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First Merchants Corporation FRME
Financial Services - Banks - Regional - NASDAQ - US
Watchlist
$ 43.48
0.069 %
$ 2.55 B
Market Cap
14.49
P/E
INCOME STATEMENT
654 M REVENUE
4.17%
Growth Rates
1Year 4.17%
3Years 9.97%
5Years 9.52%
7Years 12.23%
10Years 12.09%
314 M OPERATING INCOME
-7.64%
Growth Rates
1Year -7.64%
3Years 22.76%
5Years 4.10%
7Years 12.40%
10Years 14.84%
224 M NET INCOME
0.76%
Growth Rates
1Year 0.76%
3Years 14.62%
5Years 7.06%
7Years 15.61%
10Years 17.52%
EFFICIENCY
Earnings Waterfall First Merchants Corporation
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Revenue 654 M
Cost Of Revenue 0
Gross Profit 654 M
Operating Expenses 651 M
Operating Income 314 M
Other Expenses 90.7 M
Net Income 224 M

Income Statement

Millions
Dec-2023 Dec-2022 Dec-2021 Dec-2020 Dec-2019 Dec-2018 Dec-2017 Dec-2016 Dec-2015 Dec-2014 Dec-2013 Dec-2012 Dec-2011 Dec-2010 Dec-2009 Dec-2008 Dec-2007 Dec-2006 Dec-2005 Dec-2004 Dec-2003 Dec-2002 Dec-2001 Dec-2000 Dec-1999 Dec-1998 Dec-1997 Dec-1996 Dec-1995 Dec-1994 Dec-1993 Dec-1992 Dec-1991 Dec-1990 Dec-1989 Dec-1988 Dec-1987
REVENUE
Revenue 654.3 628.1 520.0 492.1 443.3 415.3 348.3 291.7 260.7 252.7 209.1 216.6 192.9 193.7 211.3 165.8 153.7 144.7 145.8 139.9 139.0 120.0 82.9 72.6 68.2 53.4 49.0 45.4 34.8 33.3 32.1 30.8 27.2 23.8 22.8 0 0
GROSS PROFIT
Cost Of Revenue 0 0 0 0 0 0 0 0 1.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Gross Profit 654.3 628.1 520.0 492.1 443.3 415.3 348.3 291.7 259.4 252.7 209.1 216.6 192.9 193.7 211.3 165.8 153.7 144.7 145.8 139.9 139.0 120.0 82.9 72.6 68.2 53.4 49.0 45.4 34.8 33.3 32.1 30.8 27.2 23.8 22.8 0 0
OPERATING INCOME
Operating Expenses 651.0 (287.7) (279.2) (322.1) (249.6) (158.1) (174.8) (152.9) (140.2) (145.7) (130.3) (129.5) 89.6 91.2 92.8 (46.9) 6.9 (3.8) (36.2) (45.8) (48.4) (24.4) 7.3 17.8 7.9 8.2 8.7 7.1 2.6 (3.1) (2.5) 1.7 9.4 13.4 12.6 4.4 3.9
Selling, General and Administrative Expenses 333.0 224.8 179.0 168.3 151.4 139.3 126.1 108.6 109.1 103.7 90.5 85.1 89.2 89.7 86.1 65.3 61.0 58.1 56.1 54.2 52.3 40.6 25.8 22.4 20.7 16.4 15.2 13.4 11.2 10.6 9.6 8.8 7.7 6.7 6.5 0 0
Research and Development Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Income 314.5 340.5 240.8 170.0 193.8 257.2 173.5 138.8 119.3 107.0 78.8 87.1 71.8 59.3 7.9 118.8 160.6 140.9 109.6 94.2 90.7 95.6 90.2 90.5 76.1 61.6 57.7 52.5 37.4 30.2 29.6 32.5 36.6 37.2 35.4 4.4 3.9
PRE-TAX INCOME
Interest Income Expense 348.5 84.8 36.0 66.4 108.7 69.1 37.6 26.8 24.8 21.8 16.6 23.6 37.9 56.0 77.1 90.1 117.6 98.5 66.1 51.6 52.4 53.8 56.1 60.5 46.9 38.1 35.7 32.4 22.1 16.1 16.5 20.7 26.6 28.2 27.5 0 0
Total Other Income (55.2) 0 (32.3) 0 0 (28.1) (25.7) (25.3) (18.1) (23.8) (23.5) (3.9) (0.4) (1.5) (69.2) (1.5) (1.8) (103.9) (1.6) 0 (52.4) (53.8) (56.1) (60.5) (46.9) (38.1) (35.7) (32.4) (22.1) (16.1) (16.7) (20.7) (26.6) (28.2) (27.5) 0 0
Pre-Tax Income 259.2 255.7 240.8 170.0 193.8 188.1 133.6 108.7 91.0 81.6 59.2 61.0 33.9 3.3 (69.2) 28.7 43.0 42.4 43.5 42.6 38.3 41.8 34.1 29.9 29.2 23.5 22.0 20.1 15.3 14.1 12.9 11.8 10.0 9.0 7.9 0 0
NET INCOME
Tax Provision 35.4 33.6 35.3 21.4 29.3 29.0 37.5 27.6 25.7 21.4 14.7 15.9 8.7 (3.0) (28.4) 8.1 11.3 12.2 13.3 13.2 10.7 14.0 11.9 10.0 10.1 8.1 7.6 7.0 5.4 4.9 4.4 4.0 3.2 3.0 2.2 (4.4) (3.9)
Net Income 223.8 222.1 205.5 148.6 164.5 159.1 96.1 81.1 65.4 60.2 44.5 45.1 25.3 6.3 (40.8) 20.6 31.6 30.2 30.2 29.4 27.6 27.8 22.2 19.9 19.1 15.4 14.4 13.1 9.9 9.2 8.7 7.8 6.8 6.0 5.7 4.4 3.9
EPS 3.74 3.83 3.82 2.75 3.2 3.23 2.13 1.99 1.73 1.66 1.42 1.42 0.34 0.48 1.93 1.14 1.73 1.64 1.64 1.59 1.51 1.7 1.62 1.52 1.37 1.3 1.21 1.15 1.12 1.04 0.99 0.88 0.8 0.72 0.68 0.61 0.54