First Merchants (FRME) Goodwill (2011 - 2026)
First Merchants' Goodwill came in at $788.19 million for Q2 2026, up 10.7% from $712 million a year earlier and up 0.7% from the prior quarter.
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Analysis
First Merchants (FRME) Goodwill (2011 - 2026) Analysis & Trends
At the end of FY2025, First Merchants' Goodwill was $712 million, unchanged from FY2024.
- Goodwill carries a five-year compound annual growth rate of 5.5% (FY2020 to FY2025).
- Going back by year, Goodwill was $712 million in FY2024 (unchanged), $712 million in FY2023 (unchanged), $712 million in FY2022 (+30.6%) and $545.39 million in FY2021 (+0.3%).
- The Q2 2026 figure represents the highest quarterly Goodwill in data going back to Q4 2011.
- Year-over-year, Goodwill increased in two of the last eight quarters, with growth averaging 2.6%.
- The fastest year-over-year change in Goodwill over five years came in Q2 2022 (growth of 30.8%), and the weakest in Q2 2023 (a decline of 0.2%).
- Business Quant data shows FRME's Goodwill at $782.79 million (Q1 2026), $712 million (Q4 2025) and $712 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 890.60 Bn | 920.07 Bn | - |
| 2 | Banco Santander Chile | 421.74 Bn | 541.68 Bn | - |
| 3 | Bank Of America | 385.85 Bn | -1,990.22 Bn | - |
| 4 | Hsbc Holdings | 345.94 Bn | 345.99 Bn | - |
| 5 | Morgan Stanley | 303.15 Bn | -205.95 Bn | - |
| 6 | Royal Bank Of Canada | 279.82 Bn | 130.57 Bn | - |
| 7 | Mitsubishi Ufj Financial | 274.62 Bn | -1,313.87 Bn | 10.89 Bn |
| 8 | Goldman Sachs | 267.07 Bn | -3,290.04 Bn | - |
| 9 | Wells Fargo & Company | 243.79 Bn | 245.93 Bn | - |
| 10 | First Merchants | 2.49 Bn | 2.49 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 788.19 Mn |
| Mar 31, 2026 | 782.79 Mn |
| Dec 31, 2025 | 712.00 Mn |
| Sep 30, 2025 | 712.00 Mn |
| Jun 30, 2025 | 712.00 Mn |
| Mar 31, 2025 | 712.00 Mn |
| Dec 31, 2024 | 712.00 Mn |
| Sep 30, 2024 | 712.00 Mn |
| Jun 30, 2024 | 712.00 Mn |
| Mar 31, 2024 | 712.00 Mn |
| Dec 31, 2023 | 712.00 Mn |
| Sep 30, 2023 | 712.00 Mn |
| Jun 30, 2023 | 712.00 Mn |
| Mar 31, 2023 | 712.00 Mn |
| Dec 31, 2022 | 712.00 Mn |
| Sep 30, 2022 | 712.57 Mn |
| Jun 30, 2022 | 713.20 Mn |
| Mar 31, 2022 | 545.39 Mn |
| Dec 31, 2021 | 545.39 Mn |
| Sep 30, 2021 | 545.39 Mn |
API Access
First Merchants Goodwill API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=goodwill&ticker=FRME&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "ticker": "FRME", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=goodwill&ticker=FRME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();