First Merchants Corporation Financials

FRME

All currency values in $ millions unless otherwise noted

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Showing 5 of 16 available years

Income Statement	DEC 2025	DEC 2024	DEC 2023	DEC 2022	DEC 2021
Operating Expenses
Selling & Marketing	$8	$7	$7	$8	$6
Non-Operating
Net Interest Expense	$536	$521	$545	$520	$411
EBT (Earnings Before Tax)	$259	$232	$259	$256	$241
Income Tax Expense	$33	$30	$35	$34	$35
Net Income
Net Income	$226	$201	$224	$222	$206
EPS (Basic)	$3.90	$3.42	$3.74	$3.83	$3.82
EPS (Diluted)	$3.88	$3.41	$3.73	$3.81	$3.81
Weighted Avg Shares (Basic)	57.5M	58.3M	59.3M	57.7M	53.8M
Weighted Avg Shares (Diluted)	57.7M	58.5M	59.5M	58.0M	54.0M
Shares Outstanding	57.7M	58.5M	59.5M	58.0M	54.0M
Dividends Per Share	$1.43	$1.39	$1.34	$1.25	$1.13

First Merchants (FRME) financials: revenue, profit and margins

First Merchants (FRME) generated about n/a in revenue and $198 million in net income over the trailing twelve months. Figures are from SEC filings; this is analysis, not investment advice.

Frequently asked

Is First Merchants profitable?+

Yes, First Merchants reported about $198 million in net income over the trailing twelve months. Net income is the bottom line after all costs, interest and taxes. Compare it to free cash flow on this tab, since reported profit and actual cash generated can diverge.

More on FRME: Overview · Quality scorecard · DCF valuation · Dividend safety

How the market compares: How many US companies are profitable

SourceFinancial statements computed from the 10-Q filed 27 Oct 2026, covering the period ending 30 Sept 2026, as reported to the SEC. Data last refreshed 31 Oct 2026. How this is calculated.

Fiscal year ends Dec.

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Held by ETFs

FRME is in 78 US ETFs. The largest of them, with FRME's weight in each:

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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.

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