First Merchants Corporation (FRME)

USD 35.26

(-1.37%)

Net Income Summary of First Merchants Corporation

  • First Merchants Corporation's latest annual net income in 2023 was 223.78 Million USD , up 0.76% from previous year.
  • First Merchants Corporation's latest quarterly net income in 2024 Q1 was 47.94 Million USD , up 12.86% from previous quarter.
  • First Merchants Corporation reported an annual net income of 222.08 Million USD in 2022, up 8.06% from previous year.
  • First Merchants Corporation reported an annual net income of 205.53 Million USD in 2021, up 38.31% from previous year.
  • First Merchants Corporation reported a quarterly net income of 49.18 Million USD for 2024 Q3, up 23.2% from previous quarter.
  • First Merchants Corporation reported a quarterly net income of 39.92 Million USD for 2024 Q2, down -16.72% from previous quarter.

Annual Net Income Chart of First Merchants Corporation (2023 - 1989)

Historical Annual Net Income of First Merchants Corporation (2023 - 1989)

Year Net Income Net Income Growth
2023 223.78 Million USD 0.76%
2022 222.08 Million USD 8.06%
2021 205.53 Million USD 38.31%
2020 148.6 Million USD -9.64%
2019 164.46 Million USD 3.34%
2018 159.13 Million USD 65.65%
2017 96.07 Million USD 18.53%
2016 81.05 Million USD 23.96%
2015 65.38 Million USD 8.68%
2014 60.16 Million USD 35.1%
2013 44.53 Million USD -1.31%
2012 45.12 Million USD 78.69%
2011 25.25 Million USD 300.63%
2010 6.3 Million USD 115.46%
2009 -40.76 Million USD -297.51%
2008 20.63 Million USD -34.77%
2007 31.63 Million USD 4.77%
2006 30.19 Million USD -0.14%
2005 30.23 Million USD 2.82%
2004 29.41 Million USD 6.67%
2003 27.57 Million USD -0.95%
2002 27.83 Million USD 25.34%
2001 22.2 Million USD 11.38%
2000 19.94 Million USD 4.4%
1999 19.1 Million USD 24.03%
1998 15.4 Million USD 6.94%
1997 14.4 Million USD 9.92%
1996 13.1 Million USD 32.32%
1995 9.9 Million USD 7.61%
1994 9.2 Million USD 5.75%
1993 8.7 Million USD 11.54%
1992 7.8 Million USD 14.71%
1991 6.8 Million USD 13.33%
1990 6 Million USD 5.26%
1989 5.7 Million USD 29.55%

Peer Net Income Comparison of First Merchants Corporation

Name Net Income Net Income Difference
Heritage Financial Corporation 61.75 Million USD -262.377%
LCNB Corp. 12.62 Million USD -1672.141%
Medallion Bank 79.85 Million USD -180.251%
MidWestOne Financial Group, Inc. 20.85 Million USD -972.851%
Amerant Bancorp Inc. 32.49 Million USD -588.784%
Northrim BanCorp, Inc. 25.39 Million USD -781.255%
Northwest Bancshares, Inc. 134.95 Million USD -65.82%
Old National Bancorp 581.99 Million USD 61.548%
OP Bancorp 23.91 Million USD -835.638%
Pioneer Bancorp, Inc. 15.26 Million USD -1366.488%
Peoples Bancorp Inc. 113.36 Million USD -97.407%
Peoples Financial Services Corp. 27.38 Million USD -717.334%
Pinnacle Financial Partners, Inc. 562.15 Million USD 60.191%
Republic Bancorp, Inc. 90.37 Million USD -147.622%
Richmond Mutual Bancorporation, Inc. 9.48 Million USD -2258.911%
Red River Bancshares, Inc. 34.87 Million USD -541.607%
BayCom Corp 27.42 Million USD -715.993%
Riverview Bancorp, Inc. 3.79 Million USD -5790.655%
Burke & Herbert Bank & Trust Company 22.69 Million USD -886.189%
Shore Bancshares, Inc. 11.22 Million USD -1893.107%
