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First Merchants Corporation (FRME)

Profile

Full Name

First Merchants Corporation

Ticker

NASDAQ: FRME

Exchange

NASDAQ

Sector

Financial Services

Industry

Regional Banks

Country

United States

IPO

June 20, 1989

Indexes

Not included

Website

http://www.firstmerchants.com

Employees

2120

Key Details

Price

$39.66(-0.97%)

Market cap

$2.27B(Mid cap)

Last Dividend

$0.36

TTM Dividend yield

3.56%

Annual revenue

$626.71M(-3.73% YoY)

Annual EPS

$3.41(-8.58% YoY)

PE ratio

10.27

Next earnings date

Oct 30, 2025

Next ex-dividend date

N/A

Next split date

N/A

Quick Search

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    See Full Chart & Historical Data

    Analyst ratings

    Price

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    Current Price

    $39.66
    FRME price is $39.66

    30-Day Relative Volume

    0.68
    FRME 30-day relative volume is 0.68

    Price Performance

    Price Today change

    -0.97%
    FRME price is down -0.97% today

    Price YTD change

    -0.58%
    FRME price is down -0.58% since January 1st

    Price 1-year change

    -1.59%
    FRME price is down -1.59% year-on-year

    Price 3-year change

    -4.5%
    FRME price is down -4.5% over the past 3 years

    Price Range

    Price All-time high

    $50.65
    FRME price is currently -21.70% below its historical high of $50.65

    Price 3-year low

    $24.52
    FRME price is currently +61.75% above its 3-year low

    Capitalization

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    Market cap

    Market cap

    $2.27B
    FRME market capitalization is $2.27 billion

    Market cap 3-year change

    -7.39%
    FRME market capitalization is down -7.39% over the past 3 years

    Market cap All-time high

    $2.72B
    FRME market capitalization is currently -16.48% below its historical high of $2.72 billion

    Market cap sector rank

    69.2%
    FRME market capitalization is higher than 69.2% of companies in Financial Services sector

    Shares Outstanding

    Shares Outstanding 1-Year Change

    -1.33%
    FRME shares outstanding is down -1.33% year-on-year

    Shares Outstanding 3-Year Change

    -3.03%
    FRME shares outstanding is down -3.03% over the past 3 years

    Technical Indicators

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    Beta

    0.93
    FRME beta is 0.93

    200-day SMA

    $39.90
    FRME price is currently -0.60% below its 200-day simple moving average

    50-day SMA

    $38.68
    FRME price is currently +2.54% above its 50-day simple moving average

    RSI

    49.02
    FRME 14-day relative strength index is 49.02

    Volume

    0.68
    FRME 30-day relative volume is 0.68

    ATR

    $1.17
    FRME average true range is $1.17

    10-day Historical Volatility

    22.89%
    FRME 10-day historical volatility is 22.89%

    Dividend

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    Events

    Last Paid Dividend

    $0.36
    FRME last dividend was $0.36 per share, with an ex-dividend date of June 6, 2025

    Next Dividend

    -
    FRME next dividend has not yet been announced

    Dividend per share

    Dividend per share

    $1.39
    FRME annual dividend per share is $1.39

    Dividend per share Sector Rank

    68.93%
    FRME annual dividend per share is higher than 68.93% of companies in Financial Services sector

    Dividend per share 1-Year Change

    +3.73%
    FRME annual dividend per share is up +3.73% year-on-year

    Dividend per share 3-Year Change

    +23.01%
    FRME annual dividend per share is up +23.01% over the past 3 years

    Dividend yield

    Dividend yield

    3.50%
    FRME annual dividend yield is 3.50%

    Dividend yield Sector Rank

    38.64%
    FRME annual dividend yield is higher than 38.64% of companies in Financial Services sector

    Other

    Payout ratio

    41.46%
    FRME annual payout ratio is 41.46%

    Dividends paid

    $83.50M
    FRME annual dividends paid is $83.50 million

    Free cash flow

    $266.21M
    FRME annual free cash flow is $266.21 million

    Income Statement

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    Revenue

    Revenue

    $626.71M
    FRME annual revenue is $626.71 million

    Revenue Analysts estimate

    $682.30M
    FRME annual revenue is currently -8.15% lower than the consensus analysts' forecast

    Revenue 1-year change

    -3.73%
    FRME annual revenue is down -3.73% year-on-year

    Revenue Sector rank

    71.8%
    FRME annual revenue is higher than 71.8% of companies in Financial Services sector

