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First Merchants Corporation FRME Federal funds purchased and securities sold under repurchase agreements

Federal funds purchased and securities sold under repurchase agreements at other companies

JPMorgan Chase logo
JPMorgan ChaseJPM
$716.62B+34.4%
Customers Bancorp logo
Customers BancorpCUBI
$70M
Enterprise Financial Services logo
Enterprise Financial ServicesEFSC
$0
Stock Yards Bancorp logo
Stock Yards BancorpSYBT
$87.51M-42.2%
Community Financial System logo
Community Financial SystemCBU
$201.03M-24.6%
FIB
First Interstate BancSystem, Inc.FIBK
$476.1M-9.8%

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

Reported directly by First Merchants Corporation in its filing.

Tagged under the XBRL concept us-gaap:SecuritiesSoldUnderAgreementsToRepurchaseAsset.

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 federal funds purchased and securities sold under repurchase agreements?
First Merchants Corporation (FRME) reported federal funds purchased and securities sold under repurchase agreements of $103.7M in Q1 2026.
How has First Merchants Corporation's federal funds purchased and securities sold under repurchase agreements changed year-over-year?
First Merchants Corporation's federal funds purchased and securities sold under repurchase agreements decreased by 27.8% year-over-year, from $143.7M to $103.7M.
What is the long-term trend for First Merchants Corporation's federal funds purchased and securities sold under repurchase agreements?
Over 5 years (2020 to 2025), First Merchants Corporation's federal funds purchased and securities sold under repurchase agreements has grown at a -7.5% compound annual growth rate (CAGR), from $177.1M to $119.8M.
What does federal funds purchased and securities sold under repurchase agreements mean?
Short-term borrowing from other banks (federal funds purchased) and securities sold under agreements to repurchase — wholesale funding sources.