Discover

FRME
First Merchants Corporation
42.79
1 x 42.78
1 x 42.79
bid
ask
+
0.37
0.87%
01:30 PM
timesize
Ytd14.17%
1y14.20%
42.48
day range
42.87
34.66
52 week range
45.33
Open42.52Prev Close42.42Low42.48High42.87Mkt Cap2.69B
Vol107.89KAvg Vol425.30KEPS3.17P/E13.50Forward P/E9.50
Beta0.84Short Ratio3.31Inst. Own76.25%Dividend1.48Div Yield3.46
Ex Div Date07-30Earning07-2250-d Avg42.42200-d Avg39.641yr Est48.00
Earning
DateForEstimateReportedSurprisesurprise %
2026-10-282026-091.03N/AN/AN/A
2026-07-222026-061.020.74-0.28-27.45%
2026-04-222026-030.960.46-0.5-52.08%
2026-01-262025-120.960.980.022.08%
2025-10-222025-090.960.990.032.91%
2025-07-232025-060.940.980.044.26%
Upgrade / Downgrade
DateFirmActionFromTo
2026-06-26Piper SandlerUpgradeOverweightOverweight
2026-02-04Piper SandlerUpgradeOverweightOverweight
2025-10-27Piper SandlerUpgradeOverweightOverweight
2025-09-29Stephens & Co.UpgradeEqual-WeightEqual-Weight
2025-09-26Raymond JamesDowngradeOutperformMarket Perform
2025-09-26Keefe, Bruyette & WoodsUpgradeOutperformOutperform
Profile
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.
Insider Holder
DateNameRelationQuantityDescription
2025-09-29FEHRING PATRICK JDirector120.49KStock Award(Grant)
2026-08-02HARDWICK MARK KChief Executive Officer150.53KStock Award(Grant)
2026-08-02KAWIECKI MICHELEChief Financial Officer74.41KStock Award(Grant)
2026-03-30LEHMAN GARY JDirector53.78KStock Award(Grant)
2026-08-02MARTIN JOHN JOfficer71.55KStock Award(Grant)
2026-06-29MYERS LARRY WDirector90.27KStock Award(Grant)
Institution Ownership
Report DateOrganizationPositionValuePercentage
2026-06-29Blackrock Inc.5.32M225.87M8.48%
2026-03-30Dimensional Fund Advisors LP3.60M152.54M5.73%
2026-03-30Vanguard Portfolio Management LLC3.36M142.49M5.35%
2026-03-30Vanguard Capital Management LLC2.73M115.83M4.35%
2026-06-29State Street Corporation2.55M108.23M4.06%
2026-03-30Earnest Partners LLC2.26M95.68M3.59%
Fund Ownership
Report DateOrganizationPositionValuePercentage
2026-03-30VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund1.93M82.02M3.08%
2026-06-29iShares Trust-iShares Russell 2000 ETF1.72M73.12M2.74%
2026-03-30VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund1.39M58.88M2.21%
2026-03-30VANGUARD INDEX FUNDS-Vanguard Small-Cap Value Index Fund884.20K37.51M1.41%
2026-04-29HARBOR FUNDS-Harbor Small Cap Value Fund840.48K35.65M1.34%
2026-04-29DFA INVESTMENT DIMENSIONS GROUP INC-U.S. Small Cap Value Portfolio801.08K33.98M1.28%
Dividend
DividendDate
0.372026-06-05
0.362026-03-06
0.362025-12-05
0.362025-09-05
0.362025-06-06
0.352025-03-07
Split
SplitDate
105 : 1002003-08-27
1.05 : 12003-08-26
105 : 1002002-08-28
1.05 : 12002-08-27
105 : 1002001-08-29
1.05 : 12001-08-28