First Merchants Corporation (FRME)
US — Financial Services Sector
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First Merchants (FRME) Could Be a Great Choice
FRME
Published: February 17, 2025 by: Zacks Investment Research
Sentiment: Positive
Published: February 17, 2025 by: Zacks Investment Research
Sentiment: Positive
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?
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About First Merchants Corporation (FRME)
- IPO Date 1989-06-20
- Website https://www.firstmerchants.com
- Industry Banks - Regional
- CEO Michael C. Rechin
- Employees 2120
First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans, as well as public finance. The company also offers personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. It operates 109 banking locations in Indiana, Illinois, Ohio, and Michigan counties. The company also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.