First Merchants Corporation (FRME)
| Market Cap | 2.10B |
| Revenue (ttm) | 649.59M |
| Net Income (ttm) | 231.41M |
| Shares Out | 57.83M |
| EPS (ttm) | 4.00 |
| PE Ratio | 9.05 |
| Forward PE | 9.08 |
| Dividend | $1.44 (3.97%) |
| Ex-Dividend Date | Sep 5, 2025 |
| Volume | 209,977 |
| Open | 36.03 |
| Previous Close | 36.15 |
| Day's Range | 35.41 - 36.31 |
| 52-Week Range | 33.13 - 46.13 |
| Beta | 0.96 |
| Analysts | Buy |
| Price Target | 47.33 (+30.55%) |
| Earnings Date | Oct 22, 2025 |
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... [Read more]
Financial Performance
In 2024, First Merchants's revenue was $610.99 million, a decrease of -5.64% compared to the previous year's $647.50 million. Earnings were $199.53 million, a decrease of -10.09%.
Financial StatementsAnalyst Summary
According to 4 analysts, the average rating for FRME stock is "Buy." The 12-month stock price target is $47.33, which is an increase of 30.55% from the latest price.
News
First Merchants Corporation Announces Cash Dividend
MUNCIE, Ind., Nov. 14, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation declared a cash dividend on November 14, 2025 of $0.36 per common share. The dividend is payable on December 19, 2025, to co...
First Merchants: I Prefer The Common Over The Preferred Stock
First Merchants delivers solid earnings growth, with net interest income rising and a well-covered 4% dividend yield. FRME's common shares offer a compelling risk/reward profile, trading at under 10x ...
First Merchants Corporation (FRME) Q3 2025 Earnings Call Transcript
First Merchants Corporation (NASDAQ:FRME) Q3 2025 Earnings Call October 23, 2025 9:00 AM EDT Company Participants Mark Hardwick - CEO & Director Michael Stewart - President Michele Kawiecki - Executi...
First Savings Financial Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of First Savings Financial Group, Inc. - FSFG
NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of ...
First Merchants Corporation Announces Third Quarter 2025 Earnings per Share
MUNCIE, Ind., Oct. 22, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME) (the "Corporation") Third Quarter 2025 Highlights: Net income available to common stockholders was $56.3 mil...
First Merchants Corporation Announces Cash Dividend on Its Preferred Stock
MUNCIE, Ind., Oct. 15, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ: FRME) has declared a quarterly cash dividend of $46.88 per share on its 7.50% Non-Cumulative Perpetual Preferred St...
First Merchants Corporation to Report Third Quarter 2025 Financial Results, Host Conference Call and Webcast
MUNCIE, Ind., Oct. 02, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq: FRME) will release its third quarter 2025 financial results on Wednesday, October 22, 2025. The Corporation will ho...
FIRST SAVINGS FINANCIAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of First Savings Financial Group, Inc. - FSFG
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of First...
First Merchants Corporation and First Savings Financial Group, Inc. Announce Signing of Definitive Merger Agreement
MUNCIE, Ind. and JEFFERSONVILLE, Ind., Sept. 25, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq: FRME) (“First Merchants”) and First Savings Financial Group, Inc., (Nasdaq: FSFG) (“First...
First Merchants: Attractively Valued With A Positive Earnings Outlook
Robust loan pipelines and a prospective shift in the asset mix will likely drive earnings. A tariff-driven economic slowdown in FRME's markets will likely drag profits. I've raised my EPS estimate to ...
First Merchants Corporation (FRME) Q2 2025 Earnings Call Transcript
First Merchants Corporation (NASDAQ:FRME) Q2 2025 Earnings Conference Call July 24, 2025 9:00 AM ET Company Participants Mark Hardwick - CEO & Director Michael Stewart - President Michele Kawiecki - ...
First Merchants Corporation to Report Second Quarter 2025 Financial Results, Host Conference Call and Webcast
MUNCIE, Ind., June 30, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq:FRME) will release second quarter 2025 financial results on July 23, 2025. The Corporation will host a second quarte...
First Merchants Corporation Announces Changed Ex-Dividend Date for Previously Announced Dividend
MUNCIE, Ind., May 21, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq: FRME) has amended the ex-dividend date for its recently declared cash dividend of $0.36 from June 5, 2025, to June 6...
First Merchants Corporation: Downgrading After A Good Run
First Merchants Corporation has seen a 27.5% increase in shares since my 'buy' rating in June 2024, outperforming the S&P 500's 7% rise. Despite growth in key balance sheet areas, recent financial per...
First Merchants Corporation: Why The Market Still Doesn't Trust This Bank
First Merchants' current valuation is fair, with a solid 3.57% dividend yield, but limited capital gain potential and historical dividend growth concerns. FRME's deposits are sound but exhibit slow gr...
First Merchants Corporation (FRME) Q1 2025 Earnings Call Transcript
First Merchants Corporation (NASDAQ:FRME) Q1 2025 Results Conference Call April 24, 2025 11:30 AM ET Company Participants Mark Hardwick - Chief Executive Officer Michael Stewart - President Michele K...
First Merchants Corporation Announces First Quarter 2025 Earnings Per Share
MUNCIE, Ind., April 24, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME) First Quarter 2025 Highlights: Net income available to common stockholders was $54.9 million and diluted ea...
First Merchants Corporation to Report First Quarter 2025 Financial Results, Host Conference Call and Webcast
MUNCIE, Ind., April 03, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq:FRME) will report first quarter 2025 financial results on April 24, 2025. The Corporation will host a first quarter...
First Merchants Corporation (FRME) Q4 2024 Earnings Call Transcript
First Merchants Corporation (NASDAQ:FRME) Q4 2024 Earnings Conference Call January 30, 2025 11:30 AM ET Company Participants Mark Hardwick - Chief Executive Officer Michael Stewart - President Michel...
First Merchants Corporation Announces Fourth Quarter 2024 Earnings Per Share
MUNCIE, Ind., Jan. 30, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME) Fourth Quarter 2024 Highlights: Net income available to common stockholders was $63.9 million and diluted ea...
First Merchants Corporation: Earnings To Grow Thanks To Deposit Repricing, Strong Pipelines
The margin will continue to expand because (i) deposits will re-price downwards, and (ii) proceeds from maturing securities will get rolled over into higher-yielding securities. Strong pipelines indic...
First Merchants Corporation to Report Fourth Quarter 2024 Financial Results, Host Conference Call and Webcast
MUNCIE, Ind., Jan. 09, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq:FRME) will report fourth quarter 2024 financial results on January 30, 2025. The Corporation will host a fourth quar...
First Merchants Corporation (FRME) Q3 2024 Earnings Call Transcript
First Merchants Corporation (NASDAQ:FRME) Q3 2024 Earnings Conference Call October 24, 2024 11:30 AM ET Company Participants Mark Hardwick - Chief Executive Officer Michael Stewart - President Michel...
First Merchants Corporation Announces Third Quarter 2024 Earnings per Share
MUNCIE, Ind., Oct. 24, 2024 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME) Third Quarter 2024 Highlights: Net income available to common stockholders was $48.7 million and diluted ear...
First Merchants Corporation to Report Third Quarter 2024 Financial Results, Host Conference Call and Webcast
MUNCIE, Ind., Oct. 03, 2024 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq:FRME) will report third quarter 2024 financial results on October 24, 2024. The Corporation will host a third quarte...