First Merchants (FRME) Interest Expense - Debt (2010 - 2026)
First Merchants (FRME) posted quarterly Interest Expense - Debt of $13.2 million for Q2 2026, up 35.78% year-over-year from $9.7 million in Q2 2025, and up 19.39% on a QoQ basis from $11.0 million in Q1 2026.
First Merchants (FRME) Interest Expense - Debt (2010 - 2026) Analysis & Trends
First Merchants has reported Interest Expense - Debt for 17 years, with the latest figure at $13.2 million in Q2 2026.
- Interest Expense - Debt for Q2 2026 came in at $13.2 million, up 35.78% year-over-year; the trailing twelve-month figure through Jun 2026 was $40.9 million (up 14.33% YoY), and the FY2025 annual result was $35.8 million, up 19.66% from the prior year.
- Interest Expense - Debt improved to $13.2 million in Q2 2026, from $11.0 million in the prior quarter.
- Over five years, Interest Expense - Debt peaked at $13.2 million in Q2 2026 and troughed at $1.2 million in Q1 2022.
- A 5-year average of $7.1 million and a median of $7.0 million in 2023 frame the typical range for Interest Expense - Debt.
- The widest annual swing landed in 2022, when Interest Expense - Debt decreased 15.53%; it then jumped 479.97% in 2023.
- A 5-year view of Interest Expense - Debt shows it stood at $4.9 million in 2022, then surged by 30.39% to $6.4 million in 2023, then climbed by 27.06% to $8.2 million in 2024, then decreased by 1.52% to $8.0 million in 2025, then surged by 63.91% to $13.2 million in 2026.
- Per Business Quant data, the three most recent Interest Expense - Debt figures were $13.2 million in Q2 2026, $11.0 million in Q1 2026, and $8.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 905.00 Mn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 658.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 485.00 Mn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 228.00 Mn |
| 10 | First Merchants | 2.62 Bn | 2.62 Bn | 7.27 Mn | 13.19 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 13.19 Mn |
| 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 |