First Merchants

1D
1W
1M
3M
YTD
1Y
5Y
ALL

Why Robinhood?

Robinhood gives you the tools you need to put your money in motion. You can buy or sell FRME and other ETFs, options, and stocks.

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
2.52B
Market cap2.52B
Price-Earnings ratio
11.79
Price-Earnings ratio11.79
Dividend yield
3.60%
Dividend yield3.60%
Average volume
321.18K
Average volume321.18K
High today
$40.49
High today$40.49
Low today
$39.86
Low today$39.86
Open price
$40.04
Open price$40.04
Volume
249.63K
Volume249.63K
52 Week high
$43.22
52 Week high$43.22
52 Week low
$34.66
52 Week low$34.66

Stock Snapshot

The current First Merchants(FRME) stock price is $40.02, with a market capitalization of 2.52B. The stock trades at a price-to-earnings (P/E) ratio of 11.79 and offers a dividend yield of 3.6%.

During the trading session on 2026-06-09, First Merchants(FRME) shares reached a daily high of $40.49 and a low of $39.86. At a current price of $40.02, the stock is +0.4% higher than the low and still -1.2% under the high.

Trading volume for First Merchants(FRME) stock has reached 249.63K, versus its average volume of 321.18K.

The stock's 52-week range extends from a low of $34.66 to a high of $43.22.

The stock's 52-week range extends from a low of $34.66 to a high of $43.22.

FRME News

Simply Wall St 2d
Does Forbes’ 2026 Bank Ranking Really Validate First Merchants’ Hybrid Digital‑Community Strategy?

First Merchants Bank was recently named to Forbes’ World’s Best Banks 2026 list, based on global customer surveys covering trust, service quality, and overall e...

Does Forbes’ 2026 Bank Ranking Really Validate First Merchants’ Hybrid Digital‑Community Strategy?
Simply Wall St 4d
A Look At First Merchants Valuation After Forbes World’s Best Banks 2026 Recognition

Advertisement Why Forbes’ recognition matters for First Merchants stock First Merchants (FRME) stock is drawing attention after First Merchants Bank was inclu...

A Look At First Merchants Valuation After Forbes World’s Best Banks 2026 Recognition

Analyst ratings

67%

of 6 ratings
Buy
66.7%
Hold
33.3%
Sell
0%

People also own

Based on the portfolios of people who own FRME. This list is generated using Robinhood data, and it’s not a recommendation.

Similar Marketcap

This list is generated by looking at the six larger and six smaller companies by market cap in relation to this company.

Popular Stocks

This list is generated by looking at the top 100 stocks and ETFs most commonly held by Robinhood customers and showing a random subset

Newly Listed

This list is generated by showing companies that recently went public.

All investments involve risks, including the loss of principal. Securities trading offered through Robinhood Financial LLC, Member SIPC and a registered broker-dealer. Options are risky and aren’t suitable for all investors. To learn more about risks, read the Options Disclosure Document.