First Merchants (FRME) Times Interest Earned (2010 - 2026)
First Merchants posted quarterly Times Interest Earned of -$1.3 for Q1 2026, down 27.5% year-on-year from -$1.79 in Q1 2025, and down 12.99% on a QoQ basis from -$1.15 in Q4 2025.
First Merchants (FRME) has 17 years of Times Interest Earned data on file, last reported at -$1.3 in Q1 2026.
- For the quarter ending Q1 2026, Times Interest Earned fell 27.5% year-over-year to -$1.3; the trailing twelve-month figure through Mar 2026 stood at -$1.1 (down 23.13% YoY), and the FY2025 full-year result was -$1.0, down 20.02% from the prior year.
- Times Interest Earned for Q1 2026 stood at -$1.3, down from -$1.15 in the prior quarter.
- Across five years, Times Interest Earned topped out at -$0.78 in Q2 2024 and bottomed at -$43.52 in Q3 2022.
- The 5-year median for Times Interest Earned is -$1.03 (2023), against an average of -$6.49.
- Peak annual rise in Times Interest Earned reached 97.7% in 2023, while the deepest fall reached 296.31% in 2023.
- A 5-year view of Times Interest Earned shows it stood at -$1.19 in 2022, then declined by 3.49% to -$1.23 in 2023, then increased by 26.42% to -$0.91 in 2024, then fell by 26.83% to -$1.15 in 2025, then slipped by 12.99% to -$1.3 in 2026.
- The last three Times Interest Earned figures came in at -$1.3 (Q1 2026), -$1.15 (Q4 2025), and -$0.96 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | -3.29 |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 2.53 |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 2.21 |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 1.32 |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | -36.40 |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 1.88 |
| 10 | First Merchants | 2.44 Bn | 2.44 Bn | -1.01 Mn | -1.30 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.30 |
| Dec 31, 2025 | -1.15 |
| Sep 30, 2025 | -0.96 |
| Jun 30, 2025 | -0.98 |
| Mar 31, 2025 | -1.02 |
| Dec 31, 2024 | -0.91 |
| Sep 30, 2024 | -0.87 |
| Jun 30, 2024 | -0.78 |
| Mar 31, 2024 | -0.90 |
| Dec 31, 2023 | -1.23 |
| Sep 30, 2023 | -1.00 |
| Jun 30, 2023 | -1.03 |
| Mar 31, 2023 | -36.76 |
| Dec 31, 2022 | -1.19 |
| Sep 30, 2022 | -43.52 |
| Jun 30, 2022 | -7.49 |
| Mar 31, 2022 | -9.28 |
| Dec 31, 2021 | -42.95 |
| Sep 30, 2021 | -40.25 |
| Jun 30, 2021 | -6.98 |
| Mar 31, 2021 | -40.35 |
| Dec 31, 2020 | -8.14 |
| Sep 30, 2020 | -4.66 |
| Jun 30, 2020 | -35.25 |
| Mar 31, 2020 | -2.38 |
| Dec 31, 2019 | -2.35 |
| Sep 30, 2019 | -2.34 |
| Jun 30, 2019 | -2.19 |
| Mar 31, 2019 | -2.38 |
| Dec 31, 2018 | -3.37 |
| Sep 30, 2018 | -2.76 |
| Jun 30, 2018 | -3.36 |
| Mar 31, 2018 | -3.95 |
| Dec 31, 2017 | -4.90 |
| Sep 30, 2017 | -5.29 |
| Jun 30, 2017 | 4.75 |
| Mar 31, 2017 | 5.20 |
| Dec 31, 2016 | 5.55 |
| Sep 30, 2016 | 5.26 |
| Jun 30, 2016 | 4.96 |
| Mar 31, 2016 | 4.44 |
| Dec 31, 2015 | 3.89 |
| Sep 30, 2015 | 4.80 |
| Jun 30, 2015 | 5.35 |
| Mar 31, 2015 | 4.69 |
| Dec 31, 2014 | 4.55 |
| Sep 30, 2014 | 5.07 |
| Jun 30, 2014 | 4.89 |
| Mar 31, 2014 | 4.56 |
| Dec 31, 2013 | 4.20 |
| Sep 30, 2013 | 4.52 |
| Jun 30, 2013 | 4.74 |
| Mar 31, 2013 | 4.86 |
| Dec 31, 2012 | 3.87 |
| Sep 30, 2012 | 0.97 |
| Jun 30, 2012 | 0.71 |
| Mar 31, 2012 | 3.70 |
| Dec 31, 2011 | 2.25 |
| Sep 30, 2011 | 0.35 |
| Jun 30, 2011 | 0.24 |
| Mar 31, 2011 | 1.72 |
| Dec 31, 2010 | 1.08 |
| Sep 30, 2010 | 1.40 |
| Jun 30, 2010 | 0.84 |