FRME

First Merchants Corporation
NASDAQFINANCIAL SERVICESBANKS - REGIONAL

Key Statistics

Market Cap
$2.74B
P/E Ratio
13.70
EPS
$3.17
Beta
0.85
52W High
$45.33
52W Low
$33.69
50-Day MA
$41.87
200-Day MA
$39.34
Dividend Yield
3.40%
Profit Margin
29.00%
Forward P/E
11.07
PEG Ratio
1.40

About First Merchants Corporation

First Merchants Corporation is the financial holding company for First Merchants Bank providing community banking services. The company is headquartered in Muncie, Indiana.

Official WebsiteUSAFY End: December

Fundamentals

Revenue (TTM)$642.19M
Gross Profit (TTM)$642.19M
EBITDA
Operating Margin34.30%
Return on Equity7.37%
Return on Assets0.93%
Revenue/Share (TTM)$10.82
Book Value$42.95
Price-to-Book1.01
Price-to-Sales (TTM)4.26
EV/Revenue6.09
EV/EBITDA
Quarterly Earnings Growth (YoY)-28.20%
Quarterly Revenue Growth (YoY)2.80%
Shares Outstanding$63.02M
Float$61.05M
% Insiders2.03%
% Institutions76.23%

Historical Volatility

HV 10-Day
36.62%
HV 20-Day
28.49%
HV 30-Day
26.33%
HV 60-Day
23.95%
HV Rank
65.9%

Volatility is currently expanding

Analyst Ratings

Consensus ($48.00 target)
2
Strong Buy
2
Buy
2
Hold

Latest News

First Merchants Q2 Earnings Call Highlights

First Merchants NASDAQ: FRME reported second-quarter 2026 net income of $43.5 million, or $0.70 per diluted share, as stronger revenue and margin expansion were offset by credit costs tied to two commercial loans moved to non-accrual status.

MarketBeat7/23/2026Positive
First Merchants Corporation Announces Cash Dividend on its Preferred Stock

MUNCIE, Ind., July 13, 2026 (GLOBE NEWSWIRE) -- First Merchants Corporation has declared a quarterly cash dividend of $46.88 per share on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A, represented by depositary shares (NASDAQ: FRMEP) each representing a 1/100th interest in a share of the Series A preferred stock. Holders of depositary shares will receive $0.4688 per depositary share. The dividend will be payable on August 14, 2026, to stockholders of record on July 30, 2026.

GlobeNewsWire7/13/2026Neutral
First Merchants (FRME) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Merchants (FRME) have what it takes?

Zacks Investment Research6/24/2026Positive

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Data last updated: 7/29/2026