stockrowFirst Merchants Corporation
FRME Financial Banks Regional
First Merchants Corporation’s revenue for fiscal 2025 (year ended December 2025) was $1.1 billion, down 2.04% from fiscal 2024.
- Revenue
- +12.9%
- EPS
- +11.2%
- Free cash flow
- −10.5%
- Total debt
- +27.1%
Quarter to September 2026, against a year earlier
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First Merchants Corporation (FRME) Free cash flow
First Merchants Corporation's free cash flow for fiscal 2025 was $283.6M, up 6.55% from $266.2M in fiscal 2024. Over the twelve months to 30 September 2026 it was $305.7M. Over the past ten years it has ranged from $56.7M (fiscal 2015) to $284.3M (fiscal 2022); the current reading is higher than 91% of that period. First Merchants Corporation ranks 79th of 323 Banks Regional companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $283.6M | 6.55% |
| FY2024 | $266.2M | 2.85% |
| FY2023 | $258.8M | (8.95%) |
| FY2022 | $284.3M | 32.02% |
| FY2021 | $215.3M | 5.65% |
| FY2020 | $203.8M | 15.34% |
| FY2019 | $176.7M | (1.95%) |
| FY2018 | $180.2M | 42.48% |
| FY2017 | $126.5M | 21.97% |
| FY2016 | $103.7M | 83.06% |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Sep 2026 | $78.4M | (10.95%) |
| Jun 2026 | $88.0M | 50.26% |
| Mar 2026 | $58.6M | (27.41%) |
| Dec 2025 | $80.7M | (7.82%) |
| 43 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| FRME First Merchants Corporation | $305.7M |
| FBNC First Bancorp compare | $284.0M |
| BOH Bank of Hawaii Corporation compare | $267.7M |
| NBTB NBT Bancorp Inc. compare | $245.6M |
| BANR Banner Corporation compare | $243.4M |
| BBT Beacon Financial Corporation compare | $215.9M |
| SYBT Stock Yards Bancorp, Inc. compare | $205.0M |
| TRMK Trustmark Corporation compare | $180.0M |
| FBK FB Financial Corporation compare | $176.1M |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on FRME
- Revenue
- Net income
- EPS (diluted)
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement