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

First Merchants (FRMEP) Operating Expenses (2010 - 2026)

First Merchants (FRMEP) posted Operating Expenses of $115.3 million for Q2 2026, down 7.83% on a QoQ basis from $125.1 million in Q1 2026, and up 23.24% year-over-year from $93.6 million in Q2 2025.

Analysis

First Merchants (FRMEP) Operating Expenses (2010 - 2026) Analysis & Trends

First Merchants has reported Operating Expenses for 17 years, with the latest figure at $115.3 million in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 23.24% year-over-year to $115.3 million in Q2 2026; TTM through Jun 2026 was $436.6 million, a 15.67% increase from a year earlier, with the FY2025 full-year figure at $382.6 million, up 0.87% from the prior year.
  • Operating Expenses was $115.3 million for Q2 2026 at First Merchants, down from $125.1 million in the prior quarter.
  • The five-year high for Operating Expenses was $125.1 million in Q1 2026, with the low at $72.3 million in Q1 2022.
  • Average Operating Expenses over 5 years is $97.0 million, with a median of $95.5 million recorded in 2024.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses jumped 40.43% in 2022, then retreated 10.93% in 2024.
  • Over 5 years, Operating Expenses stood at $89.7 million in 2022, then gained by 20.52% to $108.1 million in 2023, then fell by 10.93% to $96.3 million in 2024, then gained by 3.36% to $99.5 million in 2025, then increased by 15.9% to $115.3 million in 2026.
  • The last three Operating Expenses figures came in at $115.3 million (Q2 2026), $125.1 million (Q1 2026), and $99.5 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Banco Santander Chile 948.29 Bn 948.29 Bn - -259.95 Bn
2 Truist Financial 61.53 Bn 61.53 Bn - 3.06 Bn
3 Fifth Third Bancorp 49.26 Bn 25.54 Bn - 2.11 Bn
4 M&T Bank 34.65 Bn 34.65 Bn - 1.35 Bn
5 Huntington Bancshares 33.52 Bn 29.00 Bn - 1.81 Bn
6 Citizens Financial 29.29 Bn 29.29 Bn - 1.39 Bn
7 Regions Financial 25.43 Bn 25.43 Bn - 1.12 Bn
8 First Citizens Bancshares 24.48 Bn 23.96 Bn 29.00 Mn 1.55 Bn
9 Keycorp 23.20 Bn -24.50 Bn - 1.22 Bn
10 First Merchants 1.56 Bn 1.56 Bn 7.27 Mn 115.35 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 115.35 Mn
Mar 31, 2026 125.15 Mn
Dec 31, 2025 99.52 Mn
Sep 30, 2025 96.56 Mn
Jun 30, 2025 93.60 Mn
Mar 31, 2025 92.90 Mn
Dec 31, 2024 96.29 Mn
Sep 30, 2024 94.63 Mn
Jun 30, 2024 91.41 Mn
Mar 31, 2024 96.94 Mn
Dec 31, 2023 108.10 Mn
Sep 30, 2023 93.85 Mn
Jun 30, 2023 92.59 Mn
Mar 31, 2023 93.72 Mn
Dec 31, 2022 89.70 Mn
Sep 30, 2022 96.38 Mn
Jun 30, 2022 97.31 Mn
Mar 31, 2022 72.33 Mn
Dec 31, 2021 72.44 Mn
Sep 30, 2021 71.38 Mn