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First Merchants Corporation FRME Interest-bearing deposits in banks and other financial institutions

Interest-bearing deposits in banks and other financial institutions at other companies

JPMorgan Chase logo
JPMorgan ChaseJPM
$290.1B-28.2%
Huntington Bancshares logo
Huntington BancsharesHBAN
$17.58B+22.7%
Customers Bancorp logo
Customers BancorpCUBI
$4.71B+39.9%
Enterprise Financial Services logo
Enterprise Financial ServicesEFSC
$367.9M+72.5%
Independent Bank Corp logo
Independent Bank CorpINDB
$505.69M+0.7%
Community Financial System logo
Community Financial SystemCBU
$15.6M+66.0%

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

Reported directly by First Merchants Corporation in its filing.

Tagged under the XBRL concept us-gaap:InterestBearingDepositsInBanks.

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 interest-bearing deposits in banks and other financial institutions?
First Merchants Corporation (FRME) reported interest-bearing deposits in banks and other financial institutions of $175.35M in Q1 2026.
How has First Merchants Corporation's interest-bearing deposits in banks and other financial institutions changed year-over-year?
First Merchants Corporation's interest-bearing deposits in banks and other financial institutions decreased by 47.1% year-over-year, from $331.53M to $175.35M.
What is the long-term trend for First Merchants Corporation's interest-bearing deposits in banks and other financial institutions?
Over 5 years (2020 to 2025), First Merchants Corporation's interest-bearing deposits in banks and other financial institutions has grown at a -12.9% compound annual growth rate (CAGR), from $392.31M to $196.3M.
What does interest-bearing deposits in banks and other financial institutions mean?
These are cash balances held by the company in other financial institutions that generate interest income. This asset class reflects the company's strategy for managing excess cash while maintaining high liquidity. It is a common component of treasury management for large financial services firms.