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

First Merchants (FRMEP) Interest Expenses (2010 - 2026)

First Merchants (FRMEP) posted Interest Expenses of $101.9 million for Q2 2026, up 4.76% on a QoQ basis from $97.3 million in Q1 2026, and up 5.35% year-over-year from $96.7 million in Q2 2025.

Analysis

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

First Merchants has reported Interest Expenses for 17 years, with the latest figure at $101.9 million in Q2 2026.

  • On a quarterly basis, Interest Expenses rose 5.35% year-over-year to $101.9 million in Q2 2026; TTM through Jun 2026 was $399.0 million, a 0.06% change from a year earlier, with the FY2025 full-year figure at $388.8 million, down 8.93% from the prior year.
  • Interest Expenses was $101.9 million for Q2 2026 at First Merchants, up from $97.3 million in the prior quarter.
  • The five-year high for Interest Expenses was $110.0 million in Q3 2024, with the low at $7.3 million in Q1 2022.
  • Average Interest Expenses over 5 years is $80.5 million, with a median of $97.0 million recorded in 2025.
  • The sharpest annual moves came in 2022 and 2023: Interest Expenses declined 22.67% in 2022, then surged 757.84% in 2023.
  • Over 5 years, Interest Expenses stood at $42.0 million in 2022, then soared by 154.43% to $106.9 million in 2023, then decreased by 6.22% to $100.3 million in 2024, then declined by 1.89% to $98.4 million in 2025, then climbed by 3.58% to $101.9 million in 2026.
  • The last three Interest Expenses figures came in at $101.9 million (Q2 2026), $97.3 million (Q1 2026), and $98.4 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Banco Santander Chile 947.35 Bn 947.35 Bn - -467.75 Bn
2 Truist Financial 61.50 Bn 61.50 Bn - 2.35 Bn
3 Fifth Third Bancorp 49.30 Bn 25.58 Bn - 1.16 Bn
4 M&T Bank 34.65 Bn 34.65 Bn - 828.00 Mn
5 Huntington Bancshares 33.54 Bn 29.02 Bn - 1.33 Bn
6 Citizens Financial 29.26 Bn 29.26 Bn - 912.00 Mn
7 Regions Financial 25.45 Bn 25.45 Bn - 471.00 Mn
8 First Citizens Bancshares 24.52 Bn 24.00 Bn 29.00 Mn 1.20 Bn
9 Keycorp 23.24 Bn -24.46 Bn - 809.00 Mn
10 First Merchants 1.56 Bn 1.56 Bn 7.27 Mn 101.90 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 101.90 Mn
Mar 31, 2026 97.27 Mn
Dec 31, 2025 98.38 Mn
Sep 30, 2025 101.43 Mn
Jun 30, 2025 96.72 Mn
Mar 31, 2025 92.25 Mn
Dec 31, 2024 100.27 Mn
Sep 30, 2024 109.97 Mn
Jun 30, 2024 107.81 Mn
Mar 31, 2024 108.84 Mn
Dec 31, 2023 106.93 Mn
Sep 30, 2023 95.75 Mn
Jun 30, 2023 83.53 Mn
Mar 31, 2023 62.28 Mn
Dec 31, 2022 42.03 Mn
Sep 30, 2022 23.03 Mn
Jun 30, 2022 12.49 Mn
Mar 31, 2022 7.26 Mn
Dec 31, 2021 8.72 Mn
Sep 30, 2021 8.83 Mn