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Primis Financial (FRST) Rent Expense: 2019-2022

Historic Rent Expense for Primis Financial (FRST) over the last 4 years, with Dec 2022 value amounting to $1.4 million.

  • Primis Financial's Rent Expense fell 4.72% to $1.4 million in Q4 2022 from the same period last year, while for Dec 2022 it was $5.6 million, marking a year-over-year decrease of 5.51%. This contributed to the annual value of $5.4 million for FY2024, which is 13.21% down from last year.
  • As of Q4 2022, Primis Financial's Rent Expense stood at $1.4 million, which was down 3.64% from $1.4 million recorded in Q3 2022.
  • In the past 5 years, Primis Financial's Rent Expense ranged from a high of $1.9 million in Q1 2020 and a low of $968,000 during Q3 2019.
  • Moreover, its 3-year median value for Rent Expense was $1.4 million (2020), whereas its average is $1.5 million.
  • Examining YoY changes over the last 5 years, Primis Financial's Rent Expense showed a top increase of 47.93% in 2020 and a maximum decrease of 21.99% in 2020.
  • Primis Financial's Rent Expense (Quarterly) stood at $1.6 million in 2019, then decreased by 16.30% to $1.4 million in 2020, then rose by 3.81% to $1.4 million in 2021, then declined by 4.72% to $1.4 million in 2022.
  • Its last three reported values are $1.4 million in Q4 2022, $1.4 million for Q3 2022, and $1.4 million during Q2 2022.