First Merchants Cash Flow Statement
NASDAQ: FRMEFinanceMajor BanksUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
First Merchants free cash flow
In fiscal 2025, First Merchants generated $283.6 million of operating cash flow. That left free cash flow of $283.6 million, a free-cash-flow margin of 42.8% of revenue. Free cash flow was up 6.5% from the prior year's $266.2 million.
First Merchants returned $129.8 million to shareholders: $82.9 million in dividends and $46.9 million in share repurchases, equal to 46% of free cash flow. Free cash flow covered dividend payments 3.4 times.
Summary generated from market data by MetaCap's automated system. Methodology
First Merchants cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 226.00M | 201.40M | 223.79M | 222.09M | 205.53M | 148.60M | 164.46M | 159.14M | 96.07M | 81.05M |
| Net Income growth (YoY) | +12.21% | -10.00% | +0.76% | +8.06% | +38.31% | -9.64% | +3.34% | +65.65% | +18.53% | +23.96% |
| Depreciation & Amortization | 29.42M | 26.85M | 11.71M | 11.81M | 10.70M | 11.01M | 9.38M | 8.84M | 7.97M | 7.16M |
| Stock-Based Compensation | 7.33M | 5.82M | 5.16M | 4.65M | 4.76M | 4.60M | 4.12M | 3.59M | 2.83M | 2.60M |
| Operating Cash Flow | 283.65M | 266.21M | 258.83M | 284.29M | 215.34M | 203.83M | 176.73M | 180.24M | 126.50M | 103.72M |
| Investing Cash Flow | -773.82M | -252.42M | -344.43M | -462.69M | -1.48B | -1.55B | -1.01B | -575.58M | -635.33M | -448.70M |
| Dividends Paid | -82.91M | -81.62M | -80.06M | -72.75M | -61.23M | -56.54M | -51.28M | -41.66M | -31.82M | -22.20M |
| Share Repurchases | -46.89M | -56.17M | 0 | 0 | -25.44M | -55.91M | -19.04M | 0 | 0 | -1.98M |
| Debt Issued | 854.15M | 639.12M | 834.03M | 1.82B | 45.54M | 573.76M | 599.30M | 1.52B | 1.09B | 1.11B |
| Debt Repaid | -1.01B | -509.71M | -1.12B | -1.33B | -96.20M | -621.55M | -643.17M | -1.68B | -1.02B | -982.45M |
| Financing Cash Flow | 486.72M | -38.82M | 75.65M | 133.84M | 1.24B | 1.36B | 867.63M | 379.68M | 535.81M | 370.74M |
| Net Change in Cash | -3.46M | -25.03M | -9.95M | -44.55M | -25.75M | 15.70M | 37.95M | -15.66M | 26.98M | 25.76M |
| Free Cash Flow | 283.65M | 266.21M | 258.83M | 284.29M | 215.34M | 203.83M | 176.73M | 180.24M | 126.50M | 103.72M |
This table shows 10 annual periods of First Merchants's cash flow statement, from FY 2025 back to FY 2016, across 12 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow FRME's reporting calendar. What is a cash flow statement?