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Income Statement (NONE)
| Q1 '25 | QoQ | |
|---|---|---|
| Revenue | 223M | 41.6% |
| Gross Profit | 223M | 41.6% |
| Operating expense | 1.4M | 98.9% |
| Net Income | 55M | 14% |
Balance Sheet (NONE)
| Q1 '25 | QoQ | |
|---|---|---|
| Total Assets | 18.4B | 0.7% |
| Total Liabilities | 16.1B | 0.6% |
| Total Equity | 2.33B | 1.2% |
| Shares Outstanding | 58M | 0% |
Cash Flow (NONE)
| Q1 '25 | QoQ |
|---|
EPS
Financial Highlights for First Merchants in Q1 '25
First Merchants reported a revenue of 223M, which is a 41.6% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 223M, marking a 41.6% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Operating Expenses for this period were 1.4M, showing a -98.9% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 55M, showing a -14% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
First Merchants faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income.
