First Merchants Corporation
NASDAQ:FRME
38.3 (USD) • At close June 30, 2025
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities: | ||||||||||||||||||||||||||||||||||||
| Net Income
| 201.402 | 223.786 | 222.089 | 205.531 | 148.6 | 164.46 | 159.139 | 96.07 | 81.051 | 65.384 | 60.162 | 44.53 | 45.122 | 25.252 | 6.909 | -40.763 | 20.638 | 31.639 | 30.198 | 30.239 | 29.411 | 27.571 | 27.836 | 22.209 | 19.94 | 19.1 | 17.9 | 16.5 | 13.1 | 9.9 | 9.2 | 8.5 | 7.8 | 6.8 | 6 | 5.7 |
| Depreciation & Amortization
| 26.849 | 11.711 | 11.815 | 10.701 | 11.009 | 9.383 | 8.842 | 7.967 | 7.161 | 6.262 | 6.007 | 4.67 | 4.472 | 5.158 | 5.702 | 5.962 | 4.613 | 4.331 | 5.382 | 5.07 | 5.064 | 4.769 | 7.29 | 4.674 | 4.166 | 3.1 | 2.9 | 2.6 | 1.9 | 1.9 | 2.4 | 1.8 | 0.8 | 0.6 | 0.6 | 0.5 |
| Deferred Income Tax
| 1.624 | 6.599 | 9.065 | 6.983 | -9.735 | 4.965 | 3.524 | 15.523 | 8.611 | 4.444 | 15.048 | 2.147 | 15.89 | 8.256 | -1.81 | -10.858 | -8.666 | 0 | 0 | 0 | 0 | 0 | -0.503 | 0.616 | -0.767 | -1.1 | 0.2 | -0.1 | 0.4 | 0.3 | -0.1 | -0.5 | -0.6 | -0.4 | -0.5 | -0.1 |
| Stock Based Compensation
| 5.818 | 5.158 | 4.652 | 4.762 | 4.6 | 4.115 | 3.592 | 2.827 | 2.6 | 2.27 | 2.177 | 1.773 | 1.492 | 1.315 | 1.75 | 2.294 | 1.898 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change In Working Capital
| -2.63 | -4.449 | -22.202 | -8.637 | -13.554 | -8.087 | -6.554 | -10.713 | -5.391 | -5.922 | 0.787 | 109.133 | 0.433 | -0.386 | 0.695 | 0.025 | -7.128 | 1.62 | -1.706 | -0.909 | -0.747 | -0.327 | -0.555 | 0.787 | 0.654 | 0 | -0.4 | -0.2 | 0.4 | 1 | 0.1 | -0.1 | 0.7 | 0 | 0 | 0.1 |
| Accounts Receivables
| 5.835 | -12.594 | -20.695 | -3.239 | -5.047 | -4.659 | -3.751 | -6.838 | -1.779 | -2.833 | -0.545 | 109.497 | 1.884 | 0.951 | 2.144 | 3.158 | 2.858 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Payables
| -2.81 | 11.382 | 3.703 | -0.525 | -3.467 | 1.09 | 1.217 | 0.031 | 0.018 | -0.162 | 1.332 | -0.364 | -1.451 | -1.337 | -1.449 | -3.133 | -1.217 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Working Capital
| -5.655 | -3.237 | -5.21 | -4.873 | -5.04 | -4.518 | -4.02 | -3.906 | -3.63 | -2.927 | 0 | 0 | 0 | 0 | 0 | 0 | -8.769 | 1.62 | -1.706 | -0.909 | -0.747 | -0.327 | -0.555 | 0.787 | 0.654 | 0 | -0.4 | -0.2 | 0.4 | 1 | 0.1 | -0.1 | 0.7 | 0 | 0 | 0.1 |
| Other Non Cash Items
| 33.147 | 16.028 | 58.87 | -3.999 | 62.911 | 1.891 | 11.692 | 14.828 | 9.687 | -15.778 | -8.341 | 20.878 | 2.86 | 45.889 | 67.805 | 60.95 | 27.658 | 12.024 | 2.403 | 12.094 | 6.223 | 33.656 | -16.373 | 2.926 | 5.792 | 4.6 | -1.2 | 0.5 | 1 | -1.3 | 0.9 | 1.6 | 2 | 2.5 | 1.7 | 1.4 |
