First Merchants Corporation (FRME)
NASDAQ: FRMEFinanceMajor BanksUSD
At close: Oct 7, 4:00 PM ET · Delayed 15 min
FRME stock chart
Technical analysisKey statistics
All statistics- Market cap
- $2.47B
- P/E (TTM)
- 12.63
- Forward P/E
- 8.76
- EPS (TTM)
- $3.11
- Dividend yield
- 3.69% ($1.45)
- Ex-dividend date
- Sep 4, 2026
- 52-week range
- 34.66 – 45.33
- Day range
- 38.89 – 39.50
- Volume / Avg
- 700.18K / 458.51K
- Beta
- —
- Shares outstanding
- 62.80M
- Next earnings
- Oct 21, 2026
52-week range
FRME stock today
On Oct 7, FRME ended the session at $39.29, shedding $0.38 (0.96%), versus the S&P 500's 0.22% decline. At this level, FRME sits in the middle of its 52-week range of $34.66 to $45.33: 13.3% below the high, set on Jul 16, 2026 and 13.4% above the low. FRME is up 4.8% year to date, underperforming the S&P 500 (+14.0%). Over the past 12 months, the stock has gained 3.3%.
At 12.6x trailing earnings, First Merchants trades in line with the peer-group median of 12.1x. Its forward P/E of 8.8x is lower than the trailing multiple, which means analysts expect earnings to rise over the next year. The company is scheduled to report Sep/2026 results on Oct 21 after the market closes; analysts expect EPS of $1.04. First Merchants pays an annual dividend of $1.45 per share, a 3.69% yield at the current price.
Summary generated from market data by MetaCap's automated system. Methodology
About First Merchants
Company profileFirst Merchants Corporation operates as the financial holding company for First Merchants Bank that provides commercial and consumer banking services. The company offers a range of financial services, including checking, savings, and deposit products; debit and credit cards; mortgages, refinance, construction or renovation of residential properties, agricultural lending, treasury management services and depository products. It also provides personal and commercial wealth management services, brokerage, investment management, private banking, fiduciary estate, and financial planning services.
- Sector
- Finance
- Industry
- Major Banks
- Headquarters
- Muncie, IN
- Employees
- 2,086
- Website
- firstmerchants.com
Analyst forecast
ForecastConsensus (6 analysts)
buy
Avg. price target
$46.83+19.19%
- Strong buy 3
- Buy 2
- Hold 1
- Sell 0
- Strong sell 0
Target range
Ratings and targets reflect third-party analyst opinions, not MetaCap recommendations.
Earnings
Earnings history- Next report
- Oct 21, 2026
- EPS estimate
- $1.04
Dividends
Dividend history- Annual dividend
- $1.45
- Dividend yield
- 3.69%
- Last payment
- $0.37
- Ex-dividend date
- Sep 4, 2026
First Merchants peers
Finance sector| Company | Price | % Chg | Market cap | Compare |
|---|---|---|---|---|
| CUBICustomers Bancorp Inc | 74.15 | -1.13% | $2.51B | vs FRME |
| FBNCFirst Bancorp | 58.92 | -1.37% | $2.44B | vs FRME |
| BANRBanner Corporation | 66.20 | -1.37% | $2.43B | vs FRME |
| TRMKTrustmark Corporation | 44.37 | -1.81% | $2.58B | vs FRME |
| BUSEFirst Busey Corporation Class A | 28.97 | -1.46% | $2.39B | vs FRME |
| NBTBNBT Bancorp Inc. | 50.18 | -0.97% | $2.61B | vs FRME |
| FBKFB Financial Corporation | 52.26 | -0.76% | $2.61B | vs FRME |
| BOHBank of Hawaii Corporation | 66.40 | -1.34% | $2.62B | vs FRME |
Indexes, lists and sector
Appears in lists
First Merchants stock FAQ
What is First Merchants's stock price today?
FRME last traded at $39.29 as of Oct 7, 4:00 PM EDT, down 0.96% on the day. Prices are delayed at least 15 minutes.
Does First Merchants pay a dividend?
Yes. First Merchants pays $1.45 per share annually, a 3.69% yield. The most recent dividend of $0.37 had an ex-dividend date of Sep 4, 2026.
When is First Merchants's next earnings date?
First Merchants is expected to report earnings on Wednesday, October 21, 2026. Analysts expect EPS of $1.04.
What is FRME's P/E ratio?
FRME trades at a trailing P/E ratio of 12.63 and a forward P/E of 8.76, compared with a median of 12.1 for its closest peers.
Has FRME ever split its stock?
Yes. The most recent FRME stock split was a 105-for-100 split on Aug 27, 2003, one of 6 splits on record.
What is the FRME 52-week high?
The 52-week high for FRME is $45.33 and the 52-week low is $34.66. The stock is currently 13.3% below its high.