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Other financials

Income statement

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Revenue$196.1M+19.3%
Net income$44.0M-22.6%
EPS (diluted)$0.70-28.6%

Balance sheet

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Cash & equivalents$98.1M+13.9%
Total debt$1.6B+22.5%
Total equity$2.7B+14.9%
Total assets$21.3B+14.8%

Cash flow

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Operating cash flow$58.6M-5.0%

Valuation

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Market cap$2.69B+24.3%
P/E14.5×+4.9×
P/S3.9×+0.6×

Profitability

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Net margin26.9%-7.4pp

Returns & leverage

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Return on equity7.4%-2.5pp
Debt / equity0.6×0.0×

Where this comes from

Reported directly by First Merchants Corporation in its filing.

Tagged under the XBRL concept us-gaap:CommonStockSharesAuthorized.

The source filing: First Merchants Corporation’s 10-Q, filed May 1, 2026.

Filed
May 1, 2026, 4:20 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000712534-26-000035
Line itemMarch 31,2026December 31,2025
Authorized - 10,000 non-cumulative perpetual shares
Issued and outstanding - 10,000 non-cumulative perpetual shares25,00025,000
Common Stock, $0.125 stated value:
Authorized - 100,000,000 shares
Issued and outstanding - 62,508,055 and 56,951,939 shares7,8137,119
Additional paid-in capital1,369,8791,150,816
Retained earnings1,418,6091,413,742
Accumulated other comprehensive loss(148,861)(130,135)

ITEM 1. CONSOLIDATED CONDENSED FINANCIAL STATEMENTS

FAQ

What is First Merchants Corporation's common stock?
First Merchants Corporation (FRME) reported common stock of 100M in Q1 2026.
How has First Merchants Corporation's common stock changed year-over-year?
First Merchants Corporation's common stock decreased by 0.0% year-over-year, from 100M to 100M.
What is the long-term trend for First Merchants Corporation's common stock?
Over 5 years (2020 to 2025), First Merchants Corporation's common stock has grown at a 71.5% compound annual growth rate (CAGR), from 6.7M to 100M.
What does common stock mean?
The par value of all common shares issued and outstanding, typically a nominal amount ($0.01 or $0.001 per share).

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