    EPS

    EPS

    $3.41
    FRME annual earnings per share is $3.41

    EPS Analysts estimate

    $3.82
    FRME annual earnings per share is currently -10.73% lower than the consensus analysts' forecast

    EPS 1-year change

    -8.58%
    FRME annual earnings per share is down -8.58% year-on-year

    EPS Sector rank

    74.5%
    FRME annual earnings per share is higher than 74.5% of companies in Financial Services sector

    Profit

    Gross profit

    -
    FRME annual gross profit value is unknown

    Gross margin

    -
    FRME annual gross profit margin value is unknown

    Operating profit

    -
    FRME annual operating income value is unknown

    Operating margin

    -
    FRME annual operating profit margin value is unknown

    Net income

    $201.40M
    FRME annual net profit is $201.40 million

    Net margin

    32.14%
    FRME annual net profit margin is 32.14%

    Expenses

    Total expenses

    -
    FRME annual total expenses value is unknown

    Operating expenses

    $270.84M
    FRME annual total operating expenses is $270.84 million

    Cost of goods sold

    -
    FRME annual cost of goods sold value is unknown

    Selling, general & administrative expenses

    $243.59M
    FRME annual SGA is $243.59 million

    Depreciation and amortization

    $26.85M
    FRME annual depreciation & amortization is $26.85 million

    Interest expense

    -
    FRME annual interest expense value is unknown

    Income tax

    $30.33M
    FRME annual income tax is $30.33 million

    EBIT & EBITDA

    EBIT

    $658.62M
    FRME annual earnings before interest & taxes is $658.62 million

    EBITDA

    $685.47M
    FRME annual EBITDA is $685.47 million

    Balance Sheet

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    Assets

    Total assets

    $18.31B
    FRME annual total assets is $18.31 billion

    Non current assets

    $17.39B
    FRME annual long term assets is $17.39 billion

    Current assets

    $1.86B
    FRME annual total current assets is $1.86 billion

    Cash and cash equivalents

    $386.51M
    FRME annual cash & cash equivalents is $386.51 million

    Accounts receivable

    $91.83M
    FRME annual accounts receivable is $91.83 million

    Inventory

    -
    FRME annual inventory value is unknown

    Liabilities

    Total liabilities

    $16.01B
    FRME annual total liabilities is $16.01 billion

    Long term liabilities

    $15.44B
    FRME annual total long term liabilities is $15.44 billion

    Current liabilities

    $258.20M
    FRME annual total current liabilities is $258.20 million

    Accounts payable

    $16.10M
    FRME annual accounts payable is $16.10 million

    Debt

    Total debt

    $916.08M
    FRME annual total debt is $916.08 million

    Total debt 1-year change

    +5.12%
    FRME annual total debt is up +5.12% year-on-year

    Long term debt

    $916.08M
    FRME annual long term debt is $916.08 million

    Short term debt

    -
    FRME annual short term debt value is unknown

    Equity & Capital

    Shareholders equity

    $2.30B
    FRME annual stockholders equity is $2.30 billion

    Book value

    $2.28B
    FRME annual book value is $2.28 billion

    Retained earnings

    $1.27B
    FRME annual retained earnings is $1.27 billion

    Working capital

    $1.61B
    FRME annual working capital is $1.61 billion

    Cash Flow Statement

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    Cashflow Activities

    Cash from operations

    $266.21M
    FRME annual cash flow from operations is $266.21 million

    Cash from operations 1-year change

    +2.85%
    FRME annual cash flow from operations is up +2.85% year-on-year

    Cash from investing

    -$252.42M
    FRME annual cash flow from investing activities is -$252.42 million

    Cash from investing 1-year change

    +26.71%
    FRME annual cash flow from investing activities is up +26.71% year-on-year

    Cash from financing

    -$38.82M
    FRME annual cash flow from financing activities is -$38.82 million

    Cash from financing 1-year change

    -151.32%
    FRME annual cash flow from financing activities is down -151.32% year-on-year

    CAPEX

    CAPEX

    -
    FRME annual capital expenditures value is unknown

    CAPEX 1-year change

    -
    FRME annual capital expenditures 1-year change is unknown

    Free Cash Flow

    Free cash flow

    $266.21M
    FRME annual free cash flow is $266.21 million

    Free cash flow 1-year change

    +2.85%
    FRME annual free cash flow is up +2.85% year-on-year

    Profitability Ratios

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    Margins

    Gross margin

    -
    FRME annual gross profit margin value is unknown

    Operating margin

    -
    FRME annual operating profit margin value is unknown

    Net margin

    32.14%
    FRME annual net profit margin is 32.14%

    ROA & ROE

    ROA

    1.10%
    FRME annual return on assets is 1.10%

    ROE

    8.85%
    FRME annual return on equity is 8.85%

    Valuation

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    PE Ratio

    PE ratio

    10.27
    FRME price to earnings ratio is 10.27

    PE ratio Sector rank

    19.09%
    FRME price to earnings ratio is higher than 19.09% of companies in Financial Services sector

