First Merchants (FRME) Loans - Net (2011 - 2026)
First Merchants' (FRME) quarterly Loans - Net came in at $15.0 billion in Q1 2026, up 17.46% year-on-year from $12.8 billion in Q1 2025, and up 10.69% quarter-over-quarter from $13.6 billion in Q4 2025.
First Merchants (FRME) Loans - Net (2011 - 2026) Analysis & Trends
First Merchants' Loans - Net history runs 16 years deep, the most recent figure standing at $15.0 billion for Q1 2026.
- On a quarterly basis, Loans - Net rose 17.46% year-over-year to $15.0 billion in Q1 2026; TTM through Mar 2026 was $15.0 billion, a 17.46% increase from a year earlier, with the FY2025 full-year figure at $13.6 billion, up 7.38% from the prior year.
- Loans - Net improved to $15.0 billion in Q1 2026 per FRME's latest filing, from $13.6 billion in the prior quarter.
- Across five years, Loans - Net topped out at $15.0 billion in Q1 2026 and bottomed at $9.2 billion in Q1 2022.
- The 5-year median for Loans - Net is $12.3 billion (2023), against an average of $12.3 billion.
- Across the five-year window, Loans - Net grew 0.47% in 2022 and surged 31.2% in 2023, its largest moves.
- Year by year, Loans - Net stood at $11.8 billion in 2022, then gained by 4.25% to $12.3 billion in 2023, then rose by 3.1% to $12.7 billion in 2024, then grew by 7.38% to $13.6 billion in 2025, then advanced by 10.69% to $15.0 billion in 2026.
- Per Business Quant, the three latest FRME Loans - Net figures stand at $15.0 billion (Q1 2026), $13.6 billion (Q4 2025), and $13.4 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Net (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | - |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 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 | - |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | 670.04 Bn |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 664.40 Mn |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 1.09 Bn |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 356.26 Bn |
| 10 | First Merchants | 2.62 Bn | 2.62 Bn | 7.44 Mn | 15.05 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.05 Bn |
| Mar 31, 2026 | 15.05 Bn |
| Dec 31, 2025 | 13.60 Bn |
| Dec 31, 2025 | 13.60 Bn |
| Sep 30, 2025 | 13.40 Bn |
| Sep 30, 2025 | 13.40 Bn |
| Jun 30, 2025 | 13.10 Bn |
| Jun 30, 2025 | 13.10 Bn |
| Mar 31, 2025 | 12.81 Bn |
| Mar 31, 2025 | 12.81 Bn |
| Dec 31, 2024 | 12.66 Bn |
| Dec 31, 2024 | 12.66 Bn |
| Sep 30, 2024 | 12.46 Bn |
| Sep 30, 2024 | 12.46 Bn |
| Jun 30, 2024 | 12.45 Bn |
| Jun 30, 2024 | 12.45 Bn |
| Mar 31, 2024 | 12.26 Bn |
| Mar 31, 2024 | 12.26 Bn |
| Dec 31, 2023 | 12.28 Bn |
| Dec 31, 2023 | 12.28 Bn |