First Merchants (FRME) Invested Capital (2011 - 2026)
First Merchants' (FRME) quarterly Invested Capital came in at $1.6 billion in Q1 2026, up 22.48% year-on-year from $1.3 billion in Q1 2025, and up 64.51% quarter-over-quarter from $999.9 million in Q4 2025.
First Merchants (FRME) Invested Capital (2011 - 2026) Analysis & Trends
First Merchants' Invested Capital history runs 16 years deep, the most recent figure standing at $1.6 billion for Q1 2026.
- On a quarterly basis, Invested Capital rose 22.48% year-over-year to $1.6 billion in Q1 2026; TTM through Mar 2026 was $5.0 billion, a 4.78% increase from a year earlier, with the FY2025 full-year figure at $999.9 million, down 13.66% from the prior year.
- Invested Capital advanced to $1.6 billion in Q1 2026 per FRME's latest filing, from $999.9 million in the prior quarter.
- Across five years, Invested Capital topped out at $1.6 billion in Q1 2026 and bottomed at $597.3 million in Q1 2022.
- The 5-year median for Invested Capital is $1.2 billion (2023), against an average of $1.1 billion.
- Across the five-year window, Invested Capital surged 107.17% in 2022 and retreated 25.33% in 2024, its largest moves.
- Year by year, Invested Capital stood at $1.3 billion in 2022, then retreated by 21.7% to $1.0 billion in 2023, then climbed by 12.58% to $1.2 billion in 2024, then declined by 13.66% to $999.9 million in 2025, then surged by 64.51% to $1.6 billion in 2026.
- Per Business Quant, the three latest FRME Invested Capital figures stand at $1.6 billion (Q1 2026), $999.9 million (Q4 2025), and $1.2 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | 7.75 Bn |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | 2.00 Bn |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | - |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | 94.66 Bn |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | 13.18 Bn |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | 42.37 Bn |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | - |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | - |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | - |
| 10 | First Merchants | 2.62 Bn | 2.62 Bn | 7.44 Mn | 1.64 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.64 Bn |
| Dec 31, 2025 | 999.93 Mn |
| Sep 30, 2025 | 1.18 Bn |
| Jun 30, 2025 | 1.16 Bn |
| Mar 31, 2025 | 1.34 Bn |
| Dec 31, 2024 | 1.16 Bn |
| Sep 30, 2024 | 1.08 Bn |
| Jun 30, 2024 | 1.17 Bn |
| Mar 31, 2024 | 861.65 Mn |
| Dec 31, 2023 | 1.03 Bn |
| Sep 30, 2023 | 1.02 Bn |
| Jun 30, 2023 | 1.03 Bn |
| Mar 31, 2023 | 1.15 Bn |
| Dec 31, 2022 | 1.31 Bn |
| Sep 30, 2022 | 1.17 Bn |
| Jun 30, 2022 | 1.04 Bn |
| Mar 31, 2022 | 597.33 Mn |
| Dec 31, 2021 | 634.25 Mn |
| Sep 30, 2021 | 636.30 Mn |
| Jun 30, 2021 | 599.65 Mn |