Meridian (MRBK) Rent Expense (2017 - 2026)

Meridian's (MRBK) quarterly Rent Expense came in at $1.2 million in Q1 2026, down 11.58% year-on-year from $1.3 million in Q1 2025, and down 2.23% on a QoQ basis 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.

  • On a quarterly basis, Rent Expense fell 11.58% year-over-year to $1.2 million in Q1 2026; TTM through Mar 2026 was $4.4 million, a 27.3% decrease from a year earlier, with the FY2025 full-year figure at $4.6 million, down 23.43% from the prior year.
  • Rent Expense for Q1 2026 stood at $1.2 million, down from $1.2 million in the prior quarter.
  • Over the last five years, Rent Expense for MRBK reached as high as $2.3 million in Q4 2024 and fell as low as $991000.0 in Q3 2025.
  • Historically, Rent Expense has averaged $1.3 million across 5 years, with a median of $1.2 million in 2023.
  • Across the five-year window, Rent Expense jumped 84.25% in 2024 and sank 46.7% in 2025, its largest moves.
  • Year by year, Rent Expense stood at $1.2 million in 2022, then increased by 1.15% to $1.2 million in 2023, then soared by 84.25% to $2.3 million in 2024, then sank by 46.7% to $1.2 million in 2025, then declined by 2.23% to $1.2 million in 2026.
  • Per Business Quant data, the three most recent Rent Expense figures were $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 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 -
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - -
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 -
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn -
5 Mizuho Financial 385.64 Bn 389.59 Bn - -
6 Lloyds Banking 358.14 Bn 358.14 Bn - -
7 First Capital 200.03 Bn 199.69 Bn - 634,000.00
8 Landmark Bancorp 187.97 Bn 187.94 Bn - 1.45 Mn
9 Pnc Financial Services 100.96 Bn 101.01 Bn - 262.00 Mn
10 Meridian 274.73 Mn 244.33 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