First Merchants Corporation (FRME)

Market Cap	2.53B +6.0%
Revenue (ttm)	641.70M +5.0%
Net Income	224.13M +12.2%
EPS	3.88 +13.8%
Shares Out	63.39M
PE Ratio	10.30
Forward PE	9.55
Dividend	$1.44 (3.65%)
Ex-Dividend Date	Mar 6, 2026

Volume	284,596
Open	39.40
Previous Close	39.43
Day's Range	39.19 - 40.03
52-Week Range	33.13 - 43.22
Beta	0.88
Analysts	Buy
Price Target	48.33 (+20.89%)
Earnings Date	Apr 22, 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, 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, fi...

• Industry: Banks - Regional
• Sector: Financials
• Founded: 1893
• Employees: 2,086
• 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 20.89% from the latest price.

Price Target

$48.33

(20.89% upside)

Analyst Consensus: Buy