First Merchants (FRME) Shares Outstanding (Diluted) (2010 - 2026)
First Merchants' Shares Outstanding (Diluted) came in at 62.57 million for Q2 2026, up 8.3% from 57.77 million a year earlier and up 2.6% from the prior quarter.
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Analysis
First Merchants (FRME) Shares Outstanding (Diluted) (2010 - 2026) Analysis & Trends
For FY2025, First Merchants' Shares Outstanding (Diluted) was 57.73 million, down 1.4% from FY2024.
- Shares Outstanding (Diluted) carries a five-year compound annual growth rate of 1.3% (FY2020 to FY2025).
- Going back by year, Shares Outstanding (Diluted) was 58.53 million in FY2024 (-1.6%), 59.49 million in FY2023 (+2.7%), 57.95 million in FY2022 (+7.3%) and 53.98 million in FY2021 (-0.4%).
- The Q2 2026 figure represents the highest quarterly Shares Outstanding (Diluted) in data going back to Q2 2010.
- Year-over-year, Shares Outstanding (Diluted) increased in two of the last eight quarters, with growth averaging 0.5%.
- The fastest year-over-year change in Shares Outstanding (Diluted) over five years came in Q1 2023 (growth of 10.9%), and the weakest in Q3 2024 (a decline of 2.0%).
- Business Quant data shows FRME's Shares Outstanding (Diluted) at 61.01 million (Q1 2026), 57.73 million (Q4 2025) and 57.45 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 886.05 Bn | 915.53 Bn | - | 2.69 Bn |
| 2 | Banco Santander Chile | 409.93 Bn | 529.88 Bn | - | 26.92 Bn |
| 3 | Bank Of America | 377.01 Bn | -1,999.06 Bn | - | 7.29 Bn |
| 4 | Hsbc Holdings | 329.11 Bn | 329.16 Bn | - | 3.51 Bn |
| 5 | Morgan Stanley | 295.54 Bn | -213.55 Bn | - | 1.57 Bn |
| 6 | Royal Bank Of Canada | 273.59 Bn | 124.33 Bn | - | 1.41 Bn |
| 7 | Mitsubishi Ufj Financial | 268.33 Bn | -1,320.16 Bn | 10.89 Bn | 11.40 Bn |
| 8 | Goldman Sachs | 261.29 Bn | -3,295.82 Bn | - | 304.90 Mn |
| 9 | Wells Fargo & Company | 243.13 Bn | 245.26 Bn | - | 3.07 Bn |
| 10 | First Merchants | 2.46 Bn | 2.46 Bn | - | 62.57 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 62.57 Mn |
| Mar 31, 2026 | 61.01 Mn |
| Dec 31, 2025 | 57.73 Mn |
| Sep 30, 2025 | 57.45 Mn |
| Jun 30, 2025 | 57.77 Mn |
| Mar 31, 2025 | 58.24 Mn |
| Dec 31, 2024 | 58.53 Mn |
| Sep 30, 2024 | 58.29 Mn |
| Jun 30, 2024 | 58.33 Mn |
| Mar 31, 2024 | 59.27 Mn |
| Dec 31, 2023 | 59.49 Mn |
| Sep 30, 2023 | 59.50 Mn |
| Jun 30, 2023 | 59.45 Mn |
| Mar 31, 2023 | 59.44 Mn |
| Dec 31, 2022 | 57.95 Mn |
| Sep 30, 2022 | 59.34 Mn |
| Jun 30, 2022 | 59.31 Mn |
| Mar 31, 2022 | 53.62 Mn |
| Dec 31, 2021 | 53.98 Mn |
| Sep 30, 2021 | 53.96 Mn |
API Access
First Merchants Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=FRME&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=FRME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();