Where do First Merchants Corporation's ratios come from?

Every ratio is computed from First Merchants Corporation's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Net margin	30.1%-4.0pp	34.1%-0.8pp	34.9%+0.6pp	34.3%+2.4pp	32%+0.8pp
Returns
Return on equity	7.9%-1.5pp	9.5%-0.4pp	9.9%0.0pp	9.9%+0.7pp	9.2%+0.3pp
Efficiency
Asset turnover	0×0.0×	0×0.0×	0×0.0×	0×0.0×	0×0.0×
Leverage
Debt-to-equity	0.6×+0.2×	0.4×-0.1×	0.5×0.0×	0.5×-0.1×	0.6×+0.1×
Per Share
Book value per share	$43.81+2.5%	$42.73+1.8%	$41.99+3.3%	$40.64+1.5%	$40.04+1.7%
Valuation
Market capitalization	$2.46B+13.3%	$2.17B-0.6%	$2.18B+0.4%	$2.17B-8.2%	$2.37B+1.1%
Price / earnings	12.3×+2.8×	9.6×+0.2×	9.3×-0.3×	9.6×-1.7×	11.3×-0.3×
Price / sales	3.7×+0.5×	3.3×0.0×	3.3×0.0×	3.3×-0.3×	3.6×0.0×
Price / book	0.9×0.0×	0.9×0.0×	0.9×0.0×	0.9×-0.1×	1×0.0×
Dividend yield	3.5%-0.4pp	3.8%0.0pp	3.8%0.0pp	3.8%+0.3pp	3.5%0.0pp

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Ask your AI about First Merchants Corporation.

Connect your AI assistant and get a quick read on the numbers, right in your chat.

Connect your AI

Claude

Questions, answered.

Where do First Merchants Corporation's ratios come from?: Every ratio is computed from First Merchants Corporation's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.