| Operating Cash Flow
| 266.21 | 258.833 | 284.289 | 215.341 | 204.811 | 178.407 | 180.235 | 126.502 | 103.719 | 56.66 | 75.84 | 183.131 | 70.269 | 85.484 | 81.051 | 17.61 | 39.013 | 49.614 | 36.277 | 46.494 | 39.951 | 65.669 | 17.695 | 31.212 | 29.785 | 25.7 | 19.4 | 19.3 | 16.8 | 11.8 | 12.5 | 11.3 | 10.7 | 9.5 | 7.8 | 7.6 |
| Investing Activities: | ||||||||||||||||||||||||||||||||||||
| Investments In Property Plant And Equipment
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4.854 | -2.438 | -4.409 | -3.7 | -5.2 | -2.6 | -2.1 | -2.1 | -1.2 | -2.6 | -1.4 | -1.1 | -0.5 | -0.7 |
| Acquisitions Net
| -243.504 | 0 | 137.78 | -2.933 | 0 | 10.207 | 0 | 54.536 | 0 | 7.219 | -10.084 | 10.992 | 29.113 | 0 | 0 | 0 | 6.934 | -0.37 | -0.059 | -0.213 | -0.201 | -7.793 | -12.532 | 5.261 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases Of Investments
| -124.395 | -50.19 | -755.285 | -2,090.224 | -1,312.212 | -1,100.176 | -400.749 | -509.265 | -392.267 | -287.436 | -253.924 | -409.636 | -143.817 | -283.388 | -491.776 | -551.541 | -29.319 | -79.561 | -100.846 | -98.203 | -214.393 | -260.467 | -183.226 | -35.092 | -12.149 | -152.3 | -194.2 | -80.6 | -136.4 | -103.6 | -55 | -120.3 | -97.2 | -103.5 | -126.1 | -97.4 |
| Sales Maturities Of Investments
| 395.656 | 549.301 | 963.408 | 687.955 | 827.237 | 401.695 | 298.529 | 237.231 | 360.194 | 245.352 | 264.334 | 197.029 | 232.609 | 181.984 | 224.317 | 482.151 | 116.214 | 95.706 | 71.879 | 73.954 | 148.63 | 232.248 | 189.943 | 113.074 | 70.246 | 147.3 | 110.1 | 112.3 | 145.3 | 84.8 | 77 | 111 | 109.4 | 105.8 | 108.2 | 101.3 |
| Other Investing Activites
| -280.181 | -843.536 | -808.588 | -72.203 | -1,067.05 | -318.125 | -473.356 | -417.832 | -416.631 | -305.526 | -126.317 | 63.453 | -106.019 | 73.241 | 377.312 | 327.879 | -234.017 | -213.351 | -268.974 | -40.728 | -97.862 | -67.753 | -89.846 | -53.335 | -85.599 | -110.4 | -54.8 | -96.3 | -80.3 | -18.4 | -24.9 | -26.9 | -27.9 | -5.6 | -19.4 | -11.1 |
| Investing Cash Flow
| -252.424 | -344.425 | -462.685 | -1,477.405 | -1,552.025 | -1,006.399 | -575.576 | -635.33 | -448.704 | -340.391 | -125.991 | -138.162 | 11.886 | -28.163 | 109.853 | 258.489 | -140.188 | -197.576 | -298 | -65.19 | -163.826 | -103.765 | -100.515 | 27.47 | -31.911 | -119.1 | -144.1 | -67.2 | -73.5 | -39.3 | -4.1 | -38.8 | -17.1 | -4.4 | -37.8 | -7.9 |
| Financing Activities: | ||||||||||||||||||||||||||||||||||||
| Debt Repayment
