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DOW   30,814.26
QQQ   311.86
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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First Merchants Stock Forecast, Price & News

-0.59 (-1.42 %)
(As of 01/15/2021 12:00 AM ET)
Today's Range
Now: $40.82
50-Day Range
MA: $37.12
52-Week Range
Now: $40.82
Volume131,158 shs
Average Volume206,970 shs
Market Capitalization$2.21 billion
P/E Ratio14.68
Dividend Yield2.55%
First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans. The company also offers personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. It operates 128 banking locations in thirty Indiana, two Illinois, two Ohio, and two Michigan counties. The company offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.
First Merchants logo


Overall MarketRank

1.96 out of 5 stars

Finance Sector

258th out of 1,705 stocks

National Commercial Banks Industry

36th out of 144 stocks

Analyst Opinion: 1.3Community Rank: 2.2Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryRegional Banks
Current SymbolNASDAQ:FRME



Sales & Book Value

Annual Sales$552.09 million
Cash Flow$3.37 per share
Book Value$32.07 per share


Net Income$164.46 million


Market Cap$2.21 billion
Next Earnings Date1/28/2021 (Confirmed)
-0.59 (-1.42 %)
(As of 01/15/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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First Merchants (NASDAQ:FRME) Frequently Asked Questions

How has First Merchants' stock been impacted by Coronavirus?

First Merchants' stock was trading at $29.18 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, FRME shares have increased by 39.9% and is now trading at $40.82.
View which stocks have been most impacted by COVID-19

Is First Merchants a buy right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First Merchants in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" First Merchants stock.
View analyst ratings for First Merchants
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than First Merchants?

Wall Street analysts have given First Merchants a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but First Merchants wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is First Merchants' next earnings date?

First Merchants is scheduled to release its next quarterly earnings announcement on Thursday, January 28th 2021.
View our earnings forecast for First Merchants

How can I listen to First Merchants' earnings call?

First Merchants will be holding an earnings conference call on Thursday, January 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were First Merchants' earnings last quarter?

First Merchants Co. (NASDAQ:FRME) issued its earnings results on Wednesday, October, 28th. The bank reported $0.67 earnings per share for the quarter, topping analysts' consensus estimates of $0.64 by $0.03. The bank had revenue of $119.08 million for the quarter, compared to analyst estimates of $118.50 million. First Merchants had a return on equity of 8.50% and a net margin of 26.65%.
View First Merchants' earnings history

How often does First Merchants pay dividends? What is the dividend yield for First Merchants?

First Merchants declared a quarterly dividend on Monday, November 9th. Shareholders of record on Friday, December 4th will be given a dividend of $0.26 per share on Friday, December 18th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.55%. The ex-dividend date of this dividend is Thursday, December 3rd.
View First Merchants' dividend history

Is First Merchants a good dividend stock?

First Merchants pays an annual dividend of $1.04 per share and currently has a dividend yield of 2.51%. The dividend payout ratio of First Merchants is 30.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, First Merchants will have a dividend payout ratio of 41.60% next year. This indicates that First Merchants will be able to sustain or increase its dividend.
View First Merchants' dividend history.

What price target have analysts set for FRME?

3 brokers have issued 12-month target prices for First Merchants' stock. Their forecasts range from $28.00 to $35.00. On average, they expect First Merchants' share price to reach $30.67 in the next year. This suggests that the stock has a possible downside of 24.9%.
View analysts' price targets for First Merchants
or view Wall Street analyst' top-rated stocks.

Who are some of First Merchants' key competitors?

What other stocks do shareholders of First Merchants own?

Who are First Merchants' key executives?

First Merchants' management team includes the following people:
  • Mr. Mark K. Hardwick, CEO, COO & Exec. VP (Age 50, Pay $613.56k)
  • Mr. Michael J. Stewart, Pres & Chief Banking Officer (Age 55, Pay $562.36k)
  • Mr. Stephan H. Fluhler, Sr. VP & Chief Information Officer (Age 52, Pay $361.89k)
  • Mr. John J. Martin, Exec. VP & Chief Credit Officer (Age 54, Pay $426.19k)
  • Ms. Michele M. Kawiecki, Exec. VP, CFO & Principal Accounting Officer (Age 48)
  • Ms. Nicole M. Weaver, VP & Director of Corp. Admin.
  • Mr. Brian T. Hunt, Sec. & Legal Counsel (Age 61)
  • Ms. Karen Evens, VP & Director of Marketing
  • Mr. Steven C. Harris, Sr. VP & Director of HR (Age 57)
  • Mr. Jeffrey B. Lorentson, Sr. VP & Chief Risk Officer (Age 57)

What is First Merchants' stock symbol?

First Merchants trades on the NASDAQ under the ticker symbol "FRME."

Who are First Merchants' major shareholders?

First Merchants' stock is owned by a number of retail and institutional investors. Top institutional investors include Park National Corp OH (0.13%) and Ullmann Financial Group Inc. (0.01%). Company insiders that own First Merchants stock include Charles E Schalliol, Gary Lehman, Jeffrey B Lorentson, Mark K Hardwick, Michael C Marhenke, Michael C Rechin, Michael J Stewart, Patrick A Sherman and Stephan Fluhler.
View institutional ownership trends for First Merchants

Which major investors are selling First Merchants stock?

FRME stock was sold by a variety of institutional investors in the last quarter, including Park National Corp OH. Company insiders that have sold First Merchants company stock in the last year include Michael C Rechin, and Michael J Stewart.
View insider buying and selling activity for First Merchants
or view top insider-selling stocks.

Which major investors are buying First Merchants stock?

FRME stock was bought by a variety of institutional investors in the last quarter, including Ullmann Financial Group Inc.. Company insiders that have bought First Merchants stock in the last two years include Gary Lehman, Mark K Hardwick, Michael C Marhenke, and Patrick A Sherman.
View insider buying and selling activity for First Merchants
or or view top insider-buying stocks.

How do I buy shares of First Merchants?

Shares of FRME can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is First Merchants' stock price today?

One share of FRME stock can currently be purchased for approximately $40.82.

How big of a company is First Merchants?

First Merchants has a market capitalization of $2.21 billion and generates $552.09 million in revenue each year. The bank earns $164.46 million in net income (profit) each year or $3.46 on an earnings per share basis. First Merchants employs 1,891 workers across the globe.

What is First Merchants' official website?

The official website for First Merchants is www.firstmerchants.com.

How can I contact First Merchants?

First Merchants' mailing address is 200 EAST JACKSON STREET, MUNCIE IN, 47305. The bank can be reached via phone at 765-747-1500 or via email at [email protected]

This page was last updated on 1/16/2021 by MarketBeat.com Staff

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