Logo image of FRME

FIRST MERCHANTS CORP (FRME) Stock Price, Quote, News and Overview

NASDAQ:FRME - Nasdaq - US3208171096 - Common Stock - Currency: USD

36.935  -0.07 (-0.2%)

FRME Quote, Performance and Key Statistics

FIRST MERCHANTS CORP

NASDAQ:FRME (5/6/2025, 11:44:09 AM)

36.935

-0.07 (-0.2%)

Sector
GICS SectorFinancials
GICS IndustryBanks
GICS IndustryGroupBanks
GICS SubIndustryRegional Banks
Statistics
52 Week High46.13
52 Week Low30.55
Market Cap2.14B
Shares57.81M
Float56.90M
Yearly Dividend1.42
Dividend Yield3.9%
PE11.09
Fwd PE8.85
Earnings (Next)07-23 2025-07-23/bmo
IPO06-20 1989-06-20


FRME short term performance overview.The bars show the price performance of FRME in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0 5 -5 -10 -15

FRME long term performance overview.The bars show the price performance of FRME in the last 1, 2 and 3 years. 1 year 2 years 3 years 0 10 -10 20 30

The current stock price of FRME is 36.935 USD. In the past month the price increased by 3.81%. In the past year, price increased by 3.15%.

FIRST MERCHANTS CORP / FRME Daily stock chart

FRME Competitors/Peers

The largest stocks on the US markets in the "Regional Banks" sub-industry
Full List
Symbol
Company Name
TA
FA
PE
Market Cap
TFC TRUIST FINANCIAL CORP 10.7 51.29B
HBANL HUNTINGTON BANCSHARES - HBAN 6 7/8 PERP 19.51 37.24B
HBANM HUNTINGTON BANCSHARES - HBAN 5.7 PERP 17.63 33.66B
MTB M & T BANK CORP 11.7 28.39B
HBANP HUNTINGTON BANCSHARES - HBAN 4 1/2 PERP 13.66 26.08B
HBAN HUNTINGTON BANCSHARES INC 11.42 21.80B
RF REGIONS FINANCIAL CORP 9.88 18.83B
CFG CITIZENS FINANCIAL GROUP 12.19 16.81B
VLYPN VALLEY NATIONAL BANCORP - VLY 8 1/4 PERP 40.6 14.10B
VLYPP VALLEY NATIONAL BANCORP - VLY 6 1/4 PERP 40.32 14.00B
VLYPO VALLEY NATIONAL BANCORP - VLY 8.43172 PERP 40.21 13.96B
EWBC EAST WEST BANCORP INC 10.49 12.04B

About FRME

Company Profile

FRME logo image 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 2,120 full-time employees. The firm has one full-service bank charter, First Merchants Bank (the Bank). The Bank also operates as First Merchants Private Wealth Advisors (as a division of First Merchants Bank). Through the Bank, the Company offers a broad range of commercial and consumer banking services to meet the diverse needs of its customers. Its commercial banking team offers a full spectrum of debt capital, treasury management services and depository products. The consumer banking group offers a variety of consumer deposit and lending products. The mortgage banking team offers consumer mortgage solutions to assist with the purchase, refinance, construction or renovation of residential properties. Private Wealth Advisors offers personal wealth management services with expertise in investment management, private banking, fiduciary estate and financial planning. The Bank includes about 110 banking locations in Indiana, Ohio, and Michigan.

Company Info

FIRST MERCHANTS CORP

200 E Jackson St, Po Box 792

Muncie INDIANA 47305 US

CEO: Mark K. Hardwick

Employees: 2120

FRME Company Website

FRME Investor Relations

Phone: 17657471500

FIRST MERCHANTS CORP / FRME FAQ

What is the stock price of FIRST MERCHANTS CORP today?

The current stock price of FRME is 36.935 USD. The price decreased by -0.2% in the last trading session.


What is the ticker symbol for FIRST MERCHANTS CORP stock?

The exchange symbol of FIRST MERCHANTS CORP is FRME and it is listed on the Nasdaq exchange.


On which exchange is FRME stock listed?

FRME stock is listed on the Nasdaq exchange.


What is the price forecast or stock price prediction for FIRST MERCHANTS CORP stock?

12 analysts have analysed FRME and the average price target is 50.32 USD. This implies a price increase of 36.24% is expected in the next year compared to the current price of 36.935. Check the FIRST MERCHANTS CORP stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is FIRST MERCHANTS CORP worth?

FIRST MERCHANTS CORP (FRME) has a market capitalization of 2.14B USD. This makes FRME a Mid Cap stock.


How many employees does FIRST MERCHANTS CORP have?

FIRST MERCHANTS CORP (FRME) currently has 2120 employees.


What are the support and resistance levels for FIRST MERCHANTS CORP (FRME) stock?

FIRST MERCHANTS CORP (FRME) has a support level at 36.66 and a resistance level at 37.04. Check the full technical report for a detailed analysis of FRME support and resistance levels.


Is FIRST MERCHANTS CORP (FRME) expected to grow?

The Revenue of FIRST MERCHANTS CORP (FRME) is expected to grow by 6.09% in the next year. Check the estimates tab for more information on the FRME EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy FIRST MERCHANTS CORP (FRME) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does FIRST MERCHANTS CORP (FRME) stock pay dividends?

FIRST MERCHANTS CORP (FRME) has a dividend yield of 3.9%. The yearly dividend amount is currently 1.42. Check the full fundamental report for a detailed analysis of FRME dividend history, reliability and sustainability.


When does FIRST MERCHANTS CORP (FRME) report earnings?

FIRST MERCHANTS CORP (FRME) will report earnings on 2025-07-23, before the market open.


What is the Price/Earnings (PE) ratio of FIRST MERCHANTS CORP (FRME)?

The PE ratio for FIRST MERCHANTS CORP (FRME) is 11.09. This is based on the reported non-GAAP earnings per share of 3.33 and the current share price of 36.935 USD. Check the full fundamental report for a full analysis of the valuation metrics for FRME.


What is the Short Interest ratio of FIRST MERCHANTS CORP (FRME) stock?

The outstanding short interest for FIRST MERCHANTS CORP (FRME) is 1.21% of its float. Check the ownership tab for more information on the FRME short interest.


FRME Technical Analysis

ChartMill assigns a technical rating of 1 / 10 to FRME. When comparing the yearly performance of all stocks, FRME is a bad performer in the overall market: 62.92% of all stocks are doing better.


Chartmill TA Rating
Chartmill Setup Rating

FRME Fundamental Analysis

ChartMill assigns a fundamental rating of 4 / 10 to FRME. FRME has a medium profitability rating, but doesn't score so well on its financial health evaluation.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

FRME Financial Highlights

Over the last trailing twelve months FRME reported a non-GAAP Earnings per Share(EPS) of 3.33. The EPS decreased by -9.76% compared to the year before.


Industry RankSector Rank
PM (TTM) 30.85%
ROA 1.09%
ROE 8.66%
Debt/Equity 0.15
Chartmill High Growth Momentum
EPS Q2Q%10.59%
Sales Q2Q%4.31%
EPS 1Y (TTM)-9.76%
Revenue 1Y (TTM)2.8%

FRME Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 82% to FRME. The Buy consensus is the average rating of analysts ratings from 12 analysts.

For the next year, analysts expect an EPS growth of 22.04% and a revenue growth 6.09% for FRME


Ownership
Inst Owners76.44%
Ins Owners1.52%
Short Float %1.21%
Short Ratio2.21
Analysts
Analysts81.67
Price Target50.32 (36.24%)
EPS Next Y22.04%
Revenue Next Year6.09%