First Merchants Corp (FRME) Financials
Key financial figures for First Merchants Corp (Q3 2026).
First Merchants Q3 2026 diluted EPS of $1.09 (adjusted $1.10) versus $0.98 a year earlier, on a 3.44% FTE margin, offset by $29.4 million of net charge-offs. Net income available to common stockholders was $67.8 million, or $1.09 per diluted share, versus $43.5 million ($0.70) in Q2 2026 and $56.3 million ($0.98) in Q3 2025. Adjusted diluted EPS was $1.10 versus $0.99 a year earlier, excluding $0.9 million of acquisition-related costs. Net interest income was $161.1 million, up 1.3% from Q2 2026 and 20.5% from Q3 2025 (First Savings was acquired effective February 1, 2026). FTE net interest margin was 3.44%, up 6 basis points on the quarter and 20 basis points on the year. Figures are for Q3 2026, as First Merchants Corporation reported them.
- Revenue
- $302M
- Net Income
- $68M
- EPS
- $1.09
- Total Assets
- $21.1B
- Operating Cash Flow
- $78M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $302M | $68M | $1.09 | $78M | |
| Q2 FY2026 | $298M | $44M | $0.70 | $88M | |
| Q1 FY2026 | $253M | $28M | $0.45 | $59M | |
| Q4 FY2025 | $270M | $57M | $0.99 | $81M | |
| Q3 FY2025 | $268M | $57M | $0.98 | $88M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $1.1B | $226M | $3.88 | $284M | |
| FY2024 | $1.1B | $201M | $3.41 | $266M | |
| FY2023 | $999M | $224M | $3.73 | $259M |
Frequently asked questions
What was First Merchants Corporation's revenue last quarter?
First Merchants Corporation reported revenue of $302.0 million for Q3 FY2026, up 12.8% from the same period a year earlier.
Is First Merchants Corporation profitable?
Yes. First Merchants Corporation reported net income of $68.3 million for Q3 FY2026, a net margin of 22.62% on revenue.
How much free cash flow did First Merchants Corporation generate?
First Merchants Corporation generated free cash flow of $78.4 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for First Merchants Corp on SentiSense, with up to forty quarters and twenty fiscal years of history.