Home » Stocks » FRME

First Merchants Corporation (FRME)

Stock Price: $42.94 USD 1.43 (3.43%)
Updated Jun 21, 2021 12:57 PM EDT - Market open
Market Cap 2.26B
Revenue (ttm) 453.98M
Net Income (ttm) 163.81M
Shares Out 54.13M
EPS (ttm) 3.03
PE Ratio 14.16
Forward PE 13.35
Dividend $1.04
Dividend Yield 2.42%
Trading Day June 21
Last Price $42.94
Previous Close $41.51
Change ($) 1.43
Change (%) 3.43%
Day's Open 41.73
Day's Range 41.73 - 43.36
Day's Volume 65,807
52-Week Range 21.09 - 50.33

News

Hide News
  • All
  • Videos
  • Press Releases
  • Conversation

MUNCIE, Ind., May 11, 2021 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ: FRME) declared a cash dividend on May 11, 2021 of $0.29 per share. The dividend is payable on June 18, 2021, to shareh...

1 month ago - GlobeNewsWire

First Merchants (FRME) delivered earnings and revenue surprises of 16.67% and -1.85%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Shares of First Merchants (NASDAQ:FRME) were unchanged after the company reported Q1 results. Quarterly Results Earnings per share were up 46.77% year over year to $0.91, which beat the estimate of $0.76.

1 month ago - Benzinga

MUNCIE, Ind., April 22, 2021 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME) has reported first quarter 2021 net income of $49.5 million compared to $34.3 million during the same period ...

1 month ago - GlobeNewsWire

New York, New York--(Newsfile Corp. - April 2, 2021) - Levi & Korsinsky announces it has commenced an investigation of First Merchants Corporation (NASDAQ: FRME) concerning possible breaches of fiduciar...

2 months ago - Newsfile Corp

MUNCIE, Ind., April 01, 2021 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq:FRME) will report first quarter 2021 financial results on April 22, 2021. The Corporation will host a first quarter 2...

2 months ago - GlobeNewsWire

MUNCIE, Ind., Feb. 11, 2021 (GLOBE NEWSWIRE) -- First Merchants Corporation, a $14.1 billion financial holding company, has elected Susan Brooks and Mark Hardwick to the Board of Directors of First Merc...

4 months ago - GlobeNewsWire

MUNCIE, Ind., Feb. 10, 2021 (GLOBE NEWSWIRE) -- First Merchants Corporation declared a cash dividend on February 9, 2021 of $0.26 per share. The dividend is payable on March 19, 2021, to shareholders of...

4 months ago - GlobeNewsWire

First Merchants Corporation (FRME) CEO Mark Hardwick on Q4 2020 Results - Earnings Call Transcript

4 months ago - Seeking Alpha

First Merchants (FRME) delivered earnings and revenue surprises of 23.88% and 8.21%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

As of late, it has definitely been a great time to be an investor in First Merchants Corporation (FRME).

5 months ago - Zacks Investment Research

MUNCIE, Ind., Jan. 07, 2021 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq:FRME) will report fourth quarter 2020 financial results on January 28, 2021. The Corporation will host a fourth quarte...

5 months ago - GlobeNewsWire

With the major U.S. stock market indexes all at or near all-time highs, finding bargains in the market is difficult. However, there are some stocks still trading below their intrinsic values that pay a ...

Other stocks mentioned: ORI, RF
6 months ago - GuruFocus

Indianapolis-based trust and investment management firm holds $300 million in assets Indianapolis-based trust and investment management firm holds $300 million in assets

7 months ago - GlobeNewsWire

First Merchants' (FRME) CEO Mike Rechin on Q3 2020 Results - Earnings Call Transcript

7 months ago - Seeking Alpha

First Merchants (FRME) delivered earnings and revenue surprises of 4.69% and 0.49%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

7 months ago - Zacks Investment Research

MUNCIE, Ind., Oct. 28, 2020 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME) has reported third quarter 2020 net income of $36.2 million compared to $36.8 million during the same period i...

7 months ago - GlobeNewsWire

First Merchants (FRME) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

8 months ago - Zacks Investment Research

MUNCIE, Ind., Oct. 07, 2020 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq:FRME) will report third quarter 2020 financial results on October 28, 2020. The Corporation will host a third quarter ...

8 months ago - GlobeNewsWire

COO/CFO Mark Hardwick to become CEO; CBO Michael Stewart to become President; SVP Michele Kawiecki to become CFO COO/CFO Mark Hardwick to become CEO; CBO Michael Stewart to become President; SVP Michele...