| 129.409 | -285.169 | 485.5 | -50.662 | -47.791 | -43.871 | -162.334 | 64.023 | 125.346 | 120.847 | -111.273 | 131.699 | -132.878 | 54.026 | -62.865 | -168.128 | -87.087 | 126.141 | -67.473 | 67.345 | 56.448 | -11.452 | 106.934 | 10.823 | 17.886 | 26.4 | 21.6 | 15.4 | 7.8 | -4.2 | -7.7 | 9.8 | -12 | 0 | -6.8 | 36.9 |
| Common Stock Issued
| 2.261 | 2.18 | 2.056 | 1.88 | 1.726 | 1.531 | 1.211 | 0.991 | 0.835 | 0.661 | 0.523 | 0.325 | 0.202 | 21.254 | 24.241 | 1.352 | 1.794 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common Stock Repurchased
| -56.168 | 0 | 0 | -25.444 | -55.912 | -19.041 | -1.902 | -1.283 | -1.98 | -1.64 | -1.067 | -91.274 | -0.235 | -69.726 | -0.076 | -0.193 | -2.188 | -12.751 | 0 | -9.658 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid
| -83.498 | -81.936 | -74.154 | -61.23 | -56.542 | -51.276 | -41.66 | -31.82 | -22.203 | -15.654 | -10.694 | -7.992 | -7.442 | -4.729 | -5.92 | -14.254 | -16.775 | -16.854 | -16.951 | -16.981 | -17.048 | -16.557 | -13.995 | -11.127 | -10.331 | -9.8 | -7.9 | -7.1 | -5.4 | -3.9 | -3.6 | -3.2 | -2.9 | -2.6 | -2.2 | -2 |
| Other Financing Activities
| -30.823 | 440.572 | -279.558 | 1,373.65 | 1,520.674 | 977.757 | 585.579 | 500.978 | 269.579 | 163.732 | 182.367 | -160.536 | 86.346 | -112.741 | -267.124 | -66.215 | 221.234 | 93.699 | 368.05 | -25.574 | 46.049 | 53.848 | 8.121 | -17.322 | -17.349 | 111 | 146.5 | 41.4 | 10.6 | 58.3 | 23.6 | -7 | 27.2 | 3.7 | 22.1 | -8.7 |
| Financing Cash Flow
| -38.819 | 75.647 | 133.844 | 1,236.314 | 1,362.909 | 865.946 | 379.683 | 535.806 | 370.742 | 267.285 | 59.333 | -36.995 | -54.007 | -42.316 | -311.744 | -247.438 | 116.978 | 192.688 | 281.263 | 19.153 | 84.308 | 28.585 | 98.83 | -23.117 | -14.704 | 97 | 161.7 | 51.1 | 13.9 | 50 | 11.4 | 0.3 | 12.9 | 0.9 | 12.3 | 26.2 |
| Other Information: | ||||||||||||||||||||||||||||||||||||
| Effect Of Forex Changes On Cash
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.1 | 0 | 0 | 0 | 0 | -8.4 | 0 | 0 | -5.1 | 0 | 0 |
| Net Change In Cash
| -25.033 | -9.945 | -44.552 | -25.75 | 15.695 | 37.954 | -15.658 | 26.978 | 25.757 | -16.446 | 9.182 | 7.974 | 28.148 | 15.005 | -120.84 | 28.661 | 15.803 | 44.726 | 19.54 | 0.457 | -39.567 | -9.511 | 16.01 | 35.565 | -16.83 | 3.5 | 37.1 | 3.2 | -77.9 | -46.4 | -26.6 | -53.7 | -47.3 | -41.3 | -58.9 | -33 |
| Cash At End Of Period
| 87.616 | 112.649 | 122.594 | 167.146 | 192.896 | 177.201 | 139.247 | 154.905 | 127.927 | 102.17 | 118.616 | 109.434 | 101.46 | 73.312 | 58.307 | 179.147 | 150.486 | 134.683 | 89.957 | 70.417 | 69.96 | 109.527 | 119.038 | 103.028 | 67.463 | 84.3 | 80.8 | 43.7 | 91.8 | 96.4 | 38 | 54 | 60.2 | 42.2 | 71.2 | 59.2 |