First Merchants (FRME) Interest Income - Net (2010 - 2026)
First Merchants' Interest Income - Net was $158.94 million in Q2 2026, up 19.5% from $133.01 million a year earlier and up 5.0% from the prior quarter.
First Merchants (FRME) Interest Income - Net (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, First Merchants' Interest Income - Net was $582.97 million through Jun 30, 2026, up 10.3% year-over-year; for FY2025, it came in at $536.01 million, up 2.9% from FY2024.
- Interest Income - Net shows a five-year compound annual growth rate of 7.0% (FY2020 to FY2025).
- In earlier years, Interest Income - Net was $521.11 million in FY2024 (-4.5%), $545.4 million in FY2023 (+4.8%), $520.2 million in FY2022 (+26.7%) and $410.68 million in FY2021 (+7.5%).
- The Q2 2026 figure marks the highest quarterly Interest Income - Net in data going back to Q2 2010.
- Compared with a year earlier, Interest Income - Net has increased for seven straight quarters, with growth averaging 6.1% over the last eight quarters.
- The best year-over-year quarter for Interest Income - Net over five years was Q4 2022 (growth of 47.1%); the worst was Q4 2023 (a decline of 12.7%).
- Per Business Quant data, FRME's Interest Income - Net in the three quarters before Q2 2026 was $151.3 million (Q1 2026), $139.06 million (Q4 2025) and $133.67 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Income - Net (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 883.45 Bn | 912.92 Bn | - | 25.51 Bn |
| 2 | Banco Santander Chile | 401.52 Bn | 521.46 Bn | - | - |
| 3 | Bank Of America | 377.43 Bn | -1,998.64 Bn | - | 16.00 Bn |
| 4 | Hsbc Holdings | 330.31 Bn | 330.37 Bn | - | - |
| 5 | Morgan Stanley | 299.17 Bn | -209.92 Bn | - | 2.78 Bn |
| 6 | Royal Bank Of Canada | 274.08 Bn | 124.82 Bn | - | 6.27 Bn |
| 7 | Mitsubishi Ufj Financial | 270.70 Bn | -1,317.79 Bn | 10.89 Bn | 5.54 Bn |
| 8 | Goldman Sachs | 263.13 Bn | -3,293.98 Bn | - | 3.95 Bn |
| 9 | Wells Fargo & Company | 243.64 Bn | 245.78 Bn | - | 12.32 Bn |
| 10 | First Merchants | 2.50 Bn | 2.50 Bn | - | 158.94 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 158.94 Mn |
| Mar 31, 2026 | 151.30 Mn |
| Dec 31, 2025 | 139.06 Mn |
| Sep 30, 2025 | 133.67 Mn |
| Jun 30, 2025 | 133.01 Mn |
| Mar 31, 2025 | 130.27 Mn |
| Dec 31, 2024 | 134.37 Mn |
| Sep 30, 2024 | 131.11 Mn |
| Jun 30, 2024 | 128.57 Mn |
| Mar 31, 2024 | 127.06 Mn |
| Dec 31, 2023 | 130.06 Mn |
| Sep 30, 2023 | 133.38 Mn |
| Jun 30, 2023 | 137.84 Mn |
| Mar 31, 2023 | 144.12 Mn |
| Dec 31, 2022 | 148.96 Mn |
| Sep 30, 2022 | 140.31 Mn |
| Jun 30, 2022 | 128.66 Mn |
| Mar 31, 2022 | 102.28 Mn |
| Dec 31, 2021 | 101.27 Mn |
| Sep 30, 2021 | 104.72 Mn |
First Merchants Interest Income - Net API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-income-net&ticker=FRME&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-income-net", "ticker": "FRME", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-income-net&ticker=FRME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();