First Merchants (FRME) Invested Capital (2011 - 2026)
First Merchants (FRME) posted quarterly Invested Capital of $1.6 billion for Q2 2026, up 38.13% year-over-year from $1.2 billion in Q2 2025, and down 2.51% on a QoQ basis from $1.6 billion in Q1 2026.
First Merchants (FRME) Invested Capital (2011 - 2026) Analysis & Trends
First Merchants has reported Invested Capital for 16 years, with the latest figure at $1.6 billion in Q2 2026.
- Invested Capital for Q2 2026 came in at $1.6 billion, up 38.13% year-over-year; the trailing twelve-month figure through Jun 2026 was $5.4 billion (up 14.4% YoY), and the FY2025 annual result was $999.9 million, down 13.66% from the prior year.
- Invested Capital retreated to $1.6 billion in Q2 2026, from $1.6 billion in the prior quarter.
- Over five years, Invested Capital peaked at $1.6 billion in Q1 2026 and troughed at $597.3 million in Q1 2022.
- A 5-year average of $1.1 billion and a median of $1.2 billion in 2023 frame the typical range for Invested Capital.
- The widest annual swing landed in 2022, when Invested Capital soared 107.17%; it then decreased 25.33% in 2024.
- A 5-year view of Invested Capital shows it stood at $1.3 billion in 2022, then fell by 21.7% to $1.0 billion in 2023, then advanced by 12.58% to $1.2 billion in 2024, then dropped by 13.66% to $999.9 million in 2025, then jumped by 60.39% to $1.6 billion in 2026.
- Per Business Quant data, the three most recent Invested Capital figures were $1.6 billion in Q2 2026, $1.6 billion in Q1 2026, and $999.9 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | 14.38 Bn |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | - |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 58.67 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | 296.51 Mn |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | 941.24 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 | - | 26.89 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 4.63 Bn |
| 10 | First Merchants | 2.62 Bn | 2.62 Bn | 7.27 Mn | 1.60 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.60 Bn |
| 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 |