FRME
NASDAQ · Banking
First Merchants Corp
$43.63
+0.49 (+1.14%)
Financial Highlights (FY 2026)
Revenue
664.97M
Net Income
240.18M
Gross Margin
—
Profit Margin
35.4%
Rev Growth
+9.1%
D/E Ratio
0.08
Revenue & Net Income
Margin Trends
| FY 2026 | FY 2025 | FY 2024 | FY 2023 | |
|---|---|---|---|---|
| Gross Margin | — | — | 40.5% | 40.5% |
| Operating Margin | 40.7% | 36.6% | 32.0% | 29.6% |
| Profit Margin | 35.4% | 33.6% | 23.0% | 25.7% |
Income Statement
| FY 2026 | FY 2025 | FY 2024 | FY 2023 | |
|---|---|---|---|---|
| Revenue | 664.97M | 609.28M | 1.21B | 1.18B |
| Gross Profit | — | — | 492.00M | 479.53M |
| Operating Income | 270.66M | 223.20M | 388.73M | 349.55M |
| Net Income | 240.18M | 198.06M | 278.89M | 303.36M |
| Gross Margin | — | — | 40.5% | 40.5% |
| Operating Margin | 40.7% | 36.6% | 32.0% | 29.6% |
| Profit Margin | 35.4% | 33.6% | 23.0% | 25.7% |
| Rev Growth | +9.1% | +9.1% | +5.0% | +19.4% |
Balance Sheet
| FY 2026 | FY 2025 | FY 2024 | FY 2023 | |
|---|---|---|---|---|
| Total Debt | 100.97M | 100.97M | 1.09B | 1.17B |
| Total Equity | 1.24B | 1.24B | 2.10B | 2.08B |
| D/E Ratio | 0.08 | 0.08 | 0.52 | 0.56 |
Cash Flow
| FY 2026 | FY 2025 | FY 2024 | FY 2023 | |
|---|---|---|---|---|
| EBITDA | 354.03M | 308.16M | 547.47M | 509.02M |
| Free Cash Flow | — | — | 161.52M | 195.81M |