FIRST MERCHANTS CORP (FRME)
About FIRST MERCHANTS CORP
First Merchants Corp, through its subsidiaries, provides its customers with financial services delivered locally by bankers. It offers personal banking, business banking, real estate mortgage lending, cash management services, brokerage, wealth management, and insurance. The company reports in only one segment, which is community banking.
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Financial summary
- Net income
- $226.0M
- Total assets
- $19.0B
- Market cap
- $2.5B
- Operating margin
- 28.0%
- Net margin
- 24.4%
Source: SEC EDGAR · updated Jun 8, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $924.8M
- Operating expenses
- $665.7M
- Operating income
- $259.1M
- Income tax
- $33.1M
- Net income
- $226.0M
- EPS (basic)
- $3.90
- EPS (diluted)
- $3.88
Balance sheet
- Total assets
- $19.0B
- Current assets
- $19.0B
- Total liabilities
- $16.6B
- Current liabilities
- $16.6B
- Shareholders’ equity
- $2.5B
Cash flow
- Operating cash flow
- $283.6M
- Investing cash flow
- -$773.8M
- Financing cash flow
- $486.7M
- Net cash flow
- -$3.5M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year · hover for prices
52-week range
- Market cap
- $2.5B
- P/E ratio
- 11.1
- EPS (diluted)
- $3.88
- Dividend yield
- 3.43%
- Shares outstanding
- 58.3M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Jun 20, 1989
First Merchants Corp (FRME) Stock Price
- Profitable — net income of $226.0M.
- Revenue grew 107% from FY2021 to FY2025.
- Trading 5% below its 52-week high.
- Pays a dividend yielding about 3.43% annually.
- Valued at a price-to-earnings (P/E) ratio of 11.1.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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News about FIRST MERCHANTS CORP
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First Merchants Corp: frequently asked questions
Is First Merchants Corp an American company?
First Merchants Corp is a US-based company headquartered in Muncie, Indiana, listed in the americancompanies.com directory of American companies. Its American-origin credentials have not yet been independently verified.
Where is First Merchants Corp headquartered?
First Merchants Corp is headquartered in Muncie, Indiana, United States.
Is First Merchants Corp publicly traded?
Yes — First Merchants Corp is a publicly traded company. Its stock trades under the ticker symbol FRME on the NASDAQ.
What does First Merchants Corp do?
First Merchants Corp is an American Financial Services company in the Business & Financial Services sector.
When was First Merchants Corp founded?
First Merchants Corp was founded in 1982.
