Stocktoria
FIRST MERCHANTS CORP FRME
FIRST MERCHANTS CORP financials (annual)
Bars are annual figures from 2016 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest expense | — | — | $348.5M | $84.8M | $36.0M | $66.4M | $108.7M | $69.1M | $37.6M | $26.8M |
| Income tax | $33.1M | $30.3M | $35.4M | $33.6M | $35.3M | $21.4M | $29.3M | $29.0M | $37.5M | $27.6M |
| Net income | $226.0M | $201.4M | $223.8M | $222.1M | $205.5M | $148.6M | $164.5M | $159.1M | $96.1M | $81.1M |
| EPS (diluted) | $3.88 | $3.41 | $3.73 | $3.81 | $3.81 | $2.74 | $3.19 | $3.22 | $2.12 | $1.98 |
| Operating cash flow | $283.6M | $266.2M | $258.8M | $284.3M | $215.3M | $203.8M | $176.7M | $180.2M | $126.5M | $103.7M |
| Cash & equivalents | — | — | — | — | — | — | $177.2M | $139.2M | $154.9M | $127.9M |
| Total assets | $19.0B | $18.3B | $18.4B | $18.0B | $15.5B | $14.1B | $12.5B | $9.9B | $9.4B | $7.2B |
| Total liabilities | $16.6B | $16.0B | $16.2B | $16.0B | $13.5B | $12.2B | $10.7B | $8.5B | $8.1B | $6.3B |
| Shareholders' equity | $2.5B | $2.3B | $2.2B | $2.0B | $1.9B | $1.9B | $1.8B | $1.4B | $1.3B | $901.7M |
Growth · year-over-year
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income growth | +12.2% | -10.0% | +0.8% | +8.1% | +38.3% | -9.6% | +3.3% | +65.6% | +18.5% | +24.0% |
| EPS growth | +13.8% | -8.6% | -2.1% | +0.0% | +39.1% | -14.1% | -0.9% | +51.9% | +7.1% | +15.1% |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.