FIRST MERCHANTS CORP Annual Interest Expense in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
First Merchants Corp quarterly/annual Interest Expense history and growth rate from 2010 to 2023.
  • First Merchants Corp Interest Expense for the quarter ending March 31, 2024 was $109M, a 74.8% increase year-over-year.
  • First Merchants Corp Interest Expense for the twelve months ending March 31, 2024 was $395M, a 183% increase year-over-year.
  • First Merchants Corp annual Interest Expense for 2023 was $348M, a 311% increase from 2022.
  • First Merchants Corp annual Interest Expense for 2022 was $84.8M, a 136% increase from 2021.
  • First Merchants Corp annual Interest Expense for 2021 was $36M, a 45.8% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $348M +$264M +311% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-29
2022 $84.8M +$48.9M +136% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-29
2021 $36M -$30.4M -45.8% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-29
2020 $66.4M -$42.4M -39% Jan 1, 2020 Dec 31, 2020 10-K 2023-03-01
2019 $109M +$39.7M +57.4% Jan 1, 2019 Dec 31, 2019 10-K 2022-03-01
2018 $69.1M +$31.5M +83.7% Jan 1, 2018 Dec 31, 2018 10-K 2021-03-01
2017 $37.6M +$10.8M +40.1% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-28
2016 $26.8M +$2.05M +8.25% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-27
2015 $24.8M +$2.95M +13.5% Jan 1, 2015 Dec 31, 2015 10-K 2018-03-01
2014 $21.8M +$5.27M +31.8% Jan 1, 2014 Dec 31, 2014 10-K 2017-03-01
2013 $16.6M -$7.04M -29.8% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-29
2012 $23.6M -$14.3M -37.7% Jan 1, 2012 Dec 31, 2012 10-K 2015-02-27
2011 $37.9M -$18.1M -32.4% Jan 1, 2011 Dec 31, 2011 10-K 2014-03-14
2010 $56M Jan 1, 2010 Dec 31, 2010 10-K 2013-03-15
* An asterisk sign (*) next to the value indicates that the value is likely invalid.