KPIs & Operating Metrics(New)

First Merchants (FRME) Enterprise Value: 2009-2024

Historic Enterprise Value for First Merchants (FRME) over the last 16 years, with Dec 2024 value amounting to $2.3 billion.

  • First Merchants' Enterprise Value changed negligibly% to $2.2 billion in Q3 2025 from the same period last year, while for Sep 2025 it was $2.2 billion, marking a year-over-year negligible change of negligibly%. This contributed to the annual value of $2.3 billion for FY2024, which is 5.46% up from last year.
  • Per First Merchants' latest filing, its Enterprise Value stood at $2.3 billion for FY2024, which was up 5.46% from $2.2 billion recorded in FY2023.
  • In the past 5 years, First Merchants' Enterprise Value registered a high of $2.4 billion during FY2022, and its lowest value of $2.0 billion during FY2020.
  • Moreover, its 3-year median value for Enterprise Value was $2.3 billion (2024), whereas its average is $2.3 billion.
  • Per our database at Business Quant, First Merchants' Enterprise Value rose by 11.27% in 2021 and then dropped by 9.37% in 2023.
  • Yearly analysis of 5 years shows First Merchants' Enterprise Value stood at $2.0 billion in 2020, then grew by 11.27% to $2.3 billion in 2021, then increased by 8.41% to $2.4 billion in 2022, then decreased by 9.37% to $2.2 billion in 2023, then grew by 5.46% to $2.3 billion in 2024.