First Merchants Corporation (FRME)

Market Cap	2.34B -10.6%
Revenue (ttm)	641.70M +5.0%
Net Income	224.13M +12.2%
EPS	3.88 +13.8%
Shares Out	56.95M
PE Ratio	10.60
Forward PE	9.79
Dividend	$1.44 (3.50%)
Ex-Dividend Date	Mar 6, 2026

Volume	315,117
Open	40.67
Previous Close	40.40
Day's Range	40.24 - 41.23
52-Week Range	33.13 - 44.33
Beta	0.93
Analysts	Buy
Price Target	48.33 (+17.51%)
Earnings Date	Jan 26, 2026

About FRME

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, home equity lending, vehicle loans, and personal loans; and local commercial lending, asset-based lending solutions, agricultural lending, commercial real estate solutions, debt capital markets, practice finance, public finance, small business administration lend...

• Industry: Banks - Regional
• Sector: Financials
• Founded: 1893
• Employees: 2,120
• Stock Exchange: NASDAQ
• Ticker Symbol: FRME
• Website: https://www.firstmerchants.com

Financial Performance

In 2025, First Merchants's revenue was $641.70 million, an increase of 5.03% compared to the previous year's $610.99 million. Earnings were $224.13 million, an increase of 12.33%.

Analyst Summary

According to 4 analysts, the average rating for FRME stock is "Buy." The 12-month stock price target is $48.33, which is an increase of 17.51% from the latest price.

Price Target

$48.33

(17.51% upside)

Analyst Consensus: Buy