FRME First Merchants Corporation
USFinancial ServicesAs of 2026-07-10 12:15
Why FRME matters now
First Merchants Corporation (FRME) is a US stock in Financial Services. The latest InvestLog snapshot shows $42.59 with +0.11% on the session and $2.68B in market capitalization; recent performance reads 1-month +2.83% and YTD +8.64%.
The latest financial table shown here is Q1 2026, with revenue of $253.3M, net income of $28.2M, and EPS of $0.46. Investors can compare that operating picture with valuation signals such as P/E 11.52 and FCF yield 10.9%.
The latest indexable market news headline is "First Merchants Corporation to Report Second Quarter 2026 Financial Results, Host Conference Call and Webcast" from GlobeNewsWire.
Additional event context on this page matters because analyst consensus is Buy with a median target of $49.00; recent insider activity includes Myers Larry W filing S-Sale. These signals are research inputs, not a recommendation.
Valuation
P/E (TTM)
11.52
PEG
0.94
P/B
0.93
P/S
2.44
EV/EBITDA
16.22
DCF Value
$50.29
FCF Yield
10.9%
Div Yield
3.6%
Margins & Returns
Gross Margin
60.5%
Operating Margin
21.2%
Net Margin
18.9%
ROE
8.0%
ROA
0.9%
ROIC
7.5%
Financials
| Period | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $253.3M | $28.2M | $0.46 |
| Q4 2025 | $269.8M | $57.1M | $0.99 |
| FY 2025 | $1.05B | $226.0M | $3.88 |
| Q3 2025 | $267.6M | $56.8M | $0.98 |
Analyst Ratings
Consensus
Buy
Target (Consensus)
$49.00
Target (Median)
$49.00
Target Range
$49.00 - $49.00
Trading Activity
Insider Trades
Related Stocks
Latest News
Company Info
Sector
Financial Services
Industry
Banks - Regional
Country
US
Exchange
—
Beta
0.86
First Merchants Corporation operates as a financial holding entity, primarily conducting its business through its subsidiary, First Merchants Bank. This institution delivers a full spectrum of community banking solutions. It accepts various types of deposits, including term, savings, and checking accounts. The company also extends a wide array of lending products, such as consumer, commercial, agricultural business, and real estate mortgage loans, in addition to public finance options. Beyond standard banking, First Merchants provides personal and corporate trust services, brokerage capabilities, and private wealth management. Its corporate offerings further include letters of credit, repurchase agreements, and other specialized financial services. The company maintains a network of 109 physical banking locations situated across counties in Indiana, Illinois, Ohio, and Michigan. Furthermore, it offers convenient access to its services via electronic and mobile platforms. First Merchants Corporation was established in 1893 and is headquartered in Muncie, Indiana.