First Merchants FRME
NASDAQ FRME
$42.03 +0.09 (+0.21%)
At close: Aug 21, 2026 · 4:00 PM EDT

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
DateValue
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