First Merchants FRMEP
NASDAQ FRMEP
$25.04 +0.04 (+0.16%)
At close: Sep 8, 2026 · 4:00 PM EDT

First Merchants (FRMEP) Interest Expense - Deposits (2010 - 2026)

First Merchants (FRMEP) posted Interest Expense - Deposits of $86.3 million for Q2 2026, up 2.57% on a QoQ basis from $84.1 million in Q1 2026, and up 2.39% year-over-year from $84.2 million in Q2 2025.

Analysis

First Merchants (FRMEP) Interest Expense - Deposits (2010 - 2026) Analysis & Trends

First Merchants has reported Interest Expense - Deposits for 17 years, with the latest figure at $86.3 million in Q2 2026.

  • On a quarterly basis, Interest Expense - Deposits rose 2.39% year-over-year to $86.3 million in Q2 2026; TTM through Jun 2026 was $349.8 million, a 1.03% decrease from a year earlier, with the FY2025 full-year figure at $344.3 million, down 10.84% from the prior year.
  • Interest Expense - Deposits was $86.3 million for Q2 2026 at First Merchants, up from $84.1 million in the prior quarter.
  • The five-year high for Interest Expense - Deposits was $99.2 million in Q2 2024, with the low at $4.3 million in Q1 2022.
  • Average Interest Expense - Deposits over 5 years is $70.5 million, with a median of $84.9 million recorded in 2023.
  • The sharpest annual moves came in 2022 and 2023: Interest Expense - Deposits sank 30.74% in 2022, then soared 1080.37% in 2023.
  • Over 5 years, Interest Expense - Deposits stood at $33.5 million in 2022, then jumped by 188.38% to $96.7 million in 2023, then retreated by 7.06% to $89.8 million in 2024, then declined by 1.3% to $88.7 million in 2025, then slipped by 2.72% to $86.3 million in 2026.
  • The last three Interest Expense - Deposits figures came in at $86.3 million (Q2 2026), $84.1 million (Q1 2026), and $88.7 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense - Deposits (Qtr)
1 Banco Santander Chile 948.29 Bn 948.29 Bn - -
2 Truist Financial 61.53 Bn 61.53 Bn - 1.58 Bn
3 Fifth Third Bancorp 49.26 Bn 25.54 Bn - 891.00 Mn
4 M&T Bank 34.65 Bn 34.65 Bn - 104.00 Mn
5 Huntington Bancshares 33.52 Bn 29.00 Bn - 1.05 Bn
6 Citizens Financial 29.29 Bn 29.29 Bn - 747.00 Mn
7 Regions Financial 25.43 Bn 25.43 Bn - 385.00 Mn
8 First Citizens Bancshares 24.48 Bn 23.96 Bn 29.00 Mn 881.00 Mn
9 Keycorp 23.20 Bn -24.50 Bn - 600.00 Mn
10 First Merchants 1.56 Bn 1.56 Bn 7.27 Mn 86.25 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 86.25 Mn
Mar 31, 2026 84.09 Mn
Dec 31, 2025 88.67 Mn
Sep 30, 2025 90.82 Mn
Jun 30, 2025 84.24 Mn
Mar 31, 2025 80.55 Mn
Dec 31, 2024 89.84 Mn
Sep 30, 2024 98.86 Mn
Jun 30, 2024 99.15 Mn
Mar 31, 2024 98.29 Mn
Dec 31, 2023 96.66 Mn
Sep 30, 2023 85.55 Mn
Jun 30, 2023 73.20 Mn
Mar 31, 2023 50.69 Mn
Dec 31, 2022 33.52 Mn
Sep 30, 2022 16.64 Mn
Jun 30, 2022 8.49 Mn
Mar 31, 2022 4.29 Mn
Dec 31, 2021 5.59 Mn
Sep 30, 2021 5.71 Mn