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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |