First Merchants (FRME) Interest Expenses (2010 - 2026)
First Merchants (FRME) posted quarterly Interest Expenses of $172.4 million for Q2 2026, down 28.54% year-over-year from $241.3 million in Q2 2025, and down 10.12% on a QoQ basis from $191.8 million in Q1 2026.
First Merchants (FRME) Interest Expenses (2010 - 2026) Analysis & Trends
First Merchants has reported Interest Expenses for 17 years, with the latest figure at $172.4 million in Q2 2026.
- Interest Expenses for Q2 2026 came in at $172.4 million, down 28.54% year-over-year; the trailing twelve-month figure through Jun 2026 was $172.4 million (down 28.54% YoY), and the FY2025 annual result was $388.8 million, down 9.52% from the prior year.
- Interest Expenses eased to $172.4 million in Q2 2026, from $191.8 million in the prior quarter.
- Over five years, Interest Expenses peaked at $392.6 million in Q3 2022 and troughed at $39.5 million in Q4 2022.
- A 5-year average of $209.2 million and a median of $219.8 million in 2025 frame the typical range for Interest Expenses.
- The widest annual swing landed in 2022, when Interest Expenses jumped 2664.9%; it then plunged 49.91% in 2024.
- A 5-year view of Interest Expenses shows it stood at $39.5 million in 2022, then jumped by 193.59% to $115.9 million in 2023, then declined by 11.04% to $103.1 million in 2024, then fell by 6.63% to $96.2 million in 2025, then jumped by 79.15% to $172.4 million in 2026.
- Per Business Quant data, the three most recent Interest Expenses figures were $172.4 million in Q2 2026, $191.8 million in Q1 2026, and $96.2 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 2.59 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 3.24 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -4.19 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 7.93 Bn |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 2.35 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 1.16 Bn |
| 10 | First Merchants | 2.62 Bn | 2.62 Bn | 7.27 Mn | 101.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 172.42 Mn |
| Jun 30, 2026 | 172.42 Mn |
| Mar 31, 2026 | 191.83 Mn |
| Mar 31, 2026 | 191.83 Mn |
| Dec 31, 2025 | 98.39 Mn |
| Dec 31, 2025 | 98.39 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 |