FRMEFirst Merchants Corporation

$40.65+18% 1Y

Price

+18%1Y

End-of-day closes, not the intraday tick.

A mixed picture: the questions disagree

Quality shaky, nothing alarming, demanding price, growth steady, the market undecided.

What they do

First Merchants Corporation (the “Corporation”) is a financial holding company headquartered in Muncie, Indiana and was organized in September 1982. The Corporation’s common stock is traded on the Nasdaq Global Select Market System under the symbol FRME. The Corporation has one full-service bank charter, First Merchants Bank, which opened for business in Muncie, Indiana in March 1893. The Bank also operates First Merchants Private Wealth Advisors (a division of First Merchants Bank).

In the company’s own words · 10-K filed Feb 25, 2026 · SEC EDGAR

P/E13.1
Market value$2.55B
1 year+18%
5 years+14%

Charts

As reported to the SEC, without any scoring.

First Merchants Corporation (FRME) reported revenue of $261M in Q2 2026 (quarter ended Jun 30, 2026), up 14% from the same quarter a year earlier. That came with net income of $44M (17% of revenue). For the full year FY2025, revenue was $925M (−2.4% year on year) and net income $226M. Its largest product in Q2 2026 was Fiduciary And Trust at $9.6M, 36% of the disclosed total, just ahead of Deposit Account at 35%. The next results filing is expected around Jan 25, 2027, the same week as a year ago.

What the company said

The company's own words from its current reports to the SEC, newest first

  1. Oct 21, 2026For more information, contact:.Earnings release · press release
  2. Oct 15, 2026On October 15, 2026, First Merchants Corporation issued a press release announcing its Board of Directors has declared a quarterly cash dividend on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A, of $46.88 per share (equivalent to $0.4688 per depositary share) payable on November 16, 2026, to stockholders …Other event · Form 8-K
  3. Oct 1, 2026On October 1, 2026, First Merchants Corporation (the “Company”) announced the upcoming retirement of the Company’s current Chief Executive Officer, Mark K. Hardwick, effective January 1, 2027.Director or officer change · Form 8-K

Quoted from SEC EDGAR filings. A current report is filed within four business days of the event it describes.

Business segments

Jun 2026 · $26.5M

The company’s own SEC segment disclosure.

  • Fiduciary And Trust$9.6M36%
  • Deposit Account$9.4M35%
  • Credit Card$5.5M21%
  • Derivative Hedging$1.1M4%
  • Financial Service Other$880.0K3%

Why these answers

Each answer with the checks it was read from. Open one for the numbers.

9/19 checks · as of Oct 23, 2026

Conflicts between checks are named, never averaged, and thin data says so.