FRME - First Merchants Corporation
Price:
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$49.00
DETAILS
HIGH:
$49.00
LOW:
$49.00
MEDIAN:
$49.00
CONSENSUS:
$49.00
UPSIDE:
22.07%
About First Merchants Corporation (https://www.firstmerchants.com)
First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans, as well as public finance. The company also offers personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. It operates 109 banking locations in Indiana, Illinois, Ohio, and Michigan counties. The company also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded 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 | – |
| Julie Crabtree | Corporate Controller & First Vice President | – | – |
| Marcos Nogues | Chief Investment Officer | – | – |
| Nicole Weaver | Vice President & Director of Corporate Administration | – | – |
| Steven C. Harris | Executive VP & Chief Human Resources Officer | 1964 | – |