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First Merchants Corporation FRME Service charges on deposit accounts — Other income

Other product segments

Fiduciary and wealth management fees
$9.77M+13.0%
Card payment fees
$5.28M+16.5%
Other customer fees
$593K+42.9%
Derivative hedge fees
$564K+39.6%

Similar metrics at other companies

Simmons First National logo
SFNCService charges on deposit accounts — Non-interest income
$12.66M+0.2%
Banc of California logo
BANCOther income — Service charges on deposit accounts
$1K-99.6%
First Busey Corporation logo
BUSEOther service charges on deposit accounts — Noninterest income
$1.51M-1.8%
Banc of California logo
BANCService charges on deposit accounts — Service charges on deposit accounts
$4.98M+9.6%
First Bancorp logo
FBNCService charges on deposit accounts
$3.95M+5.0%
Banc of California logo
BANCService charges on deposit accounts
$4.98M+9.6%

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 service charges on deposit accounts — other income?
First Merchants Corporation (FRME) reported service charges on deposit accounts — other income of $9.04M in Q1 2026.
How has First Merchants Corporation's service charges on deposit accounts — other income changed year-over-year?
First Merchants Corporation's service charges on deposit accounts — other income increased by 12.0% year-over-year, from $8.07M to $9.04M.
What is the long-term trend for First Merchants Corporation's service charges on deposit accounts — other income?
Over 4 years (2021 to 2025), First Merchants Corporation's service charges on deposit accounts — other income has grown at a 9.8% compound annual growth rate (CAGR), from $23.57M to $34.26M.
What does service charges on deposit accounts — other income mean?
This metric represents the non-interest revenue generated from fees assessed on customer deposit accounts, including maintenance fees, overdraft charges, and transaction-related service costs. It serves as a key indicator of the bank's ability to monetize its retail and commercial deposit base through recurring service-based income streams. Monitoring this figure helps investors assess the stability and growth of fee-based income independent of interest rate fluctuations.