Discover

FRME
First Merchants Corporation
39.00
2 x 28.26
2 x 49.89
bid
ask
-
0.59
1.49%
2 @ 04:49 PM
39.00 +0.00 (0.00%)
Ytd4.06%
1y4.56%
38.85
day range
39.52
34.99
52 week range
45.23
Open39.46Prev Close39.59Low38.85High39.52Mkt Cap2.45B
Vol436.05KAvg Vol462.61KEPS3.11P/E12.54Forward P/E8.72
Beta0.88Short Ratio6.57Inst. Own75.56%Dividend1.48Div Yield3.74
Ex Div Date09-04Earning10-2150-d Avg41.57200-d Avg40.571yr Est46.50
Earning
DateForEstimateReportedSurprisesurprise %
2026-10-212026-091.04N/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
2026-10-06Raymond JamesUpgradeMarket PerformOutperform
2026-10-05Piper SandlerUpgradeOverweightOverweight
2026-06-26Piper SandlerUpgradeOverweightOverweight
2026-02-04Piper SandlerUpgradeOverweightOverweight
2025-10-27Piper SandlerUpgradeOverweightOverweight
2025-09-29Stephens & Co.UpgradeEqual-WeightEqual-Weight
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.5.32M207.66M8.48%
2026-06-29Dimensional Fund Advisors LP3.69M143.90M5.88%
2026-06-29Vanguard Portfolio Management LLC3.40M132.71M5.42%
2026-06-29Vanguard Capital Management LLC2.72M106.11M4.33%
2026-06-29State Street Corporation2.55M99.50M4.06%
2026-06-29Earnest Partners LLC2.17M84.79M3.46%
Fund Ownership
Report DateOrganizationPositionValuePercentage
2026-06-29VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund1.90M74.25M3.03%
2026-08-30iShares Trust-iShares Russell 2000 ETF1.65M64.29M2.62%
2026-06-29VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund1.38M53.64M2.19%
2026-07-30HARBOR FUNDS-Harbor Small Cap Value Fund1.01M39.52M1.61%
2026-06-29VANGUARD INDEX FUNDS-Vanguard Small-Cap Value Index Fund869.80K33.92M1.38%
2026-07-30DFA INVESTMENT DIMENSIONS GROUP INC-U.S. Small Cap Value Portfolio841.43K32.82M1.34%
Dividend
DividendDate
0.372026-09-04
0.372026-06-05
0.362026-03-06
0.362025-12-05
0.362025-09-05
0.362025-06-06
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