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First Merchants Corporation FRME Cumulative Gross Losses and Impairments

Cumulative Gross Losses and Impairments at other companies

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Other financials

Income statement

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Revenue$196.1M+19.3%
Net income$44.0M-22.6%
EPS (diluted)$0.70-28.6%

Balance sheet

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Cash & equivalents$98.1M+13.9%
Total debt$1.6B+22.5%
Total equity$2.7B+14.9%
Total assets$21.3B+14.8%

Cash flow

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Operating cash flow$58.6M-5.0%

Valuation

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Market cap$2.69B+24.3%
P/E14.5×+4.9×
P/S3.9×+0.6×

Profitability

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Net margin26.9%-7.4pp

Returns & leverage

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Return on equity7.4%-2.5pp
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:HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss.

The source filing: First Merchants Corporation’s 10-Q, filed May 1, 2026.

Filed
May 1, 2026, 4:20 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000712534-26-000035
Held to maturity at March 31, 2026Amortized CostAllowance for Credit LossesNet Carrying AmountGross Unrealized GainsGross Unrealized LossesFair Value
U.S. Government-sponsored agency securities$319,475$319,475$(44,709)$274,766
State and municipal1,066,149(245)1,065,904424(162,047)904,526
U.S. Government-sponsored mortgage-backed securities552,106552,106(70,463)481,643
Total held to maturity$1,937,730$(245)$1,937,485$424$(277,219)$1,660,935

ITEM 1. CONSOLIDATED CONDENSED FINANCIAL STATEMENTS

FAQ

What is First Merchants Corporation's cumulative gross losses and impairments?
First Merchants Corporation (FRME) reported cumulative gross losses and impairments of $277.22M in Q1 2026.
How has First Merchants Corporation's cumulative gross losses and impairments changed year-over-year?
First Merchants Corporation's cumulative gross losses and impairments decreased by 19.4% year-over-year, from $344.02M to $277.22M.
What is the long-term trend for First Merchants Corporation's cumulative gross losses and impairments?
Over 5 years (2020 to 2025), First Merchants Corporation's cumulative gross losses and impairments has grown at a 298.9% compound annual growth rate (CAGR), from $252K to $254.37M.
What does cumulative gross losses and impairments mean?
This metric aggregates all unrealized losses and recognized impairment charges on investment securities that have not yet been realized through a sale. It provides a comprehensive view of the negative valuation adjustments impacting the bank's equity. It is a key indicator of the credit and market risk embedded in the bank's long-term holdings.

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