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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

Banc of California logo
BANCService charges on deposit accounts — Service charges on deposit accounts
$4.76M+6.9%
Banc of California logo
BANCOther income — Service charges on deposit accounts
$0-100%
Banc of California logo
BANCWarrant income — Service charges on deposit accounts
$0
International Bancshares logo
IBOCService Charges On Deposit Accounts — Revenue
$19.17M+6.6%
M&T Bank logo
MTBService charges on deposit accounts — Revenue
$139M+4.5%
Provident Financial Services logo
PFSService charges on deposit accounts — Revenue
$5.44M+6.6%

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Provision for credit losses4,9004,200
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES146,403126,070
NONINTEREST INCOME
Service charges on deposit accounts9,0378,072
Fiduciary and wealth management fees9,7688,644
Card payment fees5,2754,526
Net gains and fees on sales of loans6,5115,022
Derivative hedge fees564404

ITEM 1. CONSOLIDATED CONDENSED FINANCIAL STATEMENTS

FAQ

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.

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