InsiderClue
Stocks · Financials · National Commercial Banks

FIRST MERCHANTS CORP

FRME Clue Score47
United States Fiscal year ends December CIK 0000712534
$39.00 -1.49% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $39.00 −8.28% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 11 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
Net income
Fiscal year 2016Net income0.08EPS, diluted1.98Fiscal year 2017Net income0.10 +18.5%EPS, diluted2.12 +7.1%Fiscal year 2018Net income0.16 +65.6%EPS, diluted3.22 +51.9%Fiscal year 2019Net income0.16 +3.3%EPS, diluted3.19 −0.9%Fiscal year 2020Net income0.15 −9.6%EPS, diluted2.74 −14.1%Fiscal year 2021Net income0.21 +38.3%EPS, diluted3.81 +39.1%Fiscal year 2022Net income0.22 +8.1%EPS, diluted3.81 +0.0%Fiscal year 2023Net income0.22 +0.8%EPS, diluted3.73 −2.1%Fiscal year 2024Net income0.20 −10.0%EPS, diluted3.41 −8.6%Fiscal year 2025Net income0.23 +12.2%EPS, diluted3.88 +13.8%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income 0.08 0.10 0.16 0.16 0.15 0.21 0.22 0.22 0.20 0.23
Growth +18.5% +65.6% +3.3% −9.6% +38.3% +8.1% +0.8% −10.0% +12.2%
EPS, diluted 1.98 2.12 3.22 3.19 2.74 3.81 3.81 3.73 3.41 3.88
Growth +7.1% +51.9% −0.9% −14.1% +39.1% +0.0% −2.1% −8.6% +13.8%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flow
Fiscal year 2016Operating cash flow0.10Buybacks−0.00Dividends paid−0.02Fiscal year 2017Operating cash flow0.13Buybacks0.00Dividends paid−0.03Fiscal year 2018Operating cash flow0.18Buybacks0.00Dividends paid−0.04Fiscal year 2019Operating cash flow0.18Buybacks−0.02Dividends paid−0.05Fiscal year 2020Operating cash flow0.20Buybacks−0.06Dividends paid−0.06Fiscal year 2021Operating cash flow0.22Buybacks−0.03Dividends paid−0.06Fiscal year 2022Operating cash flow0.28Buybacks0.00Dividends paid−0.07Fiscal year 2023Operating cash flow0.26Buybacks0.00Dividends paid−0.08Fiscal year 2024Operating cash flow0.27Buybacks−0.06Dividends paid−0.08Fiscal year 2025Operating cash flow0.28Buybacks−0.05Dividends paid−0.08
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 0.10 0.13 0.18 0.18 0.20 0.22 0.28 0.26 0.27 0.28
Buybacks −0.00 0.00 0.00 −0.02 −0.06 −0.03 0.00 0.00 −0.06 −0.05
Dividends paid −0.02 −0.03 −0.04 −0.05 −0.06 −0.06 −0.07 −0.08 −0.08 −0.08

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2016Cash0.13Shareholders’ equity0.90Fiscal year 2017Cash0.15Shareholders’ equity1.30Fiscal year 2018Cash0.14Shareholders’ equity1.41Fiscal year 2019Cash0.18Shareholders’ equity1.79Fiscal year 2020Cash0.19Shareholders’ equity1.88Fiscal year 2021Cash0.17Shareholders’ equity1.91Fiscal year 2022Cash0.12Shareholders’ equity2.03Fiscal year 2023Cash0.11Shareholders’ equity2.25Fiscal year 2024Cash0.09Shareholders’ equity2.30Fiscal year 2025Cash0.08Shareholders’ equity2.47
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 0.13 0.15 0.14 0.18 0.19 0.17 0.12 0.11 0.09 0.08
Shareholders’ equity 0.90 1.30 1.41 1.79 1.88 1.91 2.03 2.25 2.30 2.47

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In billions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
0.11 0.13 0.19 0.19 0.17 0.24 0.26 0.26 0.23 0.26
0.03 0.04 0.03 0.03 0.02 0.04 0.03 0.04 0.03 0.03
0.08 0.10 0.16 0.16 0.15 0.21 0.22 0.22 0.20 0.23
Growth +18.5% +65.6% +3.3% −9.6% +38.3% +8.1% +0.8% −10.0% +12.2%
Per share
1.99 2.13 3.23 3.20 2.75 3.82 3.83 3.74 3.42 3.90
1.98 2.12 3.22 3.19 2.74 3.81 3.81 3.73 3.41 3.88
Growth +7.1% +51.9% −0.9% −14.1% +39.1% +0.0% −2.1% −8.6% +13.8%
40.8 45.2 49.3 51.4 54.1 53.8 57.7 59.3 58.3 57.5
41.0 45.4 49.5 51.6 54.2 54.0 58.0 59.5 58.5 57.7
Growth +10.7% +9.0% +4.2% +5.2% −0.4% +7.3% +2.7% −1.6% −1.4%

Five years in brief

Worked out from the figures above, not from a press release
  • The diluted share count rose 6.5% in five years, which is dilution.
  • Profitable in every one of the 10 years on file.