FRME
First Merchants (FRME)
NASDAQ
$41.91+$0.72 (+1.74%)
Price as of Jun 23, 2026 4:10 PM EDT
  • $2.6B
    Market Cap
  • 15.23%
    1-Year Change
  • Banks - Regional
    Industry
Annual
Quarterly
12/31/2025
12/31/2024
12/31/2023
12/31/2022
Income Statement
Total Operating Revenue
34.3M
-62.25%
90.8M
+5.78%
85.8M
+2.65%
83.6M
+13.12%
Cost of Revenue
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Gross Profit
34.3M
-62.25%
90.8M
+5.78%
85.8M
+2.65%
83.6M
+13.12%
Sales and Marketing Expense
7.8M
+5.48%
7.4M
-0.51%
7.4M
-3.65%
7.7M
+33.77%
Research and Development Expense
-27.5M
+1.28%
-27.1M
+7.85%
-25.2M
+16.06%
-21.7M
+18.37%
Depreciation and Amortization Expense
29.4M
+9.59%
26.8M
+129.26%
11.7M
-0.88%
11.8M
+10.41%
Total Operating Expenses
382.6M
+0.87%
379.3M
-2.32%
388.3M
+9.15%
355.7M
+27.40%
Operating Profit
259.1M
+11.82%
231.7M
-10.61%
259.2M
+1.39%
255.7M
+6.18%
Interest Income
924.8M
-2.45%
948.0M
+6.05%
893.9M
+47.75%
605.0M
+35.46%
Interest Expense
-3.5M
-47.96%
-6.8M
-98.05%
-348.5M
+310.94%
-84.8M
+135.88%
Interest Income and Expense and Net
921.3M
-2.12%
941.2M
+72.57%
545.4M
+4.84%
520.2M
+26.67%
Total Nonoperating Income and Expense
536.0M
+2.86%
521.1M
-4.45%
545.4M
+4.84%
520.2M
+26.67%
Income before Taxes
259.1M
+11.82%
231.7M
-10.61%
259.2M
+1.39%
255.7M
+6.18%
Income Taxes
33.1M
+9.19%
30.3M
-14.44%
35.4M
+5.54%
33.6M
-4.75%
Extraordinary Items
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Net Income
226.0M
+12.21%
201.4M
-10.00%
223.8M
+0.76%
222.1M
+8.06%
Net Income from Continuing Operations Applicable to Common
224.1M
+12.33%
199.5M
-10.09%
221.9M
+0.56%
220.7M
+7.37%
Basic EPS and Net Income
3.90
+14.04%
3.42
-8.56%
3.74
-2.35%
3.83
+0.26%
Diluted EPS and Net Income
3.88
+13.78%
3.41
-8.58%
3.73
-2.10%
3.81
0.00%
Basic Weighted Average Shares
57.7M
-1.38%
58.5M
-1.30%
59.3M
+2.80%
57.7M
+7.27%
Diluted Weighted Average Shares
57.7M
-1.38%
58.5M
-1.61%
59.5M
+2.65%
58.0M
+7.35%
Balance Sheet
Cash and Cash Equivalents
84.2M
-3.95%
87.6M
-22.22%
112.6M
-8.11%
122.6M
-26.65%
Short-Term Investments
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Cash and Cash Equivalents and Short-Term Investments
84.2M
-3.95%
87.6M
-22.22%
112.6M
-8.11%
122.6M
-26.65%
Total Current Assets
374.6M
-3.25%
387.2M
+20.12%
322.3M
+45.43%
221.6M
+58.12%
Accumulated Depreciation
226.4M
-3.15%
233.8M
+3.24%
226.5M
-0.50%
227.6M
+9.96%
Property and Plant and Equipment and Net
121.1M
-6.69%
129.7M
-3.10%
133.9M
+14.33%
117.1M
+10.85%
Total Long-Term Assets
374.6M
-3.25%
387.2M
+20.12%
322.3M
+45.43%
221.6M
+58.12%
Total Assets
19.0B
+3.89%
18.3B
-0.51%
18.4B
+2.61%
17.9B
+16.08%
Income Taxes Payable
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Total Short-Term Debt
0
N/A
0
N/A
N/A
N/A
N/A
N/A
Total Current Liabilities
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Total Long-Term Debt
1.1B
-15.51%
1.3B
+5.41%
1.2B
-18.96%
1.5B
+94.62%
Total Long-Term Liabilities
59.1M
-51.97%
123.1M
-31.47%
179.6M
-8.77%
196.9M
-2.15%
Total Liabilities
16.6B
+3.45%
16.0B
-0.94%
16.2B
+1.60%
15.9B
+17.45%
Retained Earnings
1.4B
+11.10%
1.3B
+10.21%
1.2B
+14.01%
1.0B
+17.11%
Total Stockholders Equity
2.5B
+7.01%
2.3B
+2.55%
2.2B
+10.47%
2.0B
+6.39%
Total Shares Outstanding
57.0M
-1.76%
58.0M
-2.44%
59.4M
+0.43%
59.2M
+10.78%
Cash Flow
Cash from Operating Activities
283.6M
+6.55%
266.2M
+2.85%
258.8M
-3.44%
268.0M
+29.25%
Capital Expenditures
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Cash from Investing Activities
-773.8M
+206.56%
-252.4M
-26.71%
-344.4M
-22.85%
-446.4M
-69.62%
Dividends Paid
82.9M
+1.58%
81.6M
+1.95%
80.1M
+10.05%
72.7M
+18.81%
Cash from Financing Activities
486.7M
+1,353.82%
-38.8M
-151.32%
75.6M
-43.48%
133.8M
-89.17%
Financials Ratio
Gross Margin
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Operating Margin
756.25%
+196.22%
255.30%
-15.50%
302.12%
-1.23%
305.87%
-6.14%
Return on Assets
1.21%
+10.36%
1.10%
-10.92%
1.23%
-7.42%
1.33%
-4.47%
Return on Equity
9.47%
+7.07%
8.85%
-15.34%
10.45%
-7.12%
11.25%
+3.70%
Revenue Growth
-62.25%
-1,176.26%
5.78%
+118.28%
2.65%
-79.81%
13.12%
+715.66%
Current Ratio
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Cash Ratio
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Debt-to-Equity Ratio
0.43
-21.05%
0.54
N/A
N/A
N/A
N/A
N/A
Debt-to-Assets Ratio
0.06
-18.71%
0.07
N/A
N/A
N/A
N/A
N/A

Earnings & Revenue History

Debt-to-Assets

Cash Flow