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First Merchants (First Merchants) Pre-Tax Income

: $259.2 Mil (TTM As of Dec. 2023)
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Pretax income is the income that a company earns before paying income taxes. First Merchants's pretax income for the three months ended in Dec. 2023 was $46.9 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $259.2 Mil. First Merchants's pretax margin was 29.97%.

During the past 13 years, First Merchants's highest Pretax Margin was 46.31%. The lowest was 33.07%. And the median was 39.09%.


First Merchants Pre-Tax Income Historical Data

The historical data trend for First Merchants's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 193.79 [6] => 169.98 [7] => 240.79 [8] => 255.67 [9] => 259.23 )
First Merchants Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 193.79 169.98 240.79 255.67 259.23

First Merchants Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pre-Tax Income Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 83.41 75.40 71.56 65.37 46.90

Competitive Comparison

For the Banks - Regional subindustry, First Merchants's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Merchants Pre-Tax Income Distribution

For the Banks industry and Financial Services sector, First Merchants's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where First Merchants's Pre-Tax Income falls into.



First Merchants Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

First Merchants's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+259.232
=259.2

First Merchants's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+46.904
=46.9

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $259.2 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Merchants  (NAS:FRME) Pre-Tax Income Explanation

First Merchants's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=46.904/156.507
=29.97%

During the past 13 years, First Merchants's highest Pretax Margin was 46.31%. The lowest was 33.07%. And the median was 39.09%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Merchants Pre-Tax Income Related Terms

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First Merchants (First Merchants) Business Description

Traded in Other Exchanges
Address
200 East Jackson Street, P.O. Box 792, Muncie, IN, USA, 47305-2814
First Merchants Corp, through its subsidiaries, provides its customers with financial services delivered locally by bankers. It offers personal banking, business banking, real estate mortgage lending, cash management services, brokerage, wealth management, and insurance. The company reports in only one segment that is community banking.
Executives
Michael C Rechin officer: Executive Vice President, other: Chief Operating Officer 13831 COLDWATER DRIVE, CARMEL IN 46032
Michael J Fisher director 200 EAST JACKSON STREET, MUNCIE IN 47305
Jason R Sondhi director 200 E JACKSON ST, MUNCIE IN 47305
Gary Lehman director 200 EAST JACKSON STREET, MUNCIE IN 47305
Mung Chiang director 200 E JACKSON ST, MUNCIE IN 47305
Stephan Fluhler officer: Chief Information Officer, other: Senior Vice President 200 EAST JACKSON STREET, MUNCIE IN 47305
Charles E Schalliol director 300 NORTH MERIDIAN STREET, SUITE 950, INDIANAPOLIS IN 46204
Kevin D Johnson director 200 E JACKSON ST, MUNCIE IN 47305
Patrick J. Fehring director 32991 HAMILTON COURT, FARMINGTON HILLS MI 48334
Patrick A Sherman director 609 TREYBOURNE DRIVE, SUITE A, GREENWOOD IN 46142
Chad Kimball officer: Chief Risk Officer 200 EAST JACKSON STREET, MUNCIE IN 47305
Mark K Hardwick officer: Senior Vice President, other: Chief Financial Officer POST OFFICE BOX 792, MUNICE IN 47308-0792
Michael R Becher director 200 E. JACKSON ST., MUNCIE IN 47305
Michael C Marhenke director 200 EAST JACKSON ST, MUNCIE IN 47305
William L Hoy director 200 EAST JACKSON STREET, MUNCIE IN 47305