How has First Merchants Corporation's federal funds purchased changed year-over-year?

First Merchants Corporation's federal funds purchased decreased by 8.1% year-over-year, from $185M to $170M.

First Merchants Corporation FRME Federal funds purchased

Fifth Third BankFITB

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Customers BancorpCUBI

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Stock Yards BancorpSYBT

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Revenue$157.1M-2.0%

Net income$28.2M-49.1%

EPS (diluted)$0.45-52.1%

Cash & equivalents$98.1M+13.9%

Total debt$1.6B+22.5%

Total equity$2.7B+14.6%

Total assets$21.1B+14.3%

Operating cash flow$58.6M-5.0%

Market cap$2.64B+3.7%

Enterprise value$4.19B+10.4%

P/E13.3×+1.1×

P/S4×+0.1×

Net margin30.1%-1.8pp

Return on equity7.9%-1.2pp

Debt / equity0.6×0.0×

Reported directly by First Merchants Corporation in its filing.

Tagged under the XBRL concept us-gaap:FederalFundsPurchased.

The official record: First Merchants Corporation’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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What is First Merchants Corporation's federal funds purchased?: First Merchants Corporation (FRME) reported federal funds purchased of $170M in Q1 2026.
How has First Merchants Corporation's federal funds purchased changed year-over-year?: First Merchants Corporation's federal funds purchased decreased by 8.1% year-over-year, from $185M to $170M.