First National (FXNC) Rent Expense (2010 - 2026)
First National's (FXNC) quarterly Rent Expense came in at $974000.0 in Q2 2026, up 3.18% on a YoY basis from $944000.0 in Q2 2025, and little changed quarter-over-quarter from $972000.0 in Q1 2026.
Analysis
First National (FXNC) Rent Expense (2010 - 2026) Analysis & Trends
First National (FXNC) has reported Rent Expense for 17 consecutive years, with $974000.0 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Rent Expense rose 3.18% year-over-year to $974000.0; the trailing twelve-month figure through Jun 2026 stood at $4.0 million (up 13.25% YoY), and the FY2025 full-year result was $4.0 million, up 56.78% from the prior year.
- Rent Expense was little changed at $974000.0 in Q2 2026 per FXNC's latest filing, from $972000.0 in the prior quarter.
- Across five years, Rent Expense topped out at $1.1 million in Q1 2025 and bottomed at $524000.0 in Q2 2023.
- Historically, Rent Expense has averaged $718055.6 across 5 years, with a median of $570000.0 in 2022.
- The sharpest annual moves came in 2025 and 2026: Rent Expense jumped 99.81% in 2025, then retreated 9.07% in 2026.
- Over 5 years, Rent Expense stood at $562000.0 in 2022, then grew by 1.07% to $568000.0 in 2023, then soared by 59.33% to $905000.0 in 2024, then gained by 10.06% to $996000.0 in 2025, then slipped by 2.21% to $974000.0 in 2026.
- According to Business Quant data, Rent Expense over the past three periods registered $974000.0, $972000.0, and $996000.0 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.96 Bn | 948.96 Bn | - | - |
| 2 | Truist Financial | 61.64 Bn | 61.64 Bn | - | 171.00 Mn |
| 3 | Fifth Third Bancorp | 49.62 Bn | 25.89 Bn | - | 154.00 Mn |
| 4 | M&T Bank | 34.88 Bn | 34.88 Bn | - | 129.00 Mn |
| 5 | Huntington Bancshares | 33.82 Bn | 29.29 Bn | - | 90.00 Mn |
| 6 | Citizens Financial | 29.46 Bn | 29.46 Bn | - | 108.00 Mn |
| 7 | Regions Financial | 25.57 Bn | 25.57 Bn | - | 73.00 Mn |
| 8 | First Citizens Bancshares | 25.00 Bn | 24.48 Bn | 29.00 Mn | 59.00 Mn |
| 9 | Keycorp | 23.27 Bn | -24.42 Bn | - | 68.00 Mn |
| 10 | First National | 279.01 Mn | 112.87 Mn | 1.60 Mn | 974,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 974,000.00 |
| Mar 31, 2026 | 972,000.00 |
| Dec 31, 2025 | 996,000.00 |
| Sep 30, 2025 | 1.03 Mn |
| Jun 30, 2025 | 944,000.00 |
| Mar 31, 2025 | 1.07 Mn |
| Dec 31, 2024 | 905,000.00 |
| Sep 30, 2024 | 585,000.00 |
| Jun 30, 2024 | 548,000.00 |
| Mar 31, 2024 | 535,000.00 |
| Dec 31, 2023 | 568,000.00 |
| Sep 30, 2023 | 534,000.00 |
| Jun 30, 2023 | 524,000.00 |
| Mar 31, 2023 | 528,000.00 |
| Dec 31, 2022 | 562,000.00 |
| Sep 30, 2022 | 539,000.00 |
| Jun 30, 2022 | 545,000.00 |
| Mar 31, 2022 | 572,000.00 |
| Dec 31, 2021 | 510,000.00 |
| Sep 30, 2021 | 500,000.00 |