First Merchants Corporation (FRME)Financial Services | Banks - Regional | Muncie, United States | NasdaqGS
41.14 USD
+1.05
(2.619%)
⇧
(April 17, 2026, 4 p.m.
EDT)
After hours: 41.12 -0.02 (-0.020%) ⇩ (April 17, 2026, 5:48 p.m. EDT) Short-term: ★★★☆☆ | Long-term: ★★★☆☆ | Dividends: ★★★★☆ |
Hot Take | April 11, 2026, 2:59 p.m. EDT
FRME appears to be a stock with a stable dividend yield and consistent payout history, making it appealing for income-focused investors. The recent price movements show a slight uptrend, with the stock trading near its 52-week high, indicating potential for short-term gains. However, the forecasting model's low confidence and mixed options activity suggest caution. The stock's fundamentals are relatively stable, but the recent earnings growth and revenue growth are negative, which could affect long-term prospects. Overall, while the dividend is attractive and the stock has shown resilience, the mixed signals from options and the uncertain forecast make it a moderate-risk investment for both short-term and long-term traders. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.042779 |
| MSTL | 0.049353 |
| AutoETS | 0.050545 |
| AutoARIMA | 0.051100 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 80% |
| H-stat | 0.14 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.270 |
| Excess Kurtosis | -1.18 |
| Attribute | Value |
|---|---|
| Sector | Financial Services |
| Ex Dividend Date | 2026-03-05 |
| Last Dividend Date | 2026-03-05 |
| Revenue per Share | 11.168 |
| Market Cap | 2,607,977,728 |
| Trailing P/E | 10.60 |
| Forward P/E | 9.07 |
| Beta | 0.88 |
| Profit Margins | 35.22% |
| Website | https://www.firstmerchants.com |
As of April 11, 2026, 2:59 p.m. EDT: Options activity indicates a mixed sentiment. Calls are concentrated around the 35.0 strike for April 17, suggesting some bullish bias, but with low volume and open interest. Puts show higher implied volatility (IV) for the same date, indicating potential bearish sentiment or increased uncertainty. The higher IV on puts may suggest investors are hedging against downside risks. For the June 18 expiration, calls are minimal, while puts have low volume. The September 18 expiration shows a slight bearish tilt with puts having higher open interest. Overall, the options data suggests a cautious outlook with potential for both bullish and bearish movements, but not a strong consensus.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.96% | 3.83% | 4.24% | 3.90% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-03-06 | 0.360000 | 0.958722 |
| 2025-12-05 | 0.360000 | 0.973462 |
| 2025-09-05 | 0.360000 | 0.894676 |
| 2025-06-06 | 0.360000 | 1.001591 |
| 2025-03-07 | 0.350000 | 0.879658 |
| 2024-12-06 | 0.350000 | 0.850993 |
| 2024-09-06 | 0.350000 | 1.014900 |
| 2024-06-07 | 0.350000 | 1.180109 |
| 2024-02-29 | 0.340000 | 1.103096 |
| 2023-11-30 | 0.340000 | 1.206474 |
| 2023-08-31 | 0.340000 | 1.253716 |
| 2023-06-01 | 0.340000 | 1.414063 |
| 2023-03-02 | 0.320000 | 0.900604 |
| 2022-12-01 | 0.320000 | 0.835953 |
| 2022-09-01 | 0.320000 | 0.918482 |
| 2022-06-02 | 0.320000 | 0.901729 |
| 2022-03-03 | 0.290000 | 0.773089 |
| 2021-12-02 | 0.290000 | 0.834868 |
| 2021-09-02 | 0.290000 | 0.838564 |
| 2021-06-03 | 0.290000 | 0.753791 |
| 2021-03-04 | 0.260000 | 0.703333 |
| 2020-12-03 | 0.260000 | 0.906927 |
