First Merchants (FRME) Debt Ratio (2011 - 2026)

First Merchants has reported Debt Ratio for 16 years, with the latest figure at 0.0 in Q1 2026.

• For the quarter ending Q1 2026, Debt Ratio rose 20.66% year-over-year to 0.0; the trailing twelve-month figure through Mar 2026 stood at 0.0 (up 20.66% YoY), and the FY2025 full-year result was 0.0, down 61.18% from the prior year.
• Debt Ratio for Q1 2026 stood at 0.0, up from 0.0 in the prior quarter.
• The five-year high for Debt Ratio was 0.04 in Q3 2025, with the low at 0.0 in Q4 2025.
• Historically, Debt Ratio has averaged 0.01 across 5 years, with a median of 0.01 in 2023.
• Annual changes were most pronounced in 2024 — Debt Ratio tumbled 87.3% — and 2025, when it jumped 523.67%.
• First Merchants' Debt Ratio stood at 0.01 in 2022, then climbed by 1.67% to 0.01 in 2023, then dropped by 8.69% to 0.01 in 2024, then tumbled by 61.18% to 0.0 in 2025, then soared by 35.27% to 0.0 in 2026.
• The last three Debt Ratio figures came in at 0.0 (Q1 2026), 0.0 (Q4 2025), and 0.04 (Q3 2025), per Business Quant data.