First Merchants Corporation (FRME)
| Market Cap | 2.28B |
| Revenue (ttm) | 638.72M |
| Net Income (ttm) | 223.83M |
| Shares Out | 57.73M |
| EPS (ttm) | 3.85 |
| PE Ratio | 10.25 |
| Forward PE | 10.30 |
| Dividend | $1.44 (3.65%) |
| Ex-Dividend Date | Jun 6, 2025 |
| Volume | 240,619 |
| Open | 39.28 |
| Previous Close | 38.86 |
| Day's Range | 39.14 - 39.50 |
| 52-Week Range | 33.13 - 46.13 |
| Beta | 1.08 |
| Analysts | Buy |
| Price Target | 46.67 (+18.24%) |
| Earnings Date | Jul 23, 2025 |
About FRME
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, home equity lending, vehicle loans, and personal loans; and local commercial lending, asset-based lending solutions, agricultural lending, commercial real estate solutions, debt capital markets, practice finance, public finance, small business administration lend... [Read more]
Financial Performance
In 2024, First Merchants's revenue was $610.99 million, a decrease of -5.64% compared to the previous year's $647.50 million. Earnings were $199.53 million, a decrease of -10.09%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for FRME stock is "Buy." The 12-month stock price target is $46.67, which is an increase of 18.24% from the latest price.
News
First Merchants: Attractively Valued With A Positive Earnings Outlook
Robust loan pipelines and a prospective shift in the asset mix will likely drive earnings. A tariff-driven economic slowdown in FRME's markets will likely drag profits. I've raised my EPS estimate to ...
First Merchants Corporation (FRME) Q2 2025 Earnings Call Transcript
First Merchants Corporation (NASDAQ:FRME) Q2 2025 Earnings Conference Call July 24, 2025 9:00 AM ET Company Participants Mark Hardwick - CEO & Director Michael Stewart - President Michele Kawiecki - ...
First Merchants Corporation Announces Cash Dividend on Its Preferred Stock
MUNCIE, Ind., July 15, 2025 (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, r...
First Merchants Corporation to Report Second Quarter 2025 Financial Results, Host Conference Call and Webcast
MUNCIE, Ind., June 30, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq:FRME) will release second quarter 2025 financial results on July 23, 2025. The Corporation will host a second quarte...
First Merchants Corporation Announces Changed Ex-Dividend Date for Previously Announced Dividend
MUNCIE, Ind., May 21, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq: FRME) has amended the ex-dividend date for its recently declared cash dividend of $0.36 from June 5, 2025, to June 6...
First Merchants Corporation Announces Cash Dividend
MUNCIE, Ind., May 16, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ: FRME) declared a cash dividend on May 16, 2025 of $0.36 per share. The dividend is payable on June 20, 2025, to comm...
First Merchants Corporation: Downgrading After A Good Run
First Merchants Corporation has seen a 27.5% increase in shares since my 'buy' rating in June 2024, outperforming the S&P 500's 7% rise. Despite growth in key balance sheet areas, recent financial per...
First Merchants Corporation: Why The Market Still Doesn't Trust This Bank
First Merchants' current valuation is fair, with a solid 3.57% dividend yield, but limited capital gain potential and historical dividend growth concerns. FRME's deposits are sound but exhibit slow gr...
First Merchants Corporation (FRME) Q1 2025 Earnings Call Transcript
First Merchants Corporation (NASDAQ:FRME) Q1 2025 Results Conference Call April 24, 2025 11:30 AM ET Company Participants Mark Hardwick - Chief Executive Officer Michael Stewart - President Michele K...
First Merchants Corporation Announces First Quarter 2025 Earnings Per Share
MUNCIE, Ind., April 24, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME) First Quarter 2025 Highlights: Net income available to common stockholders was $54.9 million and diluted ea...
First Merchants Corporation to Report First Quarter 2025 Financial Results, Host Conference Call and Webcast
MUNCIE, Ind., April 03, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq:FRME) will report first quarter 2025 financial results on April 24, 2025. The Corporation will host a first quarter...
