Meridian (MRBK) Rent Expense (2017 - 2026)
Meridian (MRBK) recorded Rent Expense of $1.17 million in Q2 2026, up 13.0% from $1.04 million a year earlier but down 0.9% from the prior quarter.
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Analysis
Meridian (MRBK) Rent Expense (2017 - 2026) Analysis & Trends
On a TTM basis, Meridian's Rent Expense came in at $4.56 million as of Jun 30, 2026, down 22.6% year-over-year; for FY2025, it came in at $4.58 million, down 23.4% from FY2024.
- Annual Rent Expense has a five-year compound annual growth rate of 1.3% (FY2020 to FY2025).
- Across earlier years, Rent Expense came in at $5.98 million in FY2024 (+23.4%), $4.84 million in FY2023 (+0.1%), $4.84 million in FY2022 (+6.4%) and $4.55 million in FY2021 (+5.9%).
- Quarterly Rent Expense has ranged from $991,000 in Q3 2025 to $2.27 million in Q4 2024 over the past five years.
- On a year-over-year basis, Rent Expense rose in four of the last eight quarters, with growth averaging 1.6%.
- Peak year-over-year performance for Rent Expense in the last five years was growth of 84.3% in Q4 2024, against a decline of 46.7% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.18 million (Q1 2026), $1.21 million (Q4 2025) and $991,000 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 890.60 Bn | 920.07 Bn | - | 1.48 Bn |
| 2 | Banco Santander Chile | 421.74 Bn | 541.68 Bn | - | - |
| 3 | Bank Of America | 385.85 Bn | -1,990.22 Bn | - | 1.91 Bn |
| 4 | Hsbc Holdings | 345.94 Bn | 345.99 Bn | - | - |
| 5 | Morgan Stanley | 303.15 Bn | -205.95 Bn | - | 482.00 Mn |
| 6 | Royal Bank Of Canada | 279.82 Bn | 130.57 Bn | - | 316.29 Mn |
| 7 | Mitsubishi Ufj Financial | 274.62 Bn | -1,313.87 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 267.07 Bn | -3,290.04 Bn | - | 244.00 Mn |
| 9 | Wells Fargo & Company | 243.79 Bn | 245.93 Bn | - | 803.00 Mn |
| 10 | Meridian | 225.84 Mn | 217.24 Mn | - | 1.17 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.17 Mn |
| Mar 31, 2026 | 1.18 Mn |
| Dec 31, 2025 | 1.21 Mn |
| Sep 30, 2025 | 991,000.00 |
| Jun 30, 2025 | 1.04 Mn |
| Mar 31, 2025 | 1.34 Mn |
| Dec 31, 2024 | 2.27 Mn |
| Sep 30, 2024 | 1.24 Mn |
| Jun 30, 2024 | 1.23 Mn |
| Mar 31, 2024 | 1.23 Mn |
| Dec 31, 2023 | 1.23 Mn |
| Sep 30, 2023 | 1.23 Mn |
| Jun 30, 2023 | 1.14 Mn |
| Mar 31, 2023 | 1.24 Mn |
| Dec 31, 2022 | 1.22 Mn |
| Sep 30, 2022 | 1.19 Mn |
| Jun 30, 2022 | 1.18 Mn |
| Mar 31, 2022 | 1.25 Mn |
| Dec 31, 2021 | 1.09 Mn |
| Sep 30, 2021 | 1.13 Mn |
API Access
Meridian Rent Expense API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=rent-expense&ticker=MRBK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "rent-expense", "ticker": "MRBK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=rent-expense&ticker=MRBK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();