First Merchants (FRME) Wages, Salaries and Other (2009 - 2026)
First Merchants (FRME) posted Wages, Salaries and Other of $66.34 million for Q3 2026, up 15.7% from $57.32 million a year earlier and up 0.9% from the prior quarter.
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Analysis
First Merchants (FRME) Wages, Salaries and Other (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Wages, Salaries and Other at First Merchants was $259.81 million, up 16.9% year-over-year; for FY2025, it came in at $225.08 million, up 1.8% from FY2024.
- Annual Wages, Salaries and Other shows a five-year compound annual growth rate of 7.6% (FY2020 to FY2025).
- In prior years, First Merchants' Wages, Salaries and Other was $221.17 million in FY2024 (-3.3%), $228.75 million in FY2023 (+10.6%), $206.89 million in FY2022 (+23.9%) and $167 million in FY2021 (+7.1%).
- Quarterly Wages, Salaries and Other has run from a low of $42.43 million in Q4 2021 to a high of $69.44 million in Q1 2026 over five years.
- On a year-over-year basis, Wages, Salaries and Other has increased in each of the last six quarters, with growth averaging 7.7% over the last eight quarters.
- The strongest year-over-year quarter for Wages, Salaries and Other in the past five years was Q1 2023, with growth of 35.1%; the weakest was Q4 2024, with a decline of 9.1%.
- According to Business Quant data, Wages, Salaries and Other for the three prior quarters was $65.77 million (Q2 2026), $69.44 million (Q1 2026) and $58.25 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Wages (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | 14.77 Bn |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | 10.97 Bn |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - | - |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - | 8.00 Bn |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - | 4.51 Bn |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | 5.12 Bn |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | 8.75 Bn |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | - |
| 10 | First Merchants | 256.31 Mn | 256.31 Mn | - | 66.34 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 66.34 Mn |
| Jun 30, 2026 | 65.77 Mn |
| Mar 31, 2026 | 69.44 Mn |
| Dec 31, 2025 | 58.25 Mn |
| Sep 30, 2025 | 57.32 Mn |
| Jun 30, 2025 | 54.53 Mn |
| Mar 31, 2025 | 54.98 Mn |
| Dec 31, 2024 | 55.44 Mn |
| Sep 30, 2024 | 55.22 Mn |
| Jun 30, 2024 | 52.21 Mn |
| Mar 31, 2024 | 58.29 Mn |
| Dec 31, 2023 | 60.97 Mn |
| Sep 30, 2023 | 55.57 Mn |
| Jun 30, 2023 | 54.75 Mn |
| Mar 31, 2023 | 57.46 Mn |
| Dec 31, 2022 | 52.33 Mn |
| Sep 30, 2022 | 56.00 Mn |
| Jun 30, 2022 | 56.04 Mn |
| Mar 31, 2022 | 42.52 Mn |
| Dec 31, 2021 | 42.43 Mn |
API Access
First Merchants Wages, Salaries and Other 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=wages-salaries-and-other&ticker=FRME&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "wages-salaries-and-other", "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=wages-salaries-and-other&ticker=FRME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();