FRMEFirst Merchants Corporation
Price
-0.51%1YEnd-of-day closes, not the intraday tick.
A mixed picture: the questions disagree
Quality shaky, nothing alarming, demanding price, growth steady, the market undecided.
First Merchants Corporation (the “Corporation”) is a financial holding company headquartered in Muncie, Indiana and was organized in September 1982. The Corporation’s common stock is traded on the Nasdaq Global Select Market System under the symbol FRME. The Corporation has one full-service bank charter, First Merchants Bank, which opened for business in Muncie, Indiana in March 1893. The Bank also operates First Merchants Private Wealth Advisors (a division of First Merchants Bank).
In the company’s own words · 10-K filed Feb 25, 2026 · SEC EDGAR
Charts
As reported to the SEC, without any scoring.
First Merchants Corporation (FRME) reported revenue of $249M in Q1 2026 (quarter ended Mar 31, 2026), up 12% from the same quarter a year earlier. That came with net income of $28M (11% of revenue). For the full year FY2025, revenue was $925M (−2.4% year on year) and net income $226M. Its largest product in Jun 2026 was Fiduciary And Trust at $9.6M, 36% of the disclosed total, just ahead of Deposit Account at 35%. The next results filing is expected around Oct 21, 2026, the same week as a year ago.
What the company said
The company's own words from its current reports to the SEC, newest first
- Oct 1, 2026On October 1, 2026, First Merchants Corporation (the “Company”) announced the upcoming retirement of the Company’s current Chief Executive Officer, Mark K. Hardwick, effective January 1, 2027.Director or officer change · Form 8-K
- Sep 25, 2026Pursuant to the previously announced offering of $100 million aggregate principal amount of 6.750% Fixed-to-Floating Rate Subordinated Notes due 2036 (the “Notes”) to be issued by First Merchants Corporation, an Indiana corporation (the “Corporation”), the Corporation and U.S. Bank Trust Company, National Association …Material agreement entered · Form 8-K
- Sep 24, 2026On September 23, 2026, First Merchants Corporation, an Indiana corporation (the “Corporation”), entered into an underwriting agreement (the “Underwriting Agreement”) with Piper Sandler & Co., as representatives of the underwriters named therein (the “Underwriters”)Material agreement entered · Form 8-K
Quoted from SEC EDGAR filings. A current report is filed within four business days of the event it describes.
Business segments
Jun 2026 · $26.5MThe company’s own SEC segment disclosure.
- Fiduciary And Trust$9.6M36%
- Deposit Account$9.4M35%
- Credit Card$5.5M21%
- Derivative Hedging$1.1M4%
- Financial Service Other$880.0K3%
Why these answers
Each answer with the checks it was read from. Open one for the numbers.
Conflicts between checks are named, never averaged, and thin data says so.
Banks, Regional
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