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) Net income
First Merchants Corporation's net income for fiscal 2025 was $226.0M, up 12.2% from $201.4M in fiscal 2024. Over the twelve months to 30 September 2026 it was $197.5M. Over the past ten years it has ranged from $65.4M (fiscal 2015) to $226.0M (fiscal 2025) — the current reading is the highest in ten years. First Merchants Corporation ranks 97th of 324 Banks Regional companies by net income.
Net income, annual
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Annual newest first
| Period | Net income | Change |
|---|---|---|
| FY2025 | $226.0M | 12.21% |
| FY2024 | $201.4M | (10.00%) |
| FY2023 | $223.8M | 0.76% |
| FY2022 | $222.1M | 8.06% |
| FY2021 | $205.5M | 38.31% |
| FY2020 | $148.6M | (9.64%) |
| FY2019 | $164.5M | 3.34% |
| FY2018 | $159.1M | 65.65% |
| FY2017 | $96.1M | 18.53% |
| FY2016 | $81.1M | 23.96% |
Quarterly newest first
| Period | Net income | Change |
|---|---|---|
| Sep 2026 | $68.3M | 55.33% |
| Jun 2026 | $44.0M | 56.20% |
| Mar 2026 | $28.2M | (50.66%) |
| Dec 2025 | $57.1M | 0.53% |
| 43 more quarters | Free account |
Against its own ten years
Net income against peers
| Company | Net income |
|---|---|
| BOH Bank of Hawaii Corporation compare | $246.4M |
| TRMK Trustmark Corporation compare | $234.3M |
| FBK FB Financial Corporation compare | $233.4M |
| NBTB NBT Bancorp Inc. compare | $214.2M |
| BANR Banner Corporation compare | $202.6M |
| FRME First Merchants Corporation | $197.5M |
| FBNC First Bancorp compare | $164.2M |
| BBT Beacon Financial Corporation compare | $159.8M |
| SYBT Stock Yards Bancorp, Inc. compare | $156.8M |
What Net income is
Net Income tells an investor how much profit a company kept in a period after every cost, interest charge and tax.
Reported line item
More on FRME
- Revenue
- EPS (diluted)
- Free cash flow
- 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