First Merchants (FRME) Operating Expenses (2010 - 2026)

First Merchants has reported Operating Expenses for 17 years, with the latest figure at $125.1 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 34.71% year-over-year to $125.1 million; the trailing twelve-month figure through Mar 2026 stood at $414.8 million (up 10.55% YoY), and the FY2025 full-year result was $382.6 million, up 0.87% from the prior year.
• Operating Expenses for Q1 2026 stood at $125.1 million, up from $99.5 million in the prior quarter.
• The five-year high for Operating Expenses was $125.1 million in Q1 2026, with the low at $72.3 million in Q1 2022.
• Historically, Operating Expenses has averaged $95.9 million across 5 years, with a median of $94.6 million in 2024.
• Annual changes were most pronounced in 2022 — Operating Expenses soared 40.43% — and 2024, when it fell 10.93%.
• First Merchants' Operating Expenses stood at $89.7 million in 2022, then increased by 20.52% to $108.1 million in 2023, then dropped by 10.93% to $96.3 million in 2024, then increased by 3.36% to $99.5 million in 2025, then advanced by 25.75% to $125.1 million in 2026.
• The last three Operating Expenses figures came in at $125.1 million (Q1 2026), $99.5 million (Q4 2025), and $96.6 million (Q3 2025), per Business Quant data.