Founded in 1893, First Merchants (NASDAQ:FRME) is a diversified financial services holding company headquartered in Indianapolis, Indiana. Through its principal subsidiary, First Merchants Bank, the company offers a wide array of banking solutions to individuals, businesses and institutions. Services include deposit and lending products, cash management and payment solutions, mortgage financing and other consumer and commercial banking services. The bank’s retail network is complemented by digital banking platforms that enable customers to manage accounts, initiate transfers and access financial tools online or via mobile applications.
Over its history, First Merchants has expanded beyond its Indiana origins to serve communities in Ohio and Michigan. Growth has been driven by a combination of organic expansion and strategic acquisitions of community banks and trust companies that share its community‐oriented philosophy. This ongoing expansion has allowed the company to deliver localized service while leveraging centralized technology, risk management and operational infrastructure. By maintaining a community banking approach, First Merchants aims to build long‐term relationships and support economic development in each market it serves.
In addition to traditional banking, First Merchants offers wealth management and trust services through its First Merchants Wealth Management subsidiary. Offerings include investment advisory, retirement planning and estate administration tailored to high‐net‐worth individuals and families. The company also provides commercial and treasury management services such as merchant card processing, payroll administration and liquidity management. Its mortgage business works with homebuyers and referral partners to deliver customized purchase and refinance loan solutions.
First Merchants is led by President and Chief Executive Officer Mark Hardwick, whose leadership is supported by a seasoned executive team with expertise in banking, finance and risk management. The board of directors comprises community and industry leaders who guide the company’s strategic direction and governance. Committed to corporate responsibility, First Merchants engages in philanthropic efforts and community development programs across its service area, emphasizing financial literacy, small‐business support and charitable giving.
