First Merchants Corporation company logo
First Merchants Corporation logo

First Merchants Corporation (FRME) Interest Expense

Annual Interest Expense

$426.89M$78.41M+22.50%

Summary

Current Value
As of today, FRME annual interest expense is $426.89M, up +22.50% on
Historical Performance
FRME annual interest expense is up +1087.39% over the past 3 years, and up +292.56% over the past 5 years
All-Time High Comparison
FRME annual interest expense is currently at its all-time high
3-Year Low Comparison
FRME annual interest expense is +403.39% above its 3-year low of $84.80M reached on an earlier date
Sector Comparison
FRME annual interest expense is higher than 88.94% of companies in Financial Services sector

Interest Expense Chart

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Series
SUGGESTED SERIES

Performance

FRME Performance
MetricDateValue1Y3Y5Y15Y
Annual Interest Expense$426.89M+22.5%+1087.4%+292.6%+453.7%
Quarterly Interest Expense$101.43M-7.8%+340.4%+662.4%+637.7%
TTM Interest Expense$390.67M-9.9%+658.6%+366.7%+550.6%
Price$38.95-2.9%-3.3%-3.4%+330.9%
Annual Interest Coverage Ratio1.54-11.5%-80.0%-44.6%+1440.0%
Annual EBIT$658.62M+8.4%+138.0%+117.7%+8230.6%
Annual Total Debt$1.18B+12.5%+80.8%+56.8%+162.6%
Annual Revenue$1.05B+5.6%+89.5%+91.3%+264.6%

Interest Expense Highs

FRME Annual Interest Expense Highs Comparison
PeriodHighDateCurrent
3Y$426.89Mat high
5Y$426.89Mat high
All$426.89Mat high

Interest Expense Lows

FRME Annual Interest Expense Lows Comparison
PeriodLowDateCurrent
3Y$84.80MN/A+403.4%
5Y$35.95M+1087.4%
All$16.13M+2546.4%

Interest Expense History

YearValueChange
$426.89M+22.5%
$348.49M+310.9%
$84.80M+135.9%
$35.95M-45.8%
$66.38M-39.0%
$108.75M+57.4%
$69.09M+83.7%
$37.61M+40.1%
$26.84M+8.2%
$24.79M+13.5%
$21.84M+31.8%
$16.57M-29.8%
$23.61M-37.7%
$37.89M-32.4%
$56.01M-27.3%
$77.09M-14.4%
$90.09M-23.4%
$117.61M+19.4%
$98.51M+49.1%
YearValueChange
$66.08M+28.1%
$51.59M-1.5%
$52.39M-2.6%
$53.76M-4.1%
$56.07M-7.4%
$60.55M+29.1%
$46.90M+23.3%
$38.05M+6.5%
$35.73M+10.4%
$32.35M+46.5%
$22.08M+36.9%
$16.13M-2.2%
$16.50M-20.3%
$20.70M-22.2%
$26.59M-5.7%
$28.19M+2.5%
$27.52M+32.5%
$20.77M-

FAQ

  • What is the current annual interest expense of FRME?

    As of today, FRME annual interest expense is $426.89M

  • What is 1-year change in FRME annual interest expense?

    FRME annual interest expense is up +22.50% year-over-year

  • What is 3-year change in FRME annual interest expense?

    FRME annual interest expense is up +1087.39% over the past 3 years

  • How far is FRME annual interest expense from its all-time high?

    FRME annual interest expense is currently at its all-time high

  • How does FRME annual interest expense rank versus sector peers?

    FRME annual interest expense is higher than 88.94% of companies in Financial Services sector

  • When is FRME next annual earnings release?

    The next annual earnings release for FRME is on

Interest Expense Formula

Interest Expense = Carrying Value of Debt × Effective Interest Rate

Data Sources & References

  1. FRME Official Website www.firstmerchants.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/712534/000119312525216440/0001193125-25-216440-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/712534/000071253425000058/0000712534-25-000058-index.htm
  4. FRME Profile on Yahoo Finance finance.yahoo.com/quote/FRME
  5. FRME Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/frme