First Merchants Corporation (FRME)
| Market Cap | 2.61B +12.8% |
| Revenue (ttm) | 642.19M +0.5% |
| Net Income | 184.09M -17.6% |
| EPS | 3.08 -20.0% |
| Shares Out | 62.80M |
| PE Ratio | 13.47 |
| Forward PE | 9.78 |
| Dividend | $1.48 (3.57%) |
| Ex-Dividend Date | Sep 4, 2026 |
| Volume | 473,523 |
| Open | 41.02 |
| Previous Close | 41.11 |
| Day's Range | 41.02 - 41.65 |
| 52-Week Range | 34.66 - 45.33 |
| Beta | 0.85 |
| Analysts | Buy |
| Price Target | 48.00 (+15.64%) |
| Earnings Date | Oct 21, 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 6 analysts, the average rating for FRME stock is "Buy." The 12-month stock price target is $48.0, which is an increase of 15.64% from the latest price.
News
First Merchants Corporation Announces Cash Dividend
MUNCIE, Ind., Aug. 14, 2026 (GLOBE NEWSWIRE) -- First Merchants Corporation declared a cash dividend on August 14, 2026 of $0.37 per common share. The dividend is payable on September 18, 2026 to comm...
First Merchants management to meet with Piper Sandler
Meeting to be held on August 4 hosted by Piper Sandler.
First Merchants Earnings Call Transcript: Q2 2026
Second quarter results showed strong revenue and margin growth, with adjusted pre-tax, pre-provision earnings up 7.5% sequentially. Asset quality was impacted by two large commercial credits, but overall portfolio performance remains stable. Share repurchases and integration of the First Savings acquisition support a positive outlook for the remainder of 2026.
First Merchants Slides: Q2 2026
First Merchants has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 23, 2026.
First Merchants Earnings release: Q2 2026
First Merchants released its Q2 2026 earnings on July 23, 2026, summarizing the period's financial results.
First Merchants Quarterly report: Q2 2026
First Merchants has published its Q2 2026 quarterly earnings report on July 23, 2026.
First Merchants reports Q2 adjusted EPS 74c, consensus $1.03
Reports Q2 revenue $196.1M, consensus $202.7M. Reports Q2 tangible book value per share $29.80. Reports Q2 CET1 capital ratio 11.16%. “First Merchants (FRME) continued to build momentum during the sec...
First Merchants Corporation Announces Cash Dividend on its Preferred Stock
MUNCIE, Ind., July 13, 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, r...
First Merchants Corporation to Report Second Quarter 2026 Financial Results, Host Conference Call and Webcast
MUNCIE, Ind., July 02, 2026 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq: FRME) will release its second quarter 2026 financial results on Wednesday, July 22, 2026.
First Merchants price target raised to $51 from $49 at Piper Sandler
Piper Sandler raised the firm’s price target on First Merchants (FRME) to $51 from $49 and keeps an Overweight rating on the shares. The firm adjusted targets in the Midwest…
First Merchants Bank and NCRC Announce New $2 Billion Community Benefits Agreement to Expand Impact Across the Midwest
MUNCIE, Ind., June 25, 2026 (GLOBE NEWSWIRE) -- First Merchants Bank and the National Community Reinvestment Coalition (NCRC) announced a new $2.02 billion Community Benefits Agreement (CBA), reinforc...
First Merchants Bank Recognized on Forbes' World's Best Banks 2026 List
First Merchants named to Forbes' World's Best Banks 2026, reflecting strong customer trust, service excellence and digital strength across global survey.
First Merchants Corporation Appoints Paul Fultz to Its Boards of Directors
MUNCIE, Ind., May 19, 2026 (GLOBE NEWSWIRE) -- First Merchants Corporation (the “Corporation”), a $21 billion financial holding company, has appointed Paul Fultz to the Boards of Directors of First Me...
First Merchants Transcript: AGM 2026
Record 2025 results featured $224.1 million net income and strong loan growth. All director nominees, executive compensation, and auditor ratification proposals passed. Shareholders participated in a Q&A session.
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 Slides: Q1 2026
First Merchants has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 23, 2026.
First Merchants Earnings release: Q1 2026
First Merchants released its Q1 2026 earnings on April 23, 2026, summarizing the period's financial results.
First Merchants Quarterly report: Q1 2026
First Merchants has published its Q1 2026 quarterly earnings report on April 23, 2026.
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 Proxy statement: Proxy filing
First Merchants filed a proxy statement on April 3, 2026, providing details for shareholder voting and corporate governance matters.
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...