First Merchants Corporation logo FRME - First Merchants Corporation

NEXT EARNINGS: Apr 28, 2026 EPS Est: $0.88 | Rev Est: $188.9M
Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 9
HOLD 2
SELL 0
STRONG
SELL
0
| PRICE TARGET: $49.00 DETAILS
HIGH: $49.00
LOW: $49.00
MEDIAN: $49.00
CONSENSUS: $49.00
UPSIDE: 21.29%
Market Cap: 2.55B
Volume: 431,865
Avg Volume: 330,966
52 Week Range: 33.13-44.33
Sector: Financial Services
Industry: Banks - Regional
Beta: 0.93
Last Dividend: $1.43
Exchange: NASDAQ
Country: US
Employees: 2,120
IPO Date: 1989-06-20
EPS (TTM): 3.90
P/E Ratio: 9.57
Revenue (TTM): 1.05B
Total Assets: 19.03B
Total Debt: 999.93M
Cash & Equiv: 84.16M
Rev Growth (5Y): 13.5%
EPS Growth (5Y): 7.2%
FCF Growth (5Y): 8.5%
ROCE: 2.3%
Debt/Equity: 0.41

Earnings History

Date EPS Actual EPS Est EPS Surprise Rev Actual Rev Est Rev Surprise
2026-01-26 $0.98 $0.96 +2.1% $171.4M $187.0M -8.3%
2025-10-22 $0.99 $0.96 +2.9% $166.1M $172.5M -3.7%
2025-07-23 $0.98 $0.94 +4.3% $164.3M $172.8M -4.9%
2025-04-24 $0.94 $0.91 +3.3% $160.3M $170.9M -6.2%
2025-01-30 $1.00 $0.90 +11.1% $157.1M $167.0M -5.9%
2024-10-24 $0.84 $0.90 -6.7% $156.0M $166.3M -6.2%
2024-07-25 $0.68 $0.80 -15.0% $159.9M $160.5M -0.4%
2024-04-25 $0.85 $0.82 +3.7% $153.7M $162.7M -5.5%

Track Record

Statements >
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue 1.05B 1.05B 999.49M 712.95M 555.96M 558.43M 552.09M 484.40M 385.90M 318.51M 281.55M 270.69M
Net Income 226.00M 201.40M 223.79M 222.09M 205.53M 148.60M 164.46M 159.14M 96.07M 81.05M 65.38M 60.16M
EPS 3.90 3.42 3.74 3.83 3.82 2.75 3.20 3.23 2.13 1.99 1.73 1.66
Total Assets 19.03B 18.31B 18.41B 17.94B 15.45B 14.07B 12.46B 9.88B 9.37B 7.21B 6.76B 5.82B
Total Debt 999.93M 1.16B 1.03B 1.31B 634.25M 684.91M 732.70M 670.96M 834.39M 694.20M 568.54M 411.99M
Cash & Equivalents 84.16M 386.51M 548.73M 248.66M 641.30M 585.20M 295.46M 176.21M 189.93M 152.39M 134.49M 166.14M
Operating Cash Flow N/A 266.21M 258.83M 284.29M 215.34M 204.81M 178.41M 180.24M 126.50M 103.72M 56.66M 75.84M
Free Cash Flow N/A 266.21M 258.83M 284.29M 215.34M 204.81M 176.73M 180.24M 126.50M 103.72M 56.66M 75.84M
FCF per Share N/A 4.57 4.36 4.93 4.00 3.79 3.44 3.66 2.80 2.55 1.50 2.09
Book Value 2.47B 2.30B 2.25B 2.03B 1.91B 1.88B 1.79B 1.41B 1.30B 901.66M 850.51M 726.83M
Cash & ST Investments 1.49B 1.77B 2.18B 2.23B 2.99B 2.50B 2.09B 1.32B 1.19B 849.25M 792.88M 715.68M
ROC Equity 0.09 0.09 0.10 0.11 0.11 0.08 0.09 0.11 0.07 0.09 0.08 0.08