First Merchants (FRMEP) FCF Payout Ratio (2012 - 2026)
First Merchants (FRMEP) posted FCF Payout Ratio of 0.26 for Q2 2026, down 32.26% on a QoQ basis from 0.39 in Q1 2026, and down 31.92% year-over-year from 0.39 in Q2 2025.
Analysis
First Merchants (FRMEP) FCF Payout Ratio (2012 - 2026) Analysis & Trends
First Merchants has reported FCF Payout Ratio for 15 years, with the latest figure at 0.26 in Q2 2026.
- On a quarterly basis, FCF Payout Ratio fell 31.92% year-over-year to 0.26 in Q2 2026; TTM through Jun 2026 was 0.28, a 12.13% decrease from a year earlier, with the FY2025 full-year figure at 0.29, down 4.66% from the prior year.
- FCF Payout Ratio was 0.26 for Q2 2026 at First Merchants, down from 0.39 in the prior quarter.
- The five-year high for FCF Payout Ratio was 0.8 in Q2 2023, with the low at 0.14 in Q4 2022.
- Average FCF Payout Ratio over 5 years is 0.33, with a median of 0.31 recorded in 2023.
- The sharpest annual moves came in 2023 and 2024: FCF Payout Ratio soared 127.14% in 2023, then tumbled 59.41% in 2024.
- Over 5 years, FCF Payout Ratio stood at 0.14 in 2022, then jumped by 127.14% to 0.31 in 2023, then declined by 2.18% to 0.3 in 2024, then slipped by 14.96% to 0.26 in 2025, then advanced by 2.27% to 0.26 in 2026.
- The last three FCF Payout Ratio figures came in at 0.26 (Q2 2026), 0.39 (Q1 2026), and 0.26 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 952.46 Bn | 952.46 Bn | - | - |
| 2 | Truist Financial | 61.50 Bn | 61.50 Bn | - | 0.67 |
| 3 | Fifth Third Bancorp | 49.35 Bn | 25.63 Bn | - | - |
| 4 | M&T Bank | 34.70 Bn | 34.70 Bn | - | 0.17 |
| 5 | Huntington Bancshares | 33.59 Bn | 29.06 Bn | - | 0.32 |
| 6 | Citizens Financial | 29.25 Bn | 29.25 Bn | - | 0.29 |
| 7 | Regions Financial | 25.48 Bn | 25.48 Bn | - | 0.74 |
| 8 | First Citizens Bancshares | 24.58 Bn | 24.06 Bn | 29.00 Mn | 0.06 |
| 9 | Keycorp | 23.25 Bn | -24.44 Bn | - | 1.11 |
| 10 | First Merchants | 1.56 Bn | 1.56 Bn | 7.27 Mn | 0.26 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.26 |
| Mar 31, 2026 | 0.39 |
| Dec 31, 2025 | 0.26 |
| Sep 30, 2025 | 0.24 |
| Jun 30, 2025 | 0.39 |
| Mar 31, 2025 | 0.33 |
| Dec 31, 2024 | 0.30 |
| Sep 30, 2024 | 0.27 |
| Jun 30, 2024 | 0.32 |
| Mar 31, 2024 | 0.34 |
| Dec 31, 2023 | 0.31 |
| Sep 30, 2023 | 0.25 |
| Jun 30, 2023 | 0.80 |
| Mar 31, 2023 | 0.22 |
| Dec 31, 2022 | 0.14 |
| Sep 30, 2022 | 0.38 |
| Jun 30, 2022 | 0.42 |
| Mar 31, 2022 | 0.31 |
| Dec 31, 2021 | 0.29 |
| Sep 30, 2021 | 0.24 |