First Merchants (FRME) Non-Current Debt (2011 - 2026)
First Merchants (FRME) reported Non-Current Debt of $1.41 billion for Q2 2026, up 57.3% from $898.7 million a year earlier and up 8.8% from the prior quarter.
Powered by 
Analysis
First Merchants (FRME) Non-Current Debt (2011 - 2026) Analysis & Trends
At the end of FY2025, First Merchants posted Non-Current Debt of $798.55 million, down 2.9% from FY2024.
- Non-Current Debt has a five-year compound annual growth rate of 15.4% (FY2020 to FY2025).
- By year, Non-Current Debt came in at $822.55 million in FY2024 (+15.4%), $712.85 million in FY2023 (-13.5%), $823.67 million in FY2022 (+146.6%) and $334.06 million in FY2021 (-14.2%).
- The Q2 2026 figure ranks as the highest quarterly Non-Current Debt in data going back to Q4 2011.
- Year over year, Non-Current Debt gained in six of the last eight quarters, with growth averaging 22.8%.
- The high point for year-over-year Non-Current Debt in five years was Q1 2023 (growth of 166.6%); the low point was Q1 2024 (a decline of 25.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.3 billion (Q1 2026), $798.55 million (Q4 2025) and $798.63 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 890.60 Bn | 920.07 Bn | - | - |
| 2 | Banco Santander Chile | 421.74 Bn | 541.68 Bn | - | - |
| 3 | Bank Of America | 385.85 Bn | -1,990.22 Bn | - | - |
| 4 | Hsbc Holdings | 345.94 Bn | 345.99 Bn | - | - |
| 5 | Morgan Stanley | 303.15 Bn | -205.95 Bn | - | 29.82 Bn |
| 6 | Royal Bank Of Canada | 279.82 Bn | 130.57 Bn | - | - |
| 7 | Mitsubishi Ufj Financial | 274.62 Bn | -1,313.87 Bn | 10.89 Bn | 107.79 Bn |
| 8 | Goldman Sachs | 267.07 Bn | -3,290.04 Bn | - | 347.96 Bn |
| 9 | Wells Fargo & Company | 243.79 Bn | 245.93 Bn | - | - |
| 10 | First Merchants | 2.49 Bn | 2.49 Bn | - | 1.41 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.41 Bn |
| Mar 31, 2026 | 1.30 Bn |
| Dec 31, 2025 | 798.55 Mn |
| Sep 30, 2025 | 798.63 Mn |
| Jun 30, 2025 | 898.70 Mn |
| Mar 31, 2025 | 972.48 Mn |
| Dec 31, 2024 | 822.55 Mn |
| Sep 30, 2024 | 832.63 Mn |
| Jun 30, 2024 | 832.70 Mn |
| Mar 31, 2024 | 612.78 Mn |
| Dec 31, 2023 | 712.85 Mn |
| Sep 30, 2023 | 713.38 Mn |
| Jun 30, 2023 | 723.48 Mn |
| Mar 31, 2023 | 823.58 Mn |
| Dec 31, 2022 | 823.67 Mn |
| Sep 30, 2022 | 643.77 Mn |
| Jun 30, 2022 | 598.87 Mn |
| Mar 31, 2022 | 308.96 Mn |
| Dec 31, 2021 | 334.06 Mn |
| Sep 30, 2021 | 334.15 Mn |
API Access
First Merchants Non-Current Debt 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=non-current-debt&ticker=FRME&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=FRME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();