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FRME
$43.42-$0.26 (-0.60%)live
Held · Bookmarked
0 · 0
portfolios · users
Avg position size
—
of holders' portfolios
13F filers
1
institution
Market cap
$2.8B
63M shares
52-week range
$34.66 – $44.23
92% from low
Sector
NATIONAL COMMERCIAL BANKS
Exchange
NASDAQ
CS
Borrow rate
0.45%
Easy to borrow
Price (6 mo)
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Change+$1.75
Valuation
Financials
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Click rows below (any statement) to add/remove series. Selection stays as you switch tabs.
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $484.4M | $552.1M | $558.4M | $556.0M | $712.9M | $999.5M | $1.05B | $1.05B |
| Cost of revenue | $76.3M | $111.5M | $125.1M | $36.0M | $101.6M | $352.0M | $462.6M | $410.0M |
| Gross profit | $408.1M | $440.5M | $433.4M | $520.0M | $611.4M | $647.5M | $591.0M | $640.2M |
| Gross margin | 84.2% | 79.8% | 77.6% | 93.5% | 85.8% | 64.8% | 56.1% | 61.0% |
| R&D | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Operating income | $188.1M | $193.8M | $170.0M | $240.8M | $255.7M | $259.2M | $231.7M | $259.1M |
| EBITDA | $197.0M | $203.2M | $181.0M | $251.5M | $267.5M | $270.9M | $258.6M | $288.5M |
| Net income | $159.1M | $164.5M | $148.6M | $205.5M | $222.1M | $223.8M | $201.4M | $226.0M |
| Net margin | 32.9% | 29.8% | 26.6% | 37.0% | 31.2% | 22.4% | 19.1% | 21.5% |
| EPS (diluted) | 3.22 | 3.19 | 2.74 | 3.81 | 3.81 | 3.73 | 3.41 | 3.88 |
Annual figures · source: Financial Modeling Prep
Analyst estimates (consensus)
| Year | Est. revenue | Est. EPS | EPS range | # Analysts |
|---|---|---|---|---|
| 2026 | $810M | $3.65 | $3.59–$3.71 | 5 |
| 2027 | $853M | $4.58 | $4.49–$4.75 | 5 |
Forward consensus · source: Financial Modeling Prep
DCF fair valuemodel estimate
Intrinsic value
$52.73
Price
$43.42
Implied upside
+21%
Peer comparison
First Merchants Corp
First Merchants Corp, through its subsidiaries, provides its customers with financial services delivered locally by bankers. It offers personal banking, business banking, real estate mortgage lending, cash management services, brokerage, wealth management, and insurance. The company reports in only one segment, which is community banking.
www.firstmerchants.com- Employees
- 2,086
- IPO / List date
- Jun 20, 1989
- HQ
- MUNCIE, IN
Held by traders on TradeandTell
No one on the platform currently holds FRME.
Super investors & insiders
Institutions holding (13F)
| Institution | Shares | Reported |
|---|---|---|
| Renaissance Technologiesas of 2026-03-31 | 18,788 | $727.7K |
Insider activity (SEC Form 4)
Dividend history
TTM yield · 3.34% ($1.45/share)
| Ex-date | Per share | Pay date |
|---|---|---|
| 2026-06-05 | $0.3700 | 2026-06-19 |
| 2026-03-06 | $0.3600 | 2026-03-20 |
| 2025-12-05 | $0.3600 | 2025-12-19 |
| 2025-09-05 | $0.3600 | 2025-09-19 |
| 2025-06-06 | $0.3600 | 2025-06-20 |
| 2025-03-07 | $0.3500 | 2025-03-21 |
| 2024-12-05 | $0.3500 | 2024-12-20 |
| 2024-09-06 | $0.3500 | 2024-09-20 |
| 2024-06-07 | $0.3500 | 2024-06-21 |
| 2024-02-29 | $0.3400 | 2024-03-15 |
Recent trades on TradeandTell
No one on the platform has traded FRME yet.
