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First Merchants (FRME)
NASDAQ:FRME
US Market
FRME
First Merchants
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First Merchants (FRME) Income Statement

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First Merchants Income Statement

Last quarter (Q1 2026), First Merchants's total revenue was $253.30M, an increase of 0.29% from the same quarter last year. In Q1, First Merchants's net income was $28.16M. See First Merchants’s key income statements, including revenue, expenses, profit, and income.
Income Statement
Dec 25Dec 24Dec 23Dec 22Dec 21
Total Revenue
$ 1.05B$ 1.05B$ 999.49M$ 712.95M$ 555.96M
Gross Profit
$ 640.17M$ 591.01M$ 647.50M$ 611.39M$ 520.00M
Operating Expenses
$ 381.06M$ 359.28M$ 388.27M$ 355.71M$ 279.21M
Depreciation and Amortization
$ 29.42M$ 26.85M$ 11.71M$ 11.81M$ 10.70M
EBITDA
$ 288.54M$ 258.58M$ 270.94M$ 267.49M$ 251.49M
Operating Income
$ 259.11M$ 231.73M$ 259.23M$ 255.67M$ 240.79M
Other Income/Expenses
$ 0.00$ 0.00$ 0.00$ 0.00$ 0.00
Pretax Income
$ 259.11M$ 231.73M$ 259.23M$ 255.67M$ 240.79M
Net Income
$ 226.00M$ 201.40M$ 223.79M$ 222.09M$ 205.53M
Per Share Metrics
Basic EPS
$ 3.90$ 3.42$ 3.74$ 3.83$ 3.82
Diluted EPS
$ 3.88$ 3.41$ 3.73$ 3.81$ 3.81
Weighted Average Shares Outstanding
 57.73M 58.31M 59.30M 57.69M 53.78M
Weighted Average Shares Outstanding (Diluted)
 57.73M 58.53M 59.49M 57.95M 53.98M
Currency in USD

First Merchants Earnings and Revenue History