Financials / Banks - RegionalUpdated 2026-05-10 22:07 UTC

FRME stock hub

First Merchants Corporation has a live ticker hub with the latest available market, valuation, profitability, growth, ownership, and risk indicators.

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Fair value midpoint

n/a

Fair value pending

Upside to midpoint

n/a

Based on latest report

Confidence

n/a

Data quality and model convergence

Market cap

2.5B

NASDAQ

Market data

Live price

Current market quote for this ticker.

Current price

FRME

In the news

Latest news · FRME

Recent company headlines from major financial publishers.

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Fetching the latest headlines.

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Fetching the latest headlines.

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Fetching the latest headlines.

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector context

Where the current metrics sit

Percentiles come from the backend screener cohort cache for the ticker's country and sector.

Forward P/E9.5

P25 8.8P50 10.4P75 13.1

Trailing P/E12

P25 10.9P50 14.7P75 36.2

ROE7.9

P25 4.9P50 10.4P75 15

ROICn/a

P25 -1.3P50 6.6P75 12.7

Benchmarks - 1M

S&P 500n/a

Nasdaq Compositen/a

Dow Jones Industrial Averagen/a

Russell 2000n/a

Indicator catalog

All FRME market and fundamental indicators

A searchable catalog of the available market, valuation, profitability, growth, balance-sheet, ownership, and analyst metrics for this ticker.

Available fields

227

Groups with data

Currency

USD

Showing 227 of 227 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Cik	0000712534
Company name	First Merchants Corporation
Country	United States
Country code	US
Cusip	320817109
Employees	2,086
Employees Change	-34%
Employees Change Percent	-1.6
Enterprise value	$3.9B
Exchange	NASDAQ
Financial currency	USD
First seen	2026-05-09
Industry	Banks - Regional
Isin	US3208171096
Last refreshed	2026-05-10
Market cap	$2.5B
Market cap category	Mid-Cap
Price	$40.41
Price currency	USD
Rev Per Employee	305,757.91x
Sector	Financials
Sic	6021
Symbol	FRME
Website	https://www.firstmerchants.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Earnings Yield	7.73%
EV Earnings	19.89x
EV Sales Forward	4.67x
EV/Sales	6.14x
Forward P/E	9.48x
P/B ratio	0.95x
P/E ratio	12x
P/S ratio	3.99x
PE Ratio10 Y	12.7x
PE Ratio3 Y	10.06x
PE Ratio5 Y	10.42x
PS Forward	3.04x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
Gross Profit	$637.8M
Net Income	$196.9M
Net Income Growth	-4.78%
Net Income Growth Q	-49.12%
Net Income Growth Years	1%
Net Income Growth3 Y	-5.81%
Net Income Growth5 Y	3.75%
Pretax Margin	34.96%
Profit Margin	31.17%
Profit Per Employee	$94,412
Profitable Years	16
ROA	1.01
Roa5y	1.25
ROE	7.95
Roe5y	10.18

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
Cagr10y	8.12%
Cagr15y	12.86%
Cagr1y	12.88%
Cagr20y	5.05%
Cagr3y	20.06%
Cagr5y	0.11%
Div CAGR10	12.59%
Div CAGR3	4%
Div CAGR5	6.72%
EPS Growth	-5.18
EPS Growth Q	-52.13
EPS Growth Years	1
EPS Growth3 Y	-5.31
EPS Growth5 Y	2.12
OCF Growth	4.27%
OCF Growth Q	-5.04%
OCF Growth10 Y	15.97%
OCF Growth3 Y	-4.46%
OCF Growth5 Y	8.67%
Revenue Growth	3.64x
Revenue Growth Q	-2.49x
Revenue Growth Years	1x
Revenue Growth3 Y	-0.75x
Revenue Growth5 Y	7.04x

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Assets	$21.1B
Cash	$320.9M
Debt	$1.7B
Equity	$2.7B
Liabilities	$18.4B
Net Cash	$-1.4B
Net Cash By Market Cap	$-53.82
Net Debt Equity	$0.51
Tangible Book Value	$1.8B
Tangible Book Value Per Share	$29.16
WACC	5.42

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Working Capital	$-16.3B

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback Yield	-0.25%
Dividend Growth	2.86%
Dividend Growth Years	14%
Dividend per share	$1.44
Dividend Years	38
Dividend Yield	3.56%
Ex Div Date	2026-03-06
Last Dividend	$0.36
Payout Frequency	Quarterly
Payout Ratio	42.77%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y total return	118.23%
1Y total return	12.88%
200-day SMA	38.72
3Y total return	73.1%
50-day SMA	39.15
50-day SMA vs 200-day SMA	50over200
5Y total return	0.57%
All Time High	50.65
All Time High Change	-20.22%
All Time High Date	2021-03-12
All Time Low	4.86
All Time Low Change	730.97%
All Time Low Date	1991-01-24
ATR	0.8
Beta	0.87
Beta1y	0.77
Beta2y	0.84
Ch YTD	7.82
High	40.71
High52	43.22
High52 Date	2026-02-18
High52ch	-6.5%
Low	40.35
Low52	34.66
Low52 Date	2025-11-18
Low52ch	16.59%
Ma50ch	3.21%
Premarket Change Percent	0
Premarket Price	$40.51
Premarket Volume	150
Price vs 200-day SMA	4.37%
RSI	53.2
RSI Monthly	54.19
RSI Weekly	54.87
Sharpe ratio	0.45x
Sortino ratio	0.91
Total Return	3.32%
Tr YTD	8.83
Tr15y	514.12%
Tr1m	1.03%
Tr1w	-0.02%
Tr3m	-3.66%

Analyst estimates

Ratings, targets, revisions, and forward estimate fields.

