First Merchants (FRME) Retained Earnings (2011 - 2026)
First Merchants (FRME) recorded Retained Earnings of $1.44 billion in Q2 2026, up 7.2% from $1.34 billion a year earlier and up 1.4% from the prior quarter.
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Analysis
First Merchants (FRME) Retained Earnings (2011 - 2026) Analysis & Trends
At the end of FY2025, First Merchants reported Retained Earnings of $1.41 billion, up 11.1% from FY2024.
- Annual Retained Earnings has increased for 14 straight years, with a five-year compound annual growth rate of 12.4% (FY2020 to FY2025).
- Across earlier years, Retained Earnings came in at $1.27 billion in FY2024 (+10.2%), $1.15 billion in FY2023 (+14.0%), $1.01 billion in FY2022 (+17.1%) and $864.84 million in FY2021 (+9.7%).
- The Q2 2026 figure is the highest quarterly Retained Earnings in data going back to Q4 2011.
- On a year-over-year basis, Retained Earnings has increased for 51 consecutive quarters, with growth averaging 10.0% over the last eight quarters.
- Across the past five years, year-over-year growth in Retained Earnings ran from 7.2% in Q2 2026 to 19.6% in Q2 2023.
- Per Business Quant, the preceding three quarters came in at $1.42 billion (Q1 2026), $1.41 billion (Q4 2025) and $1.38 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 445.02 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | 661.60 Bn |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 274.52 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | 21.39 Bn |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 122.77 Bn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 74.21 Bn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | 102.78 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 174.35 Bn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 237.23 Bn |
| 10 | First Merchants | 2.47 Bn | 2.47 Bn | - | 1.44 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.44 Bn |
| Mar 31, 2026 | 1.42 Bn |
| Dec 31, 2025 | 1.41 Bn |
| Sep 30, 2025 | 1.38 Bn |
| Jun 30, 2025 | 1.34 Bn |
| Mar 31, 2025 | 1.31 Bn |
| Dec 31, 2024 | 1.27 Bn |
| Sep 30, 2024 | 1.23 Bn |
| Jun 30, 2024 | 1.20 Bn |
| Mar 31, 2024 | 1.18 Bn |
| Dec 31, 2023 | 1.15 Bn |
| Sep 30, 2023 | 1.13 Bn |
| Jun 30, 2023 | 1.10 Bn |
| Mar 31, 2023 | 1.06 Bn |
| Dec 31, 2022 | 1.01 Bn |
| Sep 30, 2022 | 961.54 Mn |
| Jun 30, 2022 | 917.31 Mn |
| Mar 31, 2022 | 897.82 Mn |
| Dec 31, 2021 | 864.84 Mn |
| Sep 30, 2021 | 832.73 Mn |
API Access
First Merchants Retained Earnings 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=retained-earnings&ticker=FRME&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "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=retained-earnings&ticker=FRME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();