First Merchants (FRME) Annual Income Statement

Annual · GAAP · USD millions
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This page allows investors to track First Merchants's income statement performance across multiple reporting periods.
Annual Report, GAAP in USD millions
ITEM
(Dec 31 2025)
2025
(Dec 31 2024) (Dec 31 2023) (Dec 31 2022) (Dec 31 2021)
Revenues
Interest and Dividend Income, Securities, Operating49.95
Interest Income, Deposits with Financial Institutions8.13
Other Income866.71
Total Interest Income924.79
Interest Expense, Deposits344.28
Interest Expense, Short-term Borrowing2.46
Interest Expense, Long-term Debt and Capital Securities4.05
Interest Expense, Debt0.00
Total Interest Expense388.78
Net Interest Income536.01
Provision for loan losses21.25
Total Net Interest Income514.76
Revenue From Contract With Customer Excluding Assessed Tax34.26
Other Non-interest Income3.58
Gain (Loss) on Disposition of Assets and Other Investments0.00
Loss / Gain on Investment21.28
Other Non-Interest Income66.29
Total Non-interest Income126.93
Total Revenues641.70
Costs & Expenses
Salaries & employee benefits, SGA7.79
Depreciation & Amortization6.03
Foreclosed Real Estate Expense0.00
Communications, Occupancy and Information Technology28.40
Professional and Contract Services Expense14.49
Federal Deposit Insurance Corporation Premium Expense13.41
Other Non-interest Expense28.37
Other loss /-income240.67
Total Operating Expenses382.58
Total Costs & Expenses733.38
Income & Taxes
Income /-loss before income taxes259.11
Income taxes expenses/-benefit33.11
Income after income taxes226.00
Net income/-loss of other equity0.00
Income /-loss after income taxes226.00
Net Income/-loss226.00
Preferred dividends1.88
Income/-loss to shareholder224.13
Earnings Per Share
Basic EPS (excl. extra items)3.90
Basic Net EPS3.90
Basic shares outstanding (Mill. of Units)57.46
Diluted Net EPS3.88
Diluted average shares (Mill. of Units)57.73
Dividend per share1.43
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About First Merchants Corp Annual Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-K filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

  • Source: SEC 10-K filings
  • Filed with the SEC: February 25, 2026
  • Original filing: frme-20251231.htm

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.