1.43 Mn |
| Dec 31, 2024 | 1.43 Mn |
| Dec 31, 2024 | 1.43 Mn |
| Sep 30, 2024 | 1.25 Mn |
| Sep 30, 2024 | 1.25 Mn |
| Jun 30, 2024 | 1.25 Mn |
| Jun 30, 2024 | 1.25 Mn |
| Mar 31, 2024 | 1.49 Mn |
| Mar 31, 2024 | 1.49 Mn |
| Dec 31, 2023 | 1.57 Mn |
| Dec 31, 2023 | 1.57 Mn |