Companies /Financial Services

First Merchants Corp

NASDAQ: FRME Banks - Regional
$41.09
▲ $0.41 (+1.01%) today
Markets closed · 5:01pm ET

FRME at a Glance

Valuation
Market cap
$2.6B
P/E ratio
12.6
Dividend yield
3.58%
Profitability
Revenue (TTM)
$676.1M
Profit margin
29.2%
EPS (TTM)
$3.22
Price
52-week range
$33 – $45
Street target
$46.83

Headquartered in Muncie, IN Fiscal year ends December NASDAQ: FRME firstmerchants.com

About First Merchants

First Merchants Corporation is a financial holding company operating through its sole bank charter, First Merchants Bank, which also operates a division called First Merchants Private Wealth Advisors. The company provides commercial banking, consumer banking, mortgage banking, and wealth management services across Indiana and Michigan through 126 banking centers. With total assets of $21.1 billion, it is the largest financial services holding company headquartered in Central Indiana. The company manages $7.1 billion in assets under advisement, including $4.7 billion in assets under management. Its loan portfolio of $15.6 billion is approximately 76% commercially oriented, spanning C&I, CRE, construction, agricultural, and public finance lending, alongside residential mortgage and consumer loans. First Merchants has grown through a combination of organic expansion and whole-bank acquisitions, most recently acquiring First Savings Financial Group in Jeffersonville, Indiana in February 2026. Its common stock trades on the NASDAQ Global Select Market under the symbol FRME. Updated

FRME Coverage

Frequently Asked Questions

What does First Merchants do?

First Merchants Corporation is a financial holding company operating through its sole bank charter, First Merchants Bank, which also operates a division called First Merchants Private Wealth Advisors.

What is the FRME stock price target?

The Wall Street consensus 12-month price target for FRME is $46.83.