First Merchants Corporation FRME Hybrid debt
Hybrid debt at other companies
Other financials
Where this comes from
Reported directly by First Merchants Corporation in its filing.
Tagged under the XBRL concept us-gaap:OtherBorrowings.
The official record: First Merchants Corporation’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is First Merchants Corporation's hybrid debt?
- First Merchants Corporation (FRME) reported hybrid debt of $86.35M in Q1 2026.
- How has First Merchants Corporation's hybrid debt changed year-over-year?
- First Merchants Corporation's hybrid debt increased by 37.9% year-over-year, from $62.62M to $86.35M.
- What is the long-term trend for First Merchants Corporation's hybrid debt?
- Over 5 years (2020 to 2025), First Merchants Corporation's hybrid debt has grown at a -13.4% compound annual growth rate (CAGR), from $118.38M to $57.63M.
- What does hybrid debt mean?
- This encompasses various forms of long-term debt, including subordinated debt or hybrid capital instruments, used to support the bank's capital structure and growth initiatives. These instruments often count toward regulatory capital requirements and provide a buffer for the institution's financial health. Investors analyze these to evaluate the bank's leverage profile and long-term financing strategy.