FRMEP
Financials

First Merchants Corporation

FRMEP
Since

Headquarters:

IN, United States

Exchange:

NASDAQ

Industry:

Banks—Regional

Number of Employees:

2.16K

Current Fiscal Year:

2024

Market Cap:

2.09B

Price per Share:

$25.6866

Quarterly Dividend per Share:

$0.47
Year-to-date Performance:
0.1817%
Dividend Yield:
5.46%
Price-to-book Ratio:
0.66
Trailing P/E Ratio:
8.50

Price History

Latest Prices

DateOpenHighLowClose
2025-04-3025.1925.686625.1925.6866
2025-04-2925.525.7725.525.77
2025-04-2825.664125.664125.664125.6641
2025-04-2525.3325.3325.3325.33
2025-04-2425.3325.3325.3325.33

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.

Financial Performance

2024 Revenue:626.09M

Detailed view of quarterly revenue

2024 Net Income:179.53M

Detailed view of quarterly net income

2024 Free Cash Flow:284.84M

Overview of free cash flow for the quarter

Annual Revenue Comparison

Compares total annual revenues

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