First Merchants Corporation FRME
Set alert
40.59 USD -0.50 -1.22%
At close · Oct 30
40.59 0.00 0.00%
After hours · Oct 30, 4:00 PM ET
40.46 Day range 41.27
34.99 52-week range 45.23
- YTD
- +8.30%
- 1 year
- +13.51%
- Open
- 41.25
- Prev close
- 41.09
- Mkt cap
- 2.55B
- Vol
- 412.49K
- Avg vol
- 435.12K
- EPS
- 3.22
- P/E
- 12.61
- Div yield
- 3.60%
More statistics
- Low
- 40.46
- High
- 41.27
- Forward P/E
- 9.31
- Beta
- 0.88
- Short ratio
- 4.29
- Inst. own
- 75.85%
- Dividend
- 1.48
- Ex-div date
- Sep 3, 2026
- Earnings
- Jan 25, 2027
- 50-d avg
- 40.64
- 200-d avg
- 40.72
- 1y target
- 46.33
5D chart
Signals (78)
| Name | Time | Ago |
|---|---|---|
| RSI: Overbought | Oct 30, 9:30 AM | 1 day ago |
| SMA: Bullish | Oct 29, 3:50 PM | 2 days ago |
| SMA: Bearish | Oct 29, 3:45 PM | 2 days ago |
| SMA: Bullish | Oct 29, 3:35 PM | 2 days ago |
| SMA: Bullish | Oct 29, 3:35 PM | 2 days ago |
| SMA: Bearish | Oct 29, 3:30 PM | 2 days ago |
| SMA: Bearish | Oct 29, 3:30 PM | 2 days ago |
| SMA: Bullish | Oct 29, 3:00 PM | 2 days ago |
| MACD: Buy Signal | Oct 29, 2:45 PM | 2 days ago |
| SMA: Bullish | Oct 29, 2:40 PM | 2 days ago |
| SMA: Bearish | Oct 29, 12:35 PM | 2 days ago |
| SMA: Bullish | Oct 29, 12:05 PM | 2 days ago |
| SMA: Bearish | Oct 29, 11:25 AM | 2 days ago |
| SMA: Bearish | Oct 29, 10:50 AM | 2 days ago |
| MACD: Sell Signal | Oct 29, 10:40 AM | 2 days ago |
| SMA: Bearish | Oct 29, 10:10 AM | 2 days ago |
| RSI: Overbought | Oct 29, 9:30 AM | 2 days ago |
| SMA: Bullish | Oct 28, 3:45 PM | 3 days ago |
| SMA: Bullish | Oct 28, 3:45 PM | 3 days ago |
| SMA: Bearish | Oct 28, 3:25 PM | 3 days ago |
| SMA: Bearish | Oct 28, 3:10 PM | 3 days ago |
| SMA: Bullish | Oct 28, 3:05 PM | 3 days ago |
| MACD: Buy Signal | Oct 28, 2:50 PM | 3 days ago |
| SMA: Bullish | Oct 28, 2:40 PM | 3 days ago |
| RSI: Oversold | Oct 28, 2:10 PM | 3 days ago |
| MACD: Sell Signal | Oct 28, 1:50 PM | 3 days ago |
| SMA: Bearish | Oct 28, 1:40 PM | 3 days ago |
| SMA: Bearish | Oct 28, 1:15 PM | 3 days ago |
| SMA: Bullish | Oct 28, 12:35 PM | 3 days ago |
| SMA: Bullish | Oct 28, 12:05 PM | 3 days ago |
| SMA: Bearish | Oct 28, 11:45 AM | 3 days ago |
| MACD: Buy Signal | Oct 28, 11:35 AM | 3 days ago |
| RSI: Oversold | Oct 28, 11:00 AM | 3 days ago |
| SMA: Bearish | Oct 28, 10:15 AM | 3 days ago |
| SMA: Bearish | Oct 28, 9:30 AM | 3 days ago |
| MACD: Sell Signal | Oct 28, 9:30 AM | 3 days ago |
| SMA: Bearish | Oct 27, 3:50 PM | 4 days ago |
| SMA: Bullish | Oct 27, 3:40 PM | 4 days ago |
| SMA: Bearish | Oct 27, 3:35 PM | 4 days ago |
| SMA: Bullish | Oct 27, 3:15 PM | 4 days ago |
| MACD: Buy Signal | Oct 27, 3:05 PM | 4 days ago |
