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| Date | Value |
|---|---|
| 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 |