First Merchants Corp (FRMEP) stock
Close on Oct 30, 2026Market cap $1.58BP/E 7.8Yield 5.68%
First Merchants Corp grew revenue 8.5% to $724.47M over the twelve months to Sep 30, 2026. At the latest close the market valued the company at $1.58B, 7.8 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $1.58B
- P/E ratio
- 7.8
- Price to sales
- 2.18
- Price to book
- 0.60
- Dividend yield
- 5.68%
- Free cash flow yield
- –
Fundamentals
- Revenue
- $724.47M
- Net income
- $197.52M
- EPS, diluted
- $3.23
- Book value per share
- $42.24
- Diluted shares
- 62M
Trading
- Next earnings
- Q3 FY2026, expected soon
- Previous close
- $25.17
- Open
- $25.17
- Day's range
- $25.17 – $25.17
- Average volume (20 days)
- 1,022
- Beta (5 years)
- 0.69
- 52-week range
- $34.66 – $45.33
- RSI (14 days)
- 52.4
- Volatility (1 year)
- 21.9%
- Relative volume
- 0.89×
- WACC
- 8.4%
Market cap history
Month-end market cap since 2011, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Oct 30, 2026. The S&P 500 is measured by the SPY fund.
| Period | FRMEP | S&P 500 | Difference | FRMEP per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | +1.8% | -0.9% | +2.7 pts | ||
| 3 months | +1.8% | +2.1% | −0.4 pts | ||
| Year to date | +5.2% | +11.7% | −6.4 pts | ||
| 1 year | +5.8% | +12.4% | −6.6 pts | ||
| 3 years | +29.3% | +88.6% | −59.3 pts | +8.9% | +23.5% |
| 5 years | +31.6% | +75.9% | −44.3 pts | +5.6% | +12.0% |
Fifteen years at a glance
Fiscal years 2011 to 2025 and trailing twelve months, USD
Revenue
Net income
EPS, diluted
Press releases
Releases First Merchants filed with the SEC as exhibits to Form 8-K or 6-K
- News
- News
- News
- News
- Results
- Results
About First Merchants
National Commercial Banks
First Merchants Corporation operates as a financial holding company providing community banking services through its principal subsidiary, First Merchants Bank. The company conducts business across one primary segment, delivering a wide selection of commercial and retail banking products alongside mortgage and wealth management solutions. Commercial clients have access to capital debt financing, depository offerings, and treasury management, while individual consumers can obtain deposit accounts and consumer loans. Additionally, residential mortgage lending assists buyers and property owners, while the Private Wealth Advisors division delivers comprehensive wealth planning, investment management, and fiduciary estate services to individuals and families.
Company profile, executives and historyFirst Merchants stock: common questions
What is First Merchants's stock price?
FRMEP closed at $25.17 on Oct 30, 2026, up 0.00% on the day. Over the past 52 weeks it traded between $34.66 and $45.33.
What is First Merchants's market cap?
First Merchants was worth $1.58B at the close on Oct 30, 2026: the share price times the diluted shares outstanding.
What is FRMEP's P/E ratio?
FRMEP trades at 7.8 times earnings, based on diluted earnings per share of $3.23 over the twelve months to Sep 30, 2026.
How much revenue does First Merchants make?
First Merchants reported revenue of $724.47M for the twelve months to Sep 30, 2026, up 8.5% from a year earlier.
Does First Merchants pay a dividend?
Yes. First Merchants paid $1.43 per share over the last twelve months, a yield of 5.68% at the latest price, and has raised its annual dividend 14 years in a row.
When does First Merchants report earnings next?
First Merchants's Q3 FY2026 results are due soon; the company has not yet filed them with the SEC.
How has FRMEP stock performed over the past year?
Including dividends, FRMEP returned +5.8% over the past year, against +12.4% for the S&P 500.
Who are First Merchants's competitors?
Companies most similar to First Merchants by business, industry and size include FCF, FFBC, NWBI, NIC, BANF.