First Merchants (FRMEP) Research & Development (2010 - 2026)
First Merchants (FRMEP) posted Research & Development of $8.0 million for Q2 2026, up 11.89% on a QoQ basis from $7.2 million in Q1 2026, and up 13.2% year-over-year from $7.1 million in Q2 2025.
Analysis
First Merchants (FRMEP) Research & Development (2010 - 2026) Analysis & Trends
First Merchants has reported Research & Development for 17 years, with the latest figure at $8.0 million in Q2 2026.
- On a quarterly basis, Research & Development rose 13.2% year-over-year to $8.0 million in Q2 2026; TTM through Jun 2026 was $29.7 million, a 13.24% increase from a year earlier, with the FY2025 full-year figure at $27.5 million, up 1.28% from the prior year.
- Research & Development was $8.0 million for Q2 2026 at First Merchants, up from $7.2 million in the prior quarter.
- The five-year high for Research & Development was $8.0 million in Q2 2026, with the low at $4.4 million in Q1 2022.
- Average Research & Development over 5 years is $6.5 million, with a median of $6.7 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2025: Research & Development jumped 42.41% in 2022, then decreased 13.94% in 2025.
- Over 5 years, Research & Development stood at $5.6 million in 2022, then rose by 4.71% to $5.9 million in 2023, then advanced by 2.62% to $6.0 million in 2024, then gained by 24.55% to $7.5 million in 2025, then rose by 7.14% to $8.0 million in 2026.
- The last three Research & Development figures came in at $8.0 million (Q2 2026), $7.2 million (Q1 2026), and $7.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 947.35 Bn | 947.35 Bn | - | - |
| 2 | Truist Financial | 61.57 Bn | 61.57 Bn | - | - |
| 3 | Fifth Third Bancorp | 49.31 Bn | 25.58 Bn | - | 250.00 Mn |
| 4 | M&T Bank | 34.69 Bn | 34.69 Bn | - | 154.00 Mn |
| 5 | Huntington Bancshares | 33.55 Bn | 29.03 Bn | - | 326.00 Mn |
| 6 | Citizens Financial | 29.28 Bn | 29.28 Bn | - | - |
| 7 | Regions Financial | 25.47 Bn | 25.47 Bn | - | - |
| 8 | First Citizens Bancshares | 24.52 Bn | 24.00 Bn | 29.00 Mn | - |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | 108.00 Mn |
| 10 | First Merchants | 1.56 Bn | 1.56 Bn | 7.27 Mn | 8.05 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.05 Mn |
| Mar 31, 2026 | 7.19 Mn |
| Dec 31, 2025 | 7.51 Mn |
| Sep 30, 2025 | 6.94 Mn |
| Jun 30, 2025 | 7.11 Mn |
| Mar 31, 2025 | 5.93 Mn |
| Dec 31, 2024 | 6.03 Mn |
| Sep 30, 2024 | 7.15 Mn |
| Jun 30, 2024 | 7.07 Mn |
| Mar 31, 2024 | 6.89 Mn |
| Dec 31, 2023 | 5.88 Mn |
| Sep 30, 2023 | 6.57 Mn |
| Jun 30, 2023 | 6.60 Mn |
| Mar 31, 2023 | 6.11 Mn |
| Dec 31, 2022 | 5.61 Mn |
| Sep 30, 2022 | 6.83 Mn |
| Jun 30, 2022 | 4.88 Mn |
| Mar 31, 2022 | 4.36 Mn |
| Dec 31, 2021 | 4.58 Mn |
| Sep 30, 2021 | 4.79 Mn |