First Merchants Corporation FRME Total debt

Total debt at other companies

JPMorgan ChaseJPM

$542.43B+9.7%

Fifth Third BankFITB

$17.64B+21.7%

Huntington BancsharesHBAN

$21.85B+21.1%

PNC Financial ServicesPNC

$106.73B+76.6%

Lakeland FinancialLKFN

$147.89M+1,064%

Independent Bank CorpINDB

$701.47M-7.6%

FAQ

What is First Merchants Corporation's total debt?

First Merchants Corporation (FRME) reported total debt of $1.64B in Q1 2026.

How has First Merchants Corporation's total debt changed year-over-year?

First Merchants Corporation's total debt increased by 22.5% year-over-year, from $1.34B to $1.64B.

What is the long-term trend for First Merchants Corporation's total debt?

Over 5 years (2020 to 2025), First Merchants Corporation's total debt has grown at a 7.6% compound annual growth rate (CAGR), from $704.97M to $1.02B.

What does total debt mean?

Total debt represents the aggregate sum of all interest-bearing financial obligations, including short-term borrowings, the current portion of long-term debt, and long-term debt instruments. It also encompasses capitalized lease liabilities and other debt-like financing arrangements that require fixed repayment schedules. This metric serves as a comprehensive indicator of a company's total financial leverage and its reliance on external capital providers.