FRME

FIRST MERCHANTS CORP

—

Insider Sentiment

Last purchase: 2024-12-30
Last sale: 2026-08-19
Shares purchased (TTM): 0
Shares sold (TTM): 37,157.41

Buy ratio (TTM)0.0%

Institutional Sentiment

As of: 2026-06-30
Institutional shares owned: 46,466,737
Shares outstanding: 60,731,479
Ownership: 76.51%

+1.93% Y/Y

Earnings Market Reaction

Filing date: 2026-05-01
Price on filing date: —
1-month reaction: -0.69%
3-month reaction: 11.34%

Drift continued6/12 (50%)

Faded / reversed6/12 (50%)

Export data

Recent filings

10-Q2026-03-31Filed 2026-05-01
10-K2025-12-31Filed 2026-02-25
10-Q2025-09-30Filed 2025-10-30
10-Q2025-06-30Filed 2025-07-31
10-Q2025-03-31Filed 2025-05-01
10-K2024-12-31Filed 2025-02-24
10-Q2024-09-30Filed 2024-10-31
10-Q2024-06-30Filed 2024-08-01
10-Q2024-03-31Filed 2024-05-01
10-K2023-12-31Filed 2024-02-29
10-Q2023-09-30Filed 2023-11-01
10-Q2023-06-30Filed 2023-08-02

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Balance Sheet

Values in millions ($)

Line item	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30
Cash And Due From Banks	98	84	88	82	86	88	85	105	101	113	125	109
Interest Bearing Deposits In Banks	175	196	169	223	332	299	359	169	410	436	349	219
Debt Securities Available For Sale Excluding Accrued Interest	1,372	1,407	1,387	1,358	1,378	1,386	1,553	1,619	1,620	1,627	1,500	1,651
Debt Securities Held To Maturity Excluding Accrued Interest After Allowance For Credit Loss	1,937	1,972	1,995	2,023	2,049	2,074	2,109	2,134	2,163	2,184	2,214	2,240
Loans Receivable Held For Sale Amount	402	20	23	29	23	19	41	32	15	19	31	27
Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss	15,262	13,792	13,591	13,297	13,005	12,854	12,647	12,640	12,466	12,486	12,271	12,270
Assets
Assets	21,073	19,025	18,812	18,593	18,440	18,312	18,348	18,303	18,318	18,406	17,997	17,968
Financing Receivable Allowance For Credit Loss Excluding Accrued Interest	-213	-196	-194	-195	-192	-193	-188	-190	-205	-205	-206	-221
Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss	15,049	13,596	13,397	13,101	12,813	12,662	12,459	12,450	12,261	12,281	12,066	12,049
Property Plant And Equipment Net	146	121	122	123	129	130	130	133	133	134	132	114
Federal Home Loan Bank Stock	71	47	47	47	45	42	42	42	42	42	42	42
Interest Receivable	97	93	89	93	88	92	92	98	93	98	90	90
Goodwill	783	712	712	712	712	712	712	712	712	712	712	712
Intangible Assets Net Excluding Goodwill	42	14	15	17	18	20	22	23	25	27	29	31
Cash Surrender Value Of Life Insurance	371	308	307	306	305	305	305	306	306	306	306	307
Real Estate Acquired Through Foreclosure	1	1	1	0	5	5	5	5	5	5	6	8
Deferred Income Tax Assets Net	117	79	90	98	88	92	87	107	101	100	136	114
Other Assets	410	375	370	381	369	387	348	368	331	322	259	254
Liabilities
Noninterest Bearing Deposit Liabilities	3,748	2,137	2,101	2,197	2,185	2,326	2,334	2,303	2,338	2,500	2,555	2,636
Deposits
Deposits	16,486	15,295	14,870	14,798	14,462	14,522	14,365	14,569	14,885	14,821	14,647	14,581
Interest Bearing Deposit Liabilities	12,737	13,158	12,769	12,600	12,277	12,196	12,031	12,266	12,546	12,321	12,092	11,945
Federal Funds Purchased	170	40	199	85	185	99	30	147	-	0	0	0
Securities Sold Under Agreements To Repurchase	89	104	122	115	123	143	125	100	130	157	153	152
Borrowed Funds
Advances From Federal Home Loan Banks	1,299	799	799	899	972	823	833	833	613	713	713	723
Other Borrowings	86	58	58	63	63	94	94	94	119	159	159	151
Debt Longterm And Shortterm Combined Amount	1,645	1,000	1,178	1,161	1,343	1,158	1,081	1,174	862	1,029	1,025	1,027
Interest Payable Current And Noncurrent	19	18	18	16	13	16	18	19	19	19	16	14
Other Liabilities	250	245	333	270	289	311	292	329	328	289	216	201
Liabilities	18,400	16,558	16,399	16,245	16,108	16,007	16,045	16,091	16,093	16,158	15,904	15,823
Common Stock Value	8	7	7	7	7	7	7	7	7	7	7	7
Additional Paid In Capital	1,370	1,151	1,158	1,163	1,183	1,189	1,193	1,191	1,208	1,237	1,234	1,234
Stockholders Equity
Stockholders Equity	2,673	2,467	2,412	2,348	2,332	2,305	2,302	2,213	2,225	2,248	2,093	2,146
Retained Earnings Accumulated Deficit	1,419	1,414	1,378	1,342	1,307	1,273	1,229	1,201	1,182	1,155	1,133	1,097
Accumulated Other Comprehensive Income Loss Net Of Tax	-149	-130	-156	-190	-190	-189	-152	-212	-198	-176	-307	-218
Liabilities And Stockholders Equity	21,073	19,025	18,812	18,593	18,440	18,312	18,348	18,303	18,318	18,406	17,997	17,968
Cumulative Preferred Stock	0	0	0	0	0	0	0	0	0	0	0	0
Series A Preferred Stock	0	0	0	0	0	0	0	0	0	0	0	0
Debt Securities Held To Maturity Allowance For Credit Loss Excluding Accrued Interest	0	0	0	0	0	0	0	0	0	0	0	0
Held To Maturity Securities Fair Value	1,661	1,718	1,707	1,687	1,705	1,724	1,823	1,779	1,820	1,870	1,741	1,881
Common Stock Par Or Stated Value Per Share	0.13	0.12	0.13	0.13	0.13	0.12	0.13	0.13	0.13	0.12	0.13	0.13
Common Stock Shares Authorized	100	100	100	100	100	100	100	100	100	100	100	100
Common Stock Shares Issued	63	57	57	57	58	58	58	58	59	59	59	59
Shares Outstanding	63	57	57	57	58	58	58	58	59	59	59	59

