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Asset turnover at other companies

JPMorgan Chase logo
JPMorgan ChaseJPM
0.0×
Fifth Third Bank logo
Fifth Third BankFITB
0.0×
Huntington Bancshares logo
Huntington BancsharesHBAN
0.0×
PNC Financial Services logo
PNC Financial ServicesPNC
0.0×
Customers Bancorp logo
Customers BancorpCUBI
0.0×
Enterprise Financial Services logo
Enterprise Financial ServicesEFSC
0.0×

Other financials

Income statement

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Revenue$157.1M-2.0%
Net income$28.2M-49.1%
EPS (diluted)$0.45-52.1%

Balance sheet

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Cash & equivalents$98.1M+13.9%
Total debt$1.6B+22.5%
Total equity$2.7B+14.6%
Total assets$21.1B+14.3%

Cash flow

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Operating cash flow$58.6M-5.0%

Valuation

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Market cap$2.64B+3.7%
Enterprise value$4.19B+10.4%
P/E13.3×+1.1×
P/S+0.1×

Profitability

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Net margin30.1%-1.8pp

Returns & leverage

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Return on equity7.9%-1.2pp
Debt / equity0.6×0.0×

Where this comes from

Calculated from First Merchants Corporation’s reported figures.

Based on trailing twelve months.

The official record: First Merchants Corporation’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is First Merchants Corporation's asset turnover?
First Merchants Corporation (FRME) reported asset turnover of 0× in Q1 2026.
How has First Merchants Corporation's asset turnover changed year-over-year?
First Merchants Corporation's asset turnover decreased by 5.9% year-over-year, from 0× to 0×.
What is the long-term trend for First Merchants Corporation's asset turnover?
Over 5 years (2020 to 2025), First Merchants Corporation's asset turnover has grown at a -0.9% compound annual growth rate (CAGR), from 0× to 0×.
What does asset turnover mean?
Trailing-twelve-month revenue divided by average total assets. Measures how many dollars of sales each dollar of assets generates — the efficiency leg of the DuPont decomposition of ROE.