First Merchants (FRME) Loans - Net (2009 - 2026)
First Merchants' Loans - Net was $15.39 billion in Q3 2026, up 14.8% from $13.4 billion a year earlier and up 0.6% from the prior quarter.
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Analysis
First Merchants (FRME) Loans - Net (2009 - 2026) Analysis & Trends
At the end of FY2025, Loans - Net at First Merchants came in at $13.6 billion, up 7.4% from FY2024.
- Loans - Net has now increased for four consecutive years, with a five-year compound annual growth rate of 8.3% (FY2020 to FY2025).
- In earlier years, Loans - Net was $12.66 billion in FY2024 (+3.1%), $12.28 billion in FY2023 (+4.2%), $11.78 billion in FY2022 (+30.2%) and $9.05 billion in FY2021 (-0.7%).
- The Q3 2026 figure marks the highest quarterly Loans - Net in data going back to Q4 2011.
- Compared with a year earlier, Loans - Net has increased for 19 straight quarters, with growth averaging 9.6% over the last eight quarters.
- The best year-over-year quarter for Loans - Net over five years was Q1 2023 (growth of 31.2%); the worst was Q4 2021 (a decline of 0.7%).
- Per Business Quant data, FRME's Loans - Net in the three quarters before Q3 2026 was $15.29 billion (Q2 2026), $15.05 billion (Q1 2026) and $13.6 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Net (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | 1,558.37 Bn |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | 1,238.26 Bn |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - | 1,029.86 Bn |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - | 297.21 Bn |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - | 791.32 Bn |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | 275.65 Bn |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | 1,034.29 Bn |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | - |
| 10 | First Merchants | 256.31 Mn | 256.31 Mn | - | 15.39 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 15.39 Bn |
| Jun 30, 2026 | 15.29 Bn |
| Mar 31, 2026 | 15.05 Bn |
| Dec 31, 2025 | 13.60 Bn |
| Sep 30, 2025 | 13.40 Bn |
| Jun 30, 2025 | 13.10 Bn |
| Mar 31, 2025 | 12.81 Bn |
| Dec 31, 2024 | 12.66 Bn |
| Sep 30, 2024 | 12.46 Bn |
| Jun 30, 2024 | 12.45 Bn |
| Mar 31, 2024 | 12.26 Bn |
| Dec 31, 2023 | 12.28 Bn |
| Sep 30, 2023 | 12.07 Bn |
| Jun 30, 2023 | 12.05 Bn |
| Mar 31, 2023 | 12.02 Bn |
| Dec 31, 2022 | 11.78 Bn |
| Sep 30, 2022 | 11.42 Bn |
| Jun 30, 2022 | 11.17 Bn |
| Mar 31, 2022 | 9.16 Bn |
| Dec 31, 2021 | 9.05 Bn |
API Access
First Merchants Loans - Net API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=loans-net&ticker=FRME&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "loans-net", "ticker": "FRME", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=loans-net&ticker=FRME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();