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First Merchants Corporation FRME Total Interest Expense

Total Interest Expense at other companies

Huntington Bancshares logo
Huntington BancsharesHBAN
$920M+13.6%
Customers Bancorp logo
Customers BancorpCUBI
$126.13M-3.9%
Enterprise Financial Services logo
Enterprise Financial ServicesEFSC
$54.75M-7.6%
Northwest Bancshares logo
Northwest BancsharesNWBI
$51.08M+7.9%
JPMorgan Chase logo
JPMorgan ChaseJPM
Fifth Third Bank logo
Fifth Third BankFITB

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:InterestExpenseDeposits.

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 total interest expense?
First Merchants Corporation (FRME) reported total interest expense of $84.09M in Q1 2026.
How has First Merchants Corporation's total interest expense changed year-over-year?
First Merchants Corporation's total interest expense increased by 4.4% year-over-year, from $80.55M to $84.09M.
What is the long-term trend for First Merchants Corporation's total interest expense?
Over 4 years (2021 to 2025), First Merchants Corporation's total interest expense has grown at a 96.0% compound annual growth rate (CAGR), from $23.32M to $344.28M.
What does total interest expense mean?
The aggregate cost incurred by the bank for interest-bearing liabilities, including customer deposits, wholesale borrowings, and other debt instruments. This metric is critical for assessing the bank's cost of funds and overall liability management strategy.