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

First Merchants (FRMEP) Non Operating Interest Expenses (2010 - 2024)

First Merchants (FRMEP) posted Non Operating Interest Expenses of $108.8 million for Q1 2024, up 1.79% on a QoQ basis from $106.9 million in Q4 2023, and up 74.76% year-over-year from $62.3 million in Q2 2023.

Analysis

First Merchants (FRMEP) Non Operating Interest Expenses (2010 - 2024) Analysis & Trends

First Merchants has reported Non Operating Interest Expenses for 15 years, with the latest figure at $108.8 million in Q1 2024.

  • On a quarterly basis, Non Operating Interest Expenses rose 74.76% year-over-year to $108.8 million in Q1 2024; TTM through Mar 2024 was $395.0 million, a 182.53% increase from a year earlier, with the FY2025 full-year figure at $3.5 million, down 47.96% from the prior year.
  • Non Operating Interest Expenses was $108.8 million for Q1 2024 at First Merchants, up from $106.9 million in the prior quarter.
  • The five-year high for Non Operating Interest Expenses was $108.8 million in Q1 2024, with the low at $7.3 million in Q1 2022.
  • Average Non Operating Interest Expenses over 5 years is $37.9 million, with a median of $16.2 million recorded in 2020.
  • The sharpest annual moves came in 2021 and 2023: Non Operating Interest Expenses sank 63.79% in 2021, then surged 757.84% in 2023.
  • Over 5 years, Non Operating Interest Expenses stood at $10.9 million in 2020, then dropped by 20.1% to $8.7 million in 2021, then surged by 381.95% to $42.0 million in 2022, then soared by 154.43% to $106.9 million in 2023, then climbed by 1.79% to $108.8 million in 2024.
  • The last three Non Operating Interest Expenses figures came in at $108.8 million (Q1 2024), $106.9 million (Q4 2023), and $95.8 million (Q3 2023), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non Operating Interest Expenses (Qtr)
1 Banco Santander Chile 948.29 Bn 948.29 Bn - -467.75 Bn
2 Truist Financial 61.53 Bn 61.53 Bn - 224.00 Mn
3 Fifth Third Bancorp 49.26 Bn 25.54 Bn - -
4 M&T Bank 34.65 Bn 34.65 Bn - -
5 Huntington Bancshares 33.52 Bn 29.00 Bn - -
6 Citizens Financial 29.29 Bn 29.29 Bn - -
7 Regions Financial 25.43 Bn 25.43 Bn - -
8 First Citizens Bancshares 24.48 Bn 23.96 Bn 29.00 Mn -
9 Keycorp 23.20 Bn -24.50 Bn - -
10 First Merchants 1.56 Bn 1.56 Bn 7.27 Mn -
Historic Data

Historic Data

Download Data
DateValue
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
Jun 30, 2021 9.01 Mn
Mar 31, 2021 9.39 Mn
Dec 31, 2020 10.91 Mn
Sep 30, 2020 13.30 Mn
Jun 30, 2020 16.23 Mn
Mar 31, 2020 25.93 Mn
Dec 31, 2019 28.24 Mn
Sep 30, 2019 29.20 Mn
Jun 30, 2019 27.36 Mn