| 2020-09-03 | 0.260000 | 1.242086 |
| 2020-06-04 | 0.260000 | 1.096203 |
| 2020-03-05 | 0.260000 | 0.949792 |
| 2019-12-05 | 0.260000 | 0.807243 |
| 2019-08-29 | 0.260000 | 0.906352 |
| 2019-05-17 | 0.260000 | 0.923099 |
| 2019-02-28 | 0.220000 | 0.692072 |
| 2018-12-06 | 0.220000 | 0.718624 |
| 2018-09-06 | 0.220000 | 0.591396 |
| 2018-05-31 | 0.220000 | 0.624139 |
| 2018-03-01 | 0.180000 | 0.563940 |
| 2017-11-30 | 0.180000 | 0.535242 |
| 2017-08-30 | 0.180000 | 0.601293 |
| 2017-05-31 | 0.180000 | 0.595854 |
| 2017-03-01 | 0.150000 | 0.486768 |
| 2016-11-30 | 0.150000 | 0.578828 |
| 2016-08-31 | 0.140000 | 0.686100 |
| 2016-06-01 | 0.140000 | 0.720153 |
| 2016-03-02 | 0.110000 | 0.647336 |
| 2015-12-02 | 0.110000 | 0.553361 |
| 2015-09-02 | 0.110000 | 0.572663 |
| 2015-06-03 | 0.110000 | 0.629744 |
| 2015-03-05 | 0.080000 | 0.482882 |
| 2014-12-03 | 0.080000 | 0.502310 |
| 2014-09-03 | 0.080000 | 0.546368 |
| 2014-06-04 | 0.080000 | 0.555934 |
| 2014-03-05 | 0.050000 | 0.316300 |
| 2013-12-04 | 0.050000 | 0.336307 |
| 2013-09-04 | 0.050000 | 0.408051 |
| 2013-05-30 | 0.050000 | 0.417295 |
| 2013-03-13 | 0.030000 | 0.276872 |
| 2012-11-29 | 0.030000 | 0.310698 |
| 2012-08-30 | 0.030000 | 0.303146 |
| 2012-05-31 | 0.030000 | 0.361547 |
| 2012-03-01 | 0.010000 | 0.128843 |
| 2011-12-01 | 0.010000 | 0.179110 |
| 2011-08-31 | 0.010000 | 0.187128 |
| 2011-06-02 | 0.010000 | 0.175150 |
| 2011-03-03 | 0.010000 | 0.158396 |
| 2010-12-02 | 0.010000 | 0.158754 |
| 2010-09-01 | 0.010000 | 0.177301 |
| 2010-06-03 | 0.010000 | 0.165984 |
| 2010-03-03 | 0.010000 | 0.238065 |
| 2009-12-02 | 0.080000 | 1.966565 |
| 2009-09-02 | 0.080000 | 1.750484 |
| 2009-06-03 | 0.080000 | 1.217641 |
| 2009-03-04 | 0.230000 | 3.693118 |
| 2008-12-03 | 0.230000 | 1.786748 |
| 2008-09-03 | 0.230000 | 1.804658 |
| 2008-06-04 | 0.230000 | 1.510319 |
| 2008-03-04 | 0.230000 | 1.398799 |
| 2007-12-04 | 0.230000 | 1.779963 |
| 2007-09-04 | 0.230000 | 1.678375 |
| 2007-06-04 | 0.230000 | 1.525448 |
| 2007-03-02 | 0.230000 | 1.625552 |
| 2006-12-04 | 0.230000 | 1.421585 |
| 2006-09-01 | 0.230000 | 1.587815 |
| 2006-06-01 | 0.230000 | 1.600294 |
| 2006-03-02 | 0.230000 | 1.540838 |
| 2005-12-02 | 0.230000 | 1.500167 |
| 2005-09-01 | 0.230000 | 1.490765 |
| 2005-06-02 | 0.230000 | 1.606347 |
| 2005-03-03 | 0.230000 | 1.538677 |
| 2004-12-02 | 0.230000 | 1.497641 |
| 2004-09-01 | 0.230000 | 1.710155 |
| 2004-06-02 | 0.230000 | 1.723516 |
| 2004-03-03 | 0.230000 | 1.660758 |
| 2003-12-03 | 0.230000 | 1.696095 |
| 2003-09-03 | 0.230000 | 1.586041 |
| 2003-06-04 | 0.219048 | 1.726391 |
| 2003-03-04 | 0.219048 | 1.867810 |
| 2002-12-04 | 0.219048 | 1.967941 |
| 2002-09-04 | 0.219048 | 1.657565 |
| 2002-06-06 | 0.208617 | 1.612284 |
| 2002-03-05 | 0.208617 | 1.926736 |
| 2001-12-04 | 0.208617 | 1.925500 |
| 2001-09-06 | 0.208617 | 1.920065 |
| 2001-06-04 | 0.198683 | 2.062698 |
| 2001-03-02 | 0.198683 | 2.032419 |
| 2000-12-04 | 0.198683 | 2.045926 |
| 2000-09-01 | 0.198683 | 2.179547 |
| 2000-06-06 | 0.190044 | 2.053975 |
| 2000-03-02 | 0.190044 | 1.929654 |
| 1999-12-02 | 0.190044 | 1.744619 |
| 1999-09-01 | 0.190044 | 2.036357 |
| 1999-06-02 | 0.172768 | 1.839680 |
| 1999-03-04 | 0.172768 | 2.002930 |
| 1998-11-18 | 0.172768 | 1.587688 |
| 1998-09-02 | 0.172768 | 1.768286 |
| 1998-06-03 | 0.161250 | 1.570964 |
