First Merchants (FRME) Free Cash Flow (2012 - 2026)
First Merchants posted quarterly Free Cash Flow of $58.6 million for Q1 2026, down 5.04% year-on-year from $61.7 million in Q1 2025, and down 27.41% on a QoQ basis from $80.7 million in Q4 2025.
First Merchants (FRME) has 15 years of Free Cash Flow data on file, last reported at $58.6 million in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow fell 5.04% year-over-year to $58.6 million; the trailing twelve-month figure through Mar 2026 stood at $280.5 million (up 4.26% YoY), and the FY2025 full-year result was $283.6 million, up 6.55% from the prior year.
- Free Cash Flow for Q1 2026 stood at $58.6 million, down from $80.7 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $139.6 million in Q4 2022 and bottomed at $25.4 million in Q2 2023.
- The 5-year median for Free Cash Flow is $63.0 million (2024), against an average of $67.7 million.
- The widest annual swing landed in 2022, when Free Cash Flow jumped 159.42%; it then sank 53.0% in 2023.
- A 5-year view of Free Cash Flow shows it stood at $139.6 million in 2022, then slumped by 53.0% to $65.6 million in 2023, then advanced by 2.88% to $67.5 million in 2024, then climbed by 19.57% to $80.7 million in 2025, then retreated by 27.41% to $58.6 million in 2026.
- The last three Free Cash Flow figures came in at $58.6 million (Q1 2026), $80.7 million (Q4 2025), and $87.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | -172,298.00 |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 5.85 Mn |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 6.71 Mn |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | - |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | 390,677.59 |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 1.93 Bn |
| 10 | First Merchants | 2.44 Bn | 2.44 Bn | -1.01 Mn | 58.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 58.59 Mn |
| Mar 31, 2026 | 58.59 Mn |
| Dec 31, 2025 | 80.71 Mn |
| Dec 31, 2025 | 80.71 Mn |
| Sep 30, 2025 | 87.56 Mn |
| Sep 30, 2025 | 87.56 Mn |
| Jun 30, 2025 | 53.68 Mn |
| Jun 30, 2025 | 53.68 Mn |
| Mar 31, 2025 | 61.70 Mn |
| Mar 31, 2025 | 61.70 Mn |
| Dec 31, 2024 | 67.50 Mn |
| Dec 31, 2024 | 67.50 Mn |
| Sep 30, 2024 | 76.83 Mn |
| Sep 30, 2024 | 76.83 Mn |
| Jun 30, 2024 | 63.03 Mn |
| Jun 30, 2024 | 63.03 Mn |
| Mar 31, 2024 | 58.85 Mn |
| Mar 31, 2024 | 58.85 Mn |
| Dec 31, 2023 | 65.62 Mn |
| Dec 31, 2023 | 65.62 Mn |
| Sep 30, 2023 | 80.25 Mn |
| Sep 30, 2023 | 80.25 Mn |
| Jun 30, 2023 | 25.36 Mn |
