Price
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Smart Score
AverageFirst 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
Business segments
Q2 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%
First Merchants Corporation (FRME) reported revenue of $249M in Q1 2026 (quarter ended March 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 2026-Q2 was Fiduciary And Trust at $9.6M, 36% of the disclosed total, just ahead of Deposit Account at 35%.
Raw charts
8 series · TTMAs reported to the SEC, without any scoring.
Banks - Regional
Ranks #103 of 138 by Smart Score