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Lakeland Financial logo
Lakeland FinancialLKFN
$58K+164%
Huntington Bancshares logo
Huntington BancsharesHBAN

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:FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYearWriteoff.

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 itemTerm Loans (amortized cost basis by origination year) / 2026Term Loans (amortized cost basis by origination year) / 2025Term Loans (amortized cost basis by origination year) / 2024Term Loans (amortized cost basis by origination year) / 2023Term Loans (amortized cost basis by origination year) / 2022Term Loans (amortized cost basis by origination year) / PriorRevolving loans amortized cost basisRevolving loans converted to termTotal
Current period gross charge-offs98136695646405
Public finance and other commercial loans
Pass36,231107,179144,37355,795204,438590,899240,8201,379,735
Special Mention422422
Substandard275275
Total Public finance and other commercial loans36,231107,179144,37355,795204,438591,596240,8201,380,432
Loans$540,135$3,186,429$1,930,317$1,355,445$1,719,599$3,360,719$3,163,813$5,432$15,261,889
Total current period gross charge-offs$3,371$378$399$1,970$5,061$11,179

ITEM 1. CONSOLIDATED CONDENSED FINANCIAL STATEMENTS

FAQ

What is First Merchants Corporation's prior?
First Merchants Corporation (FRME) reported prior of $5.06M in Q1 2026.
How has First Merchants Corporation's prior changed year-over-year?
First Merchants Corporation's prior increased by 731.7% year-over-year, from $608.5K to $5.06M.

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