Stock Taper
SCREENER COMPARE ANY 2 STOCKS
FRME
FIRST MERCHANTS CORPORATION
NASDAQ
$42.10
▲ UP 1.03% (0.43)

KEY STATISTICS

Market Cap$2.64 B
52w High$45.33
52w Low$34.66
Dividend Yield3.38%
FrequencyMonthly
P/E13.28
Volume332.16K
Shares Out.62.80M

COMPANY

LEADERSHIP

Mark K. Hardwick
CHIEF EXECUTIVE
Mark K. Hardwick

COMPENSATION 2026

Salary$762,547
Stock Awards$758,940
Incentive Plan Pay$448,931
All Other Comp.$108,850
Total$2,079,268

ABOUT

SECTOR
Financial Services
WENT PUBLIC
June 20, 1989
METHOD OF GOING PUBLIC
N/A
FULL TIME EMPLOYEES
2,086

PRICE TARGET

Target High$49.00
Target Low$45.00
Target Median$47.00
Target Consensus$47.00

UPCOMING EARNINGS

DateOct 28, 2026
DayWednesday
Rev. Est.$203.98M
OCT
28
WED

SPLIT RECORD

DATETYPERATIO
2003-08-27Forward21:20
2002-08-28Forward21:20
2001-08-29Forward21:20
1998-10-26Forward3:2
1995-10-30Forward3:2
1993-01-26Forward3:2

PRICE

$42.10 ▲ UP 1.03% (+$0.43)
OVERLAYS
$41.85$42.00$42.159:30 AM10:35 AM11:40 AM12:45 PM1:49 PM2:54 PM3:59 PM42.10

About First Merchants Corporation

https://www.firstmerchants.com ↗

First Merchants Corporation, founded in 1893 and headquartered in Muncie, Indiana, is a community banking holding company offering deposits, loans, trust, brokerage, and digital services across 109 locations in Indiana, Illinois, Ohio, and Michigan.

INDUSTRY

Banks - Regional

A PRODUCT FIRST MERCHANTS CORPORATION IS KNOWN FOR

First Merchants Prosper Checking
First Merchants Prosper Checking

A personal checking account labeled as "POPULAR" and designed for everyday banking. It offers features such as early access to direct deposits, overdraft protection services, and identity theft protection through its Mastercard debit card.

COMPETITORS

COMPETITOR
FFBC COMPARE
FITB COMPARE
HBAN COMPARE
PNC COMPARE
RF COMPARE

Revenue by Products

IconPRODUCTQ3-2025Q4-2025Q1-2026Q2-2026
Fiduciary and Trust$8.84M $17.82M ▲$9.77M ▼$9.64M ▼
Deposit Account$8.92M $16.78M ▲$9.04M ▼$9.37M ▲
Credit Card$5.01M $9.85M ▲$5.28M ▼$5.5M ▲
Derivative Hedging$1.1M $1.46M ▲$564K ▼$1.12M ▲
Financial Service Other$414K $730K ▲$593K ▼$880K ▲

ETFS HOLDING THIS STOCK

ETFS HOLDING
180
LISTED HERE
26
RANKED BY POSITION SIZE
VTI
0.00% · 1.9M
IWM
0.09% · 1.6M
SDVY
0.20% · 544.7K
KRE
0.52% · 495.8K
FESM
0.26% · 409.9K
DFAT
0.12% · 407.8K
SCHA
0.05% · 292.9K
BSVO
0.47% · 278.2K
SMDV
0.98% · 169.3K
AVSC
0.18% · 134.1K
DES
0.25% · 131.7K
GSC
1.13% · 76.0K
CSB
1.14% · 70.9K
XRS2.DE
0.08% · 57.1K
PRFZ
0.06% · 42.3K
RSSL
0.09% · 30.5K
DPST
0.36% · 29.3K
TPSC
0.29% · 26.9K
HAPS
0.50% · 21.2K
BBSC
0.10% · 17.8K
ISMD
0.19% · 15.7K
TILT
0.02% · 10.9K
LVHD
0.07% · 10.1K
LDGA.L
0.05% · 5.6K
ROSC
0.17% · 2.2K
RFLR
0.06% · 1.4K

INSTITUTIONAL OWNERSHIP

SHARES OWNED
51.87%
HOLDERS
428
TOP 12 OF 428 · RANKED BY POSITION SIZE
Vanguard Group Inc
6.1M sh · $229.16M
Blackrock, Inc.
5.3M sh · $232.64M
Blackrock Inc.
4.8M sh · $160.84M
Dimensional Fund Advisors LP
3.7M sh · $161.21M
State Street Corp
2.6M sh · $111.47M
Earnest Partners LLC
2.4M sh · $92.21M
Geode Capital Management, LLC
1.7M sh · $73.02M
Capital International Investors
1.3M sh · $50.76M
Blackrock Fund Advisors
1.2M sh · $46.43M
Blackrock Institutional Trust Company, N.A.
1.2M sh · $45.32M
Goldman Sachs Group Inc
1.1M sh · $44.04M
Nuveen, LLC
1.1M sh · $46.26M

RATINGS SNAPSHOT

Overall rating: B

DCFROEROAD/EP/EP/B
Discounted Cash Flow4
Return On Equity3
Return On Assets3
Debt To Equity2
Price To Earnings2
Price To Book3
Overall Score3

INSIDER TRADES

★
OFFICER, OTHER: CHIEF INFORMATION OFFICER
FLUHLER STEPHAN
Sale · 4.1K shares
2026-08-19
★
OFFICER: CHIEF RISK OFFICER
Scurlock Eva D.
Purchase · 4.0K shares
2026-08-03
★
OFFICER, OTHER: CHIEF HUMAN RESOURCES OFFICER
Harris Steven C
Sale · 612 shares
2026-08-02
★
DIRECTOR, OFFICER: CHIEF EXECUTIVE OFFICER
HARDWICK MARK K
Purchase · 21.0K shares
2026-08-03

MOST RECENT ANALYST GRADES

GRADE SUMMARY
OVERWEIGHT 1
EQUAL WEIGHT 1
OUTPERFORM 1
MARKET PERFORM 1
4 GRADES IN THE LAST 12 MONTHS
Piper Sandler OVERWEIGHT Stephens & Co. EQUAL WEIGHT Keefe, Bruyette & Woods OUTPERFORM Raymond James MARKET PERFORM

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