First Merchants (FRME) Interest Expense - Deposits (2010 - 2026)
First Merchants' (FRME) quarterly Interest Expense - Deposits came in at $84.1 million in Q1 2026, up 4.4% year-on-year 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' Interest Expense - Deposits history runs 17 years deep, the most recent figure standing at $84.1 million for Q1 2026.
- On a quarterly basis, Interest Expense - Deposits rose 4.4% year-over-year to $84.1 million in Q1 2026; TTM through Mar 2026 was $347.8 million, a 5.58% decrease from a year earlier, with the FY2025 full-year figure at $344.3 million, down 10.84% from the prior year.
- Interest Expense - Deposits fell to $84.1 million in Q1 2026 per FRME's latest filing, from $88.7 million in the prior quarter.
- Across five years, Interest Expense - Deposits topped out at $99.2 million in Q2 2024 and bottomed at $4.3 million in Q1 2022.
- The 5-year median for Interest Expense - Deposits is $84.2 million (2025), against an average of $69.6 million.
- Across the five-year window, Interest Expense - Deposits slumped 30.74% in 2022 and jumped 1080.37% in 2023, its largest moves.
- Year by year, Interest Expense - Deposits stood at $33.5 million in 2022, then soared by 188.38% to $96.7 million in 2023, then fell by 7.06% to $89.8 million in 2024, then dropped by 1.3% to $88.7 million in 2025, then dropped by 5.16% to $84.1 million in 2026.
- Per Business Quant, the three latest FRME Interest Expense - Deposits figures stand at $84.1 million (Q1 2026), $88.7 million (Q4 2025), and $90.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | - |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | - |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | - |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | - |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | 5.24 Bn |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 3.51 Mn |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 4.61 Mn |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 1.74 Bn |
| 10 | First Merchants | 2.62 Bn | 2.62 Bn | 7.44 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 |