| SMA: Bullish | Oct 27, 2:55 PM | 4 days ago |
| SMA: Bearish | Oct 27, 1:50 PM | 4 days ago |
| MACD: Sell Signal | Oct 27, 1:45 PM | 4 days ago |
| SMA: Bullish | Oct 27, 1:15 PM | 4 days ago |
| SMA: Bearish | Oct 27, 1:05 PM | 4 days ago |
| SMA: Bullish | Oct 27, 11:40 AM | 4 days ago |
| SMA: Bearish | Oct 27, 11:10 AM | 4 days ago |
| SMA: Bullish | Oct 27, 11:05 AM | 4 days ago |
| SMA: Bearish | Oct 27, 10:55 AM | 4 days ago |
| MACD: Buy Signal | Oct 27, 10:50 AM | 4 days ago |
| SMA: Bullish | Oct 27, 10:45 AM | 4 days ago |
| SMA: Bearish | Oct 27, 9:35 AM | 4 days ago |
| SMA: Bearish | Oct 27, 9:35 AM | 4 days ago |
| MACD: Sell Signal | Oct 27, 9:35 AM | 4 days ago |
| MACD: Buy Signal | Oct 26, 4:00 PM | 5 days ago |
| SMA: Bullish | Oct 26, 3:55 PM | 5 days ago |
| SMA: Bullish | Oct 26, 3:55 PM | 5 days ago |
| MACD: Sell Signal | Oct 26, 3:45 PM | 5 days ago |
| SMA: Bearish | Oct 26, 3:40 PM | 5 days ago |
| SMA: Bullish | Oct 26, 3:10 PM | 5 days ago |
| MACD: Buy Signal | Oct 26, 3:05 PM | 5 days ago |
| SMA: Bearish | Oct 26, 2:55 PM | 5 days ago |
| SMA: Bullish | Oct 26, 2:45 PM | 5 days ago |
| SMA: Bearish | Oct 26, 2:30 PM | 5 days ago |
| SMA: Bullish | Oct 26, 2:20 PM | 5 days ago |
| SMA: Bearish | Oct 26, 2:15 PM | 5 days ago |
| MACD: Sell Signal | Oct 26, 2:00 PM | 5 days ago |
| SMA: Bearish | Oct 26, 1:35 PM | 5 days ago |
| SMA: Bullish | Oct 26, 12:35 PM | 5 days ago |
| SMA: Bullish | Oct 26, 12:35 PM | 5 days ago |
| SMA: Bearish | Oct 26, 12:25 PM | 5 days ago |
| SMA: Bullish | Oct 26, 12:00 PM | 5 days ago |
| SMA: Bearish | Oct 26, 11:20 AM | 5 days ago |
| SMA: Bullish | Oct 26, 11:15 AM | 5 days ago |
| SMA: Bearish | Oct 26, 10:40 AM | 5 days ago |
| SMA: Bullish | Oct 26, 10:35 AM | 5 days ago |
| SMA: Bearish | Oct 26, 10:30 AM | 5 days ago |
Key statistics
- Market cap
- 2.55B
- Enterprise value
- 3.42B
- Trailing P/E
- 12.61
- Forward P/E
- 9.31
- PEG ratio
- 1.40
- Price / sales
- 3.77
- Price / book
- 0.97
- EPS (TTM)
- 3.22
- Beta
- 0.88
- Dividend yield
- 3.60%
- Payout ratio
- 46.62%
- Profit margin
- 29.21%
- Revenue (TTM)
- 676.12M
- Revenue growth
- 21.00%
- Free cash flow
- 0
- Total cash
- 349.10M
- Total debt
- 1.19B
- Return on equity
- 7.82%
- Shares outstanding
- 62.80M
- Short % of float
- 4.18%
- 50-day average
- 40.64
- 200-day average
- 40.72
Analyst view
Consensus: buy
Buy
Price target (mean) 46.33 +14.1% upside
Now 40.59
- Target (low)
- 45.00
- Target (mean)
- 46.33
- Target (high)
- 48.00
Ratings (0m) 6 5 buy · 1 hold · 0 sell
- Strong buy3
- Buy2
- Hold1
- Sell0
- Strong sell0
Next earnings
Jan 25, 2027
Expected Jan 25, 2027. Consensus EPS estimate 1.00.
