First Merchants Debt to Equity Ratio 2010-2023 | FRME

Current and historical debt to equity ratio values for First Merchants (FRME) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. First Merchants debt/equity for the three months ending December 31, 2023 was 0.39.
First Merchants Debt/Equity Ratio Historical Data
Date Long Term Debt Shareholder's Equity Debt to Equity Ratio
2023-12-31 $16.16B $2.25B 7.19
2023-09-30 $15.90B $2.09B 7.60
2023-06-30 $15.82B $2.15B 7.38
2023-03-31 $16.06B $2.12B 7.57
2022-12-31 $15.97B $2.04B 7.85
2022-09-30 $15.81B $1.91B 8.29
2022-06-30 $15.80B $1.98B 7.99
2022-03-31 $13.66B $1.81B 7.56
2021-12-31 $13.54B $1.91B 7.08
2021-09-30 $13.19B $1.87B 7.06
2021-06-30 $13.05B $1.87B 6.97
2021-03-31 $12.82B $1.81B 7.10
2020-12-31 $12.19B $1.88B 6.50
2020-09-30 $11.90B $1.83B 6.49
2020-06-30 $12.01B $1.81B 6.64
2020-03-31 $10.92B $1.78B 6.14
2019-12-31 $10.67B $1.79B 5.97
2019-09-30 $10.58B $1.75B 6.05
2019-06-30 $9.24B $1.50B 6.15
2019-03-31 $8.76B $1.46B 6.01
2018-12-31 $8.48B $1.41B 6.02
2018-09-30 $8.43B $1.36B 6.19
2018-06-30 $8.39B $1.34B 6.26
2018-03-31 $8.16B $1.31B 6.21
2017-12-31 $8.06B $1.30B 6.19
2017-09-30 $7.77B $1.28B 6.05
2017-06-30 $6.77B $1.04B 6.54
2017-03-31 $6.40B $0.93B 6.88
2016-12-31 $6.31B $0.90B 7.00
2016-09-30 $6.12B $0.90B 6.80
2016-06-30 $6.02B $0.89B 6.78
2016-03-31 $5.93B $0.87B 6.84
2015-12-31 $5.91B $0.85B 6.95
2015-09-30 $5.42B $0.77B 7.07
2015-06-30 $5.39B $0.75B 7.19
2015-03-31 $5.14B $0.74B 6.95
2014-12-31 $5.10B $0.73B 7.01
2014-09-30 $4.91B $0.69B 7.17
2014-06-30 $4.95B $0.67B 7.37
2014-03-31 $4.80B $0.65B 7.36
2013-12-31 $4.80B $0.64B 7.56
2013-09-30 $3.81B $0.51B 7.43
2013-06-30 $3.80B $0.54B 7.04
2013-03-31 $3.71B $0.54B 6.90
2012-12-31 $3.75B $0.55B 6.80
2012-09-30 $3.70B $0.55B 6.77
2012-06-30 $3.70B $0.54B 6.90
2012-03-31 $3.71B $0.53B 7.02
2011-12-31 $3.66B $0.51B 7.11
2011-09-30 $3.61B $0.51B 7.04
2011-06-30 $3.63B $0.47B 7.74
2011-03-31 $3.66B $0.46B 7.90
2010-12-31 $3.72B $0.45B 8.18
2010-09-30 $3.72B $0.46B 8.04
2010-06-30 $3.73B $0.46B 8.14
2010-03-31 $3.89B $0.49B 7.95
2009-12-31 $4.02B $0.46B 8.66
2009-09-30 $4.00B $0.48B 8.41
2009-06-30 $4.24B $0.47B 8.97
2009-03-31 $4.38B $0.51B 8.62
Sector Industry Market Cap Revenue
Finance Banks - Midwest $1.962B $0.999B
FIRST MERCHANTS CORP. is a bank holding company engaged in conducting commercial banking business through the offices of its banking subsidiaries.
Stock Name Country Market Cap PE Ratio
Huntington Bancshares (HBAN) United States $19.300B 9.79
Commerce Bancshares (CBSH) United States $6.677B 14.16
Wintrust Financial (WTFC) United States $5.988B 10.12
Old National Bancorp (ONB) United States $4.638B 7.71
UMB Financial (UMBF) United States $3.903B 9.82
Associated Banc-Corp (ASB) United States $3.058B 8.91
First Interstate BancSystem (FIBK) United States $2.582B 9.67
First Financial Bancorp (FFBC) United States $2.014B 7.65
Lakeland Financial (LKFN) United States $1.519B 16.85
Heartland Financial USA (HTLF) United States $1.448B 7.45
Enterprise Financial Services (EFSC) United States $1.437B 7.47
First Busey (BUSE) United States $1.226B 9.91
1st Source (SRCE) United States $1.181B 9.60
Peoples Bancorp (PEBO) United States $0.986B 7.05
German American Bancorp (GABC) United States $0.951B 11.01
QCR Holdings (QCRH) United States $0.942B 8.22
Old Second Bancorp (OSBC) United States $0.601B 6.55
Mercantile Bank (MBWM) United States $0.576B 6.97
Independent Bank (IBCP) United States $0.487B 7.95
Farmers National Banc (FMNB) United States $0.452B 7.25
First Financial Indiana (THFF) United States $0.423B 7.03
Macatawa Bank (MCBC) United States $0.330B 7.61
MidWestOne Financial (MOFG) United States $0.324B 8.99
First Business Financial Services (FBIZ) United States $0.283B 7.83
Civista Bancshares (CIVB) United States $0.225B 5.23
Heartland BancCorp (HLAN) United States $0.174B 8.97
Ames National (ATLO) United States $0.174B 15.95
First Western Financial (MYFW) United States $0.131B 13.79
Ohio Valley Banc (OVBC) United States $0.116B 9.11
Fentura Financial (FETM) United States $0.107B 7.10
Eagle Bancorp Montana (EBMT) United States $0.099B 9.55
CSB Bancorp (CSBB) United States $0.099B 6.79
BNCCORP (BNCC) United States $0.080B 14.07
United Bancorp (UBCP) United States $0.077B 8.60
United Bancshares (UBOH) United States $0.055B 6.54
Central Plains Bancshares (CPBI) United States $0.042B 0.00