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.
Cash flow — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $36.28M | $49.61M | $39.01M | $17.61M | $81.05M | $85.48M | $70.27M | $183.13M | $75.84M | $56.66M | $103.72M | $126.50M | $180.24M | $178.41M | $204.81M | $207.38M | $268.05M | $258.83M | $266.21M | $283.65M |
| Capital expenditures | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $13.61M | $108.63M | $53.89M | $146.03M | $325.37M | $9.97M | $432.06M | $9.12M | $312.44M | $0.00 | $64.27M | $0.00 | $0.00 | $0.00 | $0.00 |
| Depreciation | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock-based comp | — | — | $1.90M | $2.29M | $1.75M | $1.31M | $1.49M | $1.77M | $2.18M | $2.27M | $2.60M | $2.83M | $3.59M | $4.12M | $4.60M | $4.76M | $4.65M | $5.16M | $5.82M | $7.33M |
| Free cash flow | $36.28M | $49.61M | $39.01M | $17.61M | $81.05M | $71.87M | $-38.36M | $129.24M | $-70.19M | $-268.71M | $93.75M | $-305.56M | $171.11M | $-134.03M | $204.81M | $143.11M | $268.05M | $258.83M | $266.21M | $283.65M |
| Investing cash flow | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Dividends paid | $16.95M | $16.85M | $16.77M | $14.25M | $5.92M | $4.73M | $7.44M | $7.99M | $10.69M | $15.65M | $22.20M | $31.82M | $41.66M | $51.28M | $56.54M | $61.23M | $74.15M | $81.94M | $83.50M | $84.79M |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Debt repayment | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net change in cash | — | — | — | — | — | $15.01M | $28.15M | $7.97M | $9.18M | $-16.45M | $25.76M | $26.98M | $-15.66M | $37.95M | $15.70M | $-25.75M | $-44.55M | — | — | — |