First Merchants Corporation

First Merchants Corporation

FRMEP
First Merchants CorporationUS flagNASDAQ Global Select
25.61
USD
+0.01
- -
2.77BMarket Cap
First Merchants Corporation
FRMEP
(NASDAQ Global Select)

Recent

price

25.61

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic Weighted Avg Shares
192
192
217
210
249
257
292
348
415
443
492
520
628
651
627
663
660
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
6
5
4
5
6
6
7
8
9
9
11
11
12
12
27
29
31
Depreciation Expense
7
25
45
45
60
65
81
96
159
164
149
206
222
224
201
226
199
Net Income, GAAP
- -
25.53
26.02
26.29
26.89
28.19
25.41
28.09
15.41
15.13
12.58
14.64
13.14
13.67
13.09
12.78
10.84
Effective Tax Rate (%)
3.6
13.12
20.83
21.18
24.18
25.47
27.79
27.58
38.32
37.1
30.2
39.52
35.36
34.38
32.14
34.09
30.13
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
309
333
206
249
272
363
427
554
453
490
508
453
975
871
916
856
1,386
LT Debt
454
514
552
635
727
851
902
1,303
1,408
1,786
1,876
1,913
2,035
2,248
2,305
2,467
2,673
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
1.05
12.65
21.23
18.43
22.1
20.3
21.52
21.9
30
25.44
19.83
24.66
23.33
20.34
16.34
16.6
14.37
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
856
856
1,386
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
25
25
25
Shares Outstanding
57
57
63
Market Capitalization
- -
- -
- -

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
687
707
684
Accounts Receivable, Net
89
93
97
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
18
18
19
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.88%
5.68%
7.01%
Free Cash Flow
19.9%
7.62%
6.55%
Net Income, GAAP
15.12%
9.87%
12.21%
Sales/Revenue/Turnover
10.22%
6.43%
5.78%
Total Cash Common Dividend
19.01%
8.14%
1.58%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
154
160
156
157
627
2025
160
164
166
172
663
2026
157
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
First Merchants Corporation (NasdaqCM: FRMEP) operates as the holding company for First Merchants Bank, providing a range of commercial and retail banking services; personal banking products including checking and savings accounts, certificates of deposit, and individual retirement accounts; consumer loans such as auto, recreational vehicle, personal, and home equity loans; mortgage loans; commercial real estate loans; commercial business loans; and agricultural loans. The company also offers wealth management services, brokerage services, and leasing services through its subsidiaries. First Merchants Corporation serves customers primarily in Indiana, Illinois, Michigan, and Ohio from its headquarters in Muncie, Indiana, where it was founded in 1893.

Company News

APIChatGPT
  • First Merchants Corporation Announces Cash Dividend on its Preferred Stock

  • First Merchants Corporation (FRME) Q1 2026 Earnings Call Transcript

  • First Merchants Corporation Announces Cash Dividend on Its Preferred Stock

  • Short Interest in First Merchants Co. (NASDAQ:FRMEP) Rises By 506.7%

  • First Merchants Corporation Announces Cash Dividend on Its Preferred Stock

  • First Merchants Corporation Announces Cash Dividend on Its Preferred Stock

  • First Merchants Corporation Announces Cash Dividend on Its Preferred Stock

  • First Merchants Corporation Announces Cash Dividend on Its Preferred Stock

  • First Merchants Corporation Announces Cash Dividend on Its Preferred Stock

  • First Merchants Corporation Announces Cash Dividend on Its Preferred Stock