First Merchants (FRME) Interest Expenses (2010 - 2026)
First Merchants posted quarterly Interest Expenses of $97.3 million for Q1 2026, up 5.44% year-on-year from $92.2 million in Q1 2025, and down 1.13% on a QoQ basis from $98.4 million in Q4 2025.
First Merchants (FRME) has 17 years of Interest Expenses data on file, last reported at $97.3 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses rose 5.44% year-over-year to $97.3 million; the trailing twelve-month figure through Mar 2026 stood at $393.8 million (down 4.02% YoY), and the FY2025 full-year result was $388.8 million, down 8.93% from the prior year.
- Interest Expenses for Q1 2026 stood at $97.3 million, down from $98.4 million in the prior quarter.
- Across five years, Interest Expenses topped out at $110.0 million in Q3 2024 and bottomed at $2.1 million in Q3 2022.
- The 5-year median for Interest Expenses is $96.7 million (2025), against an average of $76.6 million.
- The widest annual swing landed in 2022, when Interest Expenses jumped 4643.28%; it then tumbled 67.15% in 2023.
- A 5-year view of Interest Expenses shows it stood at $79.0 million in 2022, then surged by 35.31% to $106.9 million in 2023, then retreated by 6.22% to $100.3 million in 2024, then dropped by 1.89% to $98.4 million in 2025, then fell by 1.13% to $97.3 million in 2026.
- The last three Interest Expenses figures came in at $97.3 million (Q1 2026), $98.4 million (Q4 2025), and $101.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | -227,416.00 |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 3.51 Mn |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 5.23 Mn |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 7.97 Bn |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | -22.86 Mn |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 2.48 Bn |
| 10 | First Merchants | 2.44 Bn | 2.44 Bn | -1.01 Mn | 97.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 97.27 Mn |
| Mar 31, 2026 | 97.27 Mn |
| Dec 31, 2025 | 98.38 Mn |
| Dec 31, 2025 | 98.38 Mn |
| Sep 30, 2025 | 101.43 Mn |
| Sep 30, 2025 | 101.43 Mn |
| Jun 30, 2025 | 96.72 Mn |
| Jun 30, 2025 | 96.72 Mn |
| Mar 31, 2025 | 92.25 Mn |
| Mar 31, 2025 | 92.25 Mn |
| Dec 31, 2024 | 100.27 Mn |
| Dec 31, 2024 | 100.27 Mn |
| Sep 30, 2024 | 109.97 Mn |
| Sep 30, 2024 | 109.97 Mn |
| Jun 30, 2024 | 107.81 Mn |
| Jun 30, 2024 | 107.81 Mn |
| Mar 31, 2024 | 108.84 Mn |
| Mar 31, 2024 | 108.84 Mn |
| Dec 31, 2023 | 106.93 Mn |
| Dec 31, 2023 | 106.93 Mn |
| Sep 30, 2023 | 95.75 Mn |
| Sep 30, 2023 | 95.75 Mn |
| Jun 30, 2023 | 83.53 Mn |
| Jun 30, 2023 | 83.53 Mn |
| Mar 31, 2023 | 2.39 Mn |
| Mar 31, 2023 | 2.39 Mn |
| Dec 31, 2022 | 79.02 Mn |
| Dec 31, 2022 | 79.02 Mn |
