State Ledger
Company profile

FIRST MERCHANTS CORP CIK 712534

Tickers
FRME (Nasdaq) · FRMEP (Nasdaq)
Industry
National Commercial Banks
Headquarters
Muncie, IN 47308-0792
Fiscal year end
2025 (FY)
Market Data
Close
$38.98
Change
-$0.63
Change %
-1.58%
Volume
14,978

FRME · trading date Oct 9, 2026 · previous close $39.60 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
—
Net income
$226.00M
Total assets
$19.03B
Total liabilities
$16.56B
Stockholders' equity
$2.47B
Cash & equivalents
$84.16M
Operating income
—
Operating cash flow
$283.65M
Capital expenditures
—

Fiscal year 2025, via 10-K filed 2026-02-25. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
—
Net margin
—
Free cash flow
—
Free cash flow margin
—
Liabilities / assets
87.0%
Equity / assets
13.0%
CapEx / revenue
—
Operating cash flow / net income
1.26×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 — $226.00M $19.03B $16.56B $2.47B
2024 — $201.40M $18.31B $16.01B $2.30B
2023 — $223.79M $18.41B $16.16B $2.25B
2022 — $222.09M $18.00B $15.97B $2.03B
2021 — $205.53M $15.45B $13.54B $1.91B
Company Details
SIC code
6021
State of incorporation
IN
Active filer
Yes
Most recent SEC filing
Form S-3ASR
2026-09-17
Financials filed via
Form 10-K
filed 2026-02-25

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Muncie, IN 47308-0792
200 E JACKSON ST
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:30 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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