Flagship explainer
How FIRST MERCHANTS CORP earns its spread
Start with net interest income, then follow the filed path to net income.
| Filed line | Value | % of net interest income | Source |
|---|---|---|---|
| $536M | 100% |
| |
| Income before tax | $259M | 48% |
|
| Income tax | $33.1M | 6% |
|
| $226M | 42% |
|
Source:
- SEC filing · FY 2025Filing detailsAccession 0000712534-26-000022