Southern Missouri Bancorp, Inc. 50.18 Million USD -345.949%
Brookline Bancorp, Inc. 74.99 Million USD -198.385%
Territorial Bancorp Inc. 5.02 Million USD -4351.681%
Texas Capital Bancshares, Inc. 189.14 Million USD -18.317%
Capital Bancorp, Inc. 35.87 Million USD -523.863%
William Penn Bancorporation 168 Thousand USD -133105.952%
WesBanco, Inc. 159.03 Million USD -40.718%
Waterstone Financial, Inc. 9.37 Million USD -2287.051%
Wintrust Financial Corporation 622.62 Million USD 64.058%
Zions Bancorporation, National Association 642 Million USD 65.142%
The First Bancshares, Inc. 75.45 Million USD -196.574%
First Community Corporation 11.84 Million USD -1789.606%
First Guaranty Bancshares, Inc. 9.21 Million USD -2327.443%
First Interstate BancSystem, Inc. 257.5 Million USD 13.093%
FinWise Bancorp 17.46 Million USD -1181.707%
Fifth Third Bancorp 2.34 Billion USD 90.473%
Farmers & Merchants Bancorp, Inc. 22.78 Million USD -882.078%
First United Corporation 15.06 Million USD -1385.963%
Hope Bancorp, Inc. 133.67 Million USD -67.413%
MainStreet Bancshares, Inc. 26.58 Million USD -741.775%
Landmark Bancorp, Inc. 12.23 Million USD -1728.915%
Flushing Financial Corporation 28.66 Million USD -680.721%
Pinnacle Financial Partners, Inc. 562.15 Million USD 60.191%
FS Bancorp, Inc. 36.05 Million USD -520.714%
Renasant Corporation 144.67 Million USD -54.679%
TFS Financial Corporation 79.58 Million USD -181.181%
First Financial Corporation 60.67 Million USD -268.846%
United Security Bancshares 19.79 Million USD -1030.461%
USCB Financial Holdings, Inc. 16.54 Million USD -1252.59%
Valley National Bancorp 498.51 Million USD 55.109%
WSFS Financial Corporation 269.15 Million USD 16.856%
Auburn National Bancorporation, Inc. 1.39 Million USD -15942.007%
Merchants Bancorp 279.23 Million USD 19.857%
Cullman Bancorp, Inc. 3.95 Million USD -5561.169%
Columbia Banking System, Inc. 348.71 Million USD 35.826%
Fidelity D & D Bancorp, Inc. 18.21 Million USD -1128.918%
First Guaranty Bancshares, Inc. 9.21 Million USD -2327.443%
Merchants Bancorp 279.23 Million USD 19.857%
Mid Penn Bancorp, Inc. 37.39 Million USD -498.406%
NBT Bancorp Inc. 118.78 Million USD -88.401%
Southern California Bancorp 25.91 Million USD -763.705%
Civista Bancshares, Inc. 42.96 Million USD -420.869%
Simmons First National Corporation 175.05 Million USD -27.836%
HomeStreet, Inc. -27.5 Million USD 913.531%
MVB Financial Corp. 19.43 Million USD -1051.636%
CrossFirst Bankshares, Inc. 66.66 Million USD -235.667%
First Mid Bancshares, Inc. 68.93 Million USD -224.633%
Veritex Holdings, Inc. 108.26 Million USD -106.71%
Independent Bank Corp. 239.5 Million USD 6.562%
Kearny Financial Corp. -86.66 Million USD 358.214%
HarborOne Bancorp, Inc. 16.07 Million USD -1291.964%
NB Bancorp, Inc. Common Stock 9.82 Million USD -2177.72%
OptimumBank Holdings, Inc. 6.28 Million USD -3461.77%
Univest Financial Corporation 71.1 Million USD -214.731%
Bank OZK 690.78 Million USD 67.604%
OceanFirst Financial Corp. 104.02 Million USD -115.119%
The Bank of Princeton 25.76 Million USD -768.566%
Provident Bancorp, Inc. 10.95 Million USD -1942.961%
Mercantile Bank Corporation 82.21 Million USD -172.189%
Premier Financial Corp. 104.55 Million USD -114.043%
