First Merchants Corporation (FRME) Stock

NASDAQ: FRMEFinancial holding company offering banking, trust, and wealth management services through its subsidiary, First Merchants Bank.

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First Merchants Corporation revenue, net income and EPS by fiscal year
Fiscal year	Revenue	Net income	EPS
FY2025	$1.05B	$226.0M	$3.89
FY2024	$1.05B	$201.4M	$3.48
FY2023	$999.5M	$223.8M	$3.90
FY2022	$712.9M	$222.1M	$4.23
FY2021	$556.0M	$205.5M	$3.81

Fiscal year ending December 31. Source: company filings via EODHD.

About First Merchants Corporation

First Merchants Corporation serves as the financial holding company for First Merchants Bank, delivering essential community banking services across Indiana, Illinois, Ohio, and Michigan. Established in 1893 and headquartered in Muncie, Indiana, the corporation operates 109 banking locations, providing a wide range of financial products and services. These include accepting time, savings, and demand deposits, and offering consumer, commercial, agri-business, and real estate mortgage loans, alongside public finance solutions. First Merchants Corporation caters to both individual and corporate clients, further enhancing its service portfolio with personal and corporate trust services, brokerage, private wealth management, and various corporate banking services.

In addition to its extensive branch network, First Merchants Corporation leverages electronic and mobile delivery channels to ensure convenient access to banking services for its diverse clientele. The bank's commitment to customer-centric innovation extends to providing letters of credit, repurchase agreements, and other specialized corporate services, supporting the financial needs of businesses across its operational footprint. With a legacy rooted in community banking and a steadfast commitment to integrity and service excellence, First Merchants Corporation continues to evolve its offerings to meet the dynamic needs of its customers in an increasingly digital era.

As technological advancements redefine the financial services landscape, First Merchants Corporation remains attentive to emerging trends, including the potential integration of cryptocurrency solutions. While currently focused on traditional banking operations, the corporation may explore opportunities to incorporate digital currency services in the future. This strategic foresight underscores its commitment to innovation and adaptability, aiming to enhance customer experience, operational efficiency, and financial inclusion within the communities it serves.

First Merchants stock FAQ

What is the First Merchants stock ticker symbol?

First Merchants Corporation trades on the NASDAQ under the ticker symbol FRME.

What sector and industry is First Merchants in?

First Merchants Corporation is classified in the Financial Services sector, Banks - Regional industry.

How many employees does First Merchants have?

First Merchants Corporation has about 2,086 full-time employees.

What were First Merchants's revenue and earnings last fiscal year?

First Merchants reported revenue of $1.05B and net income of $226.0M in fiscal 2025, with earnings per share of $3.89. Revenue declined 0.3% from the prior year.

Is First Merchants in the Russell 2000?

Yes. First Merchants Corporation (FRME) is a component of the Russell 2000, the benchmark index of U.S. small-cap stocks.

When did First Merchants go public?

First Merchants stock began trading on February 25, 1992.

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