First Merchants (FRME) FCF Payout Ratio (2012 - 2026)
First Merchants' (FRME) quarterly FCF Payout Ratio came in at 0.39 in Q1 2026, up 17.3% year-on-year from 0.33 in Q1 2025, and up 50.99% quarter-over-quarter from 0.26 in Q4 2025.
First Merchants (FRME) FCF Payout Ratio (2012 - 2026) Analysis & Trends
First Merchants' FCF Payout Ratio history runs 15 years deep, the most recent figure standing at 0.39 for Q1 2026.
- On a quarterly basis, FCF Payout Ratio rose 17.3% year-over-year to 0.39 in Q1 2026; TTM through Mar 2026 was 0.3, a 0.24% change from a year earlier, with the FY2025 full-year figure at 0.29, down 4.66% from the prior year.
- FCF Payout Ratio rose to 0.39 in Q1 2026 per FRME's latest filing, from 0.26 in the prior quarter.
- Across five years, FCF Payout Ratio topped out at 0.8 in Q2 2023 and bottomed at 0.14 in Q4 2022.
- The 5-year median for FCF Payout Ratio is 0.31 (2022), against an average of 0.33.
- Across the five-year window, FCF Payout Ratio jumped 127.14% in 2023 and plunged 59.41% in 2024, its largest moves.
- Year by year, FCF Payout Ratio stood at 0.14 in 2022, then soared by 127.14% to 0.31 in 2023, then dropped by 2.18% to 0.3 in 2024, then decreased by 14.96% to 0.26 in 2025, then surged by 50.99% to 0.39 in 2026.
- Per Business Quant, the three latest FRME FCF Payout Ratio figures stand at 0.39 (Q1 2026), 0.26 (Q4 2025), and 0.24 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | - |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | -1.36 |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | 5.86 |
| 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 | - | 0.18 |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 0.19 |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 0.36 |
| 10 | First Merchants | 2.62 Bn | 2.62 Bn | 7.44 Mn | 0.39 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.39 |
| Dec 31, 2025 | 0.26 |
| Sep 30, 2025 | 0.24 |
| Jun 30, 2025 | 0.39 |
| Mar 31, 2025 | 0.33 |
| Dec 31, 2024 | 0.30 |
| Sep 30, 2024 | 0.27 |
| Jun 30, 2024 | 0.32 |
| Mar 31, 2024 | 0.34 |
| Dec 31, 2023 | 0.31 |
| Sep 30, 2023 | 0.25 |
| Jun 30, 2023 | 0.80 |
| Mar 31, 2023 | 0.22 |
| Dec 31, 2022 | 0.14 |
| Sep 30, 2022 | 0.38 |
| Jun 30, 2022 | 0.42 |
| Mar 31, 2022 | 0.31 |
| Dec 31, 2021 | 0.29 |
| Sep 30, 2021 | 0.24 |
| Jun 30, 2021 | 0.37 |