First Merchants Corporation (FRME)
| Market Cap | 2.46B +17.7% |
| Revenue (ttm) | 637.81M +3.6% |
| Net Income | 196.94M -4.8% |
| EPS | 3.37 -5.2% |
| Shares Out | 63.02M |
| PE Ratio | 11.61 |
| Forward PE | 9.17 |
| Dividend | $1.44 (3.68%) |
| Ex-Dividend Date | Mar 6, 2026 |
| Volume | 334,124 |
| Open | 39.71 |
| Previous Close | 39.77 |
| Day's Range | 38.77 - 39.75 |
| 52-Week Range | 34.66 - 43.22 |
| Beta | 0.87 |
| Analysts | Buy |
| Price Target | 48.33 (+23.61%) |
| 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... [Read more]
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%.
Financial StatementsAnalyst 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 23.61% from the latest price.
News
First Merchants Earnings Call Transcript: Q1 2026
Q1 results reflect strong adjusted earnings, successful First Savings integration, and robust capital. Loan growth is expected to accelerate, margin to improve, and fee income to rise, with stable asset quality and continued share repurchases supporting 2026 outlook.
First Merchants reports Q1 adjusted EPS $1.03, consensus 97c
Reports Q1 tangible book value per share $29.34. Reports Q1 CET1 capital ratio 11.22%. “First Merchants (FRME) delivered a strong start to 2026, highlighted by solid adjusted earnings growth, expandin...
First Merchants Corporation Announces First Quarter 2026 Results
MUNCIE, Ind., April 22, 2026 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME) (the "Corporation") First Quarter 2026 Highlights: Net income available to common stockholders was $27.7 mi...
First Merchants Corporation Announces Cash Dividend on Its Preferred Stock
MUNCIE, Ind., April 16, 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, ...
First Merchants Corporation to Report First Quarter 2026 Financial Results, Host Conference Call and Webcast
MUNCIE, Ind., April 02, 2026 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq: FRME) will release its first quarter 2026 financial results on Wednesday, April 22, 2026. The Corporation will hos...
First Merchants selects Spiral to power personalized savings
Spiral announced a partnership with First Merchants (FRME) Bank. The partnership will enable First Merchants Bank to strengthen its vision of enhancing the financial wellness of the diverse communitie...
First Merchants Bank Selects Spiral to Power Personalized Savings and Community Giving Through Everyday Banking
NEW YORK--(BUSINESS WIRE)-- #BankingInnovation--First Merchants Bank selects Spiral to power personalized savings and community giving through everyday banking.
First Merchants Corporation Announces Cash Dividend
MUNCIE, Ind, Feb. 10, 2026 (GLOBE NEWSWIRE) -- First Merchants Corporation declared a cash dividend on February 9, 2026 of $0.36 per common share. The dividend is payable on March 20, 2026 to common s...
First Merchants Corporation Appoints Larry Myers to Its Board of Directors
MUNCIE, Ind., Feb. 09, 2026 (GLOBE NEWSWIRE) -- First Merchants Corporation, a $21.4 billion financial holding company, announced that Larry Myers has been appointed to the Boards of Directors of Firs...
First Merchants price target raised to $49 from $46 at Piper Sandler
Piper Sandler analyst Nathan Race raised the firm’s price target on First Merchants (FRME) to $49 from $46 and keeps an Overweight rating on the shares. The firm is also…
First Merchants completes legal closing of First Savings Financial merger
First Merchants (FRME) and First Savings Financial (FSFG) have finalized a merger of the two companies. Following regulatory approvals last month, the companies consummated their legal closing through...
First Merchants Earnings Call Transcript: Q4 2025
Record net income, assets, and loan growth were achieved in 2025, with strong operating leverage and robust asset quality. The First Savings Group acquisition will close in early 2026, supporting further growth, while efficiency and capital ratios remain strong.
First Merchants reports Q4 adjusted EPS 98c, consensus 95c
Reports Q4 revenue $178.36M, consensus $172.93M. Reports Q4 tangible book value per share $30.18. Reports Q4 CET1 capital ratio 11.7%. Reports Q4 net charge-offs .18%. “First Merchants (FRME) delivere...
First Merchants Corporation to Report Fourth Quarter 2025 Financial Results, Host Conference Call and Webcast
MUNCIE, Ind., Jan. 06, 2026 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq: FRME) will release its fourth quarter 2025 financial results on Monday, January 26, 2026.
First Merchants price target lowered to $46 from $48 at Piper Sandler
Piper Sandler lowered the firm’s price target on First Merchants (FRME) to $46 from $48 and keeps an Overweight rating on the shares. Following solid Q3 results with in-line PPNR…
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 Earnings Call Transcript: Q3 2025
Q3 saw robust loan and deposit growth, with net income up 23.5% year-over-year and stable margins. The First Savings acquisition will expand SBA lending and fee income, while capital and credit metrics remain strong. Focus remains on organic growth and integration.
First Merchants reports Q3 EPS 98c, consensus 96c
Reports Q3 adjusted revenue $172.35M, consensus $172.58M. Reports Q3 tangible book value per share $29.08. Reports Q3 CET1 capital ratio 11.34%. “Our strong year-to-date balance sheet and earnings per...
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 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 price target raised to $50 from $49 at Keefe Bruyette
Keefe Bruyette raised the firm’s price target on First Merchants (FRME) to $50 from $49 and keeps an Outperform rating on the shares. The company’s First Savings Financial acquisition is…
First Merchants downgraded to Market Perform from Outperform at Raymond James
Raymond James downgraded First Merchants (FRME) to Market Perform from Outperform without a price target following the announcement to acquire First Savings Financial. While the deal creates entry int...
First Merchants, First Savings to merge in $241.3M all-stock transaction
First Merchants Corporation (FRME) and First Savings Financial Group (FSFG) entered into a definitive merger agreement pursuant to which First Savings will merge with and into First Merchants in an…
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...