| Jun 30, 2023 | 25.36 Mn |
| Mar 31, 2023 | 87.61 Mn |
| Mar 31, 2023 | 87.61 Mn |
| Dec 31, 2022 | 139.61 Mn |
| Dec 31, 2022 | 139.61 Mn |
| Sep 30, 2022 | 49.62 Mn |
| Sep 30, 2022 | 49.62 Mn |
| Jun 30, 2022 | 44.84 Mn |
| Jun 30, 2022 | 44.84 Mn |
| Mar 31, 2022 | 50.22 Mn |
| Mar 31, 2022 | 50.22 Mn |
| Dec 31, 2021 | 53.81 Mn |
| Dec 31, 2021 | 53.81 Mn |
| Sep 30, 2021 | 66.41 Mn |
| Sep 30, 2021 | 66.41 Mn |
| Jun 30, 2021 | 42.31 Mn |
| Jun 30, 2021 | 42.31 Mn |
| Mar 31, 2021 | 52.81 Mn |
| Mar 31, 2021 | 52.81 Mn |
| Dec 31, 2020 | 59.50 Mn |
| Dec 31, 2020 | 59.50 Mn |
| Sep 30, 2020 | 29.63 Mn |
| Sep 30, 2020 | 29.63 Mn |
| Jun 30, 2020 | 43.21 Mn |
| Jun 30, 2020 | 43.21 Mn |
| Mar 31, 2020 | 71.49 Mn |
| Mar 31, 2020 | 71.49 Mn |
| Dec 31, 2019 | 40.20 Mn |
| Dec 31, 2019 | 40.20 Mn |
| Sep 30, 2019 | 53.52 Mn |
| Sep 30, 2019 | 53.52 Mn |
| Jun 30, 2019 | 31.07 Mn |
| Jun 30, 2019 | 31.07 Mn |
| Mar 31, 2019 | 51.94 Mn |
| Mar 31, 2019 | 51.94 Mn |
| Dec 31, 2018 | 44.08 Mn |
| Dec 31, 2018 | 44.08 Mn |
| Sep 30, 2018 | 54.43 Mn |
| Sep 30, 2018 | 54.43 Mn |
| Jun 30, 2018 | 50.73 Mn |
| Jun 30, 2018 | 50.73 Mn |
| Mar 31, 2018 | 31.00 Mn |
| Mar 31, 2018 | 31.00 Mn |
| Dec 31, 2017 | 47.14 Mn |
| Dec 31, 2017 | 47.14 Mn |
| Sep 30, 2017 | 21.87 Mn |
| Sep 30, 2017 | 21.87 Mn |
| Jun 30, 2017 | 22.17 Mn |
| Jun 30, 2017 | 22.17 Mn |
| Mar 31, 2017 | 35.33 Mn |
| Mar 31, 2017 | 35.33 Mn |
| Dec 31, 2016 | 22.92 Mn |
| Dec 31, 2016 | 22.92 Mn |
| Sep 30, 2016 | 48.12 Mn |
| Sep 30, 2016 | 48.12 Mn |
| Jun 30, 2016 | 7.88 Mn |
| Jun 30, 2016 | 7.88 Mn |
| Mar 31, 2016 | 24.80 Mn |
| Mar 31, 2016 | 24.80 Mn |
| Dec 31, 2015 | 2.61 Mn |
| Dec 31, 2015 | 2.61 Mn |
| Sep 30, 2015 | 17.64 Mn |
| Sep 30, 2015 | 17.64 Mn |
| Jun 30, 2015 | 18.71 Mn |
| Jun 30, 2015 | 18.71 Mn |
| Mar 31, 2015 | 17.70 Mn |
| Mar 31, 2015 | 17.70 Mn |
| Dec 31, 2014 | 23.43 Mn |
| Dec 31, 2014 | 23.43 Mn |
| Sep 30, 2014 | 23.77 Mn |
| Sep 30, 2014 | 23.77 Mn |
| Jun 30, 2014 | 22.06 Mn |
| Jun 30, 2014 | 22.06 Mn |
| Mar 31, 2014 | 6.58 Mn |
| Mar 31, 2014 | 6.58 Mn |
| Dec 31, 2013 | 116.87 Mn |
| Dec 31, 2013 | 116.87 Mn |
| Sep 30, 2013 | 22.46 Mn |
| Sep 30, 2013 | 22.46 Mn |
| Jun 30, 2013 | 31.96 Mn |
| Jun 30, 2013 | 31.96 Mn |
| Mar 31, 2013 | 11.84 Mn |
| Mar 31, 2013 | 11.84 Mn |
| Dec 31, 2012 | 23.08 Mn |
| Dec 31, 2012 | 23.08 Mn |
| Sep 30, 2012 | 9.62 Mn |
| Sep 30, 2012 | 9.62 Mn |
| Jun 30, 2012 | 27.06 Mn |
| Jun 30, 2012 | 27.06 Mn |
| Mar 31, 2012 | 10.52 Mn |
| Mar 31, 2012 | 10.52 Mn |