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