First Merchants (FRME) Non-Current Debt (2011 - 2026)
First Merchants' (FRME) quarterly Non-Current Debt came in at $86.3 million in Q1 2026, down 29.77% year-on-year from $122.9 million in Q1 2025, and down 89.19% quarter-over-quarter from $798.5 million in Q4 2025.
First Merchants (FRME) Non-Current Debt (2011 - 2026) Analysis & Trends
First Merchants' Non-Current Debt history runs 16 years deep, the most recent figure standing at $86.3 million for Q1 2026.
- On a quarterly basis, Non-Current Debt fell 29.77% year-over-year to $86.3 million in Q1 2026; TTM through Mar 2026 was $86.3 million, a 29.77% decrease from a year earlier, with the FY2025 full-year figure at $798.5 million, up 753.8% from the prior year.
- Non-Current Debt declined to $86.3 million in Q1 2026 per FRME's latest filing, from $798.5 million in the prior quarter.
- Across five years, Non-Current Debt topped out at $832.7 million in Q2 2024 and bottomed at $57.6 million in Q3 2025.
- The 5-year median for Non-Current Debt is $151.3 million (2023), against an average of $273.6 million.
- Biggest YoY gain for Non-Current Debt was 753.8% in 2025; the steepest drop was 92.48% in 2025.
- Year by year, Non-Current Debt stood at $151.3 million in 2022, then rose by 3.95% to $157.3 million in 2023, then tumbled by 40.53% to $93.5 million in 2024, then jumped by 753.8% to $798.5 million in 2025, then slumped by 89.19% to $86.3 million in 2026.
- Per Business Quant, the three latest FRME Non-Current Debt figures stand at $86.3 million (Q1 2026), $798.5 million (Q4 2025), and $57.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | 48.10 Bn |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | 37.89 Bn |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | 1.29 Mn |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | - |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | 240.60 Bn |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | - |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 2.26 Mn |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 21.42 Bn |
| 10 | First Merchants | 2.62 Bn | 2.62 Bn | 7.44 Mn | 86.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 86.35 Mn |
| Dec 31, 2025 | 798.55 Mn |
| Sep 30, 2025 | 57.63 Mn |
| Jun 30, 2025 | 62.62 Mn |
| Mar 31, 2025 | 122.95 Mn |
| Dec 31, 2024 | 93.53 Mn |
| Sep 30, 2024 | 124.89 Mn |
| Jun 30, 2024 | 832.70 Mn |
| Mar 31, 2024 | 612.78 Mn |
| Dec 31, 2023 | 157.28 Mn |
| Sep 30, 2023 | 713.38 Mn |
| Jun 30, 2023 | 151.33 Mn |
| Mar 31, 2023 | 179.07 Mn |
| Dec 31, 2022 | 151.30 Mn |
| Sep 30, 2022 | 151.30 Mn |
| Jun 30, 2022 | 186.47 Mn |
| Mar 31, 2022 | 169.70 Mn |
| Dec 31, 2021 | 181.58 Mn |
| Sep 30, 2021 | 183.59 Mn |
| Jun 30, 2021 | 146.90 Mn |