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| Date | Value |
|---|---|
| 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 |