First Merchants Corporation (FRME)

NASDAQ: FRME · Real-Time Price · USD

42.84

-0.59 (-1.36%)

At close: Jul 7, 2026, 4:00 PM EDT

43.26

+0.42 (0.98%)

After-hours: Jul 7, 2026, 6:37 PM EDT

First Merchants Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Interest Income	557.05	536.01	521.11	545.4	520.2	410.69
Net Interest Income Growth	6.24%	2.86%	-4.45%	4.84%	26.67%	7.47%
Non-Interest Income	102.72	126.93	125.58	105.6	107.94	109.32
Non-Interest Income Growth	-5.77%	1.08%	18.92%	-2.17%	-1.26%	-0.55%
Revenues Before Loan Losses	659.76	662.95	646.69	651	628.14	520.01
Provision for Credit Losses	21.95	21.25	35.7	3.5	16.76	-
Revenue	637.81	641.7	610.99	647.5	611.39	520.01
Revenue Growth (YoY)	7.12%	5.03%	-5.64%	5.91%	17.57%	19.99%
Compensation Expenses	239.54	225.08	221.17	228.75	206.89	167
Selling, General & Admin	97.11	93.68	91.18	88.12	81.13	68.02
Other Non-Interest Expenses	78.17	63.83	66.92	71.41	67.69	44.28
Total Non-Interest Expense	414.83	382.58	379.27	388.27	355.72	279.29
Pretax Income	222.99	259.11	231.73	259.23	255.67	240.72
Provision for Income Taxes	24.17	33.11	30.33	35.45	33.59	35.21
Net Income	198.82	226	201.4	223.79	222.09	205.51
Net Income Attributable to Preferred Dividends	1.88	1.88	1.88	1.88	1.41	-
Net Income to Common	196.94	224.13	199.53	221.91	220.68	205.51
Net Income Growth	-4.82%	12.33%	-10.09%	0.56%	7.38%	38.30%
Shares Outstanding (Basic)	58	57	58	59	58	54
Shares Outstanding (Diluted)	58	58	59	59	58	54
Shares Change (YoY)	0.24%	-1.38%	-1.61%	2.65%	7.35%	-0.44%
EPS (Basic)	3.41	3.90	3.42	3.74	3.83	3.82
EPS (Diluted)	3.40	3.88	3.41	3.73	3.81	3.81
EPS Growth	-4.49%	13.78%	-8.58%	-2.10%	-	39.05%
Free Cash Flow	280.54	283.65	266.21	258.83	284.29	215.34
Free Cash Flow Growth	-1.10%	6.55%	2.85%	-8.95%	32.02%	5.65%
Free Cash Flow Per Share	4.80	4.91	4.55	4.35	4.91	3.99
Dividends Per Share	1.440	1.430	1.390	1.340	1.250	1.130
Dividend Growth	0.70%	2.88%	3.73%	7.20%	10.62%	8.65%
Profit Margin	31.17%	35.22%	32.96%	34.56%	36.33%	39.52%
FCF Margin	43.98%	44.20%	43.57%	39.97%	46.50%	41.41%
Effective Tax Rate	10.84%	12.78%	13.09%	13.67%	13.14%	14.63%

SEC Filings: 10-K · 10-Q