KPIs & Operating Metrics(New)

First Merchants (FRME) Operating Expenses (2016 - 2026)

First Merchants (FRME) has disclosed Operating Expenses for 11 consecutive years, with $125.1 million as the latest value for Q1 2026.

  • For Q1 2026, Operating Expenses rose 34.71% year-over-year to $125.1 million; the TTM value through Mar 2026 reached $414.8 million, up 10.55%, while the annual FY2025 figure was $382.6 million, 0.87% up from the prior year.
  • Operating Expenses hit $125.1 million in Q1 2026 for First Merchants, up from $99.5 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $125.1 million in Q1 2026 and bottomed at $72.3 million in Q1 2022.
  • Average Operating Expenses over 5 years is $95.9 million, with a median of $94.6 million recorded in 2024.
  • Year-over-year, Operating Expenses skyrocketed 40.43% in 2022 and then dropped 10.93% in 2024.
  • First Merchants' Operating Expenses stood at $89.7 million in 2022, then grew by 20.52% to $108.1 million in 2023, then fell by 10.93% to $96.3 million in 2024, then grew by 3.36% to $99.5 million in 2025, then grew by 25.75% to $125.1 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $125.1 million, $99.5 million, and $96.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.