Citizens Financial Services, Inc. 17.81 Million USD -1156.448%
Oconee Federal Financial Corp. 6.25 Million USD -3480.576%
First Financial Northwest, Inc. 6.3 Million USD -3449.342%
ESSA Bancorp, Inc. 16.99 Million USD -1217.008%
First Western Financial, Inc. 5.22 Million USD -4182.986%
Triumph Financial, Inc. 41.08 Million USD -444.743%
QCR Holdings, Inc. 113.55 Million USD -97.068%
ChoiceOne Financial Services, Inc. 21.26 Million USD -952.566%
Blue Foundry Bancorp -7.39 Million USD 3125.362%
Huntington Bancshares Incorporated 1.95 Billion USD 88.53%
First Bank 20.89 Million USD -970.9%
Five Star Bancorp 47.73 Million USD -368.819%
Financial Institutions, Inc. 50.26 Million USD -345.221%
CF Bankshares Inc. 16.93 Million USD -1221.285%
United Bankshares, Inc. 366.31 Million USD 38.909%
Capital City Bank Group, Inc. 52.25 Million USD -328.233%
RBB Bancorp 42.46 Million USD -426.989%
Southern States Bancshares, Inc. 31.95 Million USD -600.382%
Northeast Bank 58.23 Million USD -284.307%
Hawthorn Bancshares, Inc. 956 Thousand USD -23308.577%
SmartFinancial, Inc. 28.59 Million USD -682.66%
AmeriServ Financial, Inc. -3.34 Million USD 6788.165%
FFBW, Inc. 1.5 Million USD -14730.086%
Sandy Spring Bancorp, Inc. 122.84 Million USD -82.171%
Citizens & Northern Corporation 24.14 Million USD -826.727%
Preferred Bank 150.04 Million USD -49.151%
Primis Financial Corp. -7.83 Million USD 2957.329%
Union Bankshares, Inc. 11.25 Million USD -1887.972%
CNB Financial Corporation 58.02 Million USD -285.705%
Sound Financial Bancorp, Inc. 7.43 Million USD -2908.281%
Fulton Financial Corporation 284.28 Million USD 21.28%
Generations Bancorp NY, Inc. -1.56 Million USD 14381.174%
Ames National Corporation 10.81 Million USD -1968.836%
United Bancorp, Inc. 8.95 Million USD -2400.402%
SB Financial Group, Inc. 12.09 Million USD -1750.236%
Wintrust Financial Corporation 622.62 Million USD 64.058%
Hanmi Financial Corporation 80.04 Million USD -179.589%
Commerce Bancshares, Inc. 477.06 Million USD 53.091%
BOK Financial Corporation 530.74 Million USD 57.836%
Southern First Bancshares, Inc. 13.42 Million USD -1566.811%
Middlefield Banc Corp. 17.36 Million USD -1188.496%
Eagle Bancorp Montana, Inc. 10.05 Million USD -2125.398%
Coastal Financial Corporation 44.57 Million USD -401.999%
Glen Burnie Bancorp 1.42 Million USD -15560.322%
Northfield Bancorp, Inc. (Staten Island, NY) 37.66 Million USD -494.085%
CNB Financial Corporation 58.02 Million USD -285.705%
Investar Holding Corporation 16.67 Million USD -1241.804%
West Bancorporation, Inc. 24.13 Million USD -827.149%
Plumas Bancorp 29.77 Million USD -651.565%
Eagle Bancorp, Inc. 100.53 Million USD -122.597%
SR Bancorp, Inc. Common stock -10.86 Million USD 2160.645%
Columbia Financial, Inc. 36.08 Million USD -520.146%
First Community Bankshares, Inc. 48.02 Million USD -366.027%
Pathfinder Bancorp, Inc. 9.29 Million USD -2308.114%
Popular, Inc. 541.34 Million USD 58.661%
TowneBank 153.71 Million USD -45.585%
Arrow Financial Corporation 30.07 Million USD -644.093%
Colony Bankcorp, Inc. 21.74 Million USD -929.043%
Trustmark Corporation 165.48 Million USD -35.227%
Wintrust Financial Corporation 622.62 Million USD 64.058%
