FRME First Merchants Corporation

$37.66

*Only the 1D chart reflects 15-min delayed quotes during market hours. Other timeframes update after market close.

Reporting for fiscal period ending 2025-12-31
Expected on Jan 22, 2026
Report Time: Unknown Release Time
The Whisper Number
$0.96
Consensus Estimate: $0.95
Revenue Estimate: $173.13M

Latest Earnings Insight

Updated On 1/6/2026

About First Merchants Corporation

First Merchants Corporation is the financial holding company for First Merchants Bank providing community banking services. The company is headquartered in Muncie, Indiana.

Website: https://www.firstmerchants.com

Sector
FINANCE
Industry
NATIONAL COMMERCIAL BANKS
Exchange
NASDAQ
Country
USA
Currency
USD
Fiscal Year End
December
CIK
712534
Address
200 E JACKSON ST, PO BOX 792, MUNCIE, IN, US
Valuation
Market Cap
$2.08B
P/E Ratio
10.42
PEG Ratio
2.68
Price to Book
0.91
Performance
EPS
$3.41
Dividend Yield
3.94%
Profit Margin
33.00%
ROE
8.85%
Technicals
50D MA
$40.63
200D MA
$39.47
52W High
$45.38
52W Low
$29.77
Fundamentals
Shares Outstanding
59M
Target Price
$49.33
Beta
0.96

FRME EPS Estimates vs Actual

Estimated
Actual

FRME News & Sentiment

Dec 09, 2025 • Simply Wall Street BULLISH
First Merchants (FRME): Revisiting Valuation After Recent Outperformance but Softer 1-Year Shareholder Returns
First Merchants (FRME) has recently outperformed regional peers despite softer 1-year returns, prompting a re-evaluation of its long-term growth. The company is considered 20.3% undervalued with a fair value of $46.83, driven by digital investments and improved operational leverage, though funding costs and commercial real estate risks could impact this optimistic outlook. Investors are encouraged to explore First Merchants' potential undervaluation and growth prospects.
Dec 08, 2025 • Simply Wall Street SOMEWHAT-BULLISH
First Merchants (FRME): Revisiting Valuation After Recent Outperformance but Softer 1-Year Shareholder Returns
First Merchants (FRME) has recently outperformed regional peers, showing a 3.64% return over the past month despite a softer -9.49% one-year shareholder return. The company is currently considered 20.3% undervalued with a fair value of $46.83, driven by accelerating revenues and improved operational leverage from digital investments. Investors are encouraged to explore First Merchants' long-term growth story, considering its earnings growth, discount to analyst targets, and trading well below intrinsic value estimates.
Dec 05, 2025 • MarketBeat NEUTRAL
First Merchants Corporation (NASDAQ:FRME) to Issue Quarterly Dividend of $0.36
First Merchants Corporation (NASDAQ:FRME) announced a quarterly dividend of $0.36 per share, payable on December 19th to shareholders of record on December 5th. This translates to an annualized dividend of $1.44 and a yield of approximately 3.8%. The dividend is considered sustainable, supported by a 13-year streak of increases and a payout ratio of about 35.8%, with analysts projecting strong EPS for the next year.
Dec 04, 2025 • Nasdaq NEUTRAL
Ex-Dividend Reminder: First Merchants, Mercantile Bank and Universal Insurance Holdings
First Merchants Corp (FRME), Mercantile Bank Corp. (MBWM), and Universal Insurance Holdings Inc (UVE) are set to trade ex-dividend on December 5, 2025. FRME will pay a $0.36 quarterly dividend, MBWM a $0.38 quarterly dividend, and UVE a $0.16 quarterly dividend. The article details the expected stock price adjustments and historical dividend charts for each company.
Nov 14, 2025 • GlobeNewswire BULLISH
First Merchants Corporation Announces Cash Dividend
First Merchants Corporation declared a cash dividend of $0.36 per common share on November 14, 2025. This dividend is scheduled to be paid on December 19, 2025, to shareholders of record as of December 5, 2025. The company is a financial holding company headquartered in Muncie, Indiana, and its common stock trades on NASDAQ under the symbol FRME.
Nov 11, 2025 • CBS News BEARISH
Ann Arbor police investigating robbery at First Merchants Bank
Ann Arbor police are investigating a bank robbery that occurred on Friday morning at First Merchants Bank, 125 W. William St. A suspect handed a teller a note demanding money and fled with an undisclosed amount. Police are asking for the public's help in identifying the suspect, who was described as wearing a black Detroit Lions hoodie and glasses.
Sentiment Snapshot

Average Sentiment Score:

0.224
50 articles with scored sentiment

Overall Sentiment:

Bullish

FRME Reported Earnings

Jul 23, 2025
Jun 30, 2025 (Post market)
0.03 Surprise
  • Reported EPS: $0.98
  • Estimate: $0.95
  • Whisper:
  • Surprise %: 3.2%
Apr 24, 2025
Mar 31, 2025 (Pre market)
0.03 Surprise
  • Reported EPS: $0.94
  • Estimate: $0.91
  • Whisper:
  • Surprise %: 3.3%
Jan 30, 2025
Dec 31, 2024 (Pre market)
0.1 Surprise
  • Reported EPS: $1.00
  • Estimate: $0.90
  • Whisper:
  • Surprise %: 11.1%
Oct 24, 2024
Sep 30, 2024 (Pre market)
0.05 Surprise
  • Reported EPS: $0.95
  • Estimate: $0.90
  • Whisper:
  • Surprise %: 5.6%
Jul 25, 2024
Jun 30, 2024 (Pre market)
-0.12 Surprise
  • Reported EPS: $0.68
  • Estimate: $0.80
  • Whisper:
  • Surprise %: -15.0%
Apr 25, 2024
Mar 31, 2024 (Pre market)
0.03 Surprise
  • Reported EPS: $0.85
  • Estimate: $0.82
  • Whisper:
  • Surprise %: 3.7%
Jan 25, 2024
Dec 31, 2023 (Pre market)
0.0 Surprise
  • Reported EPS: $0.87
  • Estimate: $0.87
  • Whisper:
  • Surprise %: 0.0%
Oct 26, 2023
Sep 30, 2023 (Pre market)
0.01 Surprise
  • Reported EPS: $0.95
  • Estimate: $0.94
  • Whisper:
  • Surprise %: 1.1%
Jul 25, 2023
Jun 30, 2023 (Pre market)
0.0 Surprise
  • Reported EPS: $1.02
  • Estimate: $1.02
  • Whisper:
  • Surprise %: 0.0%

Financials