| Sep 30, 2022 | 2.11 Mn |
| Sep 30, 2022 | 2.11 Mn |
| Jun 30, 2022 | 12.49 Mn |
| Jun 30, 2022 | 12.49 Mn |
| Mar 31, 2022 | 7.26 Mn |
| Mar 31, 2022 | 7.26 Mn |
| Dec 31, 2021 | 1.67 Mn |
| Dec 31, 2021 | 1.67 Mn |
| Sep 30, 2021 | 1.66 Mn |
| Sep 30, 2021 | 1.66 Mn |
| Jun 30, 2021 | 9.01 Mn |
| Jun 30, 2021 | 9.01 Mn |
| Mar 31, 2021 | 1.66 Mn |
| Mar 31, 2021 | 1.66 Mn |
| Dec 31, 2020 | 10.91 Mn |
| Dec 31, 2020 | 10.91 Mn |
| Sep 30, 2020 | 13.30 Mn |
| Sep 30, 2020 | 13.30 Mn |
| Jun 30, 2020 | 1.64 Mn |
| Jun 30, 2020 | 1.64 Mn |
| Mar 31, 2020 | 25.93 Mn |
| Mar 31, 2020 | 25.93 Mn |
| Dec 31, 2019 | 28.24 Mn |
| Dec 31, 2019 | 28.24 Mn |
| Sep 30, 2019 | 29.20 Mn |
| Sep 30, 2019 | 29.20 Mn |
| Jun 30, 2019 | 27.36 Mn |
| Jun 30, 2019 | 27.36 Mn |
| Mar 31, 2019 | 23.95 Mn |
| Mar 31, 2019 | 23.95 Mn |
| Dec 31, 2018 | 20.77 Mn |
| Dec 31, 2018 | 20.77 Mn |
| Sep 30, 2018 | 18.31 Mn |
| Sep 30, 2018 | 18.31 Mn |
| Jun 30, 2018 | 16.30 Mn |
| Jun 30, 2018 | 16.30 Mn |
| Mar 31, 2018 | 13.70 Mn |
| Mar 31, 2018 | 13.70 Mn |
| Dec 31, 2017 | 11.58 Mn |
| Dec 31, 2017 | 11.58 Mn |
| Sep 30, 2017 | 10.43 Mn |
| Sep 30, 2017 | 10.43 Mn |
| Jun 30, 2017 | 8.37 Mn |
| Jun 30, 2017 | 8.37 Mn |
| Mar 31, 2017 | 7.24 Mn |
| Mar 31, 2017 | 7.24 Mn |
| Dec 31, 2016 | 6.63 Mn |
| Dec 31, 2016 | 6.63 Mn |
| Sep 30, 2016 | 6.69 Mn |
| Sep 30, 2016 | 6.69 Mn |
| Jun 30, 2016 | 6.74 Mn |
| Jun 30, 2016 | 6.74 Mn |
| Mar 31, 2016 | 6.77 Mn |
| Mar 31, 2016 | 6.77 Mn |
| Dec 31, 2015 | 6.44 Mn |
| Dec 31, 2015 | 6.44 Mn |
| Sep 30, 2015 | 6.22 Mn |
| Sep 30, 2015 | 6.22 Mn |
| Jun 30, 2015 | 6.17 Mn |
| Jun 30, 2015 | 6.17 Mn |
| Mar 31, 2015 | 5.97 Mn |
| Mar 31, 2015 | 5.97 Mn |
| Dec 31, 2014 | 5.89 Mn |
| Dec 31, 2014 | 5.89 Mn |
| Sep 30, 2014 | 5.42 Mn |
| Sep 30, 2014 | 5.42 Mn |
| Jun 30, 2014 | 5.41 Mn |
| Jun 30, 2014 | 5.41 Mn |
| Mar 31, 2014 | 5.12 Mn |
| Mar 31, 2014 | 5.12 Mn |
| Dec 31, 2013 | 4.57 Mn |
| Dec 31, 2013 | 4.57 Mn |
| Sep 30, 2013 | 3.71 Mn |
| Sep 30, 2013 | 3.71 Mn |
| Jun 30, 2013 | 4.00 Mn |
| Jun 30, 2013 | 4.00 Mn |
| Mar 31, 2013 | 4.28 Mn |
| Mar 31, 2013 | 4.28 Mn |
| Dec 31, 2012 | 4.70 Mn |
| Dec 31, 2012 | 4.70 Mn |
| Sep 30, 2012 | 5.45 Mn |
| Sep 30, 2012 | 5.45 Mn |
| Jun 30, 2012 | 6.12 Mn |
| Jun 30, 2012 | 6.12 Mn |
| Mar 31, 2012 | 7.35 Mn |
| Mar 31, 2012 | 7.35 Mn |
| Dec 31, 2011 | 7.89 Mn |
| Dec 31, 2011 | 7.89 Mn |
| Sep 30, 2011 | 9.23 Mn |
| Sep 30, 2011 | 9.23 Mn |
| Jun 30, 2011 | 9.87 Mn |
| Jun 30, 2011 | 9.87 Mn |
| Mar 31, 2011 | 10.89 Mn |
| Mar 31, 2011 | 10.89 Mn |
| Dec 31, 2010 | 49.47 Mn |
| Dec 31, 2010 | 49.47 Mn |
| Sep 30, 2010 | 2.70 Mn |
| Sep 30, 2010 | 2.70 Mn |
| Jun 30, 2010 | 14.31 Mn |
| Jun 30, 2010 | 14.31 Mn |