Finward Bancorp 8.38 Million USD -2570.477%
Provident Financial Holdings, Inc. 7.35 Million USD -2944.293%
Eastern Bankshares, Inc. 232.17 Million USD 3.614%
Esquire Financial Holdings, Inc. 41.01 Million USD -445.673%
Bank First Corporation 74.51 Million USD -200.327%
Peapack-Gladstone Financial Corporation 48.85 Million USD -358.071%
Camden National Corporation 43.38 Million USD -415.838%
Stock Yards Bancorp, Inc. 107.74 Million USD -107.694%
BCB Bancorp, Inc. 29.48 Million USD -659.034%
Oak Valley Bancorp 30.84 Million USD -625.447%
Summit State Bank 10.82 Million USD -1967.88%
MainStreet Bancshares, Inc. 26.58 Million USD -741.775%
C&F Financial Corporation 23.6 Million USD -848.085%
Valley National Bancorp 498.51 Million USD 55.109%
SHF Holdings, Inc. -17.27 Million USD 1395.069%
Bridgewater Bancshares, Inc. 39.96 Million USD -460.025%
Westamerica Bancorporation 161.76 Million USD -38.338%
Chemung Financial Corporation 25 Million USD -795.144%
Hancock Whitney Corporation 392.6 Million USD 42.999%
Fifth Third Bancorp 2.34 Billion USD 90.473%
Sierra Bancorp 34.84 Million USD -542.251%
ACNB Corporation 31.68 Million USD -606.217%
City Holding Company 114.36 Million USD -95.677%
Rhinebeck Bancorp, Inc. 4.39 Million USD -4991.832%
Enterprise Financial Services Corp 194.05 Million USD -15.319%
PB Bankshares, Inc. 1.91 Million USD -11561.595%
Ponce Financial Group, Inc. 3.35 Million USD -6576.193%
Guaranty Bancshares, Inc. 30.03 Million USD -645.034%
Broadway Financial Corporation 4.51 Million USD -4857.599%
Lake Shore Bancorp, Inc. 4.82 Million USD -4542.863%
Affinity Bancshares, Inc. 6.44 Million USD -3370.627%
Business First Bancshares, Inc. 71.04 Million USD -215.001%
Amalgamated Financial Corp. 87.97 Million USD -154.366%
German American Bancorp, Inc. 85.88 Million USD -160.556%
Citizens Community Bancorp, Inc. 13.05 Million USD -1613.653%
Meridian Corporation 13.24 Million USD -1589.844%
Capitol Federal Financial, Inc. 38.01 Million USD -488.756%
Old Second Bancorp, Inc. 91.72 Million USD -143.964%
First National Corporation 9.62 Million USD -2225.291%
Huntington Bancshares Incorporated 1.95 Billion USD 88.53%
Western New England Bancorp, Inc. 15.06 Million USD -1385.174%
Hingham Institution for Savings 26.37 Million USD -748.606%
CFSB Bancorp, Inc. 33 Thousand USD -678039.394%
Old National Bancorp 581.99 Million USD 61.548%
Bank7 Corp. 28.27 Million USD -691.462%
Carver Bancorp, Inc. -2.97 Million USD 7617.165%
Fifth Third Bancorp 2.34 Billion USD 90.473%
Bank OZK 690.78 Million USD 67.604%
Hanover Bancorp, Inc. 15.16 Million USD -1375.772%
OceanFirst Financial Corp. 104.02 Million USD -115.119%
Fulton Financial Corporation 284.28 Million USD 21.28%
Equity Bancshares, Inc. 7.82 Million USD -2761.348%
Ameris Bancorp 269.1 Million USD 16.841%
Pathward Financial, Inc. 166.81 Million USD -34.151%
Independent Bank Group, Inc. 43.2 Million USD -418.011%
Bank of Marin Bancorp 19.89 Million USD -1024.835%
Carter Bankshares, Inc. 23.38 Million USD -857.005%
First Citizens BancShares, Inc. 11.46 Billion USD 98.048%
1st Source Corporation 124.92 Million USD -79.133%
BancFirst Corporation 212.46 Million USD -5.328%
Huntington Bancshares Incorporated 1.95 Billion USD 88.53%
