First Merchants Corporation logo FRME - First Merchants Corporation

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| PRICE TARGET: $49.00 DETAILS
HIGH: $49.00
LOW: $49.00
MEDIAN: $49.00
CONSENSUS: $49.00
UPSIDE: 13.48%

About First Merchants Corporation (https://www.firstmerchants.com)

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.

Key Executives

NAME TITLE DOB SALARY
Mark K. Hardwick Chief Executive Officer & Director 1971 $1,603,312 USD
Michael J. Stewart President 1966 $1,151,659 USD
Michele Kawiecki Executive Vice President, Chief Financial Officer & Principal Accounting Officer 1973 $882,280 USD
John J. Martin Executive Vice President & Chief Credit Officer 1967 $745,995 USD
Joseph C. Peterson Executive Vice President & Chief Commercial Officer 1976 $683,256 USD
Stephan H. Fluhler Senior Vice President & Chief Information Officer 1969 $532,394 USD
Michael C. Rechin Advisor & Vice Chair 1959 $69,161 USD
Brian T. Hunt Secretary & Legal Counsel 1960
Eva D. Scurlock Senior Vice President & Chief Risk Officer 1978
Marcos Nogues Chief Investment Officer
Nicole Weaver Vice President & Director of Corporate Administration

Company Peers

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