Positive News SentimentPositive NewsNASDAQ:FRME First Merchants (FRME) Stock Price, News & Analysis $37.46 0.00 (-0.01%) As of 10:08 AM Eastern This is a fair market value price provided by Polygon.io. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsBuy This Stock About First Merchants Stock (NASDAQ:FRME) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get First Merchants alerts:Sign Up Key Stats Today's Range$37.50▼$37.8750-Day Range$35.37▼$41.7352-Week Range$33.13▼$46.13Volume8,915 shsAverage Volume291,061 shsMarket Capitalization$2.16 billionP/E Ratio9.73Dividend Yield3.84%Price Target$48.25Consensus RatingBuy Company Overview First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. The company offers a range of financial services, including time, savings, and demand deposits; and consumer, commercial, agri-business, public finance, and real estate mortgage loans. It also provides personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. The company operates banking locations in Indiana, Illinois, Ohio, and Michigan counties. It also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana. Read More First Merchants Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks100th Percentile Overall ScoreFRME MarketRank™: First Merchants scored higher than 100% of companies evaluated by MarketBeat, and ranked 49th out of 918 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.5 / 5Analyst RatingBuy Consensus RatingFirst Merchants has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageFirst Merchants has only been the subject of 1 research reports in the past 90 days.Read more about First Merchants' stock forecast and price target. Earnings and Valuation3.1 / 5Proj. Earnings Growth7.12% Earnings GrowthEarnings for First Merchants are expected to grow by 7.12% in the coming year, from $3.79 to $4.06 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Merchants is 9.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 27.55.Price to Earnings Ratio vs. SectorThe P/E ratio of First Merchants is 9.70, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.74.Price to Book Value per Share RatioFirst Merchants has a P/B Ratio of 0.93. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about First Merchants' valuation and earnings. Short Interest5.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.16% of the outstanding shares of First Merchants have been sold short.Short Interest Ratio / Days to CoverFirst Merchants has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in First Merchants has recently decreased by 23.28%, indicating that investor sentiment is improving significantly. Dividend5.0 / 5Dividend StrengthStrong Dividend LeadershipFirst Merchants is a leading dividend payer. It pays a dividend yield of 3.82%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthFirst Merchants has been increasing its dividend for 13 years.Dividend CoverageThe dividend payout ratio of First Merchants is 37.31%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, First Merchants will have a dividend payout ratio of 35.47% next year. This indicates that First Merchants will be able to sustain or increase its dividend.Read more about First Merchants' dividend. Sustainability and ESG2.5 / 5Environmental Score-0.67 Percentage of Shares Shorted1.16% of the outstanding shares of First Merchants have been sold short.Short Interest Ratio / Days to CoverFirst Merchants has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in First Merchants has recently decreased by 23.28%, indicating that investor sentiment is improving significantly. News and Social Media2.6 / 5News Sentiment1.77 News SentimentFirst Merchants has a news sentiment score of 1.77. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for First Merchants this week, compared to 4 articles on an average week. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, First Merchants insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.37% of the stock of First Merchants is held by insiders.Percentage Held by Institutions73.92% of the stock of First Merchants is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about First Merchants' insider trading history. Receive FRME Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First Merchants and its competitors with MarketBeat's FREE daily newsletter. Email Address FRME Stock News HeadlinesFirst Merchants (FRME) Stock Rating Maintained, Price Target Adjusted | FRME Stock NewsJuly 28, 2025 | gurufocus.comFirst Merchants Corporation (FRME) Q2 2025 Earnings Call TranscriptJuly 24, 2025 | seekingalpha.comBREAKING: The House just passed 3 pro-crypto bills!THREE pro-crypto bills just passed the House! Now, experts believe altcoin season is officially here. August 7 at 2:00 AM | Crypto 101 Media (Ad)First Merchants Corporation 2025 Q2 - Results - Earnings Call PresentationJuly 24, 2025 | seekingalpha.comFirst Merchants Corporation Announces Second Quarter 2025 Earnings Per ShareJuly 24, 2025 | finanznachrichten.deFirst Merchants (NASDAQ:FRME) Reports