First Merchants (FRMEP) Non-Current Debt (2011 - 2026)
First Merchants (FRMEP) posted Non-Current Debt of $1.4 billion for Q2 2026, up 8.84% on a QoQ basis from $1.3 billion in Q1 2026, and up 57.34% year-over-year from $898.7 million in Q2 2025.
Analysis
First Merchants (FRMEP) Non-Current Debt (2011 - 2026) Analysis & Trends
First Merchants has reported Non-Current Debt for 16 years, with the latest figure at $1.4 billion in Q2 2026.
- On a quarterly basis, Non-Current Debt rose 57.34% year-over-year to $1.4 billion in Q2 2026; TTM through Jun 2026 was $1.4 billion, a 57.34% increase from a year earlier, with the FY2025 full-year figure at $798.5 million, down 2.92% from the prior year.
- Non-Current Debt was $1.4 billion for Q2 2026 at First Merchants, up from $1.3 billion in the prior quarter.
- The five-year high for Non-Current Debt was $1.4 billion in Q2 2026, with the low at $309.0 million in Q1 2022.
- Average Non-Current Debt over 5 years is $812.8 million, with a median of $810.6 million recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: Non-Current Debt jumped 166.56% in 2023, then retreated 25.6% in 2024.
- Over 5 years, Non-Current Debt stood at $823.7 million in 2022, then retreated by 13.45% to $712.9 million in 2023, then rose by 15.39% to $822.6 million in 2024, then decreased by 2.92% to $798.5 million in 2025, then surged by 77.08% to $1.4 billion in 2026.
- The last three Non-Current Debt figures came in at $1.4 billion (Q2 2026), $1.3 billion (Q1 2026), and $798.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 951.11 Bn | 951.11 Bn | - | 427.98 Bn |
| 2 | Truist Financial | 61.50 Bn | 61.50 Bn | - | 42.98 Bn |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.70 Bn | - | 17.64 Bn |
| 4 | M&T Bank | 34.73 Bn | 34.73 Bn | - | 13.57 Bn |
| 5 | Huntington Bancshares | 33.61 Bn | 29.08 Bn | - | 18.74 Bn |
| 6 | Citizens Financial | 29.30 Bn | 29.30 Bn | - | 15.19 Bn |
| 7 | Regions Financial | 25.50 Bn | 25.50 Bn | - | 4.63 Bn |
| 8 | First Citizens Bancshares | 24.62 Bn | 24.10 Bn | 29.00 Mn | 32.04 Bn |
| 9 | Keycorp | 23.26 Bn | -24.43 Bn | - | 10.97 Bn |
| 10 | First Merchants | 1.56 Bn | 1.56 Bn | 7.27 Mn | 1.41 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.41 Bn |
| Mar 31, 2026 | 1.30 Bn |
| Dec 31, 2025 | 798.55 Mn |
| Sep 30, 2025 | 798.63 Mn |
| Jun 30, 2025 | 898.70 Mn |
| Mar 31, 2025 | 972.48 Mn |
| Dec 31, 2024 | 822.55 Mn |
| Sep 30, 2024 | 832.63 Mn |
| Jun 30, 2024 | 832.70 Mn |
| Mar 31, 2024 | 612.78 Mn |
| Dec 31, 2023 | 712.85 Mn |
| Sep 30, 2023 | 713.38 Mn |
| Jun 30, 2023 | 723.48 Mn |
| Mar 31, 2023 | 823.58 Mn |
| Dec 31, 2022 | 823.67 Mn |
| Sep 30, 2022 | 643.77 Mn |
| Jun 30, 2022 | 598.87 Mn |
| Mar 31, 2022 | 308.96 Mn |
| Dec 31, 2021 | 334.06 Mn |
| Sep 30, 2021 | 334.15 Mn |