First MerchantsFRME
FRME
About: First Merchants Corp, through its subsidiaries, provides its customers with financial services delivered locally by bankers. It offers personal banking, business banking, real estate mortgage lending, cash management services, brokerage, wealth management, and insurance. The company reports in only one segment which is community banking.
Employees: 2,120
0
Funds holding %
of 7,331 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
138% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 16
50% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2024] → 3 (+1) [Q1 2025]
7% more funds holding
Funds holding: 252 [Q4 2024] → 269 (+17) [Q1 2025]
1.2% more ownership
Funds ownership: 74.4% [Q4 2024] → 75.61% (+1.2%) [Q1 2025]
3% more capital invested
Capital invested by funds: $1.74B [Q4 2024] → $1.79B (+$48.2M) [Q1 2025]
16% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 93
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$48
27%
upside
Avg. target
$48
27%
upside
High target
$48
27%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Piper Sandler Nathan Race | 27%upside $48 | Overweight Maintained | 28 Jul 2025 |
Financial journalist opinion
Based on 3 articles about FRME published over the past 30 days
Neutral
Seeking Alpha
1 week ago
First Merchants Corporation (FRME) Q2 2025 Earnings Call Transcript
First Merchants Corporation (NASDAQ:FRME ) Q2 2025 Earnings Conference Call July 24, 2025 9:00 AM ET Company Participants Mark Hardwick - CEO & Director Michael Stewart - President Michele Kawiecki - Executive VP, CFO & Principal Accounting Officer John Martin - Executive VP & Chief Credit Officer Conference Call Participants Daniel Tamayo - Raymond James & Associates, Inc., Research Division Terence McEvoy - Stephens Inc., Research Division Brendan Nosal - Hovde Group, LLC, Research Division Nathan Race - Piper Sandler & Co., Research Division Damon Del Monte - Keefe, Bruyette, & Woods, Inc., Research Division Brian Martin - Janney Montgomery Scott LLC, Research Division Operator Thank you for standing by, and welcome to the First Merchants Corporation Second Quarter 2025 Earnings Conference Call. Before we begin, management would like to remind you that today's call contains forward-looking statements with respect to future performance and financial condition of First Merchants Corporation that involve risks and uncertainties.
Positive
Zacks Investment Research
1 week ago
First Merchants (FRME) Surpasses Q2 Earnings Estimates
First Merchants (FRME) came out with quarterly earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $0.68 per share a year ago.
Neutral
GlobeNewsWire
3 weeks ago
First Merchants Corporation Announces Cash Dividend on Its Preferred Stock
MUNCIE, Ind., July 15, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation has declared a quarterly cash dividend of $46.88 per share on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A, represented by depositary shares (NASDAQ: FRMEP) each representing a 1/100th interest in a share of the Series A preferred stock. Holders of depositary shares will receive $0.4688 per depositary share. The dividend will be payable on August 15, 2025, to stockholders of record on July 30, 2025.
Neutral
GlobeNewsWire
1 month ago
First Merchants Corporation to Report Second Quarter 2025 Financial Results, Host Conference Call and Webcast
MUNCIE, Ind., June 30, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq:FRME) will release second quarter 2025 financial results on July 23, 2025. The Corporation will host a second quarter 2025 earnings conference call and webcast at 9:00 a.m. (ET) on Thursday, July 24, 2025.
Neutral
GlobeNewsWire
2 months ago
First Merchants Corporation Announces Changed Ex-Dividend Date for Previously Announced Dividend
MUNCIE, Ind., May 21, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation (Nasdaq: FRME) has amended the ex-dividend date for its recently declared cash dividend of $0.36 from June 5, 2025, to June 6, 2025. The payment date for the quarterly dividend will remain as June 20, 2025, as previously announced on May 16, 2025.
Neutral
GlobeNewsWire
2 months ago
First Merchants Corporation Announces Cash Dividend
MUNCIE, Ind., May 16, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ: FRME) declared a cash dividend on May 16, 2025 of $0.36 per share. The dividend is payable on June 20, 2025, to common shareholders of record as of June 6, 2025. For purposes of broker trading, the ex-date of the cash dividend is June 5, 2025.
Negative
Seeking Alpha
2 months ago
First Merchants Corporation: Downgrading After A Good Run
First Merchants Corporation has seen a 27.5% increase in shares since my 'buy' rating in June 2024, outperforming the S&P 500's 7% rise. Despite growth in key balance sheet areas, recent financial performance has been mixed, with revenue and profit volatility prompting a downgrade to 'hold'. The bank's loan portfolio is diversified, but a high proportion of variable-rate loans could impact income negatively if interest rates drop.
Positive
Seeking Alpha
2 months ago
First Merchants Corporation: Why The Market Still Doesn't Trust This Bank
First Merchants' current valuation is fair, with a solid 3.57% dividend yield, but limited capital gain potential and historical dividend growth concerns. FRME's deposits are sound but exhibit slow growth, with 30.40% being uninsured, posing a potential risk during economic downturns or panics. The bank's securities portfolio has significant unrealized losses, amounting to 23% of equity, necessitating a wait for maturity to avoid substantial equity deterioration.
Neutral
Seeking Alpha
3 months ago
First Merchants Corporation (FRME) Q1 2025 Earnings Call Transcript
First Merchants Corporation (NASDAQ:FRME ) Q1 2025 Results Conference Call April 24, 2025 11:30 AM ET Company Participants Mark Hardwick - Chief Executive Officer Michael Stewart - President Michele Kawiecki - Chief Financial Officer John Martin - Chief Credit Officer Conference Call Participants Daniel Tamayo - Raymond James Terry McEvoy - Stephens Damon DelMonte - KBW Nathan Race - Piper Sandler Brian Martin - Janney Montgomery Scott Operator Thank you for standing by and welcome to the First Merchants Corporation's First Quarter 2025 Earnings Conference Call. Before we begin, management would like to remind you that, today's call contains forward-looking statements with respect to the future performance of financial condition of First Merchants Corporation that involve risks and uncertainties.
Neutral
Zacks Investment Research
3 months ago
Here's What Key Metrics Tell Us About First Merchants (FRME) Q1 Earnings
While the top- and bottom-line numbers for First Merchants (FRME) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
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