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% on a QoQ basis from $1.2 million in Q4 2025.
Meridian (MRBK) has 10 years of Rent Expense data on file, last reported at $1.2 million in Q1 2026.
- Quarterly Rent Expense fell 11.58% year-over-year to $1.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.4 million (down 27.3% YoY) and the FY2025 annual result came in at $4.6 million, down 23.43% from the prior year.
- Rent Expense slipped to $1.2 million in Q1 2026 per MRBK's latest filing, from $1.2 million in the prior quarter.
- Across five years, Rent Expense topped out at $2.3 million in Q4 2024 and bottomed at $991000.0 in Q3 2025.
- The 5-year median for Rent Expense is $1.2 million (2023), against an average of $1.3 million.
- The widest annual swing landed in 2024, when Rent Expense jumped 84.25%; it then sank 46.7% in 2025.
- Tracing MRBK's Rent Expense over 5 years: stood at $1.2 million in 2022, then rose by 1.15% to $1.2 million in 2023, then jumped by 84.25% to $2.3 million in 2024, then slumped by 46.7% to $1.2 million in 2025, then fell by 2.23% to $1.2 million in 2026.
- Per Business Quant, the three latest MRBK Rent Expense figures stand at $1.2 million (Q1 2026), $1.2 million (Q4 2025), and $991000.0 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | - |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 634,000.00 |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 1.45 Mn |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | - |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | - |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 262.00 Mn |
| 10 | Meridian | 209.47 Mn | 179.06 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 |
| Sep 30, 2023 | 1.23 Mn |
| Sep 30, 2023 | 1.23 Mn |
| Jun 30, 2023 | 1.14 Mn |
| Jun 30, 2023 | 1.14 Mn |
| Mar 31, 2023 | 1.24 Mn |
| Mar 31, 2023 | 1.24 Mn |
| Dec 31, 2022 | 1.22 Mn |
| Dec 31, 2022 | 1.22 Mn |
| Sep 30, 2022 | 1.19 Mn |
| Sep 30, 2022 | 1.19 Mn |
| Jun 30, 2022 | 1.18 Mn |
| Jun 30, 2022 | 1.18 Mn |
| Mar 31, 2022 | 1.25 Mn |
| Mar 31, 2022 | 1.25 Mn |
| Dec 31, 2021 | 1.09 Mn |
| Dec 31, 2021 | 1.09 Mn |
| Sep 30, 2021 | 1.13 Mn |
| Sep 30, 2021 | 1.13 Mn |
| Jun 30, 2021 | 1.18 Mn |
| Jun 30, 2021 | 1.18 Mn |
| Mar 31, 2021 | 1.15 Mn |
| Mar 31, 2021 | 1.15 Mn |
| Dec 31, 2020 | 1.13 Mn |
| Dec 31, 2020 | 1.13 Mn |
| Sep 30, 2020 | 1.11 Mn |
| Sep 30, 2020 | 1.11 Mn |
| Jun 30, 2020 | 1.13 Mn |
| Jun 30, 2020 | 1.13 Mn |
| Mar 31, 2020 | 924,000.00 |
| Mar 31, 2020 | 924,000.00 |
| Dec 31, 2019 | 961,000.00 |
| Dec 31, 2019 | 961,000.00 |
| Sep 30, 2019 | 946,000.00 |
| Sep 30, 2019 | 946,000.00 |
| Jun 30, 2019 | 936,000.00 |
| Jun 30, 2019 | 936,000.00 |
| Mar 31, 2019 | 963,000.00 |
| Mar 31, 2019 | 963,000.00 |
| Dec 31, 2018 | 909,000.00 |
| Dec 31, 2018 | 909,000.00 |
| Sep 30, 2018 | 920,000.00 |
| Sep 30, 2018 | 920,000.00 |
| Jun 30, 2018 | 990,000.00 |
| Jun 30, 2018 | 990,000.00 |
| Mar 31, 2018 | 960,000.00 |
| Mar 31, 2018 | 960,000.00 |
| Dec 31, 2017 | 981,000.00 |
| Dec 31, 2017 | 981,000.00 |
| Sep 30, 2017 | 992,000.00 |
| Sep 30, 2017 | 992,000.00 |