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First Merchants (STU:FM5) Interest Expense : €-365.0 Mil (TTM As of Mar. 2024)


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What is First Merchants Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. First Merchants's interest expense for the three months ended in Mar. 2024 was € -100.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-365.0 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. First Merchants's Operating Income for the three months ended in Mar. 2024 was € Mil. First Merchants's Interest Expense for the three months ended in Mar. 2024 was € Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


First Merchants Interest Expense Historical Data

The historical data trend for First Merchants's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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First Merchants Interest Expense Chart

First Merchants Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -97.87 -54.57 -31.82 -80.05 -319.56

First Merchants Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -58.17 -77.10 -89.72 -98.05 -100.13

First Merchants Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-365.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Merchants (STU:FM5) Business Description

Traded in Other Exchanges
Address
200 East Jackson Street, P.O. Box 792, Muncie, IN, USA, 47305-2814
First Merchants Corp, through its subsidiaries, provides its customers with financial services delivered locally by bankers. It offers personal banking, business banking, real estate mortgage lending, cash management services, brokerage, wealth management, and insurance. The company reports in only one segment that is community banking.

First Merchants (STU:FM5) Headlines

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