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First Merchants Corporation (FRME)

NMS · Financial Services · Banks - Regional

$42.09 +2.14%

Closing price as of 2026-06-12 · Source: TEK2day Finance

1-Year Price History +16.8% over period
$43$40$38$36$34 2025-062025-092025-122026-032026-06

Key Metrics

Market Cap
$2.65B
Shares Outstanding
63.0M
P/S (TTM)
4.0x
P/E (TTM)
12.4x
Exchange
NMS
Currency
USD

About First Merchants Corporation

First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides commercial and consumer banking services. The company offers a range of financial services, including checking, savings, and deposit products; debit and credit cards; mortgages, refinance, construction or renovation of residential properties, agricultural lending, treasury management services and depository products. It also provides personal and commercial wealth management services, brokerage, investment management, private banking, fiduciary estate, and financial planning services. The company operates banking locations in Indiana, Ohio, and Michigan counties. It offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.

Quarterly Financials

Metric2025-06-302025-09-302025-12-312026-03-31
Revenue164.3M166.1M172.2M157.1M
Net Income56.8M56.8M57.1M28.2M
Diluted EPS$0.98$0.98$0.99$0.45

Annual Financials

Metric2022-12-312023-12-312024-12-312025-12-31
Revenue628.1M651.0M626.7M662.9M
Net Income222.1M223.8M201.4M226.0M
Diluted EPS$3.81$3.73$3.41$3.88
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