First Merchants Quarterly Cash Flow Statement
NASDAQ: FRMEFinanceMajor BanksUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
First Merchants free cash flow
In the quarter ended Mar 31, 2026, First Merchants generated $58.6 million of operating cash flow. That left free cash flow of $58.6 million, a free-cash-flow margin of 37.3% of revenue. Free cash flow was down 5.0% from the prior year's $61.7 million.
First Merchants returned $47.7 million to shareholders: $22.8 million in dividends and $24.9 million in share repurchases, equal to 81% of free cash flow. Free cash flow covered dividend payments 2.6 times.
Summary generated from market data by MetaCap's automated system. Methodology
First Merchants cash flow statement (quarterly)
| Quarter (USD) | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 | Q2 20232023-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 28.16M | 57.06M | 56.77M | 56.83M | 55.34M | 64.35M | 49.19M | 39.92M | 47.94M | 42.48M | 56.37M | 60.86M |
| Net Income growth (YoY) | -49.12% | -11.32% | +15.41% | +42.35% | +15.43% | +51.48% | -12.74% | -34.40% | -25.18% | -39.97% | -11.59% | +56.09% |
| Depreciation & Amortization | 8.99M | 5.71M | 8.01M | 7.87M | 7.84M | 16.25M | 3.92M | 3.49M | 3.19M | 3.04M | 2.87M | 2.83M |
| Stock-Based Compensation | 1.68M | 2.42M | 1.75M | 1.57M | 1.59M | 1.63M | 1.44M | 1.35M | 1.40M | 1.37M | 1.36M | 1.24M |
| Operating Cash Flow | 58.59M | 80.71M | 87.56M | 53.67M | 61.70M | 67.50M | 76.83M | 63.03M | 58.85M | 65.61M | 80.25M | 25.36M |
| Investing Cash Flow | 368.07M | -300.76M | -143.33M | -169.32M | -160.42M | -251.54M | -68.18M | -15.59M | 82.88M | -237.13M | -106.72M | 226.55M |
| Dividends Paid | -22.82M | -20.82M | -20.80M | -20.80M | -20.49M | -20.48M | -20.52M | -20.46M | -20.16M | -20.35M | -20.34M | -20.29M |
| Share Repurchases | -24.91M | -10.41M | -6.48M | -22.09M | -7.91M | -6.21M | 0 | -19.98M | -29.97M | 0 | 0 | 0 |
| Debt Issued | 280.07M | 61.00K | 171.90M | 226.36M | 455.83M | 87.27M | 124.50M | 427.29M | 60.00K | 79.80M | 7.46M | 260.06M |
| Debt Repaid | -146.45M | -177.98M | -155.12M | -408.33M | -270.98M | -10.17M | -217.39M | -114.97M | -167.18M | -75.61M | -10.15M | -386.76M |
| Financing Cash Flow | -412.74M | 216.12M | 62.28M | 111.10M | 97.22M | 186.93M | -29.30M | -42.58M | -153.86M | 158.99M | 42.68M | -268.76M |
| Net Change in Cash | 13.93M | -3.92M | 6.51M | -4.55M | -1.50M | 2.90M | -20.65M | 4.86M | -12.13M | -12.52M | 16.20M | -16.84M |
| Free Cash Flow | 58.59M | 80.71M | 87.56M | 53.67M | 61.70M | 67.50M | 76.83M | 63.03M | 58.85M | 65.61M | 80.25M | 25.36M |
This table shows 12 quarterly periods of First Merchants's cash flow statement, from Q1 2026 back to Q2 2023, 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?