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