First Merchants FRMEP
NASDAQ FRMEP
$25.04 +0.04 (+0.16%)
At close: Sep 8, 2026 · 4:00 PM EDT

First Merchants (FRMEP) Dividend Coverage Ratio (2012 - 2026)

First Merchants (FRMEP) posted Dividend Coverage Ratio of 1.87 for Q2 2026, up 54.41% on a QoQ basis from 1.21 in Q1 2026, and down 30.86% year-over-year from 2.71 in Q2 2025.

Analysis

First Merchants (FRMEP) Dividend Coverage Ratio (2012 - 2026) Analysis & Trends

First Merchants has reported Dividend Coverage Ratio for 15 years, with the latest figure at 1.87 in Q2 2026.

  • On a quarterly basis, Dividend Coverage Ratio fell 30.86% year-over-year to 1.87 in Q2 2026; TTM through Jun 2026 was 2.1, a 22.8% decrease from a year earlier, with the FY2025 full-year figure at 2.7, up 10.58% from the prior year.
  • Dividend Coverage Ratio was 1.87 for Q2 2026 at First Merchants, up from 1.21 in the prior quarter.
  • The five-year high for Dividend Coverage Ratio was 3.69 in Q4 2022, with the low at 1.21 in Q1 2026.
  • Average Dividend Coverage Ratio over 5 years is 2.61, with a median of 2.71 recorded in 2025.
  • The sharpest annual moves came in 2024 and 2026: Dividend Coverage Ratio jumped 51.1% in 2024, then sank 54.7% in 2026.
  • Over 5 years, Dividend Coverage Ratio stood at 3.69 in 2022, then sank by 44.02% to 2.06 in 2023, then jumped by 51.1% to 3.12 in 2024, then slipped by 12.86% to 2.72 in 2025, then tumbled by 31.08% to 1.87 in 2026.
  • The last three Dividend Coverage Ratio figures came in at 1.87 (Q2 2026), 1.21 (Q1 2026), and 2.72 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Div. Cover (Qtr)
1 Banco Santander Chile 947.35 Bn 947.35 Bn - -
2 Truist Financial 61.57 Bn 61.57 Bn - 2.39
3 Fifth Third Bancorp 49.31 Bn 25.58 Bn - -
4 M&T Bank 34.69 Bn 34.69 Bn - 3.58
5 Huntington Bancshares 33.55 Bn 29.03 Bn - 2.17
6 Citizens Financial 29.28 Bn 29.28 Bn - 2.80
7 Regions Financial 25.47 Bn 25.47 Bn - 2.41
8 First Citizens Bancshares 24.52 Bn 24.00 Bn 29.00 Mn 11.64
9 Keycorp 23.26 Bn -24.44 Bn - 1.83
10 First Merchants 1.56 Bn 1.56 Bn 7.27 Mn 1.87
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.87
Mar 31, 2026 1.21
Dec 31, 2025 2.72
Sep 30, 2025 2.71
Jun 30, 2025 2.71
Mar 31, 2025 2.68
Dec 31, 2024 3.12
Sep 30, 2024 2.37
Jun 30, 2024 1.93
Mar 31, 2024 2.36
Dec 31, 2023 2.06
Sep 30, 2023 2.75
Jun 30, 2023 2.98
Mar 31, 2023 3.33
Dec 31, 2022 3.69
Sep 30, 2022 3.32
Jun 30, 2022 2.02
Mar 31, 2022 3.11
Dec 31, 2021 3.06
Sep 30, 2021 3.36