FRMENasdaqNational Commercial BanksFiscal year ends December 31Also trades as FRMEP
FIRST MERCHANTS CORP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 31, 2026
$39.38−0.22 (-0.56%)
Close on Oct 19, 2026
- Market cap
- $2.46B
- P/E (TTM)
- 12.6
- Dividend yield
- 3.63%
Dividends
Dividend declared per share by fiscal year, adjusted for stock splits
Per share, FY2025
$1.43
+2.9% on the prior year
Consecutive increases
14 years
Every year since FY2011
Dividend yield
3.63%
Latest annual dividend ÷ share price
Payout ratio, FY2025
36.7%
Dividends paid ÷ net income
Dividend history
By fiscal year
| Fiscal year | Per share | Change | Cash paid | Payout ratio |
|---|---|---|---|---|
| FY2025 | $1.43 | +2.9% | $82.91M | 36.7% |
| FY2024 | $1.39 | +3.7% | $81.62M | 40.5% |
| FY2023 | $1.34 | +7.2% | $80.06M | 35.8% |
| FY2022 | $1.25 | +10.6% | $72.75M | 32.8% |
| FY2021 | $1.13 | +8.7% | $61.23M | 29.8% |
| FY2020 | $1.04 | +4.0% | $56.54M | 38.0% |
| FY2019 | $1.00 | +19.0% | $51.28M | 31.2% |
| FY2018 | $0.84 | +21.7% | $41.66M | 26.2% |
| FY2017 | $0.69 | +27.8% | $31.82M | 33.1% |
| FY2016 | $0.54 | +31.7% | $22.20M | 27.4% |
| FY2015 | $0.41 | +41.4% | $15.65M | 23.9% |
| FY2014 | $0.29 | +61.1% | $10.69M | 17.8% |
| FY2013 | $0.18 | +80.0% | $5.61M | 12.6% |
| FY2012 | $0.10 | +150.0% | $2.90M | 6.4% |
| FY2011 | $0.04 | 0.0% | $1.07M | 4.2% |
Ex-dividend and payment dates for each distribution will appear once a dividend calendar source is connected.