Southern First Bancshares (SFST) Rent Expense (2010 - 2026)
Southern First Bancshares' (SFST) quarterly Rent Expense came in at $2.5 million in Q1 2026, down 2.28% year-on-year from $2.5 million in Q1 2025, and up 0.97% on a QoQ basis 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.
- On a quarterly basis, Rent Expense fell 2.28% year-over-year to $2.5 million in Q1 2026; TTM through Mar 2026 was $9.9 million, a 3.46% decrease from a year earlier, with the FY2025 full-year figure at $10.0 million, down 2.99% from the prior year.
- Rent Expense for Q1 2026 stood at $2.5 million, up from $2.5 million in the prior quarter.
- Over the last five years, Rent Expense for SFST reached as high as $2.7 million in Q4 2023 and fell as low as $1.8 million in Q1 2022.
- Historically, Rent Expense has averaged $2.5 million across 5 years, with a median of $2.5 million in 2025.
- Across the five-year window, Rent Expense soared 44.93% in 2022 and retreated 5.7% in 2025, its largest moves.
- Year by year, Rent Expense stood at $2.7 million in 2022, then increased by 1.95% to $2.7 million in 2023, then retreated 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.
- Per Business Quant data, the three most recent Rent Expense figures were $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 | 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 | Southern First Bancshares | 499.40 Mn | 151.41 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 |