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First Merchants Corporation FRME Interest Expense, Subordinated Notes and Debentures

Interest Expense, Subordinated Notes and Debentures at other companies

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Other financials

Income statement

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Revenue$157.1M-2.0%
Net income$28.2M-49.1%
EPS (diluted)$0.45-52.1%

Balance sheet

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Cash & equivalents$98.1M+13.9%
Total debt$1.6B+22.5%
Total equity$2.7B+14.6%
Total assets$21.1B+14.3%

Cash flow

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Operating cash flow$58.6M-5.0%

Valuation

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Market cap$2.64B+3.7%
Enterprise value$4.19B+10.4%
P/E13.3×+1.1×
P/S+0.1×

Profitability

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Net margin30.1%-1.8pp

Returns & leverage

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Return on equity7.9%-1.2pp
Debt / equity0.6×0.0×

Where this comes from

Reported directly by First Merchants Corporation in its filing.

Tagged under the XBRL concept us-gaap:InterestExpenseSubordinatedNotesAndDebentures.

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 interest expense, subordinated notes and debentures?
First Merchants Corporation (FRME) reported interest expense, subordinated notes and debentures of $1.2M in Q1 2026.
How has First Merchants Corporation's interest expense, subordinated notes and debentures changed year-over-year?
First Merchants Corporation's interest expense, subordinated notes and debentures increased by 53.6% year-over-year, from $783K to $1.2M.
What is the long-term trend for First Merchants Corporation's interest expense, subordinated notes and debentures?
Over 3 years (2022 to 2025), First Merchants Corporation's interest expense, subordinated notes and debentures has grown at a -20.3% compound annual growth rate (CAGR), from $8.01M to $4.05M.
What does interest expense, subordinated notes and debentures mean?
Represents interest expense on subordinated debt instruments that rank below other senior liabilities in the event of liquidation. These instruments are often used to bolster regulatory capital ratios while providing a source of long-term funding.