KPIs & Operating Metrics(New)

First Merchants (FRME) Shares Outstanding (Diluted Average) (2010 - 2026)

First Merchants posted quarterly Shares Outstanding (Diluted Average) of $61.0 million for Q1 2026, up 4.75% year-on-year from $58.2 million in Q1 2025, and up 5.69% on a QoQ basis from $57.7 million in Q4 2025.

First Merchants (FRME) has 17 years of Shares Outstanding (Diluted Average) data on file, last reported at $61.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Shares Outstanding (Diluted Average) rose 4.75% year-over-year to $61.0 million; the trailing twelve-month figure through Mar 2026 stood at $61.0 million (up 4.75% YoY), and the FY2025 full-year result was $57.7 million, down 1.38% from the prior year.
  • Shares Outstanding (Diluted Average) for Q1 2026 stood at $61.0 million, up from $57.7 million in the prior quarter.
  • Across five years, Shares Outstanding (Diluted Average) topped out at $61.0 million in Q1 2026 and bottomed at $53.6 million in Q1 2022.
  • The 5-year median for Shares Outstanding (Diluted Average) is $58.8 million (2024), against an average of $58.6 million.
  • The widest annual swing landed in 2023, when Shares Outstanding (Diluted Average) rose 10.86%; it then declined 2.01% in 2025.
  • A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $58.0 million in 2022, then increased by 2.65% to $59.5 million in 2023, then declined by 1.61% to $58.5 million in 2024, then dropped by 1.38% to $57.7 million in 2025, then rose by 5.69% to $61.0 million in 2026.
  • The last three Shares Outstanding (Diluted Average) figures came in at $61.0 million (Q1 2026), $57.7 million (Q4 2025), and $57.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Diluted Avg.) (Qtr)
1 Bank Of Chile 90,891.20 Bn 90,891.20 Bn - -
2 Bank Bradesco 6,807.69 Bn 6,791.75 Bn - -
3 Lloyds Banking 426.28 Bn 426.28 Bn - -
4 NatWest 184.56 Bn 184.56 Bn - -
5 First Capital 181.18 Bn 181.03 Bn - -
6 Landmark Bancorp 164.67 Bn 164.64 Bn - -
7 Deutsche Bank Aktiengesellschaft 161.63 Bn -151,939.28 Bn - -
8 KB Financial 150.02 Bn 142.15 Bn - -
9 Pnc Financial Services 88.79 Bn 88.84 Bn - 405.00 Mn
10 First Merchants 2.44 Bn 2.44 Bn -1.01 Mn 61.01 Mn

Historic Data

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DateValue
Mar 31, 2026 61.01 Mn
Dec 31, 2025 57.73 Mn
Sep 30, 2025 57.45 Mn
Jun 30, 2025 58.01 Mn
Mar 31, 2025 58.24 Mn
Dec 31, 2024 58.53 Mn
Sep 30, 2024 58.63 Mn
Jun 30, 2024 58.80 Mn
Mar 31, 2024 59.27 Mn
Dec 31, 2023 59.49 Mn
Sep 30, 2023 59.47 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
Sep 30, 2021 54.09 Mn
Jun 30, 2021 54.16 Mn
Mar 31, 2021 54.13 Mn
Dec 31, 2020 54.22 Mn
Sep 30, 2020 54.28 Mn
Jun 30, 2020 54.43 Mn
Mar 31, 2020 54.92 Mn
Dec 31, 2019 55.52 Mn
Sep 30, 2019 51.57 Mn
Jun 30, 2019 49.55 Mn
Mar 31, 2019 49.54 Mn
Dec 31, 2018 49.47 Mn
Sep 30, 2018 49.49 Mn
Jun 30, 2018 49.45 Mn
Mar 31, 2018 49.43 Mn
Dec 31, 2017 45.40 Mn
Sep 30, 2017 48.64 Mn
Jun 30, 2017 42.24 Mn
Mar 31, 2017 41.22 Mn
Dec 31, 2016 41.01 Mn
Sep 30, 2016 41.03 Mn
Jun 30, 2016 40.97 Mn
Mar 31, 2016 40.92 Mn
Dec 31, 2015 38.09 Mn
Sep 30, 2015 38.12 Mn
Jun 30, 2015 38.04 Mn
Mar 31, 2015 38.00 Mn
Dec 31, 2014 36.55 Mn
Sep 30, 2014 36.33 Mn
Jun 30, 2014 36.29 Mn
Mar 31, 2014 36.26 Mn
Dec 31, 2013 30.01 Mn
Sep 30, 2013 29.08 Mn
Jun 30, 2013 29.02 Mn
Mar 31, 2013 28.97 Mn
Dec 31, 2012 28.85 Mn
Sep 30, 2012 28.89 Mn
Jun 30, 2012 28.82 Mn
Mar 31, 2012 28.75 Mn
Dec 31, 2011 26.69 Mn
Sep 30, 2011 26.37 Mn
Jun 30, 2011 25.78 Mn
Mar 31, 2011 25.76 Mn
Dec 31, 2010 24.64 Mn
Sep 30, 2010 25.69 Mn
Jun 30, 2010 25.63 Mn