
FRME · NASDAQ
First Merchants Corporation
$41.34 +0.67 (+1.65%)
Company overview
First Merchants Corporation operates as the financial holding company for First Merchants Bank, providing community banking services. The company accepts time, savings, and demand deposits, and offers consumer, commercial, agri-business, and real estate mortgage loans, as well as public finance services. It also provides personal and corporate trust, brokerage and private wealth management, letters of credit, repurchase agreements, and other corporate services. The company operates 109 banking locations across Indiana, Illinois, Ohio, and Michigan counties and offers services through electronic and mobile delivery channels. Founded in 1893, First Merchants Corporation is headquartered in Muncie, Indiana.
- Sector
- Financial Services
- Industry
- Banks - Regional
- Exchange
- NASDAQ
- Market cap
- $2.6B
- Employees
- 2,120
- Headquarters
- Muncie, IN
- Website
- firstmerchants.com
- CEO
- Mark K. Hardwick
- Listed
- June 20, 1989
- P/E
- 12.12
- Dividend yield
- 3.47%
Company financials
- Revenue
- $1.1B
- Gross profit
- $636M
- Operating income
- $223M
- EBITDA
- $245M
- Net income
- $199M
- EPS
- $3.41
- Total assets
- $21.1B
- Total debt
- $1.6B
- Gross margin
- 60.47%
- Net margin
- 18.90%
- Earnings yield
- 8.25%
No geographic segmentation.
Showing FY 2025