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Buy Day today: Neutral (53) Mixed market breadth · no major macro event

First Merchants Corporation (FRME)

Financial Services Banks - Regional
43.10 $
-0.2% vs. previous close
Closing price · As of: 31. Jul 2026
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Trading Day

Previous Close
43.20$
Open
43.20$
Day High
43.50$
Day Low
42.60$
Volume
331,635shares

Key levels of the most recently completed trading day — not a live quote.

52-Week Range

52-Week Low 52-Week High
35.00 $ 45.20 $
11/17/2025 07/16/2026

Current price 43.10 $ — 79% of the range above the low.

Lowest and highest closing price over the last 52 weeks. The marker shows where the current price sits within that range: close to the high speaks for strength, close to the low for weakness.

Basics

Market Cap
2.7$B
Shares Outstanding
63Mio.
Float
98.2%
Beta
0.8

Performance

Perf. 1M
8.20%
Perf. 3M
15.80%
Perf. 6M
15.40%
YTD Performance (%)
13.90%
52-Week-High Distance
0.0%
Perf. 1Y
17.42%
Perf. 3Y
50.87%
Perf. 5Y
26.99%
Perf. 10Y
122.28%
Perf. Since Inception
2,237.58%

Technical Indicators

MA 38 Days
42.70$
MA 50 Days
42.10$
MA 200 Days
39.40$
RSI (14)
51.1
Volatility 30 Days
24.9%
Volatility 250 Days
24.1%

Calculated from the price history · as of 08/03/2026

Valuation

P/E
12.8
Forward P/E
12.0
PEG
1.4
P/B
1.0
P/S
2.6
EV/EBITDA
0.0
Price/FCF
9.7

Profitability

Gross Margin
100.0%
EBIT Margin
22.6%
Net Margin
31.2%
Return on Equity
8.0%
Return on Assets
1.0%

Balance Sheet & Safety

Equity Ratio
12.7%
Debt/Equity
0.6
Altman Z″
4.10
Piotroski
4 out of 9

Growth

Sales Growth Last Quarter
-2.50%
EPS Growth Last Quarter
-52.10%
Sales Growth (Year)
-0.32%
Forward Sales Growth
5.36%
Forward EPS Growth
7.50%

Dividend

Dividend Yield
3.41%
Dividend Per Share (TTM)
1.45$
Payout Ratio
36.4%
Years Without a Cut
15Years
Increase Streak
14Years

Quality & Screener

Stage
2
RS Rating
51
EPS Rating
14
Piotroski
4 out of 9
Fundamental Rating
D (43 out of 100)
Altman Z″
4.10

AI Rating

Not yet rated — we only show a category once an SEC-backed file with at least two cited passages is available. How the Rating Is Built

Analysts & Price Target

Current Price 43.10 $
Price Target (average) 48.00 $

The price target sits 11.4% above the current price.

Consensus
Strong Buy

Combined picture of the price targets and recommendations of every analyst covering the stock. Price targets are expectations for the next 12 months, not promises — and they often follow the price rather than predict it.

Next Reporting Date

21. Oct 2026 · after the close · Q3 2026
Expected Earnings per Share
1.06 $

Expected date of the next quarterly or annual figures. Dates do shift occasionally — only the invitation issued by the company is binding.

Revenue & Profit

Cash Flow

Balance Sheet

Margins

Per Share

Click the chart or tab into it, then use ← and → to step through the periods.

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The figures could not be loaded right now.

Sales Per Quarter ($M)
2024: Q4 · 257.4 $M Q4 2025: Q1 · 252.6 $M Q1 2025: Q2 · 261.0 $M Q2 2025: Q3 · 267.6 $M Q3 2025: Q4 · 269.8 $M Q4 2026: Q1 · 253.3 $M Q1

Source: fundamental data

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Quarterly Figures

Quarterly Figures
Quarter EPS (Earnings Per Share) EPS YoY (%) Sales ($M) Sales YoY (%) Net Margin (%) OCF ($M) FCF ($M)
2024: Q4 1.10 54.90 257 -2.30 25.00 68 68
2025: Q1 0.95 17.50 253 -3.80 21.90 62 62
2025: Q2 0.98 43.70 261 -2.50 21.80 54 54
2025: Q3 0.99 17.10 268 0.60 21.20 88 88
2025: Q4 0.99 -10.10 270 4.80 21.20 81 81
2026: Q1 0.46 -51.40 253 0.30 11.10 59 59
What Do These Terms Mean?
EPS (Earnings Per Share):
Quarterly profit divided by the total share count — how much of the profit works out to a single share.
YoY (Year over Year):
Change versus the same quarter a year ago — this is how you compare without seasonal distortion (e.g. the holiday shopping season).
Sales:
All revenue for the quarter, before any costs are deducted — the top line of the income statement.
Net Margin:
What percentage of sales is left over as profit in the end. Negative means the company is posting a loss.
OCF (Operating Cash Flow):
The cash that actually flows into the till from the core business during the quarter — harder to dress up than book profit.
FCF (Free Cash Flow):
Operating cash flow minus capital expenditures — the money that's genuinely free to use, say for paying down debt, buybacks, or dividends.

About the Company

First Merchants Corporation ist die Finanzholdinggesellschaft der First Merchants Bank, die Firmen- und Privatkunden-Bankdienstleistungen anbietet. Das Unternehmen bietet eine Reihe von Finanzdienstleistungen, darunter Giro-, Spar- und Einlagenprodukte; Debit- und Kreditkarten; Hypotheken, Refinanzieru…

Employees2,086
HeadquartersMuncie, IN
Websitefirstmerchants.com
IPO Date25. Feb 1992

Management

Management
Name Title Birth Year
Mark K. Hardwick CPA CEO & Director 1971
Michael C. Rechin Advisor & Vice Chair 1959
Michael J. Stewart President 1966
Michele M. Kawiecki Executive VP, CFO & Principal Accounting Officer 1973
John J. Martin Executive VP & Chief Credit Officer 1967
Joseph C. Peterson Executive VP & Chief Commercial Officer 1976
Marcos Nogues C.F.A. Chief Investment Officer
Stephan H. Fluhler Senior VP & Chief Information Officer 1969
Nicole M. Weaver VP & Director of Corporate Administration
Brian T. Hunt J.D. Secretary & Legal Counsel 1960

Executives per the latest required filings; titles kept in their original language. Source: fundamental data.

Chart

Interactive price chart (TradingView).

Data as of: July 31, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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