First Merchants (FRME) Interest Expenses (2010 - 2026)

First Merchants has reported Interest Expenses for 17 years, with the latest figure 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.
• The five-year high for Interest Expenses was $110.0 million in Q3 2024, with the low at $2.1 million in Q3 2022.
• Historically, Interest Expenses has averaged $76.6 million across 5 years, with a median of $96.7 million in 2025.
• Annual changes were most pronounced in 2022 — Interest Expenses jumped 4643.28% — and 2023, when it sank 67.15%.
• First Merchants' Interest Expenses stood at $79.0 million in 2022, then jumped by 35.31% to $106.9 million in 2023, then fell by 6.22% to $100.3 million in 2024, then slipped by 1.89% to $98.4 million in 2025, then declined 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.