First 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) Return on assets
First Merchants Corporation's return on assets over the twelve months to 30 September 2026 was 0.98%, down 0.2 percentage points from fiscal 2025 (1.20%). Over the past ten years it has ranged from 1.04% (fiscal 2015) to 1.65% (fiscal 2018); the current reading is higher than 55% of that period. That is below the Banks Regional industry median of 1.13% and below the Financial sector median of 1.15%.
Return on assets, annual
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Annual newest first
| Period | Return on assets | Change (points) |
|---|---|---|
| FY2025 | 1.20% | 0.11 |
| FY2024 | 1.09% | (0.13) |
| FY2023 | 1.22% | (0.10) |
| FY2022 | 1.32% | (0.07) |
| FY2021 | 1.39% | 0.27 |
| FY2020 | 1.12% | (0.35) |
| FY2019 | 1.47% | (0.18) |
| FY2018 | 1.65% | 0.49 |
| FY2017 | 1.16% | 0.00 |
| FY2016 | 1.16% | 0.12 |
Against its own ten years
Return on assets against peers
| Company | Return on assets |
|---|---|
| SYBT Stock Yards Bancorp, Inc. compare | 1.60% |
| FBK FB Financial Corporation compare | 1.40% |
| NBTB NBT Bancorp Inc. compare | 1.34% |
| FBNC First Bancorp compare | 1.26% |
| TRMK Trustmark Corporation compare | 1.24% |
| BANR Banner Corporation compare | 1.17% |
| BBT Beacon Financial Corporation compare | 1.01% |
| FRME First Merchants Corporation | 0.98% |
| BOH Bank of Hawaii Corporation compare | 0.94% |
| Banks Regional industry median | 1.13% |
| Financial sector median | 1.15% |
| Market median | 0.00% |
What Return on assets is
ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.
Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (latest quarter)
More on FRME
- Revenue
- Net income
- 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 invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement