KPIs & Operating Metrics(New)

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

First Merchants posted quarterly Invested Capital of $4.3 billion for Q1 2026, up 17.48% year-on-year from $3.7 billion in Q1 2025, and up 24.55% on a QoQ basis from $3.5 billion in Q4 2025.

First Merchants (FRME) has 17 years of Invested Capital data on file, last reported 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.
  • Across five years, Invested Capital topped out at $4.3 billion in Q1 2026 and bottomed at $2.4 billion in Q1 2022.
  • The 5-year median for Invested Capital is $3.3 billion (2022), against an average of $3.3 billion.
  • The widest annual swing landed in 2023, when Invested Capital soared 36.24%; it then decreased 5.8% in 2024.
  • A 5-year view of Invested Capital shows it stood at $3.3 billion in 2022, then dropped by 2.16% to $3.3 billion in 2023, then grew by 5.7% to $3.5 billion in 2024, then gained by 0.1% to $3.5 billion in 2025, then advanced 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 90,891.20 Bn 90,891.20 Bn - 1.29 Mn
2 Bank Bradesco 6,807.69 Bn 6,791.75 Bn - 54.97 Bn
3 Lloyds Banking 426.28 Bn 426.28 Bn - 1,224.75 Bn
4 NatWest 184.56 Bn 184.56 Bn - 146.60 Bn
5 First Capital 181.18 Bn 181.03 Bn - 138.15 Mn
6 Landmark Bancorp 164.67 Bn 164.64 Bn - 161.61 Mn
7 Deutsche Bank Aktiengesellschaft 161.63 Bn -151,939.28 Bn - 262.54 Bn
8 KB Financial 150.02 Bn 142.15 Bn - 50.12 Bn
9 Pnc Financial Services 88.79 Bn 88.84 Bn - 130.34 Bn
10 First Merchants 2.44 Bn 2.44 Bn -1.01 Mn 4.32 Bn

Historic Data

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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
Mar 31, 2021 2.47 Bn
Dec 31, 2020 2.56 Bn
Sep 30, 2020 2.62 Bn
Jun 30, 2020 2.68 Bn
Mar 31, 2020 2.62 Bn
Dec 31, 2019 2.52 Bn
Sep 30, 2019 2.43 Bn
Jun 30, 2019 2.29 Bn
Mar 31, 2019 2.07 Bn
Dec 31, 2018 1.55 Bn
Sep 30, 2018 2.09 Bn
Jun 30, 2018 2.18 Bn
Mar 31, 2018 2.09 Bn
Dec 31, 2017 2.14 Bn
Sep 30, 2017 775.60 Mn
Jun 30, 2017 719.97 Mn
Mar 31, 2017 707.21 Mn
Dec 31, 2016 1.60 Bn
Sep 30, 2016 626.26 Mn
Jun 30, 2016 545.69 Mn
Mar 31, 2016 558.66 Mn
Dec 31, 2015 1.42 Bn
Sep 30, 2015 562.90 Mn
Jun 30, 2015 539.01 Mn
Mar 31, 2015 441.64 Mn
Dec 31, 2014 1.14 Bn
Sep 30, 2014 1.25 Bn
Jun 30, 2014 1.25 Bn
Mar 31, 2014 1.14 Bn
Dec 31, 2013 1.16 Bn
Sep 30, 2013 1.04 Bn
Jun 30, 2013 962.68 Mn
Mar 31, 2013 905.32 Mn
Dec 31, 2012 919.33 Mn
Dec 31, 2011 1.00 Bn
Dec 31, 2010 454.41 Mn