First Merchants

First Merchants Gross Profit

The Gross Profit of First Merchants (FRME) as of Oct 22, 2026 is 640.17 M USD. In the previous year, Gross Profit was 591.01 M USD — a change of 8.32% (higher).

Gross Profit

640.17 MUSD

YoY

8.32%

Last updated:

Gross Profit of First Merchants is 2025 640.17 M USD. Gross Profit of First Merchants was 2024 591.01 M USD. It decreases by 8.32% higher compared to the previous year.

The First Merchants Gross Profit history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Gross Profit
Date
Gross Profit
Jan 1, 2018
408.09 M USD
Jan 1, 2019
440.55 M USD
Jan 1, 2020
433.38 M USD
Jan 1, 2021
520.00 M USD
Jan 1, 2022
611.39 M USD
Jan 1, 2023
647.50 M USD
Jan 1, 2024
591.01 M USD
Jan 1, 2025
640.17 M USD
The First Merchants Gross Profit history
YEARGross ProfitYoY
640.17 MUSD+8.32%
591.01 MUSD-8.72%
647.50 MUSD+5.91%
611.39 MUSD+17.57%
520.00 MUSD+19.99%
433.38 MUSD-1.63%
440.55 MUSD+7.95%
408.09 MUSD+20.33%
339.15 MUSD+18.58%
286.02 MUSD+11.58%
256.34 MUSD+4.08%
246.29 MUSD+20.95%
203.63 MUSD+2.79%
198.10 MUSD+16.64%
169.85 MUSD+16.63%
145.63 MUSD+63.45%
89.10 MUSD-36.45%
140.20 MUSD-3.42%
145.16 MUSD+4.85%
138.45 MUSD—

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First Merchants Revenue

First Merchants Revenue, Pre-Provision Profit, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
Pre-Provision Profit
Net Income
Details
Date
Revenue
Pre-Provision Profit
Net Income
Jan 1, 2021
520.00 M USD
240.80 M USD
205.53 M USD
Jan 1, 2022
628.14 M USD
272.44 M USD
222.09 M USD
Jan 1, 2023
715.90 M USD
327.63 M USD
223.79 M USD
Jan 1, 2024
626.71 M USD
247.45 M USD
201.40 M USD
Jan 1, 2025
661.42 M USD
278.84 M USD
226.00 M USD
Jan 1, 2026 (e)
805.02 M USD
0.00 USD
204.67 M USD
Jan 1, 2027 (e)
845.60 M USD
0.00 USD
283.35 M USD
Jan 1, 2028 (e)
886.80 M USD
0.00 USD
309.91 M USD

First Merchants Margins

First Merchants stock margins

The First Merchants margin analysis displays the gross margin, EBIT margin, as well as the profit margin of First Merchants. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for First Merchants.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Cost-Income Ratio
Profit margin
Details
Date
Cost-Income Ratio
Profit margin
Jan 1, 2021
53.69 %
39.52 %
Jan 1, 2022
56.63 %
35.36 %
Jan 1, 2023
54.24 %
31.26 %
Jan 1, 2024
60.52 %
32.14 %
Jan 1, 2025
57.84 %
34.17 %
Jan 1, 2026 (e)
0.00 %
25.42 %
Jan 1, 2027 (e)
0.00 %
33.51 %
Jan 1, 2028 (e)
0.00 %
34.95 %

First Merchants Stock analysis

What does First Merchants do? First Merchants Corp is one of the largest independent banks in Indiana, USA. The bank was founded in 1982 and has since become a leading financial institution with a strong presence in the region. The company is listed on the NASDAQ stock exchange under the symbol FRME. First Merchants Corp's business model is based on providing top-notch financial services to customers in Indiana and other parts of the country. The bank offers a wide range of products and services for individuals, businesses, and institutions. These include savings accounts, credit cards, loans, leasing, online and mobile banking, and wealth management. First Merchants Corp also operates a number of subsidiaries and business segments that offer specialized products and services. This includes the First Merchants Insurance Group, which provides insurance for private and business customers. The First Merchants Wealth Management Group offers investment and wealth management services to clients. The bank also operates a subsidiary called First Merchants Investment Services, which provides securities services to individual customers and business. In addition, First Merchants Trust Company operates an asset management service that focuses on testamentary assets and trust accounts. First Merchants Corp's product range includes a wide range of financial services for a variety of customers. For retail customers, the company offers checking and savings accounts, credit cards, mortgage loans, auto loans, and personal loans. For business customers, loans are available to support equipment, real estate, and working capital, as well as cash management and credit card services. As part of its efforts to provide its customers with the best financial products and services, First Merchants Corp has significantly improved its online and mobile banking. Customers can conduct banking transactions from anywhere by simply downloading an app or visiting the website. In recent years, the bank has expanded its presence in Indiana through a series of acquisitions. The acquisition of Old National Bancorp in 2021 has made First Merchants Corp the largest bank in the region. The company has also acquired a number of smaller banks to further strengthen its position in the market. Overall, First Merchants Corp has a long history as a reliable and trustworthy financial services provider in Indiana. With its wide range of products, strong business model, and dedicated customer service, the company is well positioned to grow and continue to be successful in the future. First Merchants is one of the most popular companies on Eulerpool.

Frequently Asked Questions about First Merchants stock

Gross Profit of First Merchants is 640.17 M USD in 2025.

Gross Profit of First Merchants changed from 591.01 M USD to 640.17 M USD, representing a 8.32% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Gross Profit First Merchants since 2006 – with annual values, charts, and detailed analysis.

Gross Profit is the revenue remaining after deducting the cost of goods sold. It shows how efficiently a company uses its resources to produce goods or services.

Gross Profit's USD is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Gross Profit's First Merchants historically and in real time.

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Income Statement — First Merchants

All Key Metrics — First Merchants