First Merchants (FRME) Interest Expense - Debt (2010 - 2026)

First Merchants' (FRME) quarterly Interest Expense - Debt came in at $1.2 million in Q1 2026, up 53.64% year-on-year from $783000.0 in Q1 2025, and down 85.05% quarter-over-quarter from $8.0 million in Q4 2025.

First Merchants (FRME) Interest Expense - Debt (2010 - 2026) Analysis & Trends

First Merchants' Interest Expense - Debt history runs 17 years deep, the most recent figure standing at $1.2 million for Q1 2026.

  • On a quarterly basis, Interest Expense - Debt rose 53.64% year-over-year to $1.2 million in Q1 2026; TTM through Mar 2026 was $11.5 million, a 71.17% decrease from a year earlier, with the FY2025 full-year figure at $35.8 million, up 19.66% from the prior year.
  • Interest Expense - Debt retreated to $1.2 million in Q1 2026 per FRME's latest filing, from $8.0 million in the prior quarter.
  • Across five years, Interest Expense - Debt topped out at $24.1 million in Q4 2024 and bottomed at $783000.0 in Q1 2025.
  • The 5-year median for Interest Expense - Debt is $2.7 million (2024), against an average of $4.7 million.
  • Across the five-year window, Interest Expense - Debt soared 700.03% in 2024 and sank 87.21% in 2025, its largest moves.
  • Year by year, Interest Expense - Debt stood at $4.9 million in 2022, then plunged by 38.91% to $3.0 million in 2023, then jumped by 700.03% to $24.1 million in 2024, then slumped by 66.62% to $8.0 million in 2025, then sank by 85.05% to $1.2 million in 2026.
  • Per Business Quant, the three latest FRME Interest Expense - Debt figures stand at $1.2 million (Q1 2026), $8.0 million (Q4 2025), and $1.1 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense - Debt (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 - -
8 Landmark Bancorp 187.97 Bn 187.94 Bn - 277,000.00
9 Pnc Financial Services 100.96 Bn 101.01 Bn - 748.00 Mn
10 First Merchants 2.62 Bn 2.62 Bn 7.44 Mn 1.20 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.20 Mn
Dec 31, 2025 8.05 Mn
Sep 30, 2025 1.09 Mn
Jun 30, 2025 1.14 Mn
Mar 31, 2025 783,000.00
Dec 31, 2024 24.11 Mn
Sep 30, 2024 8.54 Mn
Jun 30, 2024 6.40 Mn
Mar 31, 2024 2.75 Mn
Dec 31, 2023 3.01 Mn
Sep 30, 2023 2.51 Mn
Jun 30, 2023 2.41 Mn
Mar 31, 2023 7.06 Mn
Dec 31, 2022 4.93 Mn
Sep 30, 2022 3.49 Mn
Jun 30, 2022 1.77 Mn
Mar 31, 2022 1.22 Mn
Dec 31, 2021 1.39 Mn
Sep 30, 2021 1.39 Mn
Jun 30, 2021 1.45 Mn