American Origin Unverified This profile is unclaimed and has not been independently reviewed. Claim & get verified

FIRST MERCHANTS CORP

$40.02 +0.23% NASDAQ: FRME · 15-min delayed

MUNCIE, Indiana
Public · NASDAQ: FRME
2,086 employees
Founded 1982

Visit website Follow

$2.5BMarket cap

$226.0MNet income

2,086Employees

FRMENASDAQ

1989IPO

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.

This profile is unclaimed. An authorized representative can claim it to add details and earn the Verified badge.

Company facts

Founded: 1982
Type: Public · NASDAQ: FRME
Employees: 2,086
IPO date: Jun 20, 1989
Headquarters: 200 E JACKSON ST
MUNCIE, Indiana 47308-0792
Phone: (765) 747-1500
Industry: Financial Services
Website: Visit site

Registry IDs

Ticker: FRME Nasdaq
SEC CIK: 712534
EIN: 351544218
SIC: 6021 NATIONAL COMMERCIAL BANKS

Is this your company?

This profile is unclaimed — any authorized owner can claim it, control the page, and earn the Verified badge.

Claim this profile

Track American companies

Create a free account to follow FIRST MERCHANTS CORP and get an email when it moves sharply — real market data, 15-minute delayed.

Create free account

Reported figures

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

Multi-year

Revenue & profit trend

FY2021

FY2022

FY2023

FY2024

FY2025

Revenue Net income

FY 2025

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)

NASDAQ: FRME

$40.02 +0.23%

15-minute delayed · data by Polygon.io

Past year

$34.99 $42.54

52-week range

Market cap: $2.5B
P/E ratio: 10.3
EPS (diluted): $3.88
Dividend yield: 3.7%
Shares outstanding: 62.9M
Open: —
Day range: –
Prev close: —
Volume: —
IPO date: Jun 20, 1989

Market data by Polygon.io · prices are 15-minute delayed

Auto-generated

At a glance

Profitable — net income of $226.0M.
Revenue grew 107% from FY2021 to FY2025.
Trading 6% below its 52-week high.
Pays a dividend yielding about 3.7% annually.
Valued at a price-to-earnings (P/E) ratio of 10.3.

Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.