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

First Merchants' (FRME) quarterly Interest Expenses came in at $191.8 million in Q1 2026, down 20.58% year-on-year from $241.5 million in Q1 2025, and up 168.2% quarter-over-quarter from -$281.3 million in Q4 2025.

First Merchants (FRME) Interest Expenses (2010 - 2026) Analysis & Trends

First Merchants' Interest Expenses history runs 17 years deep, the most recent figure standing at $191.8 million for Q1 2026.

  • On a quarterly basis, Interest Expenses fell 20.58% year-over-year to $191.8 million in Q1 2026; TTM through Mar 2026 was $191.8 million, a 20.58% decrease from a year earlier, with the FY2025 full-year figure at $388.8 million, down 9.52% from the prior year.
  • Interest Expenses improved to $191.8 million in Q1 2026 per FRME's latest filing, from -$281.3 million in the prior quarter.
  • Across five years, Interest Expenses topped out at $392.6 million in Q3 2022 and bottomed at -$320.4 million in Q4 2024.
  • The 5-year median for Interest Expenses is $241.3 million (2025), against an average of $152.5 million.
  • Across the five-year window, Interest Expenses tumbled 516.02% in 2022 and jumped 3292.37% in 2023, its largest moves.
  • Year by year, Interest Expenses stood at -$36.3 million in 2022, then soared by 388.03% to $104.5 million in 2023, then plunged by 406.68% to -$320.4 million in 2024, then grew by 12.23% to -$281.3 million in 2025, then soared by 168.2% to $191.8 million in 2026.
  • Per Business Quant, the three latest FRME Interest Expenses figures stand at $191.8 million (Q1 2026), -$281.3 million (Q4 2025), and $198.3 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 259,661.44
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - -2.73 Bn
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 -32,586.00
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn -
5 Mizuho Financial 385.64 Bn 389.59 Bn - 3.52 Bn
6 Lloyds Banking 358.14 Bn 358.14 Bn - -
7 First Capital 200.03 Bn 199.69 Bn - 19.98 Mn
8 Landmark Bancorp 187.97 Bn 187.94 Bn - 5.30 Mn
9 Pnc Financial Services 100.96 Bn 101.01 Bn - 2.53 Bn
10 First Merchants 2.62 Bn 2.62 Bn 7.44 Mn 191.83 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 191.83 Mn
Mar 31, 2026 191.83 Mn
Dec 31, 2025 -281.26 Mn
Dec 31, 2025 -281.26 Mn
Sep 30, 2025 198.31 Mn
Sep 30, 2025 198.31 Mn
Jun 30, 2025 241.29 Mn
Jun 30, 2025 241.29 Mn
Mar 31, 2025 241.55 Mn
Mar 31, 2025 241.55 Mn
Dec 31, 2024 -320.44 Mn
Dec 31, 2024 -320.44 Mn
Sep 30, 2024 191.73 Mn
Sep 30, 2024 191.73 Mn
Jun 30, 2024 265.72 Mn
Jun 30, 2024 265.72 Mn
Mar 31, 2024 248.02 Mn
Mar 31, 2024 248.02 Mn
Dec 31, 2023 104.49 Mn
Dec 31, 2023 104.49 Mn