Sales Below Analyst Estimates In Q2 EarningsJuly 24, 2025 | finance.yahoo.comFirst Merchants (FRME) Reports Q2 Revenue and Strong Capital Position | FRME Stock NewsJuly 23, 2025 | gurufocus.comFRME - First Merchants Corp Executives - MorningstarJuly 16, 2025 | morningstar.comMSee More Headlines FRME Stock Analysis - Frequently Asked Questions How have FRME shares performed this year? First Merchants' stock was trading at $39.89 at the start of the year. Since then, FRME stock has decreased by 6.1% and is now trading at $37.46. How were First Merchants' earnings last quarter? First Merchants Corporation (NASDAQ:FRME) posted its quarterly earnings results on Wednesday, July, 23rd. The bank reported $0.98 EPS for the quarter, topping analysts' consensus estimates of $0.94 by $0.04. The bank earned $170.52 million during the quarter, compared to the consensus estimate of $172.13 million. First Merchants had a trailing twelve-month return on equity of 9.88% and a net margin of 21.35%. Read the conference call transcript. Who are First Merchants' major shareholders? Top institutional investors of First Merchants include William Blair Investment Management LLC (1.24%), Bank of New York Mellon Corp (1.16%), First Merchants Corp (0.93%) and Strs Ohio (0.31%). Insiders that own company stock include Patrick J Fehring, Michael J Stewart, Michael C Rechin, Gary Lehman, Charles E Schalliol, Howard Halderman, Stephan Fluhler and Jason R Sondhi. View institutional ownership trends. How do I buy shares of First Merchants? Shares of FRME stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. What other stocks do shareholders of First Merchants own? Based on aggregate information from My MarketBeat watchlists, some other companies that First Merchants investors own include Tesla (TSLA), JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX) and Visa (V). Company Calendar Record date for 6/20 Dividend6/06/2025Ex-Dividend for 6/20 Dividend6/06/2025Dividend Payable6/20/2025Last Earnings7/23/2025Today8/07/2025Next Earnings (Estimated)10/23/2025Fiscal Year End12/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry BANKS - MIDWEST Sub-IndustryRegional Banks Current SymbolNASDAQ:FRME CIK712534 Webwww.firstmerchants.com Phone(765) 747-1500Fax765-282-6304Employees2,120Year Founded1982Price Target and Rating Average Price Target for First Merchants$48.25 High Price Target$50.00 Low Price Target$46.00 Potential Upside/Downside+28.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Trailing Twelve Months)$3.86 Trailing P/E Ratio9.70 Forward P/E Ratio9.88 P/E GrowthN/ANet Income$201.40 million Net Margins21.35% Pretax Margin24.72% Return on Equity9.88% Return on Assets1.23% Debt Debt-to-Equity Ratio0.41 Current Ratio0.90 Quick Ratio0.90 Sales & Book Value Annual Sales$1.07 billion Price / Sales2.01 Cash Flow$3.93 per share Price / Cash Flow9.53 Book Value$40.23 per share Price / Book0.93Miscellaneous Outstanding Shares57,730,000Free Float56,941,000Market Cap$2.16 billion OptionableOptionable Beta1.08 Social Links Options Trading Made Easy - Download NowLearn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.Get This Free Report This page (NASDAQ:FRME) was last updated on 8/7/2025 by MarketBeat.com Staff From Our PartnersBREAKING: The House just passed 3 pro-crypto bills!THREE pro-crypto bills just passed the House! Now, experts believe altcoin season is officially here. Crypto 101 Media | SponsoredMan Who Called Nvidia at $1.10 Says Buy This Now...In 2004, one man called Nvidia before just about anyone knew it existed. Now, this same guy says a new comp...The Oxford Club | SponsoredCrypto Income (almost instantly)How would you like to collect a small percentage of the $4 billion changing hands daily in the crypto market? ...Awesomely, LLC | SponsoredElon’s Secret Social Security BombshellTo All Americans Born Before April 16th, 1963: Did Trump Just Give The Green Light To Radically RE-DO Social S...Banyan Hill Publishing | SponsoredWall Street Hates This Gold IRA Strategy—Here’s WhyWhat if I told you there's a legal way to own real physical gold and silver—and keep your gains tax-free? N...Advantage Gold | SponsoredTrump’s national nightmare is herePorter Stansberry and Jeff Brown say a new U.S. national emergency is already underway — and it could trigger ...Porter & Company | Sponsored[Shocking New Report] U.S. Dollar To Crash?The "Death Spiral" Threatening Your Savings But this time, it's not just Dalio ringing the alarm bells…Goldco Precious Metals | SponsoredREVEALED FREE: Our top 3 stocks to own in 2025 and beyondEvery time Weiss Ratings flashed green like this, the average gain on each and every stock has been 303% (incl...Weiss Ratings | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added ten stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding First Merchants Corporation Please log in to your account or sign up in order to add this asset to your watchlist. Share First Merchants With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.