NASDAQ : FRMEP

First Merchants Corporation

$25.61 USD

$0.01 (0.02%)

Volume
1
Average Volume
1.27K
Market Capitalization
$2.81B
P/E Ratio
13.08
Dividend Yield
3.25%
Price Target
Year High
$27.09
Year Low
$24.73
Day High
Day Low
Payout Ratio
$0.44
Current Ratio
$6.04
Company Overview

NASDAQ

Mark K. Hardwick

Banks - Regional

Financial Services

FRMEP

2086

US

USD

765 747 1500

320817208

0000712534

Liquidity Metrics

0.62

6.04

6.04

0.38

0.44

Sales & Valuation

$1.05B

2.67

1.02

10.02

4.60

Profitability

$3.88

$226M

18.90%

21.20%

8.03%

0.94%

P/E Metrics

13.08

-2.92

-2.92

Analyst Price Target & Rating

Buy

4/5

8 Analysts

%

Poll Results

About First Merchants Corporation (NASDAQ:FRMEP) Stock

First Merchants Corporation functions as the parent company for First Merchants Bank, which delivers a comprehensive suite of community banking services. Through its banking operations, the corporation accepts various forms of deposits, including checking, savings, and time accounts. It also provides a diverse range of lending options, such as consumer, commercial, agri-business, and real estate mortgage loans, alongside public finance solutions. Additionally, First Merchants offers specialized financial services including personal and corporate trust management, brokerage services, and private wealth management. Corporate clients can also utilize facilities like letters of credit, repurchase agreements, and other tailored business services. The company maintains a substantial physical pre ... sence with 109 banking locations spread across counties in Indiana, Illinois, Ohio, and Michigan. Moreover, it ensures convenient access to its services through modern electronic and mobile banking platforms. First Merchants Corporation traces its origins back to 1893 and is presently headquartered in Muncie, Indiana.

First Merchants Corporation Announces Cash Dividend on its Preferred Stock

2026-07-13 16:05:00

MUNCIE, Ind., July 13, 2026 (GLOBE NEWSWIRE) -- First Merchants Corporation has declared a quarterly cash dividend of $46.88 per share on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A, represented by depositary shares (NASDAQ: FRMEP) each representing a 1/100th interest in a share of the Series A preferred stock. Holders of depositary shares will receive $0.4688 per depositary share. The dividend will be payable on August 14, 2026, to stockholders of record on July 30, 2026.

First Merchants Corporation (FRME) Q1 2026 Earnings Call Transcript

2026-04-23 17:51:36

First Merchants Corporation (FRME) Q1 2026 Earnings Call Transcript

Frequently Asked Questions

What is the current First Merchants Corporation (FRMEP) stock price?

First Merchants Corporation(NASDAQ:FRMEP) stock price is $25.61 in the last trading session. During the trading session, FRMEP stock reached the peak price of $27.09 while $24.73 was the lowest point it dropped to. The percentage change in FRMEP stock occurred in the recent session was 0.02% while the dollar amount for the price change in FRMEP stock was $0.01.

FRMEP's industry and sector of operation?

The NASDAQ listed FRMEP is part of Banks - Regional industry that operates in the broader Financial Services sector.

Who are the executives of FRMEP?

Michael C. Rechin | Advisor & Vice Chair
Michael J. Stewart | President
Mark K. Hardwick | Chief Executive Officer & Director
John J. Martin | Executive Vice President & Chief Credit Officer
Brian T. Hunt | Secretary & Legal Counsel

How many employees does FRMEP have?

Number of FRMEP employees currently stands at 2086. FRMEP operates from 200 East Jackson Street, Muncie, IN 47305-2814, US.

Link for FRMEP official website?

Official Website of FRMEP is: https://www.firstmerchants.com

How do I contact FRMEP?

FRMEP could be contacted at phone #765 747 1500 and can also be accessed through its website. FRMEP operates from 200 East Jackson Street, Muncie, IN 47305-2814, US.

How many shares of FRMEP are traded daily?

The average number of FRMEP shares traded daily for last 3 months was 1.27K.

What is the market cap of FRMEP currently?

The market value of FRMEP currently stands at $2.81B with its latest stock price at $25.61