Southern First Bancshares (SFST) Rent Expense (2010 - 2026)
Southern First Bancshares (SFST) reported Rent Expense of $2.5 million for Q1 2026, down 2.28% year-over-year from $2.5 million in Q1 2025, and up 0.97% quarter-over-quarter from $2.5 million in Q4 2025.
Southern First Bancshares (SFST) Rent Expense (2010 - 2026) Analysis & Trends
Southern First Bancshares (SFST) has 17 years of Rent Expense data on file, last reported at $2.5 million in Q1 2026.
- Rent Expense for Q1 2026 came in at $2.5 million, down 2.28% year-over-year; the trailing twelve-month figure through Mar 2026 was $9.9 million (down 3.46% YoY), and the FY2025 annual result was $10.0 million, down 2.99% from the prior year.
- Rent Expense climbed to $2.5 million in Q1 2026 per SFST's latest filing, from $2.5 million in the prior quarter.
- Over five years, Rent Expense peaked at $2.7 million in Q4 2023 and troughed at $1.8 million in Q1 2022.
- A 5-year average of $2.5 million and a median of $2.5 million in 2025 frame the typical range for Rent Expense.
- The sharpest annual moves came in 2022 and 2025: Rent Expense surged 44.93% in 2022, then slipped 5.7% in 2025.
- A 5-year view of Rent Expense shows it stood at $2.7 million in 2022, then advanced by 1.95% to $2.7 million in 2023, then dropped by 4.82% to $2.6 million in 2024, then retreated by 4.68% to $2.5 million in 2025, then advanced by 0.97% to $2.5 million in 2026.
- Business Quant data shows SFST's Rent Expense at $2.5 million in Q1 2026, $2.5 million in Q4 2025, and $2.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 634,000.00 |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 1.45 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Southern First Bancshares | 496.58 Mn | 148.59 Mn | 1.09 Mn | 2.49 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.49 Mn |
| Mar 31, 2026 | 2.49 Mn |
| Dec 31, 2025 | 2.47 Mn |
| Dec 31, 2025 | 2.47 Mn |
| Sep 30, 2025 | 2.45 Mn |
| Sep 30, 2025 | 2.45 Mn |
| Jun 30, 2025 | 2.52 Mn |
| Jun 30, 2025 | 2.52 Mn |
| Mar 31, 2025 | 2.55 Mn |
| Mar 31, 2025 | 2.55 Mn |
| Dec 31, 2024 | 2.59 Mn |
| Dec 31, 2024 | 2.59 Mn |
| Sep 30, 2024 | 2.60 Mn |
| Sep 30, 2024 | 2.60 Mn |
| Jun 30, 2024 | 2.55 Mn |
| Jun 30, 2024 | 2.55 Mn |
| Mar 31, 2024 | 2.56 Mn |
| Mar 31, 2024 | 2.56 Mn |
| Dec 31, 2023 | 2.72 Mn |
| Dec 31, 2023 | 2.72 Mn |