Open an account

First Merchants

FRME · NASDAQ

$40.11+$0.73 (+1.85%)TodayMarket closed ·
Prev close $39.38

About FRME

First Merchants Corp. (Indiana) is a bank holding company, which engages in the provision of financial services. The company is headquartered in Muncie, Indiana and currently employs 2,086 full-time employees. The company has one full-service bank charter, First Merchants Bank (the Bank). The Bank operates First Merchants Private Wealth Advisors (a division of First Merchants Bank). Through the Bank, the Company offers a broad range of commercial and consumer banking services. Its commercial banking solutions include debt capital, treasury management services and depository products. Its consumer banking solutions include consumer deposit and lending products. Its mortgage banking offers consumer mortgage solutions to assist with the purchase, refinance, construction or renovation of residential properties. Its private wealth advisors offer personal wealth management services with expertise in investment management, private banking, fiduciary estate and financial planning. The company operates approximately 111 banking locations in Indiana, Ohio, and Michigan.

Employees
2,086
Headquarters
Muncie, Indiana
Listed
Jun 20, 1989
Sector
Financials
Industry
Banks
Website
ir.firstmerchants.com

FRME key statistics

Market cap
2.52B
Price-earnings ratio
12.66
Dividend yield
3.55%
Average volume
482.72K
Volume
408.24K
Open price
$39.54
High today
$40.41
Low today
$39.54
52 Week high
$45.33
52 Week low
$34.66

First Merchants (FRME) at a glance

As of Oct 20, 2026, First Merchants (FRME) shares are priced at $40.11, giving the company a market cap of 2.52B, a price-to-earnings ratio of 12.66 and a dividend yield of 3.55%.

Today the stock has traded between $39.54 and $40.41. The current price is 1.4% above the day's low and 0.7% below its high.

Volume so far is 408.24K shares, in line with the average of 482.72K shares a day.

Over the past year First Merchants has ranged from $34.66 to $45.33, and now sits 51% of the way up that range.

First Merchants met or beat analyst EPS estimates in 6 of the last 8 quarters. In Q2 FY26 it reported $0.74 per share against an estimate of $1.05.

The average analyst price target is $47.62, 18.7% above the current price, from 2 recent ratings.

Analyst ratings

Latest rating from each analyst over the past 12 months

100%of 2 analyst ratings say Buy
  • Buy100.0%
  • Hold0.0%
  • Sell0.0%
Price target · 8 analystsAvg $47.62
Low
$39.49
Now
$40.11
High
$53.55

FRME earnings

Earnings per share, reported against the analyst estimate

Beat the estimate in 6 of the last 8 quarters, by 2.7% on average.

  1. Q3 FY24: reported $0.95 per share against an estimate of $0.9197
  2. Q4 FY24: reported $0.76 per share against an estimate of $0.9192
  3. Q1 FY25: reported $0.94 per share against an estimate of $0.9323
  4. Q2 FY25: reported $0.98 per share against an estimate of $0.958
  5. Q3 FY25: reported $0.98 per share against an estimate of $0.9795
  6. Q4 FY25: reported $0.98 per share against an estimate of $0.9705
  7. Q1 FY26: reported $1.03 per share against an estimate of $0.9454
  8. Q2 FY26: reported $0.74 per share against an estimate of $1.05

FRME news

  • Press releaseGlobe Newswire

    First Merchants Corporation Announces Second Quarter 2026 Results

  • Press releaseGlobe Newswire

    First Merchants Corporation Announces First Quarter 2026 Results

  • Press releaseBusiness Wire

    First Merchants Bank Selects Spiral to Power Personalized Savings and Community Giving Through Everyday Banking

  • Press releaseGlobe Newswire

    First Merchants Corporation Completes Legal Closing of First Savings Financial Group Merger

  • Press releaseGlobe Newswire

    First Merchants Corporation Announces Fourth Quarter 2025 Earnings Per Share

  • What to Expect from First Merchants's Earnings

  • Press releaseBusiness Wire

    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

  • Press releaseGlobe Newswire

    First Merchants Corporation Announces Third Quarter 2025 Earnings per Share

Similar companies

Companies in the same industry as First Merchants

Most active stocks

Highest trading volume today

Newly listed

Companies that went public in the past six weeks

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.