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First Merchants Corporation

FRMENASDAQFinancial Services·US · USD
$39.31
-0.36 (-0.91%)
Prices as of October 7, 2026 · live

Price

Key statistics

Valuation
Market cap2.49B USD
Enterprise value3.50B USD
Trailing P/E12.76
Forward P/E8.83
PEG ratio-0.45
Price / sales3.88
Price / book0.92
Profitability
Gross margin0.00%
Operating margin34.27%
Profit margin28.96%
Return on assets0.93%
Return on equity7.37%
Income (TTM)
Revenue642.19M USD
Gross profit642.19M USD
EBITDA0.00 USD
Net income184.09M USD
Diluted EPS$3.11
Rev. growth (YoY)2.80%
Balance sheet
Total cash665.65M USD
Total debt1.65B USD
Debt / equity0.62
Current ratio0.00
Book value / share$42.96
Cash flow (TTM)
Operating cash flow314.90M USD
Levered free cash flow224.13M USD
Shares & price
Shares outstanding62.80M
Float61.56M
Held by institutions75.56%
Beta0.88
50-day MA$41.73
200-day MA$40.56
52-week high$45.33
52-week low$34.66
Dividends
Forward rate
$1.48
Yield
3.79%
Payout ratio
46.62%
Frequency
Quarterly
Recent payments
  • 2026-09-04$0.37
Earnings (EPS)
DateEst.ActualSurprise2026-07-221.030.74−28.16%2026-04-220.971.03+6.19%2026-03-24-0.40-1.00−150.00%2026-01-260.950.98+3.16%2025-10-220.960.99+3.13%
About First Merchants Corporation

First Merchants Corporation is a financial holding company headquartered in Muncie, Indiana. First Merchants Corporation operates through First Merchants Bank, providing commercial and consumer banking services, including checking and savings accounts, deposit products, debit and credit cards, mortgage lending, home equity lending, vehicle financing, personal loans, and commercial lending. The company also serves businesses and local institutions with treasury management, commercial real estate financing, agricultural lending, asset-based lending, small business administration lending, public finance, and specialty finance solutions. In addition, First Merchants Corporation offers wealth management, trust, brokerage, retirement planning, investment management, private banking, and financial planning services. Its community-focused banking model positions it as a diversified regional financial services provider serving individuals, businesses, and public-sector clients across its markets.

Sector
Financial Services
Industry
Banks - Regional
CEO
Mr. Mark K. Hardwick CPA
Employees
2,086
Headquarters
Muncie, IN, United States

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