COMPANY SUMMARY
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.
Financial Summary
| Share Statistics |
FRME |
Industry Median |
Percentile (All Stocks) |
| Market Cap (Mil) |
$2,521.5 |
$700.1 |
58% |
|
| Shares Out (Mil) |
62.6 |
15.4 |
53% |
|
| Institutional Ownership |
97.5% |
84.0% |
74% |
|
| Float (Mil) |
61.6 |
21.6 |
52% |
|
| Beta |
0.85 |
0.45 |
51% |
|
| Avg Daily Volume (000s) |
551 |
42 |
59% |
|
Price Change (52-week) |
6.3% |
92.2% |
58% |
|
| Growth |
FRME |
Industry Median |
Percentile (All Stocks) |
| Sales (5yr) |
8.2% |
7.7% |
51% |
|
| Net Income (5yr) |
8.7% |
11.1% |
53% |
|
| EPS (5yr) |
7.2% |
10.0% |
42 |
|
| Dividends (5yr) |
6.6% |
3.6% |
85% |
|
| Cash Flow (5yr) |
(17.2%) |
(17.1%) |
41% |
|
| Estimates |
Qtrly |
Current Fiscal Year |
Next Fiscal Year |
| # of Estimates |
6 |
6 |
6 |
| Current EPS |
$1.045 |
$3.865 |
$4.490 |
| Month Ago EPS |
$1.043 |
$3.863 |
$4.482 |
| # Rev Up |
1 |
5 |
1 |
| # Rev Down |
0 |
0 |
0 |
| Three Months Ago EPS |
$1.078 |
$4.263 |
$4.607 |
| Year/Year Chg |
49.5% |
(0.4%) |
26.3% |
| Financials |
FRME |
Industry Median |
Percentile (All Stocks) |
| Sales (TTM) (Mil) |
$642 |
$188 |
44% |
|
| Net Income (TTM) (Mil) |
$186 |
$54 |
67% |
|
| EPS (TTM) |
$3.102 |
$2.500 |
79% |
|
| Operating Cash Flow (TTM) (Mil) |
$315 |
$33 |
65% |
|
| Net Cash Flow (TTM) (Mil) |
$5 |
$2 |
52% |
|
| Long-Term Debt (Q1) (Mil) |
$819 |
$94 |
64% |
|
| Enterprise Value (Q1) (Mil) |
na |
$0 |
na |
|
| Valuation |
FRME |
Industry Median |
Percentile (All Stocks) |
| P/B |
0.93 |
1.25 |
21% |
|
| P/E |
13.0 |
12.2 |
32% |
|
| Dividend Yield |
3.7% |
2.2% |
88% |
|
| PEG (5yr hist) |
1.8 |
1.1 |
66% |
|
| Ratios |
FRME |
Industry Median |
Percentile (All Stocks) |
| Gross Margin |
na |
63.7% |
na |
|
| Net Margin |
29.0% |
29.1% |
87% |
|
| ROA |
0.9% |
1.1% |
45% |
|
| ROE |
7.4% |
11.3% |
49% |
|
| Liabilities to Assets |
87.4% |
89.7% |
81% |
|
| F-Score |
4 |
4 |
33% |
|
Passing Stock Screens
As of 10/2/2026, from a list of 60 stock screening strategies,
FRME meetings the criteria of 1 screen:
Stock Screen
FACTOR STRATEGY
P/E Relative Screen
Factors: Value, Earnings Estimates
A screen that looks at the relationship of a stock's price-earnings ratio to that of the industry and market.