FRME (First Merchants) Gross Loan: $15,608.6 Mil (As of Jun. 2026)

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FRME First Merchants Corp FRME
63 GF Score
Price $43.70
GF Value $40.77
Valuation Fairly Valued
! 7 Warning Signs
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What is First Merchants Gross Loan?

First Merchants FRME +0.83% 63 Gross Loan is $15,608.6 Mil as of Jun. 2026. GuruFocus rates FRME with a GF Score™ of 63/100 and a GF Value™ of $40.77 (Fairly Valued). The stock has 7 warning signs investors should review.

First Merchants's Gross Loan for the quarter that ended in Jun. 2026 was $15,608.6 Mil.

First Merchants's quarterly Gross Loan increased from Dec. 2025 ($13,811.8 Mil) to Mar. 2026 ($15,663.7 Mil) but then declined from Mar. 2026 ($15,663.7 Mil) to Jun. 2026 ($15,608.6 Mil).

First Merchants's annual Gross Loan increased from Dec. 2023 ($12,505.0 Mil) to Dec. 2024 ($12,873.0 Mil) and increased from Dec. 2024 ($12,873.0 Mil) to Dec. 2025 ($13,811.8 Mil).

First Merchants Gross Loan Related Terms

First Merchants Gross Loan Historical Data

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The historical data trend for First Merchants's Gross Loan can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

First Merchants Gross Loan Chart

First Merchants Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Loan
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,253.05 12,012.99 12,504.96 12,873.02 13,811.79

First Merchants Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Gross Loan Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13,325.54 13,614.36 13,811.79 15,663.73 15,608.62
FRME
63GF Score
First Merchants Corp FRME
Gross Loan is just one metric. See GF Score™, valuation, warning signs, and more.
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First Merchants Gross Loan Calculation

Gross Loan represents the sum of all loans (commercial, consumer, mortgage, etc.) as well as leases before any provisions for loan losses or unearned discounts.

Frequently Asked Questions Learn more about Gross Loan →
What does a Gross Loan of $15,608.6 Mil mean?
First Merchants (FRME) has a Gross Loan of $15,608.6 Mil as of Jun. 2026. Gross Loan is the sum of all loans as well as leases before any provisions for loan losses or unearned discounts. View historical data on First Merchants and its competitors.
Is First Merchants' Gross Loan too high?
First Merchants' current Gross Loan is $15,608.6 Mil. Overall, First Merchants has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does First Merchants' Gross Loan compare to NBTB and WAFD?
First Merchants' Gross Loan of $15,608.6 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Loan for a Banks company?
A good Gross Loan depends on the Banks industry context. However, Gross Loan should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Loan mean?
A high Gross Loan can signal that a stock is expensive relative to its fundamentals. Gross Loan is the sum of all loans as well as leases before any provisions for loan losses or unearned discounts. View historical data on First Merchants and its competitors. First Merchants's current Gross Loan is $15,608.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Merchants stock overvalued right now?
Based on GuruFocus' analysis, First Merchants (FRME) is currently considered Fairly Valued. The stock's GF Value™ is $40.77, compared to a current price of $43.70 — trading 7.2% above its estimated fair value. The current Gross Loan is $15,608.6 Mil. First Merchants' overall GF Score™ is 63/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Loan calculated?
Gross Loan is calculated from a company's financial statements. For First Merchants (FRME), the current Gross Loan is $15,608.6 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is First Merchants (FRME) Overvalued in 2026?

Based on GuruFocus' analysis, First Merchants stock appears to be overvalued. The current stock price of $43.70 is trading 7.2% above its estimated GF Value™ of $40.77. GuruFocus considers First Merchants to be Fairly Valued.

Key valuation signals for FRME:

  • Gross Loan: $15,608.6 Mil
  • GF Value™: $40.77 vs. price of $43.70 (7.2% above fair value)
  • GF Score™: 63/100 with 7 warning signs

No single metric tells the full story. See the FRME stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

First Merchants Business Description

Address 200 East Jackson Street, P.O. BOX 792, Muncie, IN, USA, 47305-2814
First Merchants Corp, through its subsidiaries, provides its customers with financial services delivered locally by bankers. It offers personal banking, business banking, real estate mortgage lending, cash management services, brokerage, wealth management, and insurance. The company reports in only one segment, which is community banking.
63GF Score

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Gross Loan is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$43.70
Price
$40.77
GF Value