First Merchants Corporation FRME Hybrid debt

Hybrid debt at other companies

PNC Financial ServicesPNC

$2.77B-13.1%

Lakeland FinancialLKFN

$0-100%

Farmers & Merchants BancorpFMAO

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FAQ

What is First Merchants Corporation's hybrid debt?

First Merchants Corporation (FRME) reported hybrid debt of $86.35M in Q2 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.