First Merchants (FRME) FCF Payout Ratio (2012 - 2026)
First Merchants (FRME) posted quarterly FCF Payout Ratio of 0.26 for Q2 2026, down 31.92% year-over-year from 0.39 in Q2 2025, and down 32.26% on a QoQ basis from 0.39 in Q1 2026.
First Merchants (FRME) FCF Payout Ratio (2012 - 2026) Analysis & Trends
First Merchants has reported FCF Payout Ratio for 15 years, with the latest figure at 0.26 in Q2 2026.
- FCF Payout Ratio for Q2 2026 came in at 0.26, down 31.92% year-over-year; the trailing twelve-month figure through Jun 2026 was 0.28 (down 12.13% YoY), and the FY2025 annual result was 0.29, down 4.66% from the prior year.
- FCF Payout Ratio retreated to 0.26 in Q2 2026, from 0.39 in the prior quarter.
- Over five years, FCF Payout Ratio peaked at 0.8 in Q2 2023 and troughed at 0.14 in Q4 2022.
- A 5-year average of 0.33 and a median of 0.31 in 2023 frame the typical range for FCF Payout Ratio.
- The widest annual swing landed in 2023, when FCF Payout Ratio surged 127.14%; it then tumbled 59.41% in 2024.
- A 5-year view of FCF Payout Ratio shows it stood at 0.14 in 2022, then surged by 127.14% to 0.31 in 2023, then slipped by 2.18% to 0.3 in 2024, then retreated by 14.96% to 0.26 in 2025, then rose by 2.27% to 0.26 in 2026.
- Per Business Quant data, the three most recent FCF Payout Ratio figures were 0.26 in Q2 2026, 0.39 in Q1 2026, and 0.26 in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 0.32 |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 0.17 |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 0.67 |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | - |
| 10 | First Merchants | 2.62 Bn | 2.62 Bn | 7.27 Mn | 0.26 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.26 |
| 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 |