FIRST MERCHANTS CORP
FRMEPNasdaq
$25.61
↑ +0.0%Jul 16 close · end-of-day
Price
1Y↑ +8.6%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$1.6B
Enterprise Value
$1.6B
P/E
7.6
P/S
—
P/B
0.6
EV/EBITDA
—
PEG
12.4
FCF Yield
—
Dividend Yield
5.6%
Revenue (TTM)
—
Net Income (TTM)
$198.8M
Free Cash Flow (TTM)
—
Gross Margin
—
Operating Margin
—
Net Margin
—
ROE
7.4%
ROIC
—
Debt / Equity
—
Net Cash
—
Return 1Y
+8.6%
Company profile
First Merchants Bank provides community banking services. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans. The company operates 109 banking locations in Indiana, Illinois, Ohio, and Michigan counties.
- CEO
- Mark K. Hardwick
- Sector
- Finance, Insurance, And Real Estate
- Industry
- Banking
- Employees
- 2,120
- Headquarters
- Indiana
- Website
- firstmerchants.com
Management & directors
- Myers Larry WFirst Vice President
- Scurlock Eva A.Chief Risk Officer
- Fluhler StephanChief Information Officer
- Harris Steven CChief Human Resources Officer
- Kawiecki MicheleChief Financial Officer
- Martin JohnChief Credit Officer
- Peterson Joseph CChief Commercial Officer
- Hardwick Mark KChief Executive Officer
- Kimball ChadChief Risk Officer
- Stewart Michael JPresident
Roles derived from SEC Form 4 filings.
Earnings
FRMEP Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue——
Diluted EPS$0.45↓ -52.1%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — |
| Operating income | — | — | — | — | — | — |
| Net income | $148.6M | $205.5M | $222.1M | $223.8M | $201.4M | $226.0M |
| Diluted EPS | $2.74 | $3.81 | $3.81 | $3.73 | $3.41 | $3.88 |
| Operating cash flow | $203.8M | $215.3M | $284.3M | $258.8M | $266.2M | $283.6M |
| Free cash flow | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — |
| Net margin | — | — | — | — | — | — |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | — | — | — | — | — | — | — | — |
| Net income | $39.9M | $49.2M | $64.3M | $55.3M | $56.8M | $56.8M | $57.1M | $28.2M |
| Diluted EPS | $0.68 | $0.84 | $1.09 | $0.94 | $0.98 | $0.98 | $0.98 | $0.45 |
| Operating cash flow | $63.0M | $76.8M | $67.5M | $61.7M | $53.7M | $87.6M | $80.7M | $58.6M |
| Free cash flow | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | — | — |
| Net margin | — | — | — | — | — | — | — | — |
Company news
Jul 17, 2026
Jul 16, 2026
Jul 15, 2026
Jul 14, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-06-30 | WOJTOWICZ JEAN L | Award | 715 | $43.69 | $31,238.35 | filing |
| 2026-06-30 | RECHIN MICHAEL C | Award | 554 | $43.69 | $24,204.26 | filing |
| 2026-06-30 | Becher Michael R | Award | 554 | $43.69 | $24,204.26 | filing |
| 2026-06-30 | Halderman Howard | Award | 536 | $43.69 | $23,417.84 | filing |
| 2026-06-30 | Sondhi Jason R | Award | 536 | $43.69 | $23,417.84 | filing |
| 2026-06-30 | Myers Larry W | Award | 518 | $43.69 | $22,631.42 | filing |
| 2026-06-30 | Fultz Paul G | Award | 518 | $43.69 | $22,631.42 | filing |
| 2026-06-30 | KELLOGG CLARK C JR | Award | 518 | $43.69 | $22,631.42 | filing |
| 2026-06-30 | Brooks Susan W | Award | 518 | $43.69 | $22,631.42 | filing |
| 2026-06-30 | Johnson Kevin D | Award | 500 | $43.69 | $21,845.00 | filing |
| 2026-06-30 | Chiang Mung | Award | 500 | $43.69 | $21,845.00 | filing |
| 2026-06-30 | FISHER MICHAEL J | Award | 500 | $43.69 | $21,845.00 | filing |
| 2026-06-12 | Myers Larry W | Sale | 10,000 | $42.00 | $420,000.00 | filing |
| 2026-06-11 | Myers Larry W | Sale | 10,000 | $41.50 | $415,000.00 | filing |
| 2026-05-05 | Myers Larry W· First Vice President | Sale | 0 | $40.54 | $16.50 | filing |
| 2026-03-31 | WOJTOWICZ JEAN L | Award | 806 | $38.73 | $31,216.38 | filing |
| 2026-03-31 | Becher Michael R | Award | 625 | $38.73 | $24,206.25 | filing |
| 2026-03-31 | RECHIN MICHAEL C | Award | 625 | $38.73 | $24,206.25 | filing |
| 2026-03-31 | Halderman Howard | Award | 605 | $38.73 | $23,431.65 | filing |
| 2026-03-31 | Sondhi Jason R | Award | 605 | $38.73 | $23,431.65 | filing |
| 2026-03-31 | Brooks Susan W | Award | 584 | $38.73 | $22,618.32 | filing |
| 2026-03-31 | KELLOGG CLARK C JR | Award | 584 | $38.73 | $22,618.32 | filing |
| 2026-03-31 | Chiang Mung | Award | 584 | $38.73 | $22,618.32 | filing |
| 2026-03-31 | Lehman Gary | Award | 564 | $38.73 | $21,843.72 | filing |
| 2026-03-31 | Johnson Kevin D | Award | 564 | $38.73 | $21,843.72 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.