First Merchants Corp financial data

Symbol
FRME, FRMEP on Nasdaq
Industry
National Commercial Banks
Location
200 E Jackson St, Po Box 792, Muncie, Indiana
State of incorporation
Indiana
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 1, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 734 % -7.19%
Return On Equity 9.54 % -19.3%
Return On Assets 1.14 % -13.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 58.6 M shares -1.84%
Common Stock, Shares, Outstanding 58.6 M shares -1.17%
Entity Public Float 1.67 B USD -20.4%
Common Stock, Value, Issued 7.32 M USD -1.16%
Weighted Average Number of Shares Outstanding, Basic 59.1 M shares -0.25%
Weighted Average Number of Shares Outstanding, Diluted 59.3 M shares -0.28%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 239 M USD -13.3%
Income Tax Expense (Benefit) 31 M USD -17.8%
Net Income (Loss) Attributable to Parent 208 M USD -12.6%
Earnings Per Share, Basic 3.47 USD/shares -13%
Earnings Per Share, Diluted 3.46 USD/shares -12.8%

Balance Sheet

Label TTM Value / Value Unit Change %
Deferred Income Tax Assets, Net 101 M USD -1.89%
Property, Plant and Equipment, Net 133 M USD +14.5%
Operating Lease, Right-of-Use Asset 18.9 M USD -19.9%
Intangible Assets, Net (Excluding Goodwill) 25.1 M USD -25.3%
Goodwill 712 M USD 0%
Assets 18.3 B USD +0.76%
Liabilities 16.1 B USD +0.23%
Accumulated Other Comprehensive Income (Loss), Net of Tax -198 M USD +0.45%
Retained Earnings (Accumulated Deficit) 1.18 B USD +11.8%
Stockholders' Equity Attributable to Parent 2.22 B USD +4.82%
Liabilities and Equity 18.3 B USD +0.76%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 58.8 M USD -32.8%
Net Cash Provided by (Used in) Financing Activities -154 M USD -208%
Net Cash Provided by (Used in) Investing Activities 82.9 M USD
Common Stock, Shares Authorized 100 M shares 0%
Common Stock, Shares, Issued 58.6 M shares -1.17%
Common Stock, Par or Stated Value Per Share 0.13 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -12.1 M USD -476%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 101 M USD -20.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 108 M USD +87.6%
Deferred Tax Assets, Gross 115 M USD -14%
Operating Lease, Liability 22.3 M USD -11.8%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 209 M USD +69.5%
Lessee, Operating Lease, Liability, to be Paid 24.9 M USD -11.6%
Property, Plant and Equipment, Gross 360 M USD +4.54%
Lessee, Operating Lease, Liability, to be Paid, Year Two 5.14 M USD +1.68%
Lessee, Operating Lease, Liability, to be Paid, Year One 5.58 M USD -0.52%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure 0%
Deferred Income Tax Expense (Benefit) -2.26 M USD +33.4%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 2.55 M USD -9.84%
Lessee, Operating Lease, Liability, to be Paid, Year Three 3.65 M USD -21.9%
Preferred Stock, Shares Issued 125 shares 0%
Deferred Federal Income Tax Expense (Benefit) 4.61 M USD -46.4%
Preferred Stock, Shares Authorized 600 shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 2.84 M USD -13%
Operating Lease, Payments 5.74 M USD +7.75%
Additional Paid in Capital 1.21 B USD -1.87%
Preferred Stock, Shares Outstanding 125 shares 0%
Current State and Local Tax Expense (Benefit) -504 K USD -119%
Current Federal Tax Expense (Benefit) 29.4 M USD +34.5%
Amortization of Intangible Assets 8.5 M USD -6.62%
Share-based Payment Arrangement, Expense 5.36 M USD +12.9%
Deferred State and Local Income Tax Expense (Benefit) 1.99 M USD +331%
Interest Expense 395 M USD +183%
Preferred Stock, Par or Stated Value Per Share 1 K USD/shares 0%