First Merchants (FRME) Interest Expense - Fed Funds (2010 - 2026)

First Merchants' (FRME) quarterly Interest Expense - Fed Funds came in at $590000.0 in Q1 2026, down 27.34% year-on-year from $812000.0 in Q1 2025, and up 45.68% quarter-over-quarter from $405000.0 in Q4 2025.

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

First Merchants' Interest Expense - Fed Funds history runs 17 years deep, the most recent figure standing at $590000.0 for Q1 2026.

  • On a quarterly basis, Interest Expense - Fed Funds fell 27.34% year-over-year to $590000.0 in Q1 2026; TTM through Mar 2026 was $2.3 million, a 467.57% increase from a year earlier, with the FY2025 full-year figure at $2.5 million, up 412.27% from the prior year.
  • Interest Expense - Fed Funds grew to $590000.0 in Q1 2026 per FRME's latest filing, from $405000.0 in the prior quarter.
  • Across five years, Interest Expense - Fed Funds topped out at $979000.0 in Q2 2023 and bottomed at -$1.9 million in Q4 2024.
  • The 5-year median for Interest Expense - Fed Funds is $590000.0 (2026), against an average of $367266.7.
  • Across the five-year window, Interest Expense - Fed Funds soared 3700.0% in 2022 and tumbled 189700.0% in 2024, its largest moves.
  • Year by year, Interest Expense - Fed Funds stood at $707000.0 in 2022, then tumbled by 99.86% to $1000.0 in 2023, then tumbled by 189700.0% to -$1.9 million in 2024, then jumped by 121.36% to $405000.0 in 2025, then soared by 45.68% to $590000.0 in 2026.
  • Per Business Quant, the three latest FRME Interest Expense - Fed Funds figures stand at $590000.0 (Q1 2026), $405000.0 (Q4 2025), and $654000.0 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (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 -
6 Lloyds Banking 358.14 Bn 358.14 Bn -
7 First Capital 200.03 Bn 199.69 Bn -
8 Landmark Bancorp 187.97 Bn 187.94 Bn -
9 Pnc Financial Services 100.96 Bn 101.01 Bn -
10 First Merchants 2.62 Bn 2.62 Bn 7.44 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 590,000.00
Dec 31, 2025 405,000.00
Sep 30, 2025 654,000.00
Jun 30, 2025 663,000.00
Mar 31, 2025 812,000.00
Dec 31, 2024 -1.90 Mn
Sep 30, 2024 329,000.00
Jun 30, 2024 126,000.00
Dec 31, 2023 1,000.00
Sep 30, 2023 797,000.00
Jun 30, 2023 979,000.00
Mar 31, 2023 848,000.00
Dec 31, 2022 707,000.00
Sep 30, 2022 418,000.00
Jun 30, 2022 76,000.00
Dec 31, 2021 75,000.00
Jun 30, 2021 2,000.00
Mar 31, 2021 2,000.00
Dec 31, 2020 486,000.00
Sep 30, 2020 83,000.00