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
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 |
| 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 |