Primis Financial (FRST) Rent Expense (2010 - 2026)
Primis Financial's (FRST) quarterly Rent Expense came in at $2.6 million in Q2 2026, up 100.76% year-over-year from $1.3 million in Q2 2025, and up 3.68% quarter-over-quarter from $2.6 million in Q1 2026.
Analysis
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 Q2 2026.
- On a quarterly basis, Rent Expense rose 100.76% year-over-year to $2.6 million in Q2 2026; TTM through Jun 2026 was $9.3 million, a 71.85% increase from a year earlier, with the FY2025 full-year figure at $6.9 million, up 26.76% from the prior year.
- Rent Expense was $2.6 million for Q2 2026 at Primis Financial, up from $2.6 million in the prior quarter.
- Over five years, Rent Expense peaked at $2.6 million in Q2 2026 and troughed at $1.2 million in Q3 2024.
- A 5-year average of $1.6 million and a median of $1.5 million in 2022 frame the typical range for Rent Expense.
- Across the five-year window, Rent Expense slipped 23.58% in 2024 and surged 100.76% in 2026, its largest moves.
- Over 5 years, Rent Expense stood at $1.4 million in 2022, then increased by 16.06% to $1.6 million in 2023, then slipped by 8.99% to $1.4 million in 2024, then jumped by 78.21% to $2.5 million in 2025, then increased by 4.05% to $2.6 million in 2026.
- The last three Rent Expense figures came in at $2.6 million (Q2 2026), $2.6 million (Q1 2026), and $2.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 448.38 Bn | 568.32 Bn | - | - |
| 2 | Truist Financial | 63.10 Bn | 63.10 Bn | - | 171.00 Mn |
| 3 | Fifth Third Bancorp | 49.74 Bn | 26.02 Bn | - | 154.00 Mn |
| 4 | M&T Bank | 34.66 Bn | 34.66 Bn | - | 129.00 Mn |
| 5 | Huntington Bancshares | 34.41 Bn | 29.92 Bn | - | 90.00 Mn |
| 6 | Citizens Financial | 29.91 Bn | 29.91 Bn | - | 108.00 Mn |
| 7 | Regions Financial | 25.92 Bn | 25.99 Bn | - | 73.00 Mn |
| 8 | Keycorp | 23.68 Bn | -24.02 Bn | - | 68.00 Mn |
| 9 | First Citizens Bancshares | 22.94 Bn | 22.41 Bn | 29.00 Mn | 59.00 Mn |
| 10 | Primis Financial | 406.21 Mn | 229.06 Mn | - | 2.65 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.65 Mn |
| Mar 31, 2026 | 2.55 Mn |
| Dec 31, 2025 | 2.54 Mn |
| Sep 30, 2025 | 1.58 Mn |
| Jun 30, 2025 | 1.32 Mn |
| Mar 31, 2025 | 1.43 Mn |
| Dec 31, 2024 | 1.43 Mn |
| Sep 30, 2024 | 1.25 Mn |
| Jun 30, 2024 | 1.25 Mn |
| Mar 31, 2024 | 1.49 Mn |
| Dec 31, 2023 | 1.57 Mn |
| Sep 30, 2023 | 1.63 Mn |
| Jun 30, 2023 | 1.59 Mn |
| Mar 31, 2023 | 1.45 Mn |
| Dec 31, 2022 | 1.35 Mn |
| Sep 30, 2022 | 1.40 Mn |
| Jun 30, 2022 | 1.42 Mn |
| Mar 31, 2022 | 1.46 Mn |
| Dec 31, 2021 | 1.42 Mn |
| Sep 30, 2021 | 1.55 Mn |