South Plains Financial, Inc. 62.74 Million USD -256.659%
Old National Bancorp 581.99 Million USD 61.548%
Independent Bank Corporation 59.06 Million USD -278.868%
S&T Bancorp, Inc. 144.78 Million USD -54.569%
PCB Bancorp 30.7 Million USD -628.826%
Parke Bancorp, Inc. 28.46 Million USD -686.262%
Bogota Financial Corp. 642.53 Thousand USD -34728.609%
Pacific Premier Bancorp, Inc. 30.85 Million USD -625.353%
Catalyst Bancorp, Inc. 602 Thousand USD -37073.754%
SHF Holdings, Inc. -17.27 Million USD 1395.069%
BayFirst Financial Corp. 5.7 Million USD -3824.693%
Patriot National Bancorp, Inc. -4.17 Million USD 5455.013%
MetroCity Bankshares, Inc. 51.61 Million USD -333.585%
First Capital, Inc. 12.79 Million USD -1649.695%
Peoples Bancorp of North Carolina, Inc. 15.54 Million USD -1339.509%
Mid-Southern Bancorp, Inc. 1.45 Million USD -15269.918%
Texas Capital Bancshares, Inc. 189.14 Million USD -18.317%
Orrstown Financial Services, Inc. 35.66 Million USD -527.502%
First Hawaiian, Inc. 234.98 Million USD 4.765%
Signature Bank 1.33 Billion USD 83.263%
Enterprise Bancorp, Inc. 38.05 Million USD -488.013%
TriCo Bancshares 117.39 Million USD -90.635%
First Business Financial Services, Inc. 37.02 Million USD -504.386%
Zions Bancorporation, National Association 642 Million USD 65.142%
Midland States Bancorp, Inc. 75.46 Million USD -196.562%
First Financial Bankshares, Inc. 198.97 Million USD -12.468%
Merchants Bancorp 279.23 Million USD 19.857%
Tectonic Financial, Inc. 13.66 Million USD -1537.419%
First US Bancshares, Inc. 8.48 Million USD -2537.431%
The Bancorp, Inc. 192.29 Million USD -16.376%
Merchants Bancorp 279.23 Million USD 19.857%
Alerus Financial Corporation 11.69 Million USD -1813.355%
Old Point Financial Corporation 7.73 Million USD -2795.032%
ConnectOne Bancorp, Inc. 87 Million USD -157.216%
John Marshall Bancorp, Inc. 5.15 Million USD -4238.62%
First Bancorp 104.13 Million USD -114.908%
Community West Bancshares 25.53 Million USD -776.355%
The First Bancorp, Inc. 29.51 Million USD -658.134%
Farmers National Banc Corp. 49.93 Million USD -348.182%
First Internet Bancorp - Fixed- 8.41 Million USD -2558.738%
International Bancshares Corporation 411.76 Million USD 45.652%
Washington Federal, Inc. 200.04 Million USD -11.87%
Bridgewater Bancshares, Inc. 39.96 Million USD -460.025%
Bank of the James Financial Group, Inc. 8.7 Million USD -2471.071%
Valley National Bancorp 498.51 Million USD 55.109%
Lakeland Financial Corporation 93.76 Million USD -138.662%
The First of Long Island Corporation 26.23 Million USD -752.875%
CVB Financial Corp. 221.43 Million USD -1.062%
Orange County Bancorp, Inc. 29.47 Million USD -659.163%
Heritage Commerce Corp 64.44 Million USD -247.262%
First Financial Bancorp. 255.86 Million USD 12.537%
National Bankshares, Inc. 15.69 Million USD -1326.206%
Virginia National Bankshares Corporation 19.26 Million USD -1061.74%
TrustCo Bank Corp NY 58.64 Million USD -281.588%
First Busey Corporation 122.56 Million USD -82.586%
Dime Community Bancshares, Inc. 96.09 Million USD -132.882%
Triumph Financial, Inc. 41.08 Million USD -444.743%
Zions Bancorporation, National Association 642 Million USD 65.142%
