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First Merchants Corp.$37.65$.30.80%

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Income Statement for First Merchants Corp.
(Amounts are in millions) 12/2018 12/2017 12/2016
Press Release Press Release Press Release
Net Sales or Revenues $484.40 $385.91 $318.52
Cost of Goods Sold $51.54 $23.81 $15.91
Gross Profit $432.86 $362.10 $302.60
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $220.46 $209.05 $179.11
Income Before Depreciation $212.40 $153.05 $123.50
       
Depreciation, Depletion, Amortization $6.72 $5.65 $3.91
Non-Operating Income $0.00 $0.00 $0.00
Interest Expense $17.55 $13.81 $10.93
Pretax Income $188.14 $133.59 $108.66
       
Provision for Income Taxes $29.00 $37.52 $27.61
Minority Interest $0.00 $0.00 $0.00
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $159.14 $96.07 $81.05
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $159.14 $96.07 $81.05
       
Basic Earnings Per Share $3.23 $2.13 $1.99
Diluted Earnings Per Share $3.22 $2.12 $1.98
       
Weighted Average Basic Shares Outstanding 49.47 45.40 40.96
Weighted Average Diluted Shares Outstanding 49.47 45.40 41.01
       
Income Before Non-Recurring Items $159.14 $109.10 $81.05
Income From Non-Recurring Items $0.00 ($13.03) $0.00
Diluted Earnings Per Share before extras $3.22 $2.41 $1.98
       
Dividend (preferred) ($0.65) ($0.64) ($0.05)
Dividend (common) $41.71 $33.92 $22.09
Dividend Per Share (common) $0.84 $0.69 $0.54




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