First Merchants Corporation (FRME) Q4 2024 Earnings Call Transcript
First Merchants Corporation (NASDAQ:FRME) Q4 2024 Earnings Conference Call January 30, 2025 11:30 AM ET Company Participants Mark Hardwick - Chief Executive Officer Michael Stewart - President Michel...
First Merchants Corporation Announces Fourth Quarter 2024 Earnings Per Share
MUNCIE, Ind., Jan. 30, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME) Fourth Quarter 2024 Highlights: Net income available to common stockholders was $63.9 million and diluted ea...
First Merchants Corporation: Earnings To Grow Thanks To Deposit Repricing, Strong Pipelines
The margin will continue to expand because (i) deposits will re-price downwards, and (ii) proceeds from maturing securities will get rolled over into higher-yielding securities. Strong pipelines indic...
First Merchants Corporation to Report Fourth Quarter 2024 Financial Results, Host Conference Call and Webcast
MUNCIE, Ind., Jan. 09, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq:FRME) will report fourth quarter 2024 financial results on January 30, 2025. The Corporation will host a fourth quar...
First Merchants Corporation (FRME) Q3 2024 Earnings Call Transcript
First Merchants Corporation (NASDAQ:FRME) Q3 2024 Earnings Conference Call October 24, 2024 11:30 AM ET Company Participants Mark Hardwick - Chief Executive Officer Michael Stewart - President Michel...
First Merchants Corporation Announces Third Quarter 2024 Earnings per Share
MUNCIE, Ind., Oct. 24, 2024 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME) Third Quarter 2024 Highlights: Net income available to common stockholders was $48.7 million and diluted ear...
First Merchants Corporation to Report Third Quarter 2024 Financial Results, Host Conference Call and Webcast
MUNCIE, Ind., Oct. 03, 2024 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq:FRME) will report third quarter 2024 financial results on October 24, 2024. The Corporation will host a third quarte...
First Merchants Corporation: Decent Return Potential With Earnings Likely To Recover Next Year
The regional economy appears to be conducive to loan growth. Interest rate cuts will most probably hurt the net interest margin. I'm expecting earnings to recover next year after falling in 2024.
First Merchants Earns New Award: TIME Magazine's “America's Best Mid-Sized Company”
MUNCIE, Ind., Sept. 17, 2024 (GLOBE NEWSWIRE) -- First Merchants Bank (NASDAQ: FRME) is one of the select few regional banks to receive the TIME Magazine "America's Best Mid-Sized Companies” award.
Old Second Bancorp, Inc. and First Merchants Corporation Announce Transaction Involving Chicagoland Branch Operations
Old Second National Bank Acquires 5 Illinois Branches from First Merchants Bank Proposed Acquisition to Add $304 Million in Deposits and $12 million in loans CHICAGO, IL / ACCESSWIRE / August 27, 2024...
First Merchants Corporation (FRME) Q2 2024 Earnings Call Transcript
First Merchants Corporation (NASDAQ:FRME) Q2 2024 Earnings Conference Call July 25, 2024 11:30 AM ET Company Participants Mark Hardwick – Chief Executive Officer Michael Stewart – President Michele K...
First Merchants Corporation Announces Second Quarter 2024 Earnings Per Share
MUNCIE, Ind., July 25, 2024 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ - FRME) Second Quarter 2024 Highlights: Net income available to common stockholders was $39.5 million and diluted ea...
First Merchants Corporation to Report Second Quarter 2024 Financial Results, Host Conference Call and Webcast
MUNCIE, Ind., July 03, 2024 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq:FRME) will report second quarter 2024 financial results on July 25, 2024. The Corporation will host a second quarter...
First Merchants Corporation: An Attractive Way To Play The Banking Sector
First Merchants Corporation is a regional bank with a long operating history and a market capitalization of $1.85 billion. The bank has shown growth in deposits and loans, with a focus on commercial a...