Metric	Value
Analyst Count	4
Analyst Count Top	4
Analyst Price Target Top	$48.33
Analyst Ratings	Buy
Analyst Ratings Top	Buy
Earnings EPS Estimate	$0.96
Earnings EPS Estimate Growth	2.13
Earnings Revenue Estimate	185,097,880x
Earnings Revenue Estimate Growth	15.46x
Operating Income	$245.5M
Operating margin	38.49
Price target	$48.33
Price Target Change	$19.6
Price Target Change Top	$19.6

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	61,826,972%
Float Percent	98.1%
Net Borrowing	-209,490,000
Shares Insiders	1.9%
Shares Institutions	70.91%
Shares Out	63,022,741
Shares Qo Q	6.21%
Shares Yo Y	0.25%
Short Float	2.01%
Short Ratio	3.01
Short Shares	1.98

Other indicators

Additional ticker metrics that do not fit the primary research groupings yet.

Metric	Value
Average Volume	331,394.9x
Bv Per Share	42.35
Ch10y	62.29
Ch15y	331.3
Ch1m	1.03
Ch1w	-0.02
Ch1y	8.72
Ch20y	57.48
Ch3m	-4.56
Ch3y	53.53
Ch5y	-15.87
Ch6m	12.19
Change	-0.25%
Change From Open	-0.57
Close	40.51
Days Gap	0.32
Dollar Volume	10,081,406
Earnings Date	2026-04-22
Earnings Time	amc
EPS	$3.37
F Score	4
Financing CF	-23,235,000
Fiscal Year End	December
Founded	1,893
Goodwill	782,789,000
Graham Number	56.64328
Graham Upside	40.17
Income Tax	$24.2M
Investing CF	-245,332,000
Is Primary Listing	1
Is Spac	No
Last Earnings Date	2026-04-22
Last Report Date	2026-03-31
Last Split Date	2003-08-27
Last Split Type	Forward
Last10k Filing Date	2026-02-25
Lynch Fair Value	$16.83
Lynch Upside	-58.34
Ma150	38.46
Ma150ch	5.08%
Ma20	40.43
Ma20ch	-0.06%
Net CF	11,970,000
Next Earnings Date	2026-07-22
Open	40.64
Optionable	Yes
P OCF Ratio	9.08
Payment Date	2026-03-20
Position In Range	16.67
Ppne	146,013,000
Pre Close	40.51
Price Date	2026-05-08
Ptbv Ratio	1.4
Relative Volume	0.75x
Revenue	637,811,000x
SBC By Revenue	1.16x
Share Based Comp	7,421,000
Tax By Revenue	3.79x
Tax Rate	10.84%
Tr20y	167.76%
Tr6m	14.34%
Us State	Indiana
Volume	249,478

Fast facts

Decision checkpoints

A compact product layer over the same report payload.

Risk gate

n/a

Named kill scenarios are reviewed before any bullish rating can stand.

Moat score

n/a

Business quality stays separate from stock attractiveness.

Forward P/E

n/a

Valuation uses the full report model stack, not a single multiple.

Next action

Research pending

Final action steps are kept in the recommendation tab.

Income

FRME dividend yield, growth & safety

Yield, payout sustainability, and the multi-year growth streak.

Dividend yield

+3.6%

$1.44 annual per share

Payout ratio

+42.8%

Share of earnings returned as dividends. Below 60% is generally sustainable.

5Y dividend CAGR

+6.7%

14 consecutive years of growth

Total shareholder yield

+3.3%

Next ex-dividend date: 2026-03-06

Performance

FRME stock returns vs the market

Total return (incl. dividends) compared to S&P 500.

Ownership

Who owns FRME?

Insider, institutional, and short-interest positioning.

Institutional ownership

+70.9%

Float: +98.1% of shares outstanding

Insider ownership

+1.9%

Stake held by company insiders. Higher generally signals alignment.

Negative means the company is buying back shares.

Technical

FRME momentum and risk profile

RSI, moving-average stack, beta, and risk-adjusted return.

RSI (14)

53.2

Neutral momentum band

Price vs 200-day MA

+4.4%

50/200-day relationship not available

Beta (5Y)

0.87

Moves roughly with the market

Sharpe ratio

0.45

Risk-adjusted return — higher is better; >1.0 is solid.

Peers

FRME vs. sector cohort

Currency-neutral comparison: P/E, P/S, ROIC, 5Y revenue CAGR, and 1Y total return. Market-cap column appears only when every peer reports in the same currency.

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
AXP	American Express Company	215.6B	19.7x	3.1x	11.5%	+15.5%	+15.6%	Сокращать
BAC	Bank of America Corporation	364.1B	12.7x	3.3x	—	+6.3%	+28.2%	Сокращать
BK	The Bank of New York Mellon Corporation	89.6B	16.2x	4.3x	—	+6.0%	+58.4%	Сокращать

Questions

About FRME

Hub-level FAQ points readers to the deeper analysis pages.

What is the current FRME stock rating?

First Merchants Corporation is currently shown with the latest rating in the latest report. The hub links directly to the full analysis surface where the rating, fair-value bridge, risks, and scorecard are documented together.

Where can I read the full FRME analysis?

The full report lives at /stocks/FRME/analysis. The bare ticker page is a product hub that summarizes the latest read and sends readers into the relocated analysis tabs without making the analysis surface depend on the hub.

What fair-value range is used for FRME?

The latest report frames FRME around the latest fair-value range. Treat that range as the entry point, then check the valuation, sensitivity, and bear-case tabs before making an investment decision.

How often is the FRME page updated?

The hub updates with the latest published stock report and live backend market data. The analysis pages remain reachable under /analysis, so a hub rollback does not remove the report reader.