First Merchants Corp (FRMEP) stock
FRMEPNasdaqNational Commercial BanksFiscal year ends December 31Also trades as FRME
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 30, 2026Score 11/303% below fair value
$25.17+0.00 (0.00%)
Close on Oct 30, 2026Market cap $1.58BP/E 7.8Yield 5.68%
First Merchants revenue
Revenue is the money a company takes in from selling its products and services, before any costs are deducted.
First Merchants's revenue for the twelve months ending Sep 30, 2026 was $724.47M, up 8.5% year over year. For fiscal 2025 it was $662.95M, up 2.5% from the year before. Over ten years it grew 9.6% a year on average. The highest annual figure on record is $662.95M in fiscal 2025.
Annual revenue
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $662.95M | +2.5% |
| FY2024 | Dec 31, 2024 | $646.69M | -0.7% |
| FY2023 | Dec 31, 2023 | $651.00M | +3.6% |
| FY2022 | Dec 31, 2022 | $628.14M | +20.8% |
| FY2021 | Dec 31, 2021 | $520.00M | +5.7% |
| FY2020 | Dec 31, 2020 | $492.05M | +11.0% |
| FY2019 | Dec 31, 2019 | $443.35M | +6.7% |
| FY2018 | Dec 31, 2018 | $415.32M | +19.2% |
| FY2017 | Dec 31, 2017 | $348.29M | +19.4% |
| FY2016 | Dec 31, 2016 | $291.68M | +9.5% |
| FY2015 | Dec 31, 2015 | $266.27M | +7.0% |
| FY2014 | Dec 31, 2014 | $248.85M | +18.3% |
| FY2013 | Dec 31, 2013 | $210.28M | -2.9% |
| FY2012 | Dec 31, 2012 | $216.64M | +12.6% |
| FY2011 | Dec 31, 2011 | $192.48M | +0.2% |
| FY2010 | Dec 31, 2010 | $192.11M | -6.1% |
| FY2009 | Dec 31, 2009 | $204.55M | – |
Quarterly revenue
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $199.07M | +19.8% |
| Q2 FY2026 | Jun 30, 2026 | $196.10M | +19.3% |
| Q1 FY2026 | Mar 31, 2026 | $157.13M | -2.0% |
| Q4 FY2025 | Dec 31, 2025 | $172.17M | -2.8% |
| Q3 FY2025 | Sep 30, 2025 | $166.14M | +6.5% |
| Q2 FY2025 | Jun 30, 2025 | $164.32M | +2.8% |
| Q1 FY2025 | Mar 31, 2025 | $160.32M | +4.3% |
| Q4 FY2024 | Dec 31, 2024 | $177.11M | +13.2% |
| Q3 FY2024 | Sep 30, 2024 | $155.98M | -3.3% |
| Q2 FY2024 | Jun 30, 2024 | $159.91M | -2.6% |
| Q1 FY2024 | Mar 31, 2024 | $153.70M | -9.1% |
| Q4 FY2023 | Dec 31, 2023 | $156.51M | -9.6% |
| Q3 FY2023 | Sep 30, 2023 | $161.23M | -5.1% |
| Q2 FY2023 | Jun 30, 2023 | $164.15M | +4.6% |
| Q1 FY2023 | Mar 31, 2023 | $169.12M | +31.9% |
| Q4 FY2022 | Dec 31, 2022 | $173.11M | +36.2% |
| Q3 FY2022 | Sep 30, 2022 | $169.92M | +27.6% |
| Q2 FY2022 | Jun 30, 2022 | $156.94M | +16.1% |
| Q1 FY2022 | Mar 31, 2022 | $128.18M | +2.9% |
| Q4 FY2021 | Dec 31, 2021 | $127.12M | -2.1% |
| Q3 FY2021 | Sep 30, 2021 | $133.22M | +11.9% |
| Q2 FY2021 | Jun 30, 2021 | $135.15M | +13.1% |
| Q1 FY2021 | Mar 31, 2021 | $124.52M | +0.7% |
| Q4 FY2020 | Dec 31, 2020 | $129.79M | +6.5% |
| Q3 FY2020 | Sep 30, 2020 | $119.08M | +7.2% |
| Q2 FY2020 | Jun 30, 2020 | $119.50M | +11.8% |
| Q1 FY2020 | Mar 31, 2020 | $123.68M | +19.4% |
| Q4 FY2019 | Dec 31, 2019 | $121.83M | +13.8% |
| Q3 FY2019 | Sep 30, 2019 | $111.05M | +4.7% |
| Q2 FY2019 | Jun 30, 2019 | $106.89M | +4.0% |
| Q1 FY2019 | Mar 31, 2019 | $103.58M | +4.1% |
| Q4 FY2018 | Dec 31, 2018 | $107.06M | +9.4% |
| Q3 FY2018 | Sep 30, 2018 | $106.01M | +13.9% |
| Q2 FY2018 | Jun 30, 2018 | $102.76M | +26.0% |
| Q1 FY2018 | Mar 31, 2018 | $99.48M | +31.2% |
| Q4 FY2017 | Dec 31, 2017 | $97.83M | +31.3% |
| Q3 FY2017 | Sep 30, 2017 | $93.09M | – |
| Q2 FY2017 | Jun 30, 2017 | $81.53M | – |
| Q1 FY2017 | Mar 31, 2017 | $75.85M | – |
| Q4 FY2016 | Dec 31, 2016 | $74.49M | – |