| 1998-03-04 | 0.161250 | 1.653949 |
| 1997-12-03 | 0.161250 | 1.872806 |
| 1997-09-03 | 0.161250 | 2.077824 |
| 1997-06-04 | 0.138214 | 1.912083 |
| 1997-03-04 | 0.138214 | 1.879839 |
| 1996-12-04 | 0.138214 | 2.186989 |
| 1996-09-04 | 0.138214 | 2.207364 |
| 1996-06-04 | 0.115178 | 1.788335 |
| 1996-03-04 | 0.115178 | 1.835675 |
| 1995-12-04 | 0.115178 | 1.885070 |
| 1995-09-01 | 0.115178 | 1.863435 |
| 1995-06-01 | 0.107500 | 1.990272 |
| 1995-03-01 | 0.107500 | 2.128424 |
| 1994-11-30 | 0.107500 | 2.222399 |
| 1994-08-30 | 0.107500 | 2.233109 |
| 1994-05-31 | 0.095982 | 2.278768 |
| 1994-03-01 | 0.095982 | 2.183193 |
| 1993-11-30 | 0.095982 | 2.183347 |
| 1993-08-30 | 0.095982 | 2.258469 |
| 1993-06-01 | 0.084464 | 2.094073 |
| 1993-03-01 | 0.084464 | 2.038628 |
| 1992-08-31 | 0.084464 | 2.226997 |
| 1992-06-01 | 0.079345 | 2.351076 |
| 1992-03-02 | 0.079345 | 2.405496 |
| 1991-12-02 | 0.079345 | 2.824329 |
| 1991-08-30 | 0.079345 | 3.192596 |
| 1991-05-31 | 0.071667 | 3.056131 |
| 1991-02-28 | 0.071667 | 3.422024 |
| 1990-11-30 | 0.071667 | 3.746148 |
| 1990-08-30 | 0.071667 | 3.929957 |
| 1990-05-31 | 0.063988 | 2.900273 |
| 1990-02-28 | 0.063988 | 2.742333 |
| 1989-11-30 | 0.063988 | 3.171086 |
| 1989-08-30 | 0.063988 | 3.015966 |
| Attribute | Value |
|---|---|
| 52 Week Change | 0.17812145 |
| Address1 | 200 East Jackson Street |
| All Time High | 50.65 |
| All Time Low | 4.863086 |
| Ask | 41.38 |
| Ask Size | 4 |
| Audit Risk | 1 |
| Average Daily Volume10 Day | 362,940 |
| Average Daily Volume3 Month | 434,766 |
| Average Volume | 434,766 |
| Average Volume10Days | 362,940 |
| Beta | 0.883 |
| Bid | 40.8 |
| Bid Size | 4 |
| Board Risk | 3 |
| Book Value | 42.87 |
| City | Muncie |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 4 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 41.14 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 41.72 |
| Day Low | 40.5 |
| Display Name | First Merchants |
| Dividend Date | 1,773,964,800 |
| Dividend Rate | 1.44 |
| Dividend Yield | 3.5 |
| Earnings Call Timestamp End | 1,776,949,200 |
| Earnings Call Timestamp Start | 1,776,949,200 |
| Earnings Growth | -0.109 |
| Earnings Quarterly Growth | -0.113 |
| Earnings Timestamp | 1,776,888,000 |
| Earnings Timestamp End | 1,776,888,000 |
| Earnings Timestamp Start | 1,776,888,000 |
| Ebitda Margins | 0.0 |
| Enterprise To Revenue | 5.254 |
| Enterprise Value | 3,371,213,568 |
| Eps Current Year | 4.18833 |
| Eps Forward | 4.535 |
| Eps Trailing Twelve Months | 3.88 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,772,755,200 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 39.5826 |
| Fifty Day Average Change | 1.5573997 |
| Fifty Day Average Change Percent | 0.039345566 |
| Fifty Two Week Change Percent | 17.812145 |
| Fifty Two Week High | 43.22 |
| Fifty Two Week High Change | -2.0800018 |
| Fifty Two Week High Change Percent | -0.048125908 |
| Fifty Two Week Low | 34.6 |
| Fifty Two Week Low Change | 6.540001 |
| Fifty Two Week Low Change Percent | 0.18901737 |
| Fifty Two Week Range | 34.6 - 43.22 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 614,352,600,000 |
| Five Year Avg Dividend Yield | 3.45 |
| Float Shares | 62,247,241 |
| Forward Eps | 4.535 |
| Forward P E | 9.071665 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 2,086 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,775,001,600 |
