First Net Income from 2010 to 2026

FRME Stock  USD 42.34  0.49  1.17%   
First Merchants' Net Income is increasing over the years with slightly volatile fluctuation. Overall, Net Income is expected to go to about 237.3 M this year. During the period from 2010 to 2026 First Merchants Net Income annual values regression line had geometric mean of  92,383,540 and mean square error of 364.6 T. View All Fundamentals
 
Net Income  
First Reported
1987-03-31
Previous Quarter
56.8 M
Current Value
57.1 M
Quarterly Volatility
18.7 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check First Merchants financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Merchants' main balance sheet or income statement drivers, such as Interest Expense of 408.2 M, Other Operating Expenses of 830.6 M or Operating Income of 272.1 M, as well as many indicators such as Price To Sales Ratio of 1.93, Dividend Yield of 0.0356 or PTB Ratio of 1.43. First financial statements analysis is a perfect complement when working with First Merchants Valuation or Volatility modules.
  
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Check out the analysis of First Merchants Correlation against competitors.
For information on how to trade First Stock refer to our How to Trade First Stock guide.
Analyzing First Merchants's Net Income over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Net Income has evolved provides context for assessing First Merchants's current valuation and future prospects.

Latest First Merchants' Net Income Growth Pattern

Below is the plot of the Net Income of First Merchants over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in First Merchants financial statement analysis. It represents the amount of money remaining after all of First Merchants operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is First Merchants' Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Merchants' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 201.4 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

First Net Income Regression Statistics

Arithmetic Mean129,987,062
Geometric Mean92,383,540
Coefficient Of Variation62.37
Mean Deviation72,755,940
Median148,600,000
Standard Deviation81,076,424
Sample Variance6573.4T
Range233.4M
R-Value0.97
Mean Square Error364.6T
R-Squared0.95
Slope15,632,472
Total Sum of Squares105174.2T

First Net Income History

2026237.3 M
2025226 M
2024201.4 M
2023223.8 M
2022222.1 M
2021205.5 M
2020148.6 M

Other Fundumenentals of First Merchants

First Merchants Net Income component correlations

About First Merchants Financial Statements

First Merchants stakeholders use historical fundamental indicators, such as First Merchants' Net Income, to determine how well the company is positioned to perform in the future. Although First Merchants investors may analyze each financial statement separately, they are all interrelated. For example, changes in First Merchants' assets and liabilities are reflected in the revenues and expenses on First Merchants' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in First Merchants. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income231.6 M243.2 M
Net Income Applicable To Common Shares253.8 M266.5 M
Net Income From Continuing Ops231.6 M139.1 M
Net Income Per Share 3.92  4.11 
Net Income Per E B T 0.87  0.61 

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When determining whether First Merchants is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if First Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about First Merchants Stock. Highlighted below are key reports to facilitate an investment decision about First Merchants Stock:
Check out the analysis of First Merchants Correlation against competitors.
For information on how to trade First Stock refer to our How to Trade First Stock guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Will Regional Banks sector continue expanding? Could First diversify its offerings? Factors like these will boost the valuation of First Merchants. Market participants price First higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every First Merchants data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
(0.10)
Dividend Share
1.43
Earnings Share
3.88
Revenue Per Share
11.166
Quarterly Revenue Growth
(0.05)
First Merchants's market price often diverges from its book value, the accounting figure shown on First's balance sheet. Smart investors calculate First Merchants' intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since First Merchants' trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between First Merchants' value and its price as these two are different measures arrived at by different means. Investors typically determine if First Merchants is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Merchants' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.