FRME
First Merchants Corporation
NASDAQ: FRME · FINANCIAL SERVICES · BANKS - REGIONAL
$40.44
+1.56% today
Updated 2026-04-30
Market cap
$2.53B
P/E ratio
11.94
P/S ratio
3.97x
EPS (TTM)
$3.39
Dividend yield
3.57%
52W range
$34 – $43
Volume
0.4M
First Merchants Corporation (FRME) Financial statements
SEC filings — annual and quarterly data.
Balance sheet — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $3.55B | $3.78B | $4.78B | $4.48B | $4.17B | $4.17B | $4.30B | $5.44B | $5.82B | $6.76B | $7.21B | $9.37B | $9.88B | $12.46B | $14.07B | $15.45B | $17.94B | $18.41B | $18.31B | $19.03B |
| Cash & equivalents | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Current assets | $125.59M | $183.02M | $147.05M | $171.64M | $134.73M | $665.93M | $672.20M | $720.92M | $736.77M | $5.13B | $5.55B | $7.23B | $7.69B | $2.13B | $2.56B | $3.04B | $333.73M | $2.27B | $1.86B | $1.58B |
| Total liabilities | $3.23B | $3.44B | $4.39B | $4.02B | $3.72B | $3.66B | $3.75B | $4.80B | $5.10B | $5.91B | $6.31B | $8.06B | $8.48B | $10.67B | $12.19B | $13.54B | $15.90B | $16.16B | $16.01B | $16.56B |
| Current liabilities | $2.86B | $2.85B | $3.85B | $3.67B | $3.38B | $3.29B | $3.51B | $4.51B | $4.78B | $3.09M | $3.11M | $4.39M | $5.61M | $10.09B | $3.29M | $2.76M | $7.53M | $15.00B | $14.78B | $7.93B |
| Long-term debt | $271.87M | $335.78M | $373.28M | $302.94M | $314.17M | $293.28M | $214.51M | $222.51M | $241.26M | $127.85M | $427.37M | $553.73M | $453.45M | $138.69M | $684.91M | $452.67M | $974.97M | $871.50M | $916.08M | — |
| Shareholder equity | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings | $187.97M | $202.75M | $206.50M | $150.86M | $160.86M | $168.72M | $206.40M | $242.94M | $292.40M | $342.13M | $400.98M | $465.23M | $583.34M | $696.52M | $788.58M | $864.84M | $1.01B | $1.15B | $1.27B | $1.41B |
| Accounts receivable | $24.34M | $23.40M | $23.98M | $20.82M | $18.67M | $21.28M | $18.96M | $20.22M | $21.09M | $25.00M | $26.50M | $39.66M | $42.48M | $48.90M | $53.95M | $57.19M | $85.07M | $97.66M | $91.83M | $93.37M |
| Inventory | $7.57M | $6.31M | $22.75M | $22.91M | $42.40M | $34.15M | $35.56M | $27.58M | $26.53M | $17.26M | $8.97M | $10.37M | $2.18M | $-364.06M | $-652.43M | $-734.69M | $-451.38M | $14.98M | — | — |
| Goodwill | $138.64M | $135.86M | $143.48M | $141.36M | $141.36M | $141.36M | $141.38M | $188.95M | $202.72M | $243.13M | $244.00M | $445.36M | $445.36M | $543.92M | $543.92M | $545.38M | $712.00M | $712.00M | $712.00M | $712.00M |