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First Merchants Corporation FRME Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount

Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount at other companies

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Other financials

Income statement

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Revenue$157.1M-2.0%
Net income$28.2M-49.1%
EPS (diluted)$0.45-52.1%

Balance sheet

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Cash & equivalents$98.1M+13.9%
Total debt$1.6B+22.5%
Total equity$2.7B+14.6%
Total assets$21.1B+14.3%

Cash flow

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Operating cash flow$58.6M-5.0%

Valuation

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Market cap$2.64B+3.7%
Enterprise value$4.19B+10.4%
P/E13.3×+1.1×
P/S+0.1×

Profitability

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Net margin30.1%-1.8pp

Returns & leverage

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Return on equity7.9%-1.2pp
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:IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate.

The official record: First Merchants Corporation’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is First Merchants Corporation's effective income tax rate reconciliation at federal statutory income tax rate, amount?
First Merchants Corporation (FRME) reported effective income tax rate reconciliation at federal statutory income tax rate, amount of $5.69M in Q1 2026.
How has First Merchants Corporation's effective income tax rate reconciliation at federal statutory income tax rate, amount changed year-over-year?
First Merchants Corporation's effective income tax rate reconciliation at federal statutory income tax rate, amount decreased by 57.2% year-over-year, from $13.28M to $5.69M.