Financials — quick view
FRME Revenue — quarterly 163.10M
FRME Net income — quarterly 43.98M
FRME EPS — quarterly 0.70
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Jan 25, 2027 | Dec 30, 2026 | 1.00 | — | — | — |
| Oct 21, 2026 | Sep 30, 2026 | 1.04 | 1.10 | +0.06 | +5.77% |
| Jul 22, 2026 | Jun 30, 2026 | 1.02 | 0.74 | -0.28 | -27.45% |
| Apr 22, 2026 | Mar 31, 2026 | 0.96 | 0.46 | -0.50 | -52.08% |
| Jan 26, 2026 | Dec 31, 2025 | 0.96 | 0.98 | +0.02 | +2.08% |
| Oct 22, 2025 | Sep 30, 2025 | 0.962 | 0.99 | +0.03 | +2.91% |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Oct 6, 2026 | Raymond James | up | Market Perform | Outperform |
| Oct 5, 2026 | Piper Sandler | main | Overweight | Overweight |
| Jun 26, 2026 | Piper Sandler | main | Overweight | Overweight |
| Feb 4, 2026 | Piper Sandler | main | Overweight | Overweight |
| Oct 27, 2025 | Piper Sandler | main | Overweight | Overweight |
| Sep 29, 2025 | Stephens & Co. | reit | Equal-Weight | Equal-Weight |
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.
- Sector
- Financial Services
- Industry
- Banks - Regional
- Country
- United States
- Website
- firstmerchants.com
News
- First Merchants: 3 Key Takeaways for Long-Term Investors
- The Clock Is Ticking: 3 High-Yield Dividend Stocks With Deadlines This Week
- First Merchants Corporation (FRME) Q3 2026 Earnings Call Transcript
- First Merchants Q3 Earnings Call Highlights
- First Merchants Q3 2026 Earnings Call Transcript
- Compared to Estimates, First Merchants (FRME) Q3 Earnings: A Look at Key Metrics
- First Merchants (FRME) Q3 Earnings and Revenues Top Estimates
- First Merchants Q3 Adj. EPS $1.10 Beats $1.04 Estimate, Sales $199.073M Miss $203.599M Estimate
- First Merchants Corporation Announces Third Quarter 2026 Results
- Head-To-Head Comparison: Esquire Financial (NASDAQ:ESQ) vs. First Merchants (NASDAQ:FRME)
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| FEHRING PATRICK J | Director | Stock Award(Grant) | Sep 29, 2025 | 120,485 |
| HARDWICK MARK K | Chief Executive Officer | Stock Award(Grant) | Aug 2, 2026 | 150,525 |
| KAWIECKI MICHELE | Chief Financial Officer | Stock Award(Grant) | Aug 2, 2026 | 74,412 |
| LEHMAN GARY J | Director | Stock Award(Grant) | Mar 30, 2026 | 53,775 |
| MARTIN JOHN J | Officer | Stock Award(Grant) | Aug 2, 2026 | 71,549 |
| MYERS LARRY W | Director | Stock Award(Grant) | Jun 29, 2026 | 90,269 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Blackrock Inc. | 8.48% | 5,324,728 | 216.13M | Jun 29, 2026 |
| Dimensional Fund Advisors LP | 5.88% | 3,689,776 | 149.77M | Jun 29, 2026 |
| Vanguard Portfolio Management LLC | 5.42% | 3,402,832 | 138.12M | Jun 29, 2026 |
| Vanguard Capital Management LLC | 4.33% | 2,720,680 | 110.43M | Jun 29, 2026 |
| State Street Corporation | 4.06% | 2,551,308 | 103.56M | Jun 29, 2026 |
| Earnest Partners LLC | 3.46% | 2,174,024 | 88.24M | Jun 29, 2026 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund | 3.03% | 1,903,958 | 77.28M | Jun 29, 2026 |
| iShares Trust-iShares Russell 2000 ETF | 2.66% | 1,668,550 | 67.73M | Sep 29, 2026 |
| VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund | 2.19% | 1,375,470 | 55.83M | Jun 29, 2026 |
| HARBOR FUNDS-Harbor Small Cap Value Fund | 1.61% | 1,013,346 | 41.13M | Jul 30, 2026 |
| VANGUARD INDEX FUNDS-Vanguard Small-Cap Value Index Fund | 1.38% | 869,799 | 35.31M | Jun 29, 2026 |
| DFA INVESTMENT DIMENSIONS GROUP INC-U.S. Small Cap Value Portfolio | 1.34% | 841,426 | 34.15M | Jul 30, 2026 |