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NASDAQ:FRMEP

First Merchants (FRMEP) Stock Price, News & Analysis

$25.45
0.00 (0.00%)
(As of 05/28/2024 ET)
Today's Range
$25.45
$25.45
50-Day Range
$25.00
$25.90
52-Week Range
$22.79
$26.43
Volume
3 shs
Average Volume
1,200 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
7.39%
Price Target
N/A
FRMEP stock logo

About First Merchants Stock (NASDAQ:FRMEP)

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.

FRMEP Stock Price History

FRMEP Stock News Headlines

What Wall Street expects from First Merchants's earnings
FRMEP
First Merchants Bank
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Company Calendar

Ex-Dividend for 5/15 Dividend
4/29/2024
Dividend Payable
5/15/2024
Today
5/29/2024

Industry, Sector and Symbol

Industry
Banks - Regional
Sub-Industry
N/A
Current Symbol
NASDAQ:FRMEP
Fax
N/A
Employees
2,162
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$635.59 million

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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Key Executives

  • Mr. Mark K. Hardwick (Age 53)
    CEO & Director
    Comp: $1.17M
  • Mr. Michael C. Rechin (Age 65)
    Advisor & Vice Chair
    Comp: $60.82k
  • Mr. Michael J. Stewart (Age 58)
    President
    Comp: $967.65k
  • Ms. Michele M. Kawiecki (Age 51)
    Executive VP, CFO & Principal Accounting Officer
    Comp: $698.49k
  • Mr. Stephan H. Fluhler (Age 55)
    Senior VP & Chief Information Officer
    Comp: $532.39k
  • Mr. John J. Martin (Age 57)
    Executive VP & Chief Credit Officer
    Comp: $617.04k
  • Mr. Marcos Nogues C.F.A.
    Chief Investment Officer
  • Ms. Nicole M. Weaver
    VP & Director of Corporate Administration
  • Mr. Brian T. Hunt (Age 64)
    Secretary & Legal Counsel
  • Mr. Steven C. Harris (Age 60)
    Senior VP & Chief Human Resources Officer

FRMEP Stock Analysis - Frequently Asked Questions

How have FRMEP shares performed in 2024?

First Merchants' stock was trading at $24.73 at the beginning of the year. Since then, FRMEP stock has increased by 2.9% and is now trading at $25.45.
View the best growth stocks for 2024 here
.

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

First Merchants declared a quarterly dividend on Monday, April 15th. Stockholders of record on Tuesday, April 30th will be given a dividend of $0.4688 per share on Wednesday, May 15th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 7.37%. The ex-dividend date of this dividend is Monday, April 29th.
Read our dividend analysis for FRMEP
.

Is First Merchants a good dividend stock?

First Merchants (NASDAQ:FRMEP) pays an annual dividend of $1.88 per share and currently has a dividend yield of 7.90%. FRMEP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for FRMEP.

How do I buy shares of First Merchants?

Shares of FRMEP 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.
Compare Top Brokerages Here.

This page (NASDAQ:FRMEP) was last updated on 5/29/2024 by MarketBeat.com Staff

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