First Merchants (FRME) Research & Development: 2009-2024
Historic Research & Development for First Merchants (FRME) over the last 16 years, with Dec 2024 value amounting to $27.1 million.
- First Merchants' Research & Development fell 2.90% to $6.9 million in Q3 2025 from the same period last year, while for Sep 2025 it was $26.0 million, marking a year-over-year decrease of 3.62%. This contributed to the annual value of $27.1 million for FY2024, which is 7.85% up from last year.
- Per First Merchants' latest filing, its Research & Development stood at $27.1 million for FY2024, which was up 7.85% from $25.2 million recorded in FY2023.
- Over the past 5 years, First Merchants' Research & Development peaked at $27.1 million during FY2024, and registered a low of $14.4 million during FY2020.
- Moreover, its 3-year median value for Research & Development was $25.2 million (2023), whereas its average is $24.7 million.
- As far as peak fluctuations go, First Merchants' Research & Development decreased by 12.41% in 2020, and later grew by 26.92% in 2021.
- Over the past 5 years, First Merchants' Research & Development (Yearly) stood at $14.4 million in 2020, then climbed by 26.92% to $18.3 million in 2021, then rose by 18.37% to $21.7 million in 2022, then grew by 16.06% to $25.2 million in 2023, then grew by 7.85% to $27.1 million in 2024.