First Merchants (FRME) Times Interest Earned (2010 - 2026)

First Merchants (FRME) reported Times Interest Earned of -$1.3 for Q1 2026, down 27.5% on a YoY basis from -$1.79 in Q1 2025, and down 12.99% quarter-over-quarter from -$1.15 in Q4 2025.

First Merchants (FRME) Times Interest Earned (2010 - 2026) Analysis & Trends

First Merchants has reported Times Interest Earned for 17 years, with the latest figure 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.
  • The five-year high for Times Interest Earned was -$0.78 in Q2 2024, with the low at -$43.52 in Q3 2022.
  • Historically, Times Interest Earned has averaged -$6.49 across 5 years, with a median of -$1.03 in 2023.
  • The largest YoY upside for Times Interest Earned was 97.7% in 2023 against a maximum downside of 296.31% in 2023.
  • First Merchants' Times Interest Earned stood at -$1.19 in 2022, then dropped by 3.49% to -$1.23 in 2023, then grew by 26.42% to -$0.91 in 2024, then declined by 26.83% to -$1.15 in 2025, then decreased 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 97,765.53 Bn 97,765.53 Bn - -1.52
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -
4 First Capital 215.78 Bn 215.63 Bn - 2.53
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 2.21
7 NatWest 168.65 Bn -51.67 Bn - -
8 Shinhan Financial 136.54 Bn 104.11 Bn - 0.04
9 Mizuho Financial 112.02 Bn 112.56 Bn - -
10 First Merchants 2.55 Bn 2.55 Bn -1.01 Mn -1.30

Historic Data

Download Data
DateValue
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