First Merchants (FRME) Total Debt (2011 - 2026)

First Merchants (FRME) reported Total Debt of $86.3 million for Q1 2026, up 37.89% on a YoY basis from $62.6 million in Q1 2025, and up 49.83% quarter-over-quarter from $57.6 million in Q4 2025.

First Merchants (FRME) Total Debt (2011 - 2026) Analysis & Trends

First Merchants has reported Total Debt for 16 years, with the latest figure at $86.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Total Debt rose 37.89% year-over-year to $86.3 million; the trailing twelve-month figure through Mar 2026 stood at $86.3 million (up 37.89% YoY), and the FY2025 full-year result was $57.6 million, down 59.66% from the prior year.
  • Total Debt for Q1 2026 stood at $86.3 million, up from $57.6 million in the prior quarter.
  • The five-year high for Total Debt was $798.6 million in Q3 2025, with the low at $57.6 million in Q4 2025.
  • Historically, Total Debt has averaged $228.4 million across 5 years, with a median of $151.3 million in 2022.
  • Annual changes were most pronounced in 2024 — Total Debt sank 87.06% — and 2025, when it jumped 539.44%.
  • First Merchants' Total Debt stood at $151.3 million in 2022, then increased by 3.95% to $157.3 million in 2023, then slipped by 9.16% to $142.9 million in 2024, then sank by 59.66% to $57.6 million in 2025, then surged by 49.83% to $86.3 million in 2026.
  • The last three Total Debt figures came in at $86.3 million (Q1 2026), $57.6 million (Q4 2025), and $798.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - 250,528.00
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - 21.77 Bn
3 Lloyds Banking 384.13 Bn 384.40 Bn - 42.37 Bn
4 First Capital 215.78 Bn 215.63 Bn - -
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - 53.31 Bn
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 21.65 Mn
7 NatWest 168.65 Bn -51.67 Bn - 94.66 Bn
8 Shinhan Financial 136.54 Bn 104.11 Bn - 8.20 Bn
9 Mizuho Financial 112.02 Bn 112.56 Bn - 240.60 Bn
10 First Merchants 2.55 Bn 2.55 Bn -1.01 Mn 86.35 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 86.35 Mn
Dec 31, 2025 57.63 Mn
Sep 30, 2025 798.63 Mn
Jun 30, 2025 62.62 Mn
Mar 31, 2025 62.62 Mn
Dec 31, 2024 142.88 Mn
Sep 30, 2024 124.89 Mn
Jun 30, 2024 93.59 Mn
Mar 31, 2024 118.61 Mn
Dec 31, 2023 157.28 Mn
Sep 30, 2023 152.54 Mn
Jun 30, 2023 723.48 Mn
Mar 31, 2023 151.31 Mn
Dec 31, 2022 151.30 Mn
Sep 30, 2022 643.77 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 118.50 Mn