First Merchants Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 14, 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
Market Capitalization	2,744	2,167	2,340	2,219	2,449	2,259
Market Cap Growth	20.41%	-7.40%	5.46%	-9.37%	8.41%	11.27%
Last Close Price	43.70	36.79	37.75	33.76	35.84	35.45
PE Ratio	14.19	9.67	11.73	10.00	11.10	10.99
PS Ratio	4.27	3.38	3.83	3.43	4.01	4.34
PB Ratio	1.02	0.88	1.01	0.99	1.20	1.18
P/OCF Ratio	8.72	7.64	8.79	8.57	8.61	10.49
Debt / Equity Ratio	0.61	0.43	0.55	0.50	0.70	0.36
Net Debt / Equity Ratio	0.37	0.30	0.35	0.22	0.54	0.01
Return on Equity (ROE)	7.37%	9.47%	8.85%	10.45%	11.25%	10.85%
Return on Assets (ROA)	0.93%	1.21%	1.10%	1.23%	1.33%	1.39%
Earnings Yield	6.71%	10.43%	8.61%	10.08%	9.07%	9.10%
Dividend Yield	3.39%	3.89%	3.68%	3.97%	3.49%	3.19%
Payout Ratio	48.04%	37.52%	41.46%	36.61%	33.39%	29.79%
Buyback Yield / Dilution	-2.56%	1.38%	1.61%	-2.65%	-7.35%	0.44%
Total Shareholder Return	0.83%	5.27%	5.29%	1.32%	-3.86%	3.62%

SEC Filings: 10-K · 10-Q