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First Merchants Corporation
First Merchants Corporation Score & Ratio Trend
| Date | Score | P/E | P/B | D/E | Price |
|---|---|---|---|---|---|
| Oct 2026 | 20,957 | 12.6 | 0.92 | 0.35 | 3,719.83 |
| Oct 2026 | 20,991 | 12.5 | 0.91 | 0.35 | 3,682.06 |
| Oct 2026 | 20,906 | 12.8 | 0.93 | 0.35 | 3,749.06 |
| Oct 2026 | 20,891 | 12.7 | 0.93 | 0.35 | 3,750.71 |
| Oct 2026 | 20,918 | 12.7 | 0.93 | 0.35 | 3,733.87 |
| Oct 2026 | 20,829 | 12.9 | 0.94 | 0.35 | 3,803.09 |
| Oct 2026 | 20,847 | 12.8 | 0.94 | 0.35 | 3,779.50 |
| Oct 2026 | 20,740 | 13.1 | 0.96 | 0.35 | 3,853.98 |
| Oct 2026 | 20,760 | 12.6 | 0.96 | 0.35 | 3,855.74 |
First Merchants Corporation Quarterly Results
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 |
|---|---|---|---|---|
| Revenue | — | 157,132,000.0 | 172,170,000.0 | 166,142,000.0 |
| Net Profit | — | 28,156,000.0 | 57,065,000.0 | 56,765,000.0 |
| EPS | 0.7 | 0.5 | 1.0 | 1.0 |
First Merchants Corporation Revenue & Profit: Last 5 Years
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Revenue | 662,947,000.0 | 626,711,000.0 | 651,002,000.0 | 628,144,000.0 | — |
| Net Profit | 226,001,000.0 | 201,402,000.0 | 223,786,000.0 | 222,089,000.0 | — |
| EPS | 3.9 | 3.4 | 3.7 | 3.8 | — |
First Merchants Corporation Balance Sheet
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Total Assets | 19,025,101,000.0 | 18,311,969,000.0 | 18,405,887,000.0 | 18,002,199,000.0 | — |
| Total Liabilities | 16,558,434,000.0 | 16,006,986,000.0 | 16,158,174,000.0 | 15,967,429,000.0 | — |
| Total Equity | 2,466,667,000.0 | 2,304,983,000.0 | 2,247,713,000.0 | 2,034,770,000.0 | — |
Owes vs Owns
First Merchants Corporation owed $0.87 for every $1 it owned in Mar 2026, down from $0.89 in Dec 2022.
| Period | Mar 2026 | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|---|
| Owes vs Owns | 0.87× | 0.87× | 0.87× | 0.88× | 0.89× |
Everything the company owes ÷ everything it owns. Below 1× it owns more than it owes; above 1× it owes more than it owns.
First Merchants Corporation Assets & Liabilities Breakdown (USD millions)
What it owns — Dec 2025
Cash & short-term investments 3.7%Fixed assets (tangible) 0.6%Intangible assets 3.8%Long-term investments 17.8%Other assets 73.6%
How it's funded — Dec 2025
Long-term debt 4.5%Other liabilities 82.4%Shareholders' equity 13.0%
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|
| Assets | ||||
| Cash & short-term investments | 707.0 | 825.2 | 2,175.8 | 2,225.3 |
| Receivables | 93.4 | 91.8 | 97.7 | 85.1 |
| Inventory | 0.0 | 0.0 | 0.0 | 0.0 |
| Fixed assets (tangible) | 121.1 | 129.7 | 133.9 | 117.1 |
| Intangible assets | 725.8 | 731.8 | 739.1 | 747.8 |
| Long-term investments | 3,378.6 | 3,460.7 | 3,811.4 | 4,263.8 |
| Other assets | 13,999.2 | 13,072.7 | 11,448.0 | 10,563.1 |
| Liabilities & equity | ||||
| Short-term debt | 0.0 | 0.0 | 0.0 | 0.0 |
| Long-term debt | 856.2 | 916.1 | 871.5 | 975.0 |
| Payables | 18.2 | 16.1 | 18.9 | 7.5 |
| Other liabilities | 15,684.0 | 15,074.8 | 15,267.8 | 14,984.9 |
| Shareholders' equity | 2,466.7 | 2,305.0 | 2,247.7 | 2,034.8 |
| Net tangible assets | 1,740.9 | 1,573.2 | 1,508.6 | 1,286.9 |
First Merchants Corporation Cash Flow
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|
| Operating Activities | 283,646,000.0 | 266,210,000.0 | 258,833,000.0 | 284,289,000.0 |
| Investing Activities | -773,823,000.0 | -252,424,000.0 | -344,425,000.0 | -462,685,000.0 |
| Financing Activities | 486,719,000.0 | -38,819,000.0 | 75,647,000.0 | 133,844,000.0 |