Calendar
event
Ex dividend date
30 Jul 2026
event_available
Last Dividend Payment
19 Jun 2026
About First Merchants Corporation
Ticker
info
FRME
Trading on
info
NASDAQ
ISIN
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US3208171096
Industry
info
Banks - Regional
Sector
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Financial Services
CEO
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Mark K. Hardwick CPA
Headquarters
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200 East Jackson Street, Muncie, IN, United States, 47305-2814
Employees
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2,086
Website
info
firstmerchants.com
First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides commercial and consumer banking services. The company offers a range of financial services, including checking, savings, and deposit products; debit and credit cards; mortgages, refinance, construction or renovation of residential properties, agricultural lending, treasury management services and depository products. It also provides personal and commercial wealth management services, brokerage, investment management, private banking, fiduciary estate, and financial planning services. The company operates banking locations in Indiana, Ohio, and Michigan counties. It offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.
Metrics
BasicAdvanced
Market cap
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$2.72B
P/E ratio
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13.99
EPS
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$3.10
Dividend Yield
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3.33%
Beta
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0.86
Forward P/E ratio
info
11.99
EBIDTA
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-
Ex dividend date
info
2026-07-30
Price & volume
Market cap
info
$2.72B
Average daily volume
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0.5M
90-day return
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-
30-day return
info
-
7-day return
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-
Dividends
Dividend per share
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$1.45
Dividend yield
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3.33%
Forward dividend per share
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$1.88
Forward dividend yield
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4.31%
Payout ratio
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38.77%
Valuation
P/E ratio
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13.99
Forward P/E
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11.99
PEG ratio
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1.4
Trailing P/E
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13.99
Price to sales
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4.24
Price to book
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1.02
Earnings
EPS
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$3.10
EPS estimate (current quarter)
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$1.03
EPS estimate (next quarter)
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$1.08
EBITDA
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-
Revenues (TTM)
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$642M
Revenues per share (TTM)
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$10.82
Technicals
Beta
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0.86
52-week High
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$45.33
52-week Low
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$33.69
50-day moving average
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$42.16
200-day moving average
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$39.47
Short ratio
info
3.31
Short %
info
2.97%
Management effectiveness
ROE (TTM)
info
7.37%
ROA (TTM)
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0.93%
Profit margin
info
28.96%
Gross profit margin
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$642M
Operating margin
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34.27%
Growth
Quarterly earnings growth (YoY)
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-28.70%
Quarterly revenue growth (YoY)
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2.80%
Share stats
Outstanding Shares
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62.8M
Float
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61.6M
Insiders %
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2.01%
Institutions %
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75.54%
Analyst Insights & forecasts
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67% Buy

33% Hold

0% Sell

Based on information from 6 analysts.

Average price target

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$48.00
Earnings per share (EPS) forecast
windowbar_chart_4_bars
Actual
info
Expected
info
Surprise
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$0.99
$0.96
3.13%
Q3 • 25Beat
$0.98
$0.95
3.16%
Q4 • 25Beat
$1.03
$0.97
6.19%
Q1 • 26Beat
$0.74
$1.03
-28.16%
Q2 • 26Current
QuarterlyAnnual
Financial Performance
windowbar_chart_4_bars
Income StatementBalance SheetCash Flow
windowbar_chart_4_bars
Revenue
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Net income
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Profit margin
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$253M
$28.2M
11.12%
Q1 • 26
$298M
$44M
14.76%
Q2 • 26
17.65%
56.20%
32.77%
QoQ growth
QuarterlyAnnual
Totals assets
info
Total liabilities
info
Debt to assets
info
$21.1B
$18.4B
87.32%
Q1 • 26
$21.3B
$18.7B
87.37%
Q2 • 26
1.31%
1.37%
0.06%
QoQ growth
QuarterlyAnnual
Operating
info
Investing
info
Financing
info
Free cash flow
info
$58.6M
$281M
$-413M
$58.6M
Q1 • 26
$88M
-
$190M
$88M
Q2 • 26
50.26%
-
-146.09%
50.26%
QoQ growth
QuarterlyAnnual

Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Past performance is no guarantee of future results. Your return may be affected by currency fluctuations and applicable fees and charges. The value of your investment may go up as well as down. When investing, your capital at risk.

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FAQs

How much is a First Merchants Corporation share?
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First Merchants Corporation shares are currently traded for undefined per share.

How many shares does First Merchants Corporation have?
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First Merchants Corporation currently has 62.8M shares.

Does First Merchants Corporation pay dividends?
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Yes, First Merchants Corporation does pay dividends.

What is First Merchants Corporation 52 week high?
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First Merchants Corporation 52 week high is $45.33.

What is First Merchants Corporation 52 week low?
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First Merchants Corporation 52 week low is $33.69.

What is the 200-day moving average of First Merchants Corporation?
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First Merchants Corporation 200-day moving average is $39.47.

Who is First Merchants Corporation CEO?
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The CEO of First Merchants Corporation is Mark K. Hardwick CPA.

How many employees First Merchants Corporation has?
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First Merchants Corporation has 2,086 employees.

What is the market cap of First Merchants Corporation?
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The market cap of First Merchants Corporation is $2.72B.

What is the P/E of First Merchants Corporation?
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The current P/E of First Merchants Corporation is 13.99.

What is the EPS of First Merchants Corporation?
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The EPS of First Merchants Corporation is $3.10.

What is the PEG Ratio of First Merchants Corporation?
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The PEG Ratio of First Merchants Corporation is 1.4.

What do analysts say about First Merchants Corporation?
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According to the analysts First Merchants Corporation is considered a buy.