First Merchants Corporation Financials

Market Capitalization $2.17 Billion as of Jan. 1, 2026

Valuations Metrics as of Jan. 3, 2026

Trailing PE	9.38
Forward PE	9.07
Price to Sales TTM	$3.34
Price to Book MRQ	$0.90
Enterprise to Revenue	4.79
Enterprise to EBITDA

Financial Reports as of Sep. 30, 2025

Financials

Fiscal Year Ends	2024-12-31
Most Recent Quarter	2025-09-30
Profit Margin	35.91%
Operating Margin	43.52%
Return on Assets TTM	1.26%
Return on Equity TTM	9.90%

Income Statement

Revenue TTM	$649,588,992
Revenue per Share TTM	$11.27
Quarterly Revenue Growth	7.20%
Gross Profit TTM	$649,588,992
EBITDA	$0
Net Income to Common TTM	$231,410,000
Diluted EPS TTM	$4.00
Quarterly Earnings Growth YoY	15.40%

Balance Sheet

Total Cash MRQ	$307,507,008
Total Cash per Share MRQ	$5.32
Total Debt MRQ	$
Total Debt to Equity MRQ	0.51
Current Ratio MRQ
Book Value per Share MRQ	$41.74

Cash Flow

Operating Cash Flow TTM	$270,438,016
Levered Free Cash Flow TTM	$199,527,000

FRME Stock Info as of Jan. 3, 2026

Stock Statistics

Shares Outstanding	57,192,497
Float Shares	56,843,151
Avg 10 Volume	288,770
Avg 30 Volume	None
Shares Short	1,142,561
Short Ratio	4.31
Short % of Shares	2.26%
% Held by Insiders	1.62%
% Held by Institutions	78.61%

Stock Price Summary

Beta	0.96
Fifty Two Week Low	$33.13
Fifty Two Week High	$45.62
Fifty Two Week Change	-4.48%
Day 50 MA	$37.01
Day 200 MA	$38.13

Dividends and Splits

Forward Annual Dividend Rate	$1.44
Forward Annual Dividend Yield	3.84%
Trailing Annual Dividend Rate	$1.43
Trailing Annual Dividend Yield	3.81%
Payout Ratio	35.50%
Dividend Date	2025-12-19
Ex Dividend Date	2025-12-05
Last Split Factor
Last Split Date	2003-08-27