First Merchants

First Merchants Revenue

The The revenue of First Merchants (FRME) as of Oct 22, 2026 is 1.05 B USD. In the previous year, The revenue was 1.05 B USD — a change of -0.32% (lower).

Revenue

1.05 BUSD

YoY

-0.32%

Last updated:

In 2025, First Merchants's sales reached 1.05 B USD, a -0.32% difference from the 1.05 B USD sales recorded in the previous year.

Over the last 19 years First Merchants grew revenue by 8.3% annually, reaching 661.42 M USD.

The First Merchants Revenue history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
Date
Revenue
Jan 1, 2021
555.96 M USD
Jan 1, 2022
712.95 M USD
Jan 1, 2023
999.49 M USD
Jan 1, 2024
1.05 B USD
Jan 1, 2025
1.05 B USD
Jan 1, 2026 (e)
805.02 M USD
Jan 1, 2027 (e)
845.60 M USD
Jan 1, 2028 (e)
886.80 M USD
The First Merchants Revenue history
YEARRevenueYoY
est886.80 MUSD+4.87%
est845.60 MUSD+5.04%
est805.02 MUSD-23.35%
1.05 BUSD-0.32%
1.05 BUSD+5.41%
999.49 MUSD+40.19%
712.95 MUSD+28.24%
555.96 MUSD-0.44%
558.43 MUSD+1.15%
552.09 MUSD+13.97%
484.40 MUSD+25.52%
385.91 MUSD+21.16%
318.52 MUSD+13.13%
281.55 MUSD+4.01%
270.70 MUSD+29.46%
209.10 MUSD-3.46%
216.60 MUSD+12.52%
192.50 MUSD+0.21%
192.10 MUSD-6.06%
204.50 MUSD+23.34%
165.80 MUSD+7.87%
153.70 MUSD+6.22%
144.70 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.

Revenue Details

Understanding First Merchants's Sales Figures

The sales figures of First Merchants originate from the total revenue accrued from goods sold or services provided during a specific time period. These numbers are a direct reflection of the company’s ability to translate its products or services into revenue, indicating the demand and market presence.

Year-to-Year Comparison

Analyzing First Merchants’s yearly sales data offers insights into the company’s growth and stability. An increase in sales suggests a growing demand for its offerings, efficient marketing, or expansion into new markets. Conversely, a decline might indicate market saturation, increased competition, or less effective strategies.

Impact on Investments

Investors often scrutinize First Merchants's sales data to evaluate its financial health and growth prospects. Consistent sales growth can be a promising indicator of the company’s profitability and potential return on investment, influencing stock prices and investor confidence.

Interpreting Sales Fluctuations

Increases in First Merchants’s sales indicate market growth, innovation, or effective marketing, often leading to a surge in stock prices. A decline, however, can signal challenges requiring strategic adjustments to enhance market share and profitability.

Frequently Asked Questions about First Merchants stock

The revenue of First Merchants is 1.05 B USD in 2025.

The revenue of First Merchants changed from 1.05 B USD to 1.05 B USD, representing a -0.32% change. The value is lower than the previous year.

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

Revenue is the total value of all goods sold in a period. It is calculated by multiplying the quantity of each product sold by its selling price. Revenue does not include any costs (material costs, personnel costs, etc.), whereas net proceeds only deduct revenue reductions associated with the sale (discounts, etc.).

The revenue'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 The revenue's First Merchants historically and in real time.

The revenue in assessing a stock

Revenue is an important financial measure used in the valuation of stocks. It is a measure of a company's economic activity and can serve as an indicator of the company's success. Revenue is considered one of the most important factors in stock valuation. In addition, revenue can also be used to calculate other financial measures such as earnings per share and price-earnings ratio.

History and utilization of revenue

Revenue has long been considered one of the most important financial indicators. It was used in the 19th century as one of the first financial indicators to measure a company's economic activity. Since then, revenue has been regularly used to evaluate companies.

Revenue is usually calculated as a percentage of the company's equity. It can also be used to determine the overall profitability of a company. There are many different types of revenue that can be used to measure a company's economic activity, such as gross revenue, net revenue, and revenue from international business.

The revenue can also be used to evaluate stocks. For example, the revenue of a company can be used to evaluate the success of the company. If a company has high revenue, it means that it is a profitable company because it has high demand for its products or services.

Calculation and Application of Revenue

In order to calculate a company's revenue, the company's income must be deducted from its expenses. The income can come from various sources, such as sales, licensing fees, services, etc. The expenses can include costs for production, procurement, inventory, sales, and administration.

The revenue can then be used to calculate various financial ratios. For example, the revenue can be used to calculate the price-earnings ratio (P/E ratio) of a company. This is a measure of a company's profitability, calculated by taking the ratio of the stock price to earnings per share.

Revenue can also be used to calculate earnings per share (EPS) of a company. This is a measure of a company's profit per share. EPS is calculated by dividing earnings by the number of shares issued.

Use of revenue by investors

Investors use revenue to evaluate stocks, as revenue is an indicator of a company's success. For example, an investor can compare a company's revenue to see how successful it is. An investor can also use a company's revenue to calculate its price-to-earnings ratio and earnings per share.

An example: An investor looks at a company that has a revenue of 25 million euros. He compares this revenue to that of the competitor, which has a revenue of 35 million euros. The investor can then see that the company with 25 million euros in revenue is less successful than the company with 35 million euros in revenue.

Advantages and Disadvantages of Revenue.

Revenue is a very useful tool for valuing stocks as it measures a company's economic activity. Revenue can also be used to calculate other financial ratios such as the price-earnings ratio and earnings per share.

However, one disadvantage is that revenue alone is not a meaningful indicator of a company's success. It is important to consider revenue in comparison to other financial metrics such as earnings per share and price-to-earnings ratio to get a complete picture of the company.

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Income Statement — First Merchants

All Key Metrics — First Merchants