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First Merchants Corp. (FRME)
NASDAQ:FRME
US Market

First Merchants (FRME) Income Statement

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First Merchants Income Statement

Last quarter (Q3 2025), First Merchants's total revenue was $267.57M, an increase of 0.61% from the same quarter last year. In Q3, First Merchants's net income was $56.77M. See First Merchants’s key income statements, including revenue, expenses, profit, and income.
Income Statement
Dec 24Dec 23Dec 22Dec 21Dec 20
Total Revenue
$ 1.05B$ 999.49M$ 712.95M$ 555.96M$ 558.43M
Gross Profit
$ 591.01M$ 647.50M$ 611.39M$ 520.00M$ 433.38M
Operating Expenses
$ 359.28M$ 388.27M$ 355.71M$ 279.21M$ 263.40M
Depreciation and Amortization
$ 26.85M$ 11.71M$ 11.81M$ 10.70M$ 11.01M
EBITDA
$ 258.58M$ 270.94M$ 267.49M$ 251.49M$ 180.98M
Operating Income
$ 231.73M$ 259.23M$ 255.67M$ 240.79M$ 169.97M
Other Income/Expenses
$ 0.00$ 0.00$ 0.00$ 0.00$ 0.00
Pretax Income
$ 231.73M$ 259.23M$ 255.67M$ 240.79M$ 169.97M
Net Income
$ 201.40M$ 223.79M$ 222.09M$ 205.53M$ 148.60M
Per Share Metrics
Basic EPS
$ 3.42$ 3.74$ 3.83$ 3.82$ 2.75
Diluted EPS
$ 3.41$ 3.73$ 3.81$ 3.81$ 2.74
Weighted Average Shares Outstanding
58.31M 59.30M 57.69M 53.78M 54.06M
Weighted Average Shares Outstanding (Diluted)
58.53M 59.49M 57.95M 53.98M 54.22M
Currency in USD

First Merchants Earnings and Revenue History