First Merchants (FRME) Interest Income - Net (2009 - 2026)
First Merchants' Interest Income - Net was $161.07 million in Q3 2026, up 20.5% from $133.67 million a year earlier and up 1.3% from the prior quarter.
First Merchants (FRME) Interest Income - Net (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, First Merchants' Interest Income - Net was $610.38 million through Sep 30, 2026, up 14.9% 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 Q3 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 eight straight quarters, with growth averaging 8.9% 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 Q3 2026 was $158.94 million (Q2 2026), $151.3 million (Q1 2026) and $139.06 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Income - Net (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | 27.04 Bn |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | 16.45 Bn |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - | 9.31 Bn |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - | 3.25 Bn |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - | 6.27 Bn |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | 3.77 Bn |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | 12.52 Bn |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | 5.54 Bn |
| 10 | First Merchants | 256.31 Mn | 256.31 Mn | - | 161.07 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 161.07 Mn |
| 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 |
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();