Meridian (MRBK) Rent Expense (2017 - 2026)

Meridian (MRBK) reported Rent Expense of $1.2 million for Q1 2026, down 11.58% year-over-year from $1.3 million in Q1 2025, and down 2.23% quarter-over-quarter from $1.2 million in Q4 2025.

Meridian (MRBK) Rent Expense (2017 - 2026) Analysis & Trends

Meridian (MRBK) has 10 years of Rent Expense data on file, last reported at $1.2 million in Q1 2026.

  • Rent Expense for Q1 2026 came in at $1.2 million, down 11.58% year-over-year; the trailing twelve-month figure through Mar 2026 was $4.4 million (down 27.3% YoY), and the FY2025 annual result was $4.6 million, down 23.43% from the prior year.
  • Rent Expense retreated to $1.2 million in Q1 2026 per MRBK's latest filing, from $1.2 million in the prior quarter.
  • Over five years, Rent Expense peaked at $2.3 million in Q4 2024 and troughed at $991000.0 in Q3 2025.
  • A 5-year average of $1.3 million and a median of $1.2 million in 2023 frame the typical range for Rent Expense.
  • The sharpest annual moves came in 2024 and 2025: Rent Expense soared 84.25% in 2024, then tumbled 46.7% in 2025.
  • A 5-year view of Rent Expense shows it stood at $1.2 million in 2022, then advanced by 1.15% to $1.2 million in 2023, then soared by 84.25% to $2.3 million in 2024, then plunged by 46.7% to $1.2 million in 2025, then decreased by 2.23% to $1.2 million in 2026.
  • Business Quant data shows MRBK's Rent Expense at $1.2 million in Q1 2026, $1.2 million in Q4 2025, and $991000.0 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -
4 First Capital 215.78 Bn 215.63 Bn - 634,000.00
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 1.45 Mn
7 NatWest 168.65 Bn -51.67 Bn - -
8 Shinhan Financial 136.54 Bn 104.11 Bn - -
9 Mizuho Financial 112.02 Bn 112.56 Bn - -
10 Meridian 235.98 Mn 205.58 Mn - 1.18 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.18 Mn
Mar 31, 2026 1.18 Mn
Dec 31, 2025 1.21 Mn
Dec 31, 2025 1.21 Mn
Sep 30, 2025 991,000.00
Sep 30, 2025 991,000.00
Jun 30, 2025 1.04 Mn
Jun 30, 2025 1.04 Mn
Mar 31, 2025 1.34 Mn
Mar 31, 2025 1.34 Mn
Dec 31, 2024 2.27 Mn
Dec 31, 2024 2.27 Mn
Sep 30, 2024 1.24 Mn
Sep 30, 2024 1.24 Mn
Jun 30, 2024 1.23 Mn
Jun 30, 2024 1.23 Mn
Mar 31, 2024 1.23 Mn
Mar 31, 2024 1.23 Mn
Dec 31, 2023 1.23 Mn
Dec 31, 2023 1.23 Mn