| Gross Margins | 0.0 |
| Gross Profits | 641,697,024 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.020510001 |
| Held Percent Institutions | 0.71463996 |
| Implied Shares Outstanding | 63,392,749 |
| Industry | Banks - Regional |
| Industry Disp | Banks - Regional |
| Industry Key | banks-regional |
| Ir Website | https://www.firstmerchants.com/InvestorRelations |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Dividend Date | 1,772,755,200 |
| Last Dividend Value | 0.36 |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,061,942,400 |
| Last Split Factor | 105:100 |
| Long Business Summary | 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. |
| Long Name | First Merchants Corporation |
| Market | us_market |
| Market Cap | 2,607,977,728 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_272220 |
| Most Recent Quarter | 1,767,139,200 |
| Net Income To Common | 224,126,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 2,604,589,249 |
| Number Of Analyst Opinions | 5 |
| Open | 40.5 |
| Operating Cashflow | 283,646,016 |
| Operating Margins | 0.42695 |
| Overall Risk | 3 |
| Payout Ratio | 0.3686 |
| Peg Ratio | 1.4 |
| Phone | 765 747 1500 |
| Post Market Change | -0.019599915 |
| Post Market Change Percent | -0.04764199 |
| Post Market Price | 41.1204 |
| Post Market Time | 1,776,462,489 |
| Previous Close | 40.09 |
| Price Eps Current Year | 9.82253 |
| Price Hint | 2 |
| Price To Book | 0.95964545 |
| Price To Sales Trailing12 Months | 4.0641885 |
| Profit Margins | 0.35219002 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 1.05 |
| Regular Market Change Percent | 2.61911 |
| Regular Market Day High | 41.72 |
| Regular Market Day Low | 40.5 |
| Regular Market Day Range | 40.5 - 41.72 |
| Regular Market Open | 40.5 |
| Regular Market Previous Close | 40.09 |
| Regular Market Price | 41.14 |
| Regular Market Time | 1,776,456,001 |
| Regular Market Volume | 428,434 |
| Return On Assets | 0.01211 |
| Return On Equity | 0.09473 |
| Revenue Growth | -0.046 |
| Revenue Per Share | 11.168 |
| Sand P52 Week Change | 0.38150132 |
| Sector | Financial Services |
| Sector Disp | Financial Services |
| Sector Key | financial-services |
| Share Holder Rights Risk | 4 |
| Shares Outstanding | 63,325,778 |
| Shares Percent Shares Out | 0.0198 |
| Shares Short | 1,253,767 |
| Shares Short Previous Month Date | 1,772,150,400 |
| Shares Short Prior Month | 1,002,442 |
| Short Name | First Merchants Corporation |
| Short Percent Of Float | 0.0225 |
| Short Ratio | 2.85 |
| Source Interval | 15 |
| State | IN |
| Symbol | FRME |
| Target High Price | 50.0 |
| Target Low Price | 41.0 |
| Target Mean Price | 46.2 |
| Target Median Price | 48.0 |
| Total Cash | 328,926,016 |
| Total Cash Per Share | 5.189 |
| Total Debt | 1,067,036,992 |
| Total Revenue | 641,697,024 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 1.43 |
| Trailing Annual Dividend Yield | 0.03566974 |
| Trailing Eps | 3.88 |
| Trailing P E | 10.603092 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 38.75995 |
| Two Hundred Day Average Change | 2.3800507 |
| Two Hundred Day Average Change Percent | 0.0614049 |
| Type Disp | Equity |
| Volume | 428,434 |
| Website | https://www.firstmerchants.com |
| Zip | 47,305-2814 |