First Merchants (FRME) Invested Capital (2010 - 2026)

First Merchants (FRME) reported Invested Capital of $4.3 billion for Q1 2026, up 17.48% on a YoY basis from $3.7 billion in Q1 2025, and up 24.55% quarter-over-quarter from $3.5 billion in Q4 2025.

First Merchants (FRME) Invested Capital (2010 - 2026) Analysis & Trends

First Merchants has reported Invested Capital for 17 years, with the latest figure at $4.3 billion in Q1 2026.

  • For the quarter ending Q1 2026, Invested Capital rose 17.48% year-over-year to $4.3 billion; the trailing twelve-month figure through Mar 2026 stood at $4.3 billion (up 17.48% YoY), and the FY2025 full-year result was $3.5 billion, changed 0.1% from the prior year.
  • Invested Capital for Q1 2026 stood at $4.3 billion, up from $3.5 billion in the prior quarter.
  • The five-year high for Invested Capital was $4.3 billion in Q1 2026, with the low at $2.4 billion in Q1 2022.
  • Historically, Invested Capital has averaged $3.3 billion across 5 years, with a median of $3.3 billion in 2022.
  • Annual changes were most pronounced in 2023 — Invested Capital soared 36.24% — and 2024, when it decreased 5.8%.
  • First Merchants' Invested Capital stood at $3.3 billion in 2022, then slipped by 2.16% to $3.3 billion in 2023, then climbed by 5.7% to $3.5 billion in 2024, then rose by 0.1% to $3.5 billion in 2025, then gained by 24.55% to $4.3 billion in 2026.
  • The last three Invested Capital figures came in at $4.3 billion (Q1 2026), $3.5 billion (Q4 2025), and $3.6 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Bank Of Chile 98,685.34 Bn 98,685.34 Bn - 324,053.00
2 Bank Bradesco 6,797.89 Bn 6,781.94 Bn - 54.97 Bn
3 Lloyds Banking 384.13 Bn 384.40 Bn - 42.37 Bn
4 First Capital 210.21 Bn 210.06 Bn - 138.15 Mn
5 Itau Unibanco Holding 201.76 Bn 201.76 Bn - 449.64 Bn
6 Landmark Bancorp 180.25 Bn 180.22 Bn - 161.61 Mn
7 NatWest 168.65 Bn -51.67 Bn - 153.52 Bn
8 Shinhan Financial 142.02 Bn 109.60 Bn - 50.26 Bn
9 Mizuho Financial 112.02 Bn 112.56 Bn - 63.17 Bn
10 First Merchants 2.50 Bn 2.50 Bn -1.01 Mn 4.32 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 4.32 Bn
Dec 31, 2025 3.47 Bn
Sep 30, 2025 3.59 Bn
Jun 30, 2025 3.51 Bn
Mar 31, 2025 3.68 Bn
Dec 31, 2024 3.46 Bn
Sep 30, 2024 3.38 Bn
Jun 30, 2024 3.39 Bn
Mar 31, 2024 3.09 Bn
Dec 31, 2023 3.28 Bn
Sep 30, 2023 3.12 Bn
Jun 30, 2023 3.17 Bn
Mar 31, 2023 3.28 Bn
Dec 31, 2022 3.35 Bn
Sep 30, 2022 3.08 Bn
Jun 30, 2022 3.01 Bn
Mar 31, 2022 2.40 Bn
Dec 31, 2021 2.55 Bn
Sep 30, 2021 2.50 Bn
Jun 30, 2021 2.47 Bn