KPIs & Operating Metrics(New)

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

First Merchants posted quarterly Interest Expense - Debt of $1.2 million for Q1 2026, down 87.15% year-on-year from $9.4 million in Q1 2025, and up 105.08% on a QoQ basis from -$23.7 million in Q4 2025.

First Merchants (FRME) has 17 years of Interest Expense - Debt data on file, last reported at $1.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Interest Expense - Debt fell 87.15% year-over-year to $1.2 million; the trailing twelve-month figure through Mar 2026 stood at -$4.1 million (down 121.77% YoY), and the FY2025 full-year result was $4.1 million, down 44.78% from the prior year.
  • Interest Expense - Debt for Q1 2026 stood at $1.2 million, up from -$23.7 million in the prior quarter.
  • Across five years, Interest Expense - Debt topped out at $9.7 million in Q2 2025 and bottomed at -$23.7 million in Q4 2025.
  • The 5-year median for Interest Expense - Debt is $2.7 million (2024), against an average of $2.8 million.
  • The widest annual swing landed in 2023, when Interest Expense - Debt jumped 479.97%; it then slumped 1616.79% in 2025.
  • A 5-year view of Interest Expense - Debt shows it stood at $1.5 million in 2022, then soared by 321.98% to $6.4 million in 2023, then plunged by 75.74% to $1.6 million in 2024, then plunged by 1616.79% to -$23.7 million in 2025, then jumped by 105.08% to $1.2 million in 2026.
  • The last three Interest Expense - Debt figures came in at $1.2 million (Q1 2026), -$23.7 million (Q4 2025), and $8.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense - Debt (Qtr)
1 Bank Of Chile 90,891.20 Bn 90,891.20 Bn - -
2 Bank Bradesco 6,807.69 Bn 6,791.75 Bn - -
3 Lloyds Banking 426.28 Bn 426.28 Bn - -
4 NatWest 184.56 Bn 184.56 Bn - -
5 First Capital 181.18 Bn 181.03 Bn - -
6 Landmark Bancorp 164.67 Bn 164.64 Bn - 277,000.00
7 Deutsche Bank Aktiengesellschaft 161.63 Bn -151,939.28 Bn - -
8 KB Financial 150.02 Bn 142.15 Bn - -
9 Pnc Financial Services 88.79 Bn 88.84 Bn - 748.00 Mn
10 First Merchants 2.44 Bn 2.44 Bn -1.01 Mn 1.20 Mn

Historic Data

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DateValue
Mar 31, 2026 1.20 Mn
Dec 31, 2025 -23.66 Mn
Sep 30, 2025 8.64 Mn
Jun 30, 2025 9.71 Mn
Mar 31, 2025 9.36 Mn
Dec 31, 2024 1.56 Mn
Sep 30, 2024 1.54 Mn
Jun 30, 2024 6.40 Mn
Mar 31, 2024 2.75 Mn
Dec 31, 2023 6.43 Mn
Sep 30, 2023 6.90 Mn
Jun 30, 2023 2.41 Mn
Mar 31, 2023 7.06 Mn
Dec 31, 2022 1.52 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
Mar 31, 2021 1.44 Mn
Dec 31, 2020 1.66 Mn
Sep 30, 2020 1.75 Mn
Jun 30, 2020 1.79 Mn
Mar 31, 2020 1.77 Mn
Dec 31, 2019 1.78 Mn
Sep 30, 2019 1.89 Mn
Jun 30, 2019 1.69 Mn
Mar 31, 2019 1.81 Mn
Dec 31, 2018 1.69 Mn
Sep 30, 2018 2.14 Mn
Jun 30, 2018 1.85 Mn
Mar 31, 2018 2.16 Mn
Dec 31, 2017 1.58 Mn
Sep 30, 2017 1.46 Mn
Jun 30, 2017 1.18 Mn
Mar 31, 2017 978,000.00
Dec 31, 2016 797,000.00
Sep 30, 2016 853,000.00
Jun 30, 2016 818,000.00
Mar 31, 2016 796,000.00
Dec 31, 2015 728,000.00
Sep 30, 2015 711,000.00
Jun 30, 2015 706,000.00
Mar 31, 2015 691,000.00
Dec 31, 2014 750,000.00
Sep 30, 2014 734,000.00
Jun 30, 2014 676,000.00
Mar 31, 2014 682,000.00
Dec 31, 2013 669,000.00
Sep 30, 2013 506,000.00
Jun 30, 2013 462,000.00
Mar 31, 2013 459,000.00
Dec 31, 2012 501,000.00
Sep 30, 2012 492,000.00
Jun 30, 2012 637,000.00
Mar 31, 2012 994,000.00
Dec 31, 2011 1.11 Mn
Sep 30, 2011 1.09 Mn
Jun 30, 2011 977,000.00
Mar 31, 2011 1.00 Mn
Dec 31, 2010 1.15 Mn
Sep 30, 2010 1.22 Mn
Jun 30, 2010 1.44 Mn