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First Merchants Corporation (FRME)
NASDAQ: FRME · Real-Time Price · USD
41.06
-0.83 (-1.98%)
At close: Nov 5, 2026, 4:00 PM EST
40.90
-0.16 (-0.39%)
After-hours: Nov 5, 2026, 4:20 PM EST

First Merchants Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
676.12641.7610.99647.5611.39520
Revenue Growth
4.08%5.03%-5.64%5.91%17.57%19.99%
Net Income
195.64224.13199.53221.91220.68205.53
Earnings Per Share
3.213.883.413.733.813.81
EPS Growth
-19.87%13.78%-8.58%-2.10%0%39.05%

Cash & Debt
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
349.1328.93463.64628.11341.69682.43
Total Debt
1,1881,0671,2591,1301,432695.84
Net Cash (Debt)
-838.99-738.11-794.99-502.01-1,090-13.4
Net Cash Growth
------
Net Cash Per Share
-13.78-12.79-13.58-8.44-18.82-0.25

Cash Flow & CapEx
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
305.74283.65266.21258.83284.29215.34
Free Cash Flow
305.74283.65266.21258.83284.29215.34
Free Cash Flow Growth
13.05%6.55%2.85%-8.95%32.02%5.65%

Margins
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Profit Margin
28.94%34.93%32.66%34.27%36.09%39.52%

Dividends
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '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
2.82%2.88%3.73%7.20%10.62%8.65%
Dividend Yield
3.60%3.76%3.44%3.59%3.02%2.67%

Valuation
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
12.809.6711.7310.0011.1010.99
Forward PE
9.749.3511.2510.738.7611.69
PS Ratio
3.813.383.833.434.014.34