First Merchants Corporation Depository Shares (FRMEP) - Total Assets
Based on the latest financial reports, First Merchants Corporation Depository Shares (FRMEP) holds total assets worth $19.03 Billion USD as of December 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See First Merchants Corporation Depository S (FRMEP) shareholders funds for net asset value and shareholders' equity analysis.
First Merchants Corporation Depository Shares - Total Assets Trend (1989–2025)
This chart illustrates how First Merchants Corporation Depository Shares's total assets have evolved over time, based on quarterly financial data.
First Merchants Corporation Depository Shares - Asset Composition Analysis
Current Asset Composition (December 2025)
First Merchants Corporation Depository Shares's total assets of $19.03 Billion consist of 8.3% current assets and 91.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.4% |
| Accounts Receivable | $93.37 Million | 0.5% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $13.80 Million | 0.1% |
| Goodwill | $712.00 Million | 3.7% |
Asset Composition Trend (1989–2025)
This chart illustrates how First Merchants Corporation Depository Shares's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see FRMEP stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: First Merchants Corporation Depository Shares's current assets represent 8.3% of total assets in 2025, a decrease from 13.3% in 1989.
- Cash Position: Cash and equivalents constituted 0.4% of total assets in 2025, down from 12.0% in 1989.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 1.0% in 1989.
- Asset Diversification: The largest asset category is goodwill at 3.7% of total assets.
First Merchants Corporation Depository Shares Competitors by Total Assets
Key competitors of First Merchants Corporation Depository Shares based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bank of Guiyang Co Ltd
SHG:601997
|
China | CN¥746.59 Billion |
|
Vestjysk Bank A/S
CO:VJBA
|
Denmark | Dkr50.22 Billion |
|
VersaBank
TO:VBNK
|
Canada | CA$6.15 Billion |
|
Bank Agris Tbk
JK:AGRS
|
Indonesia | Rp22.51 Trillion |
|
RMB Holdings Ltd
JSE:RMH
|
South Africa | ZAC720.00 Million |
|
Bank Tabungan Pensiunan Nasional Syariah PT
JK:BTPS
|
Indonesia | Rp21.66 Trillion |
|
Banco Bradesco DRC
BA:BBD
|
Argentina | AR$2.20 Trillion |
|
Grupo Financiero Galicia S.A.
BA:GGAL
|
Argentina | AR$42.00 Trillion |
First Merchants Corporation Depository Shares - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.20 | 0.13 | 0.25 |
| Quick Ratio | 0.20 | 0.13 | 0.25 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-6.35 Billion | $-12.92 Billion | $-9.10 Billion |
First Merchants Corporation Depository Shares - Advanced Valuation Insights
This section examines the relationship between First Merchants Corporation Depository Shares's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 3.9% |
| Total Assets | $19.03 Billion |
| Market Capitalization | $236.91K USD |
Valuation Analysis
Below Book Valuation: The market values First Merchants Corporation Depository Shares's assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: First Merchants Corporation Depository Shares's assets grew by 3.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for First Merchants Corporation Depository Shares (1989–2025)
The table below shows the annual total assets of First Merchants Corporation Depository Shares from 1989 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $19.03 Billion | +3.89% |
| 2024-12-31 | $18.31 Billion | -0.51% |
| 2023-12-31 | $18.41 Billion | +2.61% |
| 2022-12-31 | $17.94 Billion | +16.08% |
| 2021-12-31 | $15.45 Billion | +9.85% |
| 2020-12-31 | $14.07 Billion | +12.92% |
| 2019-12-31 | $12.46 Billion | +26.03% |
| 2018-12-31 | $9.88 Billion | +5.52% |
| 2017-12-31 | $9.37 Billion | +29.89% |
| 2016-12-31 | $7.21 Billion | +6.66% |
| 2015-12-31 | $6.76 Billion | +16.09% |
| 2014-12-31 | $5.82 Billion | +7.12% |
| 2013-12-31 | $5.44 Billion | +26.31% |
| 2012-12-31 | $4.30 Billion | +3.16% |
| 2011-12-31 | $4.17 Billion | +0.05% |
| 2010-12-31 | $4.17 Billion | -6.92% |
| 2009-12-31 | $4.48 Billion | -6.34% |
| 2008-12-31 | $4.78 Billion | +26.50% |
| 2007-12-31 | $3.78 Billion | +6.39% |
| 2006-12-31 | $3.55 Billion | +9.82% |
| 2005-12-31 | $3.24 Billion | +1.42% |
| 2004-12-31 | $3.19 Billion | +3.73% |
| 2003-12-31 | $3.08 Billion | +14.86% |
| 2002-12-31 | $2.68 Billion | +49.90% |
| 2001-12-31 | $1.79 Billion | +10.24% |
| 2000-12-31 | $1.62 Billion | +9.98% |
| 1999-12-31 | $1.47 Billion | +8.18% |
| 1998-12-31 | $1.36 Billion | +33.57% |
| 1997-12-31 | $1.02 Billion | +5.38% |
| 1996-12-31 | $968.00 Million | +36.74% |
| 1995-12-31 | $707.90 Million | +9.82% |
| 1994-12-31 | $644.60 Million | +2.95% |
| 1993-12-31 | $626.10 Million | +1.49% |
| 1992-12-31 | $616.90 Million | +3.40% |
| 1991-12-31 | $596.60 Million | +10.26% |
| 1990-12-31 | $541.10 Million | +3.50% |
| 1989-12-31 | $522.80 Million | -- |
About First Merchants Corporation Depository Shares
First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides commercial and consumer banking services. The company offers a range of financial services, including checking, savings, and deposit products; debit and credit cards; mortgages, refinance, construction or renovation of residential properties, agricultural lending, treasury management servi… Read more