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First Merchants Corporation (FRME)

NASDAQ · Financial Services

$44.32-0.61%

As of Jul 20, 2026

Price history

Key statistics

Market cap
$2.73B
P/E ratio
EPS
Volume
425,109
52-week high
52-week low
Open
$44.59
Day high
$44.59
Day low
$44.02

Financial highlights

Fiscal yearRevenueNet incomeEPS
2025$226M$3.88
2024$201.4M$3.41
2023$223.79M$3.73
2022$222.09M$3.81
2021$205.53M$3.81

About First Merchants Corporation

First Merchants Corporation operates as a financial holding entity, primarily conducting its business through its subsidiary, First Merchants Bank. This institution delivers a full spectrum of community banking solutions. It accepts various types of deposits, including term, savings, and checking accounts. The company also extends a wide array of lending products, such as consumer, commercial, agricultural business, and real estate mortgage loans, in addition to public finance options. Beyond standard banking, First Merchants provides personal and corporate trust services, brokerage capabilities, and private wealth management. Its corporate offerings further include letters of credit, repurchase agreements, and other specialized financial services. The company maintains a network of 109 physical banking locations situated across counties in Indiana, Illinois, Ohio, and Michigan. Furthermore, it offers convenient access to its services via electronic and mobile platforms. First Merchants Corporation was established in 1893 and is headquartered in Muncie, Indiana.

CEO
Mark K. Hardwick
Employees
2,086
Country
US
IPO date
Jun 20, 1989

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Frequently asked questions

What is First Merchants Corporation's stock price today?
FRME is trading at $44.32 as of Jul 20, 2026.
What is First Merchants Corporation's market cap?
First Merchants Corporation (FRME) has a market capitalization of $2.73B.
Does First Merchants Corporation pay a dividend?
Yes. In FY2025, First Merchants Corporation paid $1.43 per share in dividends.
What sector is First Merchants Corporation in?
First Merchants Corporation operates in the Financial Services sector.