First Merchants (FRME) Financials

First Merchants Corp (FRME) is a financial holding company headquartered in Muncie, Indiana. The company provides a range of financial services through its subsidiary, First Merchants Bank. In this section, we will explore the financials of First Merchants Corp, including its income statement, EBIT, EBITDA, gross profit, net income from stockholders, total revenue, balance sheet, cash equivalents, net debt, stockholders equity, total assets, total debt, total liabilities, cash flow, financing cash flow, free cash flow, investing cash flow, and operating cash flow.

The income statement of First Merchants Corp provides a snapshot of the company's financial performance over a specific period. It shows the company's revenues, expenses, and ultimately the net income or loss. EBIT, which stands for Earnings Before Interest and Taxes, is a measure of profitability that excludes interest and tax expenses. EBITDA, on the other hand, stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It provides a clearer view of a company's operating performance by excluding non-cash expenses like depreciation and amortization.

Gross profit is another important metric that indicates the profitability of a company. It represents the revenue generated from sales after deducting the cost of goods sold. Net income from stockholders refers to the portion of a company's profit that is distributed to its stockholders. It is calculated by subtracting dividends and other expenses from the net income. Total revenue represents the sum of all revenues generated by the company during a given period.

The balance sheet provides a snapshot of a company's financial position at a specific point in time. It includes assets, liabilities, and stockholders' equity. Cash equivalents refer to short-term, highly liquid investments that can be easily converted into cash. Net debt represents the total debt of a company minus its cash and cash equivalents. Stockholders' equity represents the residual interest in the assets of a company after deducting liabilities.

Total assets represent the sum of a company's current and non-current assets, including cash, accounts receivable, property, and equipment. Total debt includes both short-term and long-term borrowings. Total liabilities represent a company's current and non-current obligations. Cash flow is the net amount of cash and cash equivalents that flow in and out of a company over a specific period.

Financing cash flow represents the cash inflows and outflows related to obtaining or repaying capital. Free cash flow represents the cash generated by a company after deducting capital expenditures. Investing cash flow includes cash flows related to the acquisition or sale of long-term assets. Operating cash flow represents the cash generated or used by a company's core operations. These financial metrics provide insights into the financial health and performance of First Merchants Corp (FRME).