First Merchants (FRME) Price to FCF (2010 - 2025)
First Merchants' Price to FCF was 8.63 in Q2 2026, up 2.2% from 8.45 a year earlier and unchanged from the prior quarter.
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Analysis
First Merchants (FRME) Price to FCF (2010 - 2025) Analysis & Trends
For FY2025, Price to FCF at First Merchants came in at 7.53, down 13.4% from FY2024.
- In earlier years, Price to FCF was 8.69 in FY2024 (+2.0%), 8.51 in FY2023 (-0.5%), 8.56 in FY2022 (-17.6%) and 10.39 in FY2021 (+5.0%).
- The Q2 2026 figure marks the highest quarterly Price to FCF since Q1 2025.
- Compared with a year earlier, Price to FCF was higher in four of the last eight quarters, with growth averaging 8.4%.
- The best year-over-year quarter for Price to FCF over five years was Q3 2024 (growth of 64.7%); the worst was Q3 2023 (a decline of 56.9%).
- Per Business Quant data, FRME's Price to FCF in the three quarters before Q2 2026 was 8.63 (Q1 2026), 7.53 (Q4 2025) and 7.97 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn |
| 10 | First Merchants | 256.31 Mn | 256.31 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 0.76 |
| Sep 30, 2025 | 0.80 |
| Jun 30, 2025 | 0.85 |
| Mar 31, 2025 | 0.87 |
| Dec 31, 2024 | 0.87 |
| Sep 30, 2024 | 0.82 |
| Jun 30, 2024 | 0.72 |
| Mar 31, 2024 | 0.89 |
| Dec 31, 2023 | 0.86 |
| Sep 30, 2023 | 0.51 |
| Jun 30, 2023 | 0.57 |
| Mar 31, 2022 | 1.10 |
| Dec 31, 2021 | 1.06 |
| Sep 30, 2021 | 1.03 |
| Jun 30, 2021 | 1.25 |
| Mar 31, 2021 | 1.36 |
| Dec 31, 2020 | 0.99 |
| Sep 30, 2020 | 0.71 |
| Jun 30, 2019 | 1.04 |
| Mar 31, 2019 | 0.91 |
API Access
First Merchants Price to FCF 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=price-to-fcf&ticker=FRME&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-fcf", "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=price-to-fcf&ticker=FRME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();