First Merchants Corporation (FRME)

Name: First Merchants Corporation (FRME) Share Price Today, Stock Analysis, Annual Report | Value Research
Brand: First Merchants Corporation (FRME)

Stock Card

$42.06

$-0.04 (-0.10%)

As on 04-Sep-2026 16:00EDT

Market cap

$2,641 Mln

Revenue (TTM)

$1,089 Mln

P/E Ratio

13.5

P/B Ratio

Div. Yield

3.5 %

First Merchants (FRME) Share Price

Compare

High: Low: Return:

Price P/E Ratio P/B Ratio

Stock Range

Today’s Range

Low: 41.47 High: 42.18

52 Week Range

Low: 34.66 High: 45.32

Liquidity

Low Moderate High

Fundamentals

Net Profit (TTM)

$0 Mln
ROE

0.1 %
ROCE

-- %
Industry P/E

12.95
EV/EBITDA

0
Debt to Equity

0
Book Value

$43
EPS

$3.1
Face value

--
Shares outstanding

62,801,423

10 Years Aggregate

CFO

$1,664.94 Mln

EBITDA

$1,799.18 Mln

Net Profit

$1,426.27 Mln

Company	YTD	1 Month	3 Months	1 Year	3 Years	5 Years	10 Years
First Merchants (FRME)	12.2	-3.6	8.1	2.1	11.1	0.8	4.5
BSE Sensex	-9.6	-2.7	2.9	-5.0	5.4	5.7	10.4
S&P Small-Cap 600^#	-5.8	-5.3	-13.7	-6.3	5.3	3.0	5.5

As on 04-Sep-2026 | #As on 26-Oct-2023

Company	2025	2024	2023	2022	2021	2020	2019
First Merchants (FRME)	-6.0	7.5	-9.8	-1.9	12.0	-10.1	21.4
S&P Small-Cap 600	4.0	7.0	13.9	-17.4	25.3	9.6	20.9
BSE Sensex	9.1	8.1	18.7	4.4	22.0	15.8	14.4

Financials

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Key Ratios

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Peers

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Company	Price ($)	Market Cap ($ Mln)	Revenue (TTM)	Net Profit (TTM)	OPM (%)	ROE (%)	P/E	P/B
First Merchants (FRME)	42.1	2,641.4	1,088.7	186.0	14.5	7.2	13.5	1.0
Banco Santander - Chile ADS - ADR	35.7	16,894.2	4,850,848.0	1,127,054.0	28.3	20.8	14	3.1
Cullen/Frost Bankers (CFR)	162.6	10,113.5	2,643.3	683.7	30.8	14.9	15.3	2.2
East West Bancorp (EWBC)	130.8	17,917.0	4,715.7	1,446.2	39.4	15.9	12.5	1.9
First Horizon National Corporation (FHN)	24.9	11,816.0	4,633.0	1,057.0	22.5	11.6	12	1.4
Old National Bancorp (ONB)	26.0	9,962.1	4,032.4	886.3	28.7	10.4	11.5	1.2
South State Corp (SSB)	108.0	10,471.3	3,247.6	950.2	16.0	10.4	11.2	1.1
UMB Financial (UMBF)	143.8	10,918.6	4,560.4	942.7	22.1	12	12	1.4
Wintrust Financial (WTFC)	154.1	10,396.2	4,345.8	900.4	20.7	12.2	12.4	1.4
Woori Financial Group Inc (WF)	74.9	18,773.6	9,224,158.7	3,289,261.2	27.9	8.5	8.5	0.6

Shareholding Pattern

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About First Merchants (FRME)

First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides commercial and consumer banking services. The company offers a range of financial services, including checking, savings, and deposit... products; debit and credit cards; mortgages, refinance, construction or renovation of residential properties, agricultural lending, treasury management services and depository products. It also provides personal and commercial wealth management services, brokerage, investment management, private banking, fiduciary estate, and financial planning services. The company operates banking locations in Indiana, Ohio, and Michigan counties. It offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana. Read more

CEO & Director

Mr. Mark K. Hardwick
CEO & Director

Mr. Mark K. Hardwick
Headquarters

Muncie, IN
Website

https://www.firstmerchants.com

FAQs for First Merchants (FRME)

What is the current share price of First Merchants Corporation (FRME) Today?

The share price of First Merchants Corporation (FRME) is $42.06 (NASDAQ) as of 04-Sep-2026 16:00 EDT. First Merchants Corporation (FRME) has given a return of 11.09% in the last 3 years.

What is the current PB & PE ratio of First Merchants Corporation (FRME)?

The P/E ratio of First Merchants Corporation (FRME) is 13.52 times as on 04-Sep-2026, a 4 premium to its peers’ median range of 12.95 times.
The P/B ratio of First Merchants Corporation (FRME) is 0.99 times as on 04-Sep-2026, a 25 discount to its peers’ median range of 1.32 times.

PE & PB ratio at the end of financial year.

Year	P/E Ratio	P/B Ratio
2025	9.53	0.87
2024	11.54	1.01
2023	9.87	0.98
2022	10.99	1.20
2021	10.94	1.18

What is the 52 Week High and Low of First Merchants Corporation (FRME)?

The 52-week high and low of First Merchants Corporation (FRME) are Rs 45.32 and Rs 34.66 as of 07-Sep-2026.

What is the market cap of First Merchants Corporation (FRME)?

First Merchants Corporation (FRME) has a market capitalisation of $ 2,641 Mln as on 04-Sep-2026. As per SEBI classification, it is a Small Cap company.

Should I invest in First Merchants Corporation (FRME)?

Before investing in First Merchants Corporation (FRME), assess your goals, risk tolerance, and if the company aligns with your long-term plan. Carefully review its business model, financials, and valuation. Avoid making decisions based on tips or short-term trends.

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