First Merchants (FRME) FCF Margin (2012 - 2026)

First Merchants' (FRME) quarterly FCF Margin came in at 648.35% in Q1 2026, down 71489.0% year-on-year from N/an in Q1 2025, and down 20.21% quarter-over-quarter from 812.56% in Q4 2025.

First Merchants (FRME) FCF Margin (2012 - 2026) Analysis & Trends

First Merchants' FCF Margin history runs 15 years deep, the most recent figure standing at 648.35% for Q1 2026.

  • On a quarterly basis, FCF Margin fell 71489.0% year-over-year to 648.35% in Q1 2026; TTM through Mar 2026 was 854.7%, a 239171.0% decrease from a year earlier, with the FY2025 full-year figure at 799.18%, down 1640896.0% from the prior year.
  • FCF Margin declined to 648.35% in Q1 2026 per FRME's latest filing, from 812.56% in the prior quarter.
  • Across five years, FCF Margin topped out at 15551.36% in Q3 2023 and bottomed at 780.53% in Q4 2022.
  • The 5-year median for FCF Margin is 812.56% (2025), against an average of 2232.07%.
  • Across the five-year window, FCF Margin soared 846279 bps in 2023 and tumbled 1463244 bps in 2024, its largest moves.
  • Year by year, FCF Margin stood at 780.53% in 2022, then surged by 60 bps to 308.53% in 2023, then sank by 71 bps to 526.84% in 2024, then soared by 254 bps to 812.56% in 2025, then decreased by 20 bps to 648.35% in 2026.
  • Per Business Quant, the three latest FRME FCF Margin figures stand at 648.35% (Q1 2026), 812.56% (Q4 2025), and 981.49% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 121.23%
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - 136,088.77%
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 -83.10%
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn -
5 Mizuho Financial 385.64 Bn 389.59 Bn - -
6 Lloyds Banking 358.14 Bn 358.14 Bn - -
7 First Capital 200.03 Bn 199.69 Bn - 339.84%
8 Landmark Bancorp 187.97 Bn 187.94 Bn - 38.26%
9 Pnc Financial Services 100.96 Bn 101.01 Bn - 31.27%
10 First Merchants 2.62 Bn 2.62 Bn 7.44 Mn 648.35%

Historic Data

Download Data
DateValue
Mar 31, 2026 648.35%
Dec 31, 2025 812.56%
Sep 30, 2025 981.49%
Jun 30, 2025 1,088.30%
Mar 31, 2025 1,363.23%
Dec 31, 2024 -526.84%
Sep 30, 2024 918.92%
Jun 30, 2024 767.31%
Mar 31, 2024 717.66%
Dec 31, 2023 -308.53%
Sep 30, 2023 15,551.36%
Jun 30, 2023 342.90%
Mar 31, 2023 7,631.45%
Dec 31, 2022 -780.53%
Sep 30, 2022 7,088.57%
Jun 30, 2022 866.53%
Mar 31, 2022 782.38%
Dec 31, 2021 252.85%
Sep 30, 2021 1,062.73%
Jun 30, 2021 756.02%