FRME · XBRL financial data

First Merchants financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (FRME's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Interest expense	66	36	85	348	—	—
Income tax expense (benefit)	21	35	34	35	30	33
Net income (loss)	149	206	222	224	201	226
Earnings per share, basic USD per share	2.75	3.82	3.83	3.74	3.42	3.90
Earnings per share, diluted USD per share	2.74	3.81	3.81	3.73	3.41	3.88
Weighted average shares, basic millions of shares	54	54	58	59	58	57
Weighted average shares, diluted millions of shares	54	54	58	59	59	58

Fiscal years (FRME's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	193	167	123	113	88	84
Property and equipment, net	111	106	117	134	130	121
Right-of-use asset	18	18	24	19	21	17
Goodwill	544	545	712	712	712	712
Total assets	14,067	15,453	17,938	18,406	18,312	19,025
Total deposits	11,362	12,733	14,383	14,821	14,522	15,295
Total liabilities	12,192	13,541	15,904	16,158	16,007	16,558
Retained earnings	789	865	1,013	1,155	1,273	1,414
Total stockholders' equity	1,876	1,913	2,035	2,248	2,305	2,467
Total liabilities and equity	14,067	15,453	17,938	18,406	18,312	19,025
Common shares outstanding (cover page) millions of shares	54	54	60	59	59	63

Fiscal years (FRME's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	149	206	222	224	201	226
Stock-based compensation	5	5	5	5	6	7
Net cash from operating activities	205	207	268	259	266	284
Net cash from investing activities	(1,552)	(1,469)	(446)	(344)	(252)	(774)
Share repurchases	56	25	0	0	56	47
Dividends paid	57	61	73	80	82	83
Net cash from financing activities	1,363	1,236	134	76	(39)	487
Net change in cash	16	(26)	(45)	(10)	(25)	(3)

SIC 6021 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6021 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
First Merchants	87	not reported	78*	62.7M	Q3 FY26 10-QSep 30, 2026
Banner	558	not reported	77*	36.4M	Q3 FY26 10-QSep 30, 2026
Stock Yards Bancorp	89	not reported	58*	31.1M	Q2 FY26 10-QJun 30, 2026
Wafd	676	8.1	70*	74.0M	Q3 FY26 10-QJun 30, 2026
NBT Bancorp	295	not reported	62*	52.0M	Q2 FY26 10-QJun 30, 2026
First Financial Bancorp	206	not reported	31*	105.0M	Q2 FY26 10-QJun 30, 2026
Simmons First National	589	not reported	145*	144.5M	Q2 FY26 10-QJun 30, 2026
Seacoast Banking Corp of Florida	430	not reported	62*	96.8M	Q2 FY26 10-QJun 30, 2026
Enterprise Financial Services	213	not reported	73*	35.7M	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.