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Recent filings

10-Q2026-03-31Filed 2026-05-01
10-K2025-12-31Filed 2026-02-25
10-Q2025-09-30Filed 2025-10-30
10-Q2025-06-30Filed 2025-07-31
10-Q2025-03-31Filed 2025-05-01
10-K2024-12-31Filed 2025-02-24
10-Q2024-09-30Filed 2024-10-31
10-Q2024-06-30Filed 2024-08-01
10-Q2024-03-31Filed 2024-05-01
10-K2023-12-31Filed 2024-02-29
10-Q2023-09-30Filed 2023-11-01
10-Q2023-06-30Filed 2023-08-02

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FIRST MERCHANTS CORP (FRME) — SEC Financial Statements & Analysis

FIRST MERCHANTS CORP (FRME) is a national commercial banks company, incorporated in IN. FIRST MERCHANTS CORP trades on Nasdaq as: FRME, FRMEP. FIRST MERCHANTS CORP (FRME)'s most recent SEC filing is a Form 10-Q for the period ended 2026-03-31, filed with the SEC on 2026-05-01. Based on that filing, FIRST MERCHANTS CORP carries a market cap of $2.33B, a P/E ratio of 11.86x, a P/B ratio of 0.87x, a P/S ratio of 66.15x, an enterprise value of $2.23B, and an EV/EBITDA multiple of -7.30x. On profitability, it posts a gross margin of -1017.85%, an operating margin of 632.98%, a net margin of 557.72%, a Return on Equity (ROE) of 7.85%, and a Return on Invested Capital (ROIC) of -12.44%. Per share, it reports EPS of $3.24, diluted EPS of $3.22, free cash flow per share of $4.62, and a dividend per share of $1.40. Over the trailing year, it posted revenue growth of 7.50% year-over-year, net income growth of -5.90% year-over-year, and EPS growth of -10.18% year-over-year. On the balance sheet, it maintains an interest coverage ratio of -0.60x, free cash flow of $280.54M (TTM), and net debt of $-98.08M. Figures sourced from SEC EDGAR.

Market Cap: $2.33B
P/E TTM: 11.86x
EPS TTM: $3.24
P/B TTM: 0.87x
ROE TTM: 7.85%
Free Cash Flow TTM: $280.54M
Net Revenue TTM Growth 1Y: 7.50%

Data as of 2026-03-31 · Source: SEC EDGAR

Frequently Asked Questions

What industry is FIRST MERCHANTS CORP in?

FIRST MERCHANTS CORP (FRME) operates in the National Commercial Banks industry.

What exchange does FRME trade on?

FIRST MERCHANTS CORP (FRME) trades on the Nasdaq.

Where is FIRST MERCHANTS CORP incorporated?

FIRST MERCHANTS CORP is incorporated in IN.

When was FIRST MERCHANTS CORP (FRME)'s most recent SEC filing?

FIRST MERCHANTS CORP (FRME)'s most recent SEC filing is a Form 10-Q for the period ended 2026-03-31, filed with the SEC on 2026-05-01.

What is FRME's market cap?

FIRST MERCHANTS CORP (FRME) has a market capitalization of $2.33B as of 2026-03-31.

What is FRME's P/E ratio?

FIRST MERCHANTS CORP (FRME)'s trailing twelve month P/E ratio is 11.86x as of 2026-03-31.

What is FRME's EPS (earnings per share)?

FIRST MERCHANTS CORP (FRME)'s trailing twelve month EPS is $3.24 as of 2026-03-31.

What is FRME's ROE (return on equity)?

FIRST MERCHANTS CORP (FRME)'s trailing twelve month Return on Equity (ROE) is 7.85% as of 2026-03-31.

What is FRME's ROIC (return on invested capital)?

FIRST MERCHANTS CORP (FRME)'s trailing twelve month Return on Invested Capital (ROIC) is -12.44% as of 2026-03-31.

What is FRME's EV/EBITDA?

FIRST MERCHANTS CORP (FRME)'s trailing twelve month EV/EBITDA is -7.30x as of 2026-03-31.

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FRME

Company Information

Insider Sentiment

Institutional Sentiment

Earnings Market Reaction

Recent filings

Recent filings

FIRST MERCHANTS CORP (FRME) — SEC Financial Statements & Analysis

Frequently Asked Questions

Wall Street's data.Main Street's price.

Wall Street's data.
Main Street's price.