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FIRST MERCHANTS CORP (FRME)

Sector: National Commercial Banks

Industry: Banks - Regional

First Merchants Corporation logo

First Merchants Corporation

NASDAQ:FRMEFinancial Services
-0.56%$40.83
CLOSED
AH$40.83+0.00%vs close
Mkt Cap$2.56B
Float61.56M
O/S62.68M
VOL277K sh
$ Vol$11.33M
RVOL0.67×
Inst Own73.7%
SI3.7%
Div Yield3.58%
Dilution
First Merchants Corporation logoNASDAQ:FRMEClosed$40.83-0.56%
Historical Data
DateOpenHighLowCloseVolume
Nov 6, 202640.7141.1840.6740.83277,157
Nov 5, 202642.4942.9440.8841.06544,938
Nov 4, 202641.7342.6041.5341.89515,987
Nov 3, 202641.4241.4540.9141.04327,683
Nov 2, 202641.0141.7140.9941.36645,092
Oct 30, 202641.2541.2740.4640.59412,486
Oct 29, 202641.1441.5140.8741.09447,066
Oct 28, 202640.9340.9340.3340.66500,228
Oct 27, 202641.2441.2440.6640.93349,334
Oct 26, 202640.8641.1940.8641.09494,154
Oct 23, 202640.6741.0340.3940.68417,116
Oct 22, 202639.9641.0239.9640.83470,844
Oct 21, 202640.1140.1739.6639.96377,839
Oct 20, 202639.5440.4139.5440.11408,233
Oct 19, 202639.5839.6339.2439.38267,907
Oct 16, 202639.5940.2639.4839.60429,183
Oct 15, 202639.1239.7738.8539.48339,815
Oct 14, 202638.4838.9738.3838.78443,223
Oct 13, 202639.5039.6338.7839.06302,035
Oct 12, 202639.0739.4838.9939.25283,300
Analyst Coverage
Analyst Coverage
ConsensusBuy
Price Target
Not available
Ratings Distribution
BUY
10
HOLD
2
SELL
0
TOTAL12
Insider Trades
InsiderTypeShares
KELLOGG CLARK C profile photoKELLOGG CLARK CGrant/Award569
Fultz Paul G profile photoFultz Paul GGrant/Award569
Becher Michael R profile photoBecher Michael RGrant/Award608
FISHER MICHAEL J profile photoFISHER MICHAEL JGrant/Award549
Brooks Susan W profile photoBrooks Susan WGrant/Award569
Sondhi Jason R profile photoSondhi Jason RGrant/Award589
Shareholders
73.7%
Institutional
(311)
1.6%
Insiderⓘ
(23)
0.0%
5%+ Owners
(0)
24.7%
Unattributed (incl. retail)ⓘ
Institutional73.7%
Insider1.6%
Unattributed (incl. retail)24.7%
Sources: 13F, Form 4, 13D/13GO/S: 62.7M · as of 27 Oct 2026 · SEC cover page
Insiders & Institutional Holders
About

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.

Key Metrics
Market Cap$2.56B
Enterprise Value--
P/E Ratio--
Est. Net Cash/Share--
Institutional Ownership73.69%

based on 62.68M shares outstanding

SectorFinancial Services
IndustryBanks - Regional
ExchangeNASDAQ
CountryUSUS
IPO Date-
Shares Outstanding62.68M
Authorized Shares
Float61.56M
52-Week Range
$34.66$45.33
$40.83(58th percentile)
Volume
Average Daily Volume412.68K
277.16K today vs 412.68K avg(-33%)

30d Avg

412.68K

60d Avg

488.14K

90d Avg

440.88K

Earnings
Dividend History
TTM Yield
3.58%
Paid quarterly
Annual (LTM)
$1.46
Latest
$0.3700
Sep 4, 26
5Y Growth
+5.83%
per year
Compliance Status
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