Primis Financial (FRST) Rent Expense (2010 - 2026)
Primis Financial (FRST) posted quarterly Rent Expense of $2.6 million for Q1 2026, up 78.71% year-over-year from $1.4 million in Q1 2025, and little changed quarter-over-quarter from $2.5 million in Q4 2025.
Primis Financial (FRST) Rent Expense (2010 - 2026) Analysis & Trends
Primis Financial (FRST) has reported Rent Expense for 17 consecutive years, with $2.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Rent Expense rose 78.71% year-over-year to $2.6 million; the TTM figure through Mar 2026 stood at $8.0 million (up 49.22% YoY), while the FY2025 annual figure was $6.9 million, up 26.76% from the prior year.
- Rent Expense steadied at $2.6 million in Q1 2026 per FRST's latest filing, from $2.5 million in the prior quarter.
- Across five years, Rent Expense topped out at $2.6 million in Q1 2026 and bottomed at $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.
- Annual changes were most pronounced in 2024 — Rent Expense dropped 23.58% — and 2026, when it soared 78.71%.
- Primis Financial's Rent Expense stood at $1.4 million in 2022, then gained by 16.06% to $1.6 million in 2023, then declined by 8.99% to $1.4 million in 2024, then soared by 78.21% to $2.5 million in 2025, then increased by 0.35% to $2.6 million in 2026.
- Business Quant data shows FRST's Rent Expense at $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 | Hdfc Bank | 120.79 Bn | 84.59 Bn | - | - |
| 2 | Pnc Financial Services | 97.76 Bn | 97.76 Bn | - | 252.00 Mn |
| 3 | Us Bancorp | 95.81 Bn | 95.81 Bn | - | 303.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.66 Bn | -144.43 Bn | - | -423.97 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.84 Bn | -81.47 Bn | - | - |
| 7 | Nu Holdings | 70.83 Bn | 57.14 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.50 Bn | 61.50 Bn | - | 171.00 Mn |
| 9 | Fifth Third Bancorp | 49.52 Bn | 25.80 Bn | - | 154.00 Mn |
| 10 | Primis Financial | 398.19 Mn | 221.04 Mn | - | 2.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.65 Mn |
| Jun 30, 2026 | 2.65 Mn |
| 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 |