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Ratios

Southern First Bancshares (SFST) Rent Expense (2016 - 2026)

Southern First Bancshares (SFST) has disclosed Rent Expense for 11 consecutive years, with $2.5 million as the latest value for Q1 2026.

  • For Q1 2026, Rent Expense fell 2.28% year-over-year to $2.5 million; the TTM value through Mar 2026 reached $9.9 million, down 3.46%, while the annual FY2025 figure was $10.0 million, 2.99% down from the prior year.
  • Rent Expense hit $2.5 million in Q1 2026 for Southern First Bancshares, up from $2.5 million in the prior quarter.
  • Across five years, Rent Expense topped out at $2.7 million in Q4 2023 and bottomed at $1.8 million in Q1 2022.
  • Average Rent Expense over 5 years is $2.5 million, with a median of $2.5 million recorded in 2025.
  • Year-over-year, Rent Expense skyrocketed 44.93% in 2022 and then decreased 5.7% in 2025.
  • Southern First Bancshares' Rent Expense stood at $2.7 million in 2022, then increased by 1.95% to $2.7 million in 2023, then dropped by 4.82% to $2.6 million in 2024, then dropped by 4.68% to $2.5 million in 2025, then increased by 0.97% to $2.5 million in 2026.
  • According to Business Quant data, Rent Expense over the past three periods came in at $2.5 million, $2.5 million, and $2.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.