Massivemarkets

FRME

First Merchants Corp

Nasdaq · usd

$40.68-0.15 (-0.37%)
As of 7:30:04 PM EDT on Oct 23, 2026 · 15-minute delayed

First Merchants Corp (FRME) trades at $40.68 (-0.37%) as of 7:30:04 PM EDT on Oct 23, 2026, +0.48% over the past month. Market cap is $2.56B, with 4.2 days to cover in short interest.

Stock performance

How First Merchants Corp (FRME) stock has performed from one day to one year, with its 52-week range.

+0.02%
+$0.01 over 1D
$40.44$40.62$40.80$40.979:30 AM11:15 AM12:55 PM2:30 PM8:00 PM$40.68
1D
-0.37%
1W
+2.73%
1M
+0.48%
YTD
+8.54%
1Y
+10.69%
52-wk range
$34.66 – $45.33

Key statistics

Today's trading snapshot for FRME: day range, open, previous close, volume and market cap.

Day range
$40.39 – $41.03
Open
$40.67
Prev close
$40.83
Volume
417.12K
Market cap
$2.56B
Shares out
62.8M

Valuation and profitability ratios: P/E, P/S, ROE

Valuation and profitability ratios for First Merchants Corp: P/E, P/S, P/B, ROE and more.

P/E
13.93
P/S
2.35
P/B
0.95
P/FCF
8.14
ROE
6.8%
ROA
0.9%
Debt/Equity
0.56
Div yield
3.49%

As of Oct 22, 2026

8-K filings

Material corporate events First Merchants Corp has disclosed to the SEC on Form 8-K.

  • Investor communicationsOct 21, 2026

    On October 22, 2026, First Merchants Corporation will conduct a third quarter 2026 earnings conference call and webcast at 9:00 a.m. (ET). A copy of the slide presentation utilized on the conference call is furnished as Exhibit 99.2 to this Current Report on Form 8-K.

  • Shareholder returnsOct 15, 2026

    On October 15, 2026, First Merchants Corporation issued a press release announcing its Board of Directors has declared a quarterly cash dividend on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A, of $46.88 per share (equivalent to $0.4688 per depositary share) payable on November 16, 2026, to stockholders of record on October 30, 2026.

  • Executive leadershipOct 1, 2026

    On October 1, 2026, First Merchants Corporation announced the upcoming retirement of the Company's current Chief Executive Officer, Mark K. Hardwick, effective January 1, 2027.

  • Debt activitySep 25, 2026

    Pursuant to the previously announced offering of $100 million aggregate principal amount of 6.750% Fixed-to-Floating Rate Subordinated Notes due 2036 (the "Notes") to be issued by First Merchants Corporation, the Corporation and U.S. Bank Trust Company, National Association, as trustee, entered into an Indenture dated as of September 25, 2026 and a First Supplemental Indenture dated as of September 25, 2026 to the Base Indenture, providing for the issuance of the Notes.

  • Debt activitySep 24, 2026

    On September 23, 2026, First Merchants Corporation entered into an underwriting agreement pursuant to which it agreed to sell $100,000,000 aggregate principal amount of its 6.750% Fixed-to-Floating Rate Subordinated Notes due 2036 in a registered public offering.

Dividend history and stock splits

First Merchants Corp's recent dividend payments and stock splits.

Dividends

  • $0.37ex-div Sep 4, 2026
  • $0.37ex-div Jun 5, 2026
  • $0.36ex-div Mar 6, 2026
  • $0.36ex-div Dec 5, 2025

Splits

No recent splits.

FRME short interest

How heavily FRME is shorted: shares short, days to cover and average daily volume.

Days to cover
4.2
Short interest
2.42M
Avg volume
583.58K

As of · reported to FINRA twice monthly.

FRME news

The latest news and headlines about First Merchants Corp (FRME).

Frequently asked questions

What is the First Merchants Corp (FRME) stock price today?

First Merchants Corp (FRME) is trading at $40.68 (-0.37% on the day) as of 7:30:04 PM EDT on Oct 23, 2026. Prices are delayed at least 15 minutes; real-time quotes are available from the Massive API.

What is First Merchants Corp?

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.

What is the short interest in FRME?

As of Sep 30, 2026, FRME has 2.42M shares short and 4.2 days to cover.

Does First Merchants Corp (FRME) pay a dividend?

Yes. First Merchants Corp (FRME)'s most recent dividend was $0.37 per share, with an ex-dividend date of Sep 4, 2026. Full FRME dividend history is available from the Massive API.

What exchange is FRME listed on?

First Merchants Corp (FRME) trades on Nasdaq in USD, in the NATIONAL COMMERCIAL BANKS industry.

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