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First Merchants Corporation (FRME)
NASDAQ: FRME · Real-Time Price · USD
43.70
+0.33 (0.76%)
Aug 14, 2026, 4:00 PM EDT - Market closed

First Merchants Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
642.19641.7610.99647.5611.39520
Revenue Growth
0.54%5.03%-5.64%5.91%17.57%19.99%
Net Income
184.09224.13199.53221.91220.68205.53
Earnings Per Share
3.083.883.413.733.813.81
EPS Growth
-20.03%13.78%-8.58%-2.10%0%39.05%

Cash & Debt
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
665.65328.93463.64628.11341.69682.43
Total Debt
1,6531,0671,2591,1301,432695.84
Net Cash (Debt)
-986.85-738.11-794.99-502.01-1,090-13.4
Net Cash Growth
------
Net Cash Per Share
-16.55-12.79-13.58-8.44-18.82-0.25

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
314.9283.65266.21258.83284.29215.34
Free Cash Flow
314.9283.65266.21258.83284.29215.34
Free Cash Flow Growth
21.25%6.55%2.85%-8.95%32.02%5.65%

Margins
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Profit Margin
28.67%34.93%32.66%34.27%36.09%39.52%

Dividends
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
1.4801.4301.3901.3401.2501.130
Dividend Per Share Growth
2.84%2.88%3.73%7.20%10.62%8.65%
Dividend Yield
3.39%3.89%3.68%3.97%3.49%3.19%

Valuation
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
14.199.6711.7310.0011.1010.99
Forward PE
10.299.3511.2510.738.7611.69
PS Ratio
4.273.383.833.434.014.34