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

First Merchants (FRME) reported Interest Expense - Debt of $1.2 million for Q1 2026, down 87.15% on a YoY basis from $9.4 million in Q1 2025, and up 105.08% quarter-over-quarter from -$23.7 million in Q4 2025.

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 $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.
  • The five-year high for Interest Expense - Debt was $9.7 million in Q2 2025, with the low at -$23.7 million in Q4 2025.
  • Historically, Interest Expense - Debt has averaged $2.8 million across 5 years, with a median of $2.7 million in 2024.
  • Annual changes were most pronounced in 2023 — Interest Expense - Debt jumped 479.97% — and 2025, when it plunged 1616.79%.
  • First Merchants' Interest Expense - Debt stood at $1.5 million in 2022, then surged by 321.98% to $6.4 million in 2023, then sank by 75.74% to $1.6 million in 2024, then sank by 1616.79% to -$23.7 million in 2025, then soared 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 97,765.53 Bn 97,765.53 Bn - -
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -
4 First Capital 215.78 Bn 215.63 Bn - -
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 277,000.00
7 NatWest 168.65 Bn -51.67 Bn - -
8 Shinhan Financial 136.54 Bn 104.11 Bn - -
9 Mizuho Financial 112.02 Bn 112.56 Bn - 32.51 Bn
10 First Merchants 2.55 Bn 2.55 Bn -1.01 Mn 1.20 Mn

Historic Data

Download Data
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