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First Merchants (FRME) Interest Coverage Ratio: 2009-2024

Historic Interest Coverage Ratio for First Merchants (FRME) over the last 16 years, with Dec 2024 value amounting to -0.83.

  • First Merchants' Interest Coverage Ratio fell 10.67% to -0.88 in Q3 2025 from the same period last year, while for Sep 2025 it was -0.90, marking a year-over-year decrease of 7.04%. This contributed to the annual value of -0.83 for FY2024, which is 21.14% up from last year.
  • According to the latest figures from FY2024, First Merchants' Interest Coverage Ratio is -0.83, which was up 21.14% from -1.05 recorded in FY2023.
  • First Merchants' 5-year Interest Coverage Ratio high stood at -0.83 for FY2024, and its period low was -7.14 during FY2021.
  • Over the past 3 years, First Merchants' median Interest Coverage Ratio value was -1.05 (recorded in 2023), while the average stood at -1.94.
  • As far as peak fluctuations go, First Merchants' Interest Coverage Ratio tumbled by 92.39% in 2021, and later spiked by 73.40% in 2023.
  • Over the past 5 years, First Merchants' Interest Coverage Ratio (Yearly) stood at -3.71 in 2020, then slumped by 92.39% to -7.14 in 2021, then skyrocketed by 44.86% to -3.94 in 2022, then spiked by 73.40% to -1.05 in 2023, then grew by 21.14% to -0.83 in 2024.