First Merchants logo

First Merchants(NASDAQ) FRMEP

Market CapN/AMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2022)+32%
5 YearN/A
1 Year+5%
1 Month-0%
$25.13
+0.00%
+0.00Today
First Merchants last closing stock price
MetricPriceDate
Last closeUSD 25.132026-10-13
First Merchants stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-0.71%USD 25.312026-10-06
1 month-0.08%USD 25.152026-09-11
3 month-0.02%USD 25.142026-07-15
Year to date+3.12%USD 24.372025-12-31
1 year+4.89%USD 23.962025-10-13
3 year+31.83%USD 19.062023-10-13
Since inception+31.92%USD 19.052022-04-04

First Merchants Financials at a Glance

Market Cap

N/AMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$1.09B

Net Income (TTM)

$185.97M

EPS (TTM)

$0.00

P/E Ratio

0.00

Dividend

$1.88

Beta (Volatility)

0.00 (Low)

Price

$25.13

Volume

2

Open

$25.28

Previous Close

$25.13

Daily Range

$25.13 - $25.28

52-Week Range

$24.73 - $27.09

Estimated Earnings Date

Oct 21, 2026

FRMEP News

No articles available.

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About First Merchants

First Merchants Corporation operates as the parent company for First Merchants Bank, providing a comprehensive suite of community banking services. Established in 1893 and headquartered in Muncie, Indiana, the corporation serves clients across Indiana, Illinois, Ohio, and Michigan through 109 banking locations.

Products and Services
  • Offers various deposit accounts including checking, savings, and time accounts
  • Provides diverse lending options such as consumer, commercial, and real estate loans
  • Specialized financial services including trust management and private wealth management
Growth Outlook
  • Recent quarterly revenue increased to $298 million, reflecting strong operational performance
  • Trailing twelve months (TTM) net income reached $173 million, showcasing profitability
  • Dividend yield of 3.66% indicates a commitment to returning value to shareholders
Financial Highlights
  • Q2 2026 net income of $43.98 million, up from $28.16 million in Q1 2026
  • TTM revenue of $1.06 billion, demonstrating consistent growth
  • Operating income margin of 16.25% reflects efficient cost management
AI Generated • Oct 6, 2026

Industry

Banks

Sector

Financials

Headquarters

Muncie, IN 47305-2814, US

FRMEP Financials

Key Financial Metrics (TTM)

Gross Margin

58.82%

Operating Margin

18.95%

Net Income Margin

17.08%

Return on Equity

7.26%

Return on Capital

7.47%

Return on Assets

0.87%

Earnings Yield

N/A

Dividend Yield

7.46%

Payout Ratio

48.15%

Stock Overview

Market Cap

N/AMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

0

Volume

2

Avg. Volume

1.21K

Financials (TTM)

Gross Profit

$640.32M

Operating Income

$206.31M

EBITDA

$238.28M

Operating Cash Flow

$314.90M

Capital Expenditure

$0.00

Free Cash Flow

$314.90M

Cash & ST Invst.

$3.91B

Total Debt

$1.60B

First Merchants Performance Analysis

First Merchants sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-302.5%
Q42025-12-310.8%
Q12026-03-31-6.1%
Q22026-06-3017.6%
First Merchants sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30N/A
Q42025-12-311.0%
Q12026-03-31-53.5%
Q22026-06-3052.2%

Revenue Growth Rate

Annual and quarterly growth comparison

Currently no data to display.

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Currently no data to display.

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$298.00M

+14.2%

Gross Profit

$163.10M

+2.8%

Gross Margin

54.73%

N/A

Market Cap

N/AMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

N/A

N/A

Employees

2,086

N/A

Net Income

$43.98M

-22.6%

EBITDA

$57.71M

-20.9%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$3.91B

+428.7%

Total Debt

$1.60B

+38.1%

Accounts Receivable

$101.93M

+9.3%

Inventory

$0.00

N/A

Long Term Debt

$1.50B

+56.1%

Short Term Debt

$103.34M

-48.3%

Return on Assets

0.87%

N/A

Return on Invested Capital

4.61%

N/A

Free Cash Flow

$88.04M

+64.0%

Operating Cash Flow

$88.04M

+64.0%

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Questions About FRMEP

What is the current price of First Merchants?

First Merchants is trading at $25.13 per share.

What is the 52-week range for First Merchants?

Over the past 52 weeks, First Merchants has traded between $24.73 and $27.09.

How much debt does First Merchants have?

First Merchants total debt is unavailable.

How much cash does First Merchants have on hand?

First Merchants does not have cash on hand data available.

What is First Merchants’s dividend yield?

First Merchants currently has a dividend yield of 7.46%.

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