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USFinancial Services

First Merchants Corporation (FRME)

US · Financial Services · Banks - Regional

$40.90-0.39%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$298.0M
Revenue YoY
+14.2%
Net profit
$44.0M
Profit YoY
-22.6%
EPS
$0.74
EPS estimate
$1.03
Net margin
14.8%

EPS came in at 0.74 against a street estimate of 1.03 — a miss of 28.2%.

Key statistics

Market cap
$2.58B
P/E
13.2
Forward P/E
11.1
P/B
0.97
Book value
$42.95
EPS (TTM)
$3.11
Dividend yield
3.53%
52-week high
$44.93
52-week low
$33.40
50-day MA
$42.72
200-day MA
$40.33
Beta
0.85

Analyst view

Analysts rate First Merchants Corporation a buy (4 buy, 2 hold, 0 sell out of 6) with an average price target of $48.00.

Shareholding

Insiders
2.09%
Institutions
76.25%

Largest institutional holders

FundStake
BlackRock Inc7.80%
Dimensional Fund Advisors, Inc.5.88%
Vanguard Portfolio Management, LLC5.35%
Vanguard Capital Management, LLC4.35%
Earnest Partners LLC3.59%
State Street Corp3.57%
Geode Capital Management, LLC2.51%
The Goldman Sachs Group Inc1.81%

Recent filings & reports

DocumentDate
Company announcement · Q3 2026
FIRST MERCHANTS CORPORATION (FRME) - FORM 8-K SUMMARY HEADLINE NUMBERS • Cash dividend declared: $0.37 per common share • Dividend payment date: Sep
2026-08-14
Quarterly report · Q2 2026
FIRST MERCHANTS CORPORATION – 10-Q SUMMARY (Q2 2026) HEADLINE NUMBERS • Total Assets: $21.35 billion as of June 30, 2026 (up from $19.03 billion at
2026-07-31
Results announced · Q3 2026
FIRST MERCHANTS CORPORATION Q2 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Net income available to common stockholders: $43.5 million ($0.70 per dilute
2026-07-22
Company announcement · Q3 2026
FIRST MERCHANTS CORPORATION (FRME) - FORM 8-K SUMMARY HEADLINE NUMBERS • Quarterly cash dividend declared on 7.50% Non-Cumulative Perpetual Preferre
2026-07-13
Board / officer change · Q3 2026
FIRST MERCHANTS CORPORATION (FRME) - FORM 8-K SUMMARY OTHER NOTABLE POINTS • Board Composition Change: Dr. Mung Chiang resigned from First Merchants
2026-07-02
Quarterly report · Q1 2026
FIRST MERCHANTS CORPORATION - Q1 2026 10-Q SUMMARY HEADLINE NUMBERS • Total Assets: $21.07 billion as of March 31, 2026 (up from $19.03 billion Dece
2026-05-01
Proxy statement · Q2 2026
FIRST MERCHANTS CORPORATION PROXY STATEMENT SUMMARY CEO TOTAL COMPENSATION & CHANGE The document does not explicitly state the current CEO's total c
2026-04-03
Annual report FY2025
FIRST MERCHANTS CORPORATION – 2025 FORM 10-K SUMMARY HEADLINE NUMBERS • Consolidated assets: $19.0 billion as of December 31, 2025 • Consolidated de
2026-02-25

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Corporate actions

ActionDetailDate
Dividend$0.37 / share
ex-date Sep 4, 2026 · pay Sep 18, 2026
2026-09-04
Dividend$0.37 / share
ex-date Jun 5, 2026 · pay Jun 19, 2026
2026-06-05
Dividend$0.36 / share
ex-date Mar 6, 2026 · pay Mar 20, 2026
2026-03-06
Dividend$0.36 / share
ex-date Dec 5, 2025 · pay Dec 19, 2025
2025-12-05
Dividend$0.36 / share
ex-date Sep 5, 2025 · pay Sep 19, 2025
2025-09-05

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Data updated 2026-09-18.