First Merchants Stock

First Merchants FCF/Debt

The Free Cash Flow to Debt Ratio of First Merchants (FRME) as of Sep 7, 2026 is 140.85 %. In the previous year, Free Cash Flow to Debt Ratio was 79.32 % — a change of 77.58% (higher).

FCF/Debt

140.85 %

YoY

77.58%

Last updated:

Free Cash Flow to Debt Ratio of First Merchants is 2026 140.85 % . Free Cash Flow to Debt Ratio of First Merchants was 2025 79.32 % . It decreases by 77.58% higher compared to the previous year.

The First Merchants FCF/Debt history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

FCF/Debt
Date
FCF/Debt
Jan 1, 2018
48.07 USD
Jan 1, 2019
-35.09 USD
Jan 1, 2020
69.43 USD
Jan 1, 2021
47.70 USD
Jan 1, 2022
54.70 USD
Jan 1, 2023
81.93 USD
Jan 1, 2024
79.32 USD
Jan 1, 2025
140.85 USD
The First Merchants FCF/Debt history
YEARFCF/DebtYoY
140.85 %+77.58%
79.32 %-3.19%
81.93 %+49.77%
54.70 %+14.67%
47.70 %-31.29%
69.43 %-297.88%
-35.09 %-173.00%
48.07 %-166.07%
-72.75 %-406.55%
23.73 %-129.41%
-80.69 %+206.94%
-26.29 %
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First Merchants Stock analysis

What does First Merchants do? First Merchants Corp is one of the largest independent banks in Indiana, USA. The bank was founded in 1982 and has since become a leading financial institution with a strong presence in the region. The company is listed on the NASDAQ stock exchange under the symbol FRME. First Merchants Corp's business model is based on providing top-notch financial services to customers in Indiana and other parts of the country. The bank offers a wide range of products and services for individuals, businesses, and institutions. These include savings accounts, credit cards, loans, leasing, online and mobile banking, and wealth management. First Merchants Corp also operates a number of subsidiaries and business segments that offer specialized products and services. This includes the First Merchants Insurance Group, which provides insurance for private and business customers. The First Merchants Wealth Management Group offers investment and wealth management services to clients. The bank also operates a subsidiary called First Merchants Investment Services, which provides securities services to individual customers and business. In addition, First Merchants Trust Company operates an asset management service that focuses on testamentary assets and trust accounts. First Merchants Corp's product range includes a wide range of financial services for a variety of customers. For retail customers, the company offers checking and savings accounts, credit cards, mortgage loans, auto loans, and personal loans. For business customers, loans are available to support equipment, real estate, and working capital, as well as cash management and credit card services. As part of its efforts to provide its customers with the best financial products and services, First Merchants Corp has significantly improved its online and mobile banking. Customers can conduct banking transactions from anywhere by simply downloading an app or visiting the website. In recent years, the bank has expanded its presence in Indiana through a series of acquisitions. The acquisition of Old National Bancorp in 2021 has made First Merchants Corp the largest bank in the region. The company has also acquired a number of smaller banks to further strengthen its position in the market. Overall, First Merchants Corp has a long history as a reliable and trustworthy financial services provider in Indiana. With its wide range of products, strong business model, and dedicated customer service, the company is well positioned to grow and continue to be successful in the future. First Merchants is one of the most popular companies on Eulerpool.

Frequently Asked Questions about First Merchants stock

Free Cash Flow to Debt Ratio of First Merchants is 140.85 % in 2026.

Free Cash Flow to Debt Ratio of First Merchants changed from 79.32 % to 140.85 %, representing a 77.58% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Free Cash Flow to Debt Ratio First Merchants since 2006 – with annual values, charts, and detailed analysis.

FCF/Debt measures the percentage of total debt that could be repaid from free cash flow. It is a stricter measure than OCF/Debt as it accounts for capital expenditures.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Free Cash Flow to Debt Ratio's First Merchants with sector peers and the industry average to assess whether it is attractive.

Access this data via the Eulerpool API

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