FIRST MERCHANTS CORP

FRME · Small cap · Calculated market cap · $2.5B · as of 2026-09-30

Company Stats

Market Cap: $2.5B; as of Sep 30, 2026
Shares Outstanding: 62.7M
Free Float: 98.2%

Income Statement

Net Income: $226.0M

Balance Sheet

Total Debt: $999.9M

Returns & Capital

Dividends Paid: $82.9M
Dividend Yield: 3.3%
Dividend Payout, 3Y Avg: 37.7%
Share Repurchases: $46.9M
Buyback Yield, 3Y Avg: 1.4%
SBC, 3Y Avg: $6.1M

Annual filing data through FY ended December 31, 2025; shares and float as of November 7, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Company RSS

Earnings

Oct 27, 2026First Merchants Makes Progress Resolving Two Commercial Credits After Charge-Off Spike Jul 23, 2026First Merchants Net Income Falls Year-Over-Year Amid Loan Reserves

Other Coverage

September 28, 2026 QBook

Stronger demand supports expansion as pricing diverges

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