FIRST MERCHANTS CORP
FRMENASDAQTrading Snapshot
- Day Range
- $870.47 – $887.11
- 52-Week Range
- $34.66 – $45.33
- Volume
- $3.75B
- Avg Volume
- $2.55B
- Shares Outstanding
- 62.8M
- Next Earnings
- Nov 10, 2026
Fundamentals Snapshot
- Annual Revenue
- $1.05B
- Last Q Revenue
- $298M
- P/E Ratio
- 13.0
- P/S Ratio
- 2.3x
- EPS (TTM)
- $2.97
- Dividend Yield
- 3.59%
- Dilution (1yr)
- −1.4%
Why Investors Own FRME
- ✓High-growth profile — revenue up +51.6% YoY with expanding US Equity exposure.
- ✓Healthy economics — 79% gross margin and 7% free-cash-flow margin.
- ✓New products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
FIRST MERCHANTS CORP
FRME
StockOtter · stockotter.spaceAbout FIRST MERCHANTS CORP
First Merchants Corporation operates as a financial holding entity, primarily conducting its business through its subsidiary, First Merchants Bank. This institution delivers a full spectrum of community banking solutions. It accepts various types of deposits, including term, savings, and checking accounts. The company also extends a wide array of lending products, such as consumer, commercial, agricultural business, and real estate mortgage loans, in addition to public finance options. Beyond standard banking, First Merchants provides personal and corporate trust services, brokerage capabilities, and private wealth management. Its corporate offerings further include letters of credit, repurchase agreements, and other specialized financial services. The company maintains a network of 109 physical banking locations situated across counties in Indiana, Illinois, Ohio, and Michigan. Furthermore, it offers convenient access to its services via electronic and mobile platforms. First Merchants Corporation was established in 1893 and is headquartered in Muncie, Indiana.
Otter Score Breakdown
How it's scoredFive components, each rated 1–5★ and equally weighted (20%), averaged to a 0–100 score:💎 Quality — gross margin🚀 Growth — revenue YoY⚖️ Valuation — P/S ratio⚡ Momentum — 30-day price change💧 Dilution — 1-yr share issuance (buybacks score higher)Analyst Price Target
ⓘLatest News & Updates
FIRST MERCHANTS CORP tops quarterly estimates as demand accelerates
Revenue grew double digits with management guiding above consensus; margins continued to expand.
Analysts lift FRME price targets on improving margins
Several firms raised targets, citing stronger free cash flow and a healthier backlog.
FIRST MERCHANTS CORP announces new agreement to expand its footprint
The move broadens the company’s reach and could add incremental revenue over the next year.