First Merchants (FRME) Asset Utilization Ratio (2009 - 2026)
First Merchants' Asset Utilization Ratio was 0.03 in Q2 2026, down 8.2% from 0.04 a year earlier and down 0.9% from the prior quarter.
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Analysis
First Merchants (FRME) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at First Merchants came in at 0.04, up 0.8% from FY2024.
- In earlier years, Asset Utilization Ratio was 0.04 in FY2024 (-1.5%), 0.04 in FY2023 (-4.8%), 0.04 in FY2022 (+6.6%) and 0.04 in FY2021 (-5.0%).
- The Q2 2026 figure marks the lowest quarterly Asset Utilization Ratio in data going back to Q1 2013.
- Compared with a year earlier, Asset Utilization Ratio has declined for three straight quarters, with an average decline of 1.9% over the last eight quarters.
- The best year-over-year quarter for Asset Utilization Ratio over five years was Q2 2023 (growth of 14.0%); the worst was Q2 2026 (a decline of 8.2%).
- Per Business Quant data, FRME's Asset Utilization Ratio in the three quarters before Q2 2026 was 0.03 (Q1 2026), 0.04 (Q4 2025) and 0.04 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | 0.04 |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | 0.03 |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - | 0.02 |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - | 0.05 |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - | 0.03 |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | 0.03 |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | 0.04 |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | 0.02 |
| 10 | First Merchants | 256.31 Mn | 256.31 Mn | - | 0.03 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.03 |
| Jun 30, 2026 | 0.03 |
| Mar 31, 2026 | 0.03 |
| Dec 31, 2025 | 0.04 |
| Sep 30, 2025 | 0.04 |
| Jun 30, 2025 | 0.04 |
| Mar 31, 2025 | 0.04 |
| Dec 31, 2024 | 0.04 |
| Sep 30, 2024 | 0.03 |
| Jun 30, 2024 | 0.03 |
| Mar 31, 2024 | 0.03 |
| Dec 31, 2023 | 0.04 |
| Sep 30, 2023 | 0.04 |
| Jun 30, 2023 | 0.04 |
| Mar 31, 2023 | 0.04 |
| Dec 31, 2022 | 0.04 |
| Sep 30, 2022 | 0.03 |
| Jun 30, 2022 | 0.03 |
| Mar 31, 2022 | 0.03 |
| Dec 31, 2021 | 0.03 |
API Access
First Merchants Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=FRME&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "FRME", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=FRME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();