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First Merchants Corporation

Ticker: FRME ISIN: US3208171096
Add to portfolio Portfolio analysis in 2min
Stock Mid-cap Dividend payer Trading above 200-day average Near 52-week high
Market cap
$2.27B
P/E
12.86
Forward P/E
11.10
Profit margin
30.27%
Revenue growth QoQ
-5.20%
Div. yield
3.57%
Beta
1.02
$41.68 0.29%
Price as of 2026-08-26 · NASDAQ

Performance by timeframe

Rolling returns
1 Month -2.32%
6 Months +3.25%
1 Year +4.41%
5 Years +3.50% p.a.+18.78%
10 Years +7.56% p.a.+107.09%
Since inception +5.50% p.a.+281.15%
Calendar year returns
YTD +13.30%
2025 -2.55%
2024 +11.83%
2023 -5.82%
2022 +1.11%
2021 +14.99%

Key stats

Market cap
2.27B
P/E
12.86
Dividend yield
3.57%
Beta
1.02
52-week range
30.02 - 45.76
50-day MA
41.50
200-day MA
36.93
Section 1

Business overview

Company profile data from fundamentals.

First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. The company offers a range of financial services, including time, savings, and demand deposits; and consumer, commercial, agri-business, public finance, and real estate mortgage loans. It also provides personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. The company operates banking locations in Indiana, Illinois, Ohio, and Michigan counties. It also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.

Sector Financial Services
Industry Banks - Regional
Country United States
Exchange NASDAQ
Section 2

Financial quality

Profitability and balance-sheet quality indicators from reported fundamentals.

Profitability

ROE 8.17%
ROA 0.99%
Profit margin 30.27%
Operating margin 41.58%
PEG ratio 2.68
Revenue/share TTM 10.11
Revenue TTM 593.09M
Gross profit TTM 611.39M
Beta 1.02

Valuation

Trailing P/E 12.86
Forward P/E 11.10
P/B 1.01
P/S 3.83
EV/EBITDA 0.00
EV/Revenue 5.19
Section 3

Earnings

Earnings metrics from company highlights and earnings datasets.

EPS estimate (current year) 3.38
Quarterly earnings growth -10.80%
Revenue TTM 593.09M
Reported quarters 119
Section 4

Dividends & corporate actions

Dividend and split fields from fundamentals.

Dividend yield 3.57%
Forward annual div. yield 3.57%
Dividend per share 1.3800
Payout ratio 42.90%
Ex-dividend date 2024-12-06
Split factor 105:100
Last split date 2003-08-27
Section 5

Ownership / analyst view

Institutional ownership and analyst estimate fields when available.

Analyst

Analyst target price $45.17
Analyst rating 3.8333

Ownership & short interest

Shares outstanding 58.67M
Shares float 57.79M
Institutional ownership 75.31%
Insider ownership 1.50%
Short ratio 2.25
Short % of float 0.93%

Details

Instrument metadata and source update timestamps.

Symbol FRME
Name First Merchants Corporation
Asset type STOCK
Exchange NASDAQ
Currency USD
ISIN US3208171096
Country USA
Code + exchange FRME.NASDAQ
Last price date 2025-01-07
Fundamentals updated 2025-01-08

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