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

First Merchants (FRME) reported Interest Expense - Deposits of $84.1 million for Q1 2026, up 4.4% on a YoY basis from $80.5 million in Q1 2025, and down 5.16% quarter-over-quarter from $88.7 million in Q4 2025.

First Merchants (FRME) Interest Expense - Deposits (2010 - 2026) Analysis & Trends

First Merchants has reported Interest Expense - Deposits for 17 years, with the latest figure at $84.1 million in Q1 2026.

  • For the quarter ending Q1 2026, Interest Expense - Deposits rose 4.4% year-over-year to $84.1 million; the trailing twelve-month figure through Mar 2026 stood at $347.8 million (down 5.58% YoY), and the FY2025 full-year result was $344.3 million, down 10.84% from the prior year.
  • Interest Expense - Deposits for Q1 2026 stood at $84.1 million, down from $88.7 million in the prior quarter.
  • The five-year high for Interest Expense - Deposits was $99.2 million in Q2 2024, with the low at $4.3 million in Q1 2022.
  • Historically, Interest Expense - Deposits has averaged $69.6 million across 5 years, with a median of $84.2 million in 2025.
  • Annual changes were most pronounced in 2022 — Interest Expense - Deposits slumped 30.74% — and 2023, when it surged 1080.37%.
  • First Merchants' Interest Expense - Deposits stood at $33.5 million in 2022, then surged by 188.38% to $96.7 million in 2023, then declined by 7.06% to $89.8 million in 2024, then slipped by 1.3% to $88.7 million in 2025, then slipped by 5.16% to $84.1 million in 2026.
  • The last three Interest Expense - Deposits figures came in at $84.1 million (Q1 2026), $88.7 million (Q4 2025), and $90.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense - Deposits (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 - 3.51 Mn
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 4.61 Mn
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 - 2.05 Bn
10 First Merchants 2.55 Bn 2.55 Bn -1.01 Mn 84.09 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 84.09 Mn
Dec 31, 2025 88.67 Mn
Sep 30, 2025 90.82 Mn
Jun 30, 2025 84.24 Mn
Mar 31, 2025 80.55 Mn
Dec 31, 2024 89.84 Mn
Sep 30, 2024 98.86 Mn
Jun 30, 2024 99.15 Mn
Mar 31, 2024 98.29 Mn
Dec 31, 2023 96.66 Mn
Sep 30, 2023 85.55 Mn
Jun 30, 2023 73.20 Mn
Mar 31, 2023 50.69 Mn
Dec 31, 2022 33.52 Mn
Sep 30, 2022 16.64 Mn
Jun 30, 2022 8.49 Mn
Mar 31, 2022 4.29 Mn
Dec 31, 2021 5.59 Mn
Sep 30, 2021 5.71 Mn
Jun 30, 2021 5.82 Mn