FRME

First Merchants Corporation
$44.59
-0.64 (-1.41%)
Mkt Cap 2.81B
Volume 429,085
52W Range 34.66-45.33
Sector Financial Services
Beta 0.85
EPS (TTM) 3.41
P/E Ratio 13.08
Revenue (TTM) 1.05B
Rev Growth (5Y) +13.5%
EPS Growth (5Y) +7.2%
AlphaVal · Fair Value
What we estimate one share is worth
$55.52
Fair Value moderate signal
19.7% below fair value
Modeled from cash flows & growth.
AlphaQuality · Grade
How strong & durable the business is
B-
Banks, Insurers & Asset Managers
64.4 / 100 composite
A bank, insurer or asset manager — graded A–F vs. similar companies.

Company Description

Track Record

Showing latest 4 periods • Swipe for more
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue 1.05B 1.05B 999.49M 712.95M 555.96M 558.43M 552.09M 484.40M 385.90M 318.51M 281.55M 270.69M
Net Income 226.00M 201.40M 223.79M 222.09M 205.53M 148.60M 164.46M 159.14M 96.07M 81.05M 65.38M 60.16M
EPS 3.90 3.42 3.74 3.83 3.82 2.75 3.20 3.23 2.13 1.99 1.73 1.66
Free Cash Flow 283.65M 266.21M 258.83M 284.29M 215.34M 204.81M 176.73M 180.24M 126.50M 103.72M 56.66M 75.84M
FCF / Share 4.91 4.57 4.36 4.93 4.00 3.79 3.44 3.66 2.80 2.55 1.50 2.09
Operating CF 283.65M 266.21M 258.83M 284.29M 215.34M 204.81M 178.41M 180.24M 126.50M 103.72M 56.66M 75.84M
Total Assets 19.03B 18.31B 18.41B 17.94B 15.45B 14.07B 12.46B 9.88B 9.37B 7.21B 6.76B 5.82B
Total Debt 999.93M 1.16B 1.03B 1.31B 634.25M 684.91M 732.70M 670.96M 834.39M 694.20M 568.54M 411.99M
Cash & Equiv 84.16M 386.51M 548.73M 248.66M 641.30M 585.20M 295.46M 176.21M 189.93M 152.39M 134.49M 166.14M
Book Value 2.47B 2.30B 2.25B 2.03B 1.91B 1.88B 1.79B 1.41B 1.30B 901.66M 850.51M 726.83M
Return on Equity 0.09 0.09 0.10 0.11 0.11 0.08 0.09 0.11 0.07 0.09 0.08 0.08
FRME News
Will First Merchants (FRME) Beat Estimates Again in Its Next Earnings Report?
Jul 17, 2026 09:11 AM · zacks.com
Small-cap outperformance is persisting — and these 15 quality stocks pay rich dividends
Jul 15, 2026 09:47 AM · marketwatch.com
First Merchants (FRME) Reports Next Week: Wall Street Expects Earnings Growth
Jul 15, 2026 07:01 AM · zacks.com
First Merchants Corporation Announces Cash Dividend on its Preferred Stock
Jul 13, 2026 12:05 PM · globenewswire.com
Why First Merchants (FRME) is a Top Dividend Stock for Your Portfolio
Jul 10, 2026 08:46 AM · zacks.com
First Merchants Corporation to Report Second Quarter 2026 Financial Results, Host Conference Call and Webcast
Jul 02, 2026 06:00 AM · globenewswire.com
First Merchants Bank and NCRC Announce New $2 Billion Community Benefits Agreement to Expand Impact Across the Midwest
Jun 25, 2026 10:30 AM · globenewswire.com
First Merchants (FRME) Could Be a Great Choice
Jun 24, 2026 08:46 AM · zacks.com
First Merchants Stock Up 15%: Why This $835,000 Insider Sale Doesn't Seem Like a Red Flag
Jun 18, 2026 11:22 AM · fool.com
Are You Looking for a High-Growth Dividend Stock?
Jun 08, 2026 08:55 AM · zacks.com