8 months ago - GlobeNewsWire

When insiders such as members of a management team or board of directors buy shares, it's an indicator they think the company's stock price will rise.

Other stocks mentioned: BPFH, LOB, WSBC
9 months ago - The Motley Fool

First Merchants Corporation (FRME) CEO Mike Rechin on Q2 2020 Results - Earnings Call Transcript

10 months ago - Seeking Alpha

First Merchants (FRME) delivered earnings and revenue surprises of 40.91% and -0.67%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

10 months ago - Zacks Investment Research

MUNCIE, Ind., July 23, 2020 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME) has reported second quarter 2020 net income of $33 million compared to $41.1 million during the same period ...

10 months ago - GlobeNewsWire

First Merchants (FRME) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

11 months ago - Zacks Investment Research

First Merchants Corporation (FRME) CEO Michael Rechin on Q1 2020 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

Shares of First Merchants (NASDAQ:FRME) fell 3.4% after the company reported Q1 results.

1 year ago - Benzinga

First Merchants (FRME) delivered earnings and revenue surprises of 8.77% and 2.35%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

First Merchants (FRME) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 year ago - Zacks Investment Research

MUNCIE, Ind., Feb. 05, 2020 (GLOBE NEWSWIRE) -- First Merchants Corporation declared a cash dividend on February 5, 2020 of $0.26 per share.  The dividend is payable on March 20, 2020, to shareholders...

1 year ago - GlobeNewsWire

First Merchants Corporation (FRME) CEO Michael Rechin on Q4 2019 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

First Merchants (FRME) delivered earnings and revenue surprises of 4.65% and -0.30%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

First Merchants (FRME) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 year ago - Zacks Investment Research

MUNCIE, Ind., Nov. 07, 2019 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ: FRME) declared a cash dividend on November 7, 2019 of $0.26 per share.  The dividend is payable on December 20, 201...

1 year ago - GlobeNewsWire

MUNCIE, Ind., Nov. 07, 2019 (GLOBE NEWSWIRE) -- First Merchants Corporation, a $12.3 billion financial holding company, has elected H. Douglas Chaffin to the Boards of Directors of First Merchants Cor...

1 year ago - GlobeNewsWire

First Merchants Corporation (FRME) CEO Michael Rechin on Q3 2019 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

First Merchants (FRME) delivered earnings and revenue surprises of -11.25% and 1.08%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

MUNCIE, Ind., Oct. 24, 2019 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME) has reported third quarter 2019 net income of $36.8 million compared to $41.1 million during the same period...

1 year ago - GlobeNewsWire

First Merchants (FRME) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 year ago - Zacks Investment Research

MUNCIE, Ind., Aug. 20, 2019 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ: FRME) announced today that the record date for its previously declared third quarter dividend will change from Sept...

1 year ago - GlobeNewsWire

QCRH vs. FRME: Which Stock Is the Better Value Option?

Other stocks mentioned: QCRH
1 year ago - Zacks Investment Research

First Merchants Corporation (FRME) CEO Michael Rechin on Q2 2019 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

First Merchants (FRME) delivered earnings and revenue surprises of 3.75% and -2.02%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

First Merchants (FRME) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 year ago - Zacks Investment Research

First Merchants Corporation (FRME) CEO Michael Rechin on Q1 2019 Results - Earnings Call Transcript

2 years ago - Seeking Alpha

First Merchants (FRME) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 years ago - Zacks Investment Research

First Merchants Corporation entered a definitive agreement to acquire MBT Financial Corp. in October.

Other stocks mentioned: MBTF
2 years ago - Benzinga

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Merchants (FRME) have what it takes? Let's find out.

2 years ago - Zacks Investment Research

About FRME

First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans. The company also offers personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. It operates 124 banking locations in Indiana, Illinois, Ohio, and Michigan counties. The company also offers its ... [Read more...]

Industry
Banks-Regional
Founded
1893
CEO
Michael Rechin
Employees
1,907
Stock Exchange
NASDAQ
Ticker Symbol
FRME
Full Company Profile

Financial Performance

In 2020, FRME's revenue was $433.38 million, a decrease of -1.63% compared to the previous year's $440.55 million. Earnings were $148.60 million, a decrease of -9.64%.

Financial Statements

Analyst Forecasts

According to 6 analysts, the average rating for FRME stock is "Buy." The 12-month stock price forecast is 52.50, which is an increase of 22.28% from the latest price.

Price Target
$52.50
(22.28% upside)
Analyst Consensus: Buy