    PB Ratio

    PB ratio

    0.98
    FRME price to book ratio is 0.98

    PB ratio Sector rank

    34.04%
    FRME price to book ratio is higher than 34.04% of companies in Financial Services sector

    PS Ratio

    PS ratio

    3.56
    FRME price to sales ratio is 3.56

    PS ratio Sector rank

    62.14%
    FRME price to sales ratio is higher than 62.14% of companies in Financial Services sector

    Enterprise value

    Enterprise value

    $2.93B
    FRME enterprise value is $2.93 billion

    Enterprise value Sector rank

    69.79%
    FRME enterprise value is higher than 69.79% of companies in Financial Services sector

    EV/EBITDA

    EV/EBITDA

    -
    FRME EV/EBITDA value is unknown

    EV/EBITDA Sector rank

    -
    FRME EV/EBITDA is unknown

    Financial Health

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    Liquidity

    Current ratio

    7.22
    FRME annual current ratio is 7.22

    Quick ratio

    -
    FRME annual quick ratio value is unknown

    Leverage

    Debt to equity

    0.40
    FRME annual debt to equity ratio is 0.40

    Interest coverage ratio

    -
    FRME annual interest coverage ratio value is unknown

    Risk & Stability

    Piotroski F-Score

    -
    FRME piotroski f-score value is unknown

    Altman Z-Score

    0.44
    FRME altman z-score is 0.44

    Analyst ratings

    Recent major analysts updates

    Apr 28, 25 Raymond James
    Outperform
    Apr 28, 25 Piper Sandler
    Overweight
    Apr 25, 25 Keefe, Bruyette & Woods
    Outperform
    Apr 2, 25 Raymond James
    Outperform
    Jan 31, 25 Raymond James
    Outperform
    Jan 31, 25 Piper Sandler
    Overweight
    Jan 31, 25 Keefe, Bruyette & Woods
    Outperform
    Dec 4, 24 Keefe, Bruyette & Woods
    Outperform
    Oct 28, 24 Piper Sandler
    Overweight
    Aug 28, 24 Keefe, Bruyette & Woods
    Outperform

    Institutional Ownership

    Screeners with FRME included

    Mid cap stocks
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    Companies with growing dividends
    • What is the ticker symbol for First Merchants Corporation?
    • Does First Merchants Corporation pay dividends?
    • What sector is First Merchants Corporation in?
    • What industry is First Merchants Corporation in?
    • What country is First Merchants Corporation based in?
    • When did First Merchants Corporation go public?
    • Is First Merchants Corporation in the S&P 500?
    • Is First Merchants Corporation in the NASDAQ 100?
    • Is First Merchants Corporation in the Dow Jones?
    • When was First Merchants Corporation's last earnings report?
    • When does First Merchants Corporation report earnings?

    What is the ticker symbol for First Merchants Corporation?

    The ticker symbol for First Merchants Corporation is NASDAQ:FRME

    Does First Merchants Corporation pay dividends?

    Yes, First Merchants Corporation pays dividends. The last payment was $0.36, with an ex-dividend date on June 6, 2025

    What sector is First Merchants Corporation in?

    First Merchants Corporation is in the Financial Services sector

    What industry is First Merchants Corporation in?

    First Merchants Corporation is in the Regional Banks industry

    What country is First Merchants Corporation based in?

    First Merchants Corporation is headquartered in United States

    When did First Merchants Corporation go public?

    First Merchants Corporation's initial public offering (IPO) was on June 20, 1989

    Is First Merchants Corporation in the S&P 500?

    No, First Merchants Corporation is not included in the S&P 500 index

    Is First Merchants Corporation in the NASDAQ 100?

    No, First Merchants Corporation is not included in the NASDAQ 100 index

    Is First Merchants Corporation in the Dow Jones?

    No, First Merchants Corporation is not included in the Dow Jones index

    When was First Merchants Corporation's last earnings report?

    First Merchants Corporation's most recent earnings report was on July 23, 2025

    When does First Merchants Corporation report earnings?

    The next expected earnings date for First Merchants Corporation is October 30, 2025
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