First Merchants

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About FRME

First Merchants Corp. (Indiana) is a bank holding company, which engages in the provision of financial services.

CEO

Mark K. Hardwick

CEOMark K. Hardwick

Employees

2,086

Employees2,086

Headquarters

Muncie, Indiana

HeadquartersMuncie, Indiana

Founded

1982

Founded1982

Employees

2,086

Employees2,086

FRME Key Statistics

Market cap

2.80B

Market cap2.80B

Price-Earnings ratio

12.87

Price-Earnings ratio12.87

Dividend yield

3.32%

Dividend yield3.32%

Average volume

581.36K

Average volume581.36K

High today

$44.47

High today$44.47

Low today

$43.48

Low today$43.48

Open price

$43.84

Open price$43.84

Volume

89.73K

Volume89.73K

52 Week high

$44.47

52 Week high$44.47

52 Week low

$34.66

52 Week low$34.66

Stock Snapshot

First Merchants(FRME) stock is priced at $44.44, giving the company a market capitalization of 2.8B. It carries a P/E multiple of 12.87 and pays a dividend yield of 3.32%.

On 2026-07-01, First Merchants(FRME) stock moved within a range of $43.48 to $44.47. With shares now at $44.44, the stock is trading +2.2% above its intraday low and -0.1% below the session's peak.

Trading activity shows a volume of 89.73K, compared to an average daily volume of 581.36K.

Over the past 52 weeks, First Merchants(FRME) stock has traded between a high of $44.47 and a low of $34.66.

FRME News

Simply Wall St 2d

Does First Merchants’ Index Exit and New Buyback Reveal a Deeper Capital Allocation Shift?

In late June 2026, First Merchants Corporation was removed from several Russell growth indices, including the Russell 3000 Growth and Russell 2000 Growth benchm...

Investing.com 5d

First Merchants Corporation stock hits 52-week high at 43.92 USD - Investing.com

...

TipRanks 5d

First Merchants price target raised to $51 from $49 at Piper Sandler

Piper Sandler raised the firm’s price target on First Merchants (FRME) to $51 from $49 and keeps an Overweight rating on the shares. The firm adjusted targets i...

Analyst ratings

67%

of 6 ratings

Buy

66.7%

Hold

33.3%

Sell

More FRME News

Simply Wall St 6d

Is First Merchants Undervalued As Its New Buyback Signals Confidence?

First Merchants (FRME) is back in focus after its board approved a new stock repurchase program authorizing buybacks of up to 3,125,000 shares, with a cap of US...

TipRanks 7d

First Merchants Announces New $100 Million Share Buyback

Unlock powerful investing tools and data-driven insights with TipRanks Premium for more confident investment decisions. Discover top stock picks and new invest...

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