Greene County Bancorp, Inc. 24.76 Million USD -803.492%
WesBanco, Inc. 159.03 Million USD -40.718%
Midland States Bancorp, Inc. 75.46 Million USD -196.562%
Huntington Bancshares Incorporated 1.95 Billion USD 88.53%
NSTS Bancorp, Inc. -3.95 Million USD 5755.446%
Dime Community Bancshares, Inc. 96.09 Million USD -132.882%
UMB Financial Corporation 350.02 Million USD 36.066%
1895 Bancorp of Wisconsin, Inc. -6.79 Million USD 3394.847%
Home Federal Bancorp, Inc. of Louisiana 3.59 Million USD -6128.389%
Timberland Bancorp, Inc. 24.28 Million USD -821.575%
Cathay General Bancorp 354.12 Million USD 36.806%
HomeTrust Bancshares, Inc. 49.64 Million USD -350.8%
CB Financial Services, Inc. 22.55 Million USD -892.399%
First Savings Financial Group, Inc. 13.59 Million USD -1546.454%
HBT Financial, Inc. 65.84 Million USD -239.883%
Kentucky First Federal Bancorp -1.72 Million USD 13103.254%
Fifth Third Bancorp 2.34 Billion USD 90.473%
FVCBankcorp, Inc. 3.82 Million USD -5755.207%
Magyar Bancorp, Inc. 7.78 Million USD -2775.318%
Heartland Financial USA, Inc. 79.92 Million USD -180.013%
First Merchants Corporation 223.78 Million USD 0.0%
Third Coast Bancshares, Inc. 33.4 Million USD -569.998%
ECB Bancorp, Inc. 4.45 Million USD -4922.127%
Republic First Bancorp, Inc. 25.17 Million USD -788.886%
Heartland Financial USA, Inc. 79.92 Million USD -180.013%
Unity Bancorp, Inc. 39.7 Million USD -463.593%
Franklin Financial Services Corporation 13.59 Million USD -1545.727%
SouthState Corporation 494.3 Million USD 54.727%
Bankwell Financial Group, Inc. 36.66 Million USD -510.386%
Banner Corporation 183.62 Million USD -21.872%
Hancock Whitney Corporation - 6 392.6 Million USD 42.999%
Washington Federal, Inc. 200.04 Million USD -11.87%
Sterling Bancorp, Inc. (Southfield, MI) 7.41 Million USD -2918.832%
Stellar Bancorp, Inc. 130.49 Million USD -71.487%
Atlantic Union Bankshares Corporation 201.81 Million USD -10.885%
Great Southern Bancorp, Inc. 67.8 Million USD -230.068%
ConnectOne Bancorp, Inc. 87 Million USD -157.216%
First Citizens BancShares, Inc. 11.46 Billion USD 98.048%
Norwood Financial Corp. 16.75 Million USD -1235.318%
First Citizens BancShares, Inc. 11.46 Billion USD 98.048%
Enterprise Financial Services Corp 194.05 Million USD -15.319%
First Foundation Inc. -199.06 Million USD 212.419%
Seacoast Banking Corporation of Florida 104.03 Million USD -115.111%
Northeast Community Bancorp, Inc. 46.27 Million USD -383.59%
Southside Bancshares, Inc. 86.69 Million USD -158.139%
BankFinancial Corporation 9.39 Million USD -2282.476%
United Bancshares, Inc. 8.6 Million USD -2500.349%
Penns Woods Bancorp, Inc. 16.6 Million USD -1247.459%
First Seacoast Bancorp -10.65 Million USD 2200.094%
Home Bancorp, Inc. 40.24 Million USD -456.128%
Texas Community Bancshares, Inc. -733 Thousand USD 30630.15%
Bank of South Carolina Corporation 5.49 Million USD -3973.565%
First Northwest Bancorp 2.28 Million USD -9689.414%
First Internet Bancorp 8.41 Million USD -2558.738%
Ohio Valley Banc Corp. 12.63 Million USD -1671.72%
TC Bancshares, Inc. 265.82 Thousand USD -84085.46%
HMN Financial, Inc. 6 Million USD -3626.661%
IF Bancorp, Inc. 1.79 Million USD -12402.011%
Horizon Bancorp, Inc. 27.98 Million USD -699.778%