First Merchants (FRME) Interest Coverage Ratio (2016 - 2025)
Historic Interest Coverage Ratio for First Merchants (FRME) over the last 10 years, with Q3 2025 value amounting to 0.88.
- First Merchants' Interest Coverage Ratio fell 1066.65% to 0.88 in Q3 2025 from the same period last year, while for Sep 2025 it was 0.9, marking a year-over-year decrease of 704.08%. This contributed to the annual value of 0.83 for FY2024, which is 2114.49% up from last year.
- Latest data reveals that First Merchants reported Interest Coverage Ratio of 0.88 as of Q3 2025, which was down 1066.65% from 0.9 recorded in Q2 2025.
- In the past 5 years, First Merchants' Interest Coverage Ratio registered a high of 0.78 during Q2 2024, and its lowest value of 9.05 during Q1 2022.
- Over the past 5 years, First Merchants' median Interest Coverage Ratio value was 1.03 (recorded in 2023), while the average stood at 3.23.
- As far as peak fluctuations go, First Merchants' Interest Coverage Ratio plummeted by 17248.83% in 2021, and later skyrocketed by 8589.96% in 2023.
- Over the past 5 years, First Merchants' Interest Coverage Ratio (Quarter) stood at 7.71 in 2021, then skyrocketed by 73.64% to 2.03 in 2022, then soared by 52.55% to 0.96 in 2023, then increased by 6.66% to 0.9 in 2024, then grew by 1.63% to 0.88 in 2025.
- Its Interest Coverage Ratio stands at 0.88 for Q3 2025, versus 0.9 for Q2 2025 and 0.93 for Q1 2025.