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.
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The chart shows the growth of an initial investment of $10,000 in First Merchants Corp, comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
First Merchants Corp (FRME) has returned 5.23% so far this year and 18.12% over the past 12 months. Looking at the last ten years, FRME has achieved an annualized return of 5.34%, underperforming the Benchmark (SPY), which averaged 12.23% per year.
The table below presents the monthly returns of First Merchants Corp (FRME) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.11% | -1.69% | 0.34% | 1.23% | ||||||||
| 2025 | 10.38% | -0.88% | -7.76% | -11.12% | 5.84% | 2.16% | -0.05% | 9.93% | -7.94% | -5.64% | 4.24% | 2.29% |
| 2024 | -7.72% | -2.18% | 5.76% | -4.65% | -1.84% | -0.24% | 21.87% | -3.27% | -3.02% | 0.05% | 16.95% | -9.03% |
| 2023 | 3.57% | -3.72% | -19.08% | -11.71% | -9.26% | 7.50% | 14.10% | -6.75% | -7.42% | -1.83% | 12.76% | 21.22% |
| 2022 | 0.40% | 3.09% | -4.04% | -6.67% | 4.57% | -13.42% | 17.05% | -3.28% | -1.70% | 14.75% | -1.38% | -6.97% |
| 2021 | -0.21% | 5.84% | 8.09% | -0.28% | -1.09% | -10.64% | -3.02% | 0.78% | 1.14% | -0.98% | -4.62% | 2.50% |
| 2020 | -5.06% | -12.88% | -24.62% | 12.03% | 0.18% | -2.41% | -11.29% | 4.41% | -8.64% | 13.03% | 25.26% | 9.29% |
| 2019 | 8.15% | 10.26% | -9.24% | -1.24% | -9.35% | 14.29% | 2.79% | -9.22% | 6.49% | 4.57% | 1.40% | 2.09% |
| 2018 | 1.79% | -4.24% | 1.04% | 3.24% | 5.50% | 1.55% | 2.32% | 1.22% | -6.52% | -7.78% | 0.33% | -19.35% |
| 2017 | 0.71% | 3.64% | -2.24% | 5.19% | -4.52% | 0.73% | 0.60% | -3.47% | 9.13% | 0.07% | 1.13% | -4.34% |
| 2016 | 9.76% | 1.01% | -2.73% | 5.56% | 3.71% | -1.80% | 5.95% | 21.78% | 9.54% |
The charts below present risk-adjusted performance metrics for First Merchants Corp (FRME) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of FRME compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
The current First Merchants Corp volatility is 1.31%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 19.03B | 18.31B | 18.41B | 17.94B | 15.45B | 14.07B | 12.46B | 9.88B | 9.37B | 7.21B | 6.76B | 5.82B | 5.44B | 4.30B | 4.17B |
| Equity Attributable To Parent (USD) | 2.47B | 2.30B | 2.25B | 2.03B | 1.91B | 1.88B | 1.79B | 1.41B | 1.30B | 901.66M | 850.51M | 726.83M | 634.92M | 552.24M | 514.47M |
| Equity Attributable To Noncontrolling Interest (USD) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity (USD) | 2.47B | 2.30B | 2.25B | 2.03B | 1.91B | 1.88B | 1.79B | 1.41B | 1.30B | 901.66M | 850.51M | 726.83M | 634.92M | 552.24M | 514.47M |
| Noncurrent Liabilities (USD) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Current Liabilities (USD) | 16.56B | 16.01B | 16.16B | 15.90B | 13.54B | 12.19B | 10.67B | 8.48B | 8.06B | 6.31B | 5.91B | 5.10B | 4.80B | 3.75B | 3.66B |
| Liabilities (USD) | 16.56B | 16.01B | 16.16B | 15.90B | 13.54B | 12.19B | 10.67B | 8.48B | 8.06B | 6.31B | 5.91B | 5.10B | 4.80B | 3.75B | 3.66B |
| Intangible Assets (USD) | 13.80M | 19.83M | 27.10M | 35.84M | 25.48M | 28.98M | 34.96M | 24.43M | 31.15M | 14.87M | 16.64M | 16.03M | 13.82M | 8.15M | 9.11M |
| Fixed Assets (USD) | 121.06M | 129.74M | 133.90M | 117.12M | 105.66M | 111.06M | 113.06M | 93.42M | 95.85M | 94.43M | 97.65M | 77.69M | 74.45M | 52.75M | 51.01M |
| Noncurrent Assets (USD) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Current Assets (USD) | 19.03B | 18.31B | 18.41B | 17.94B | 15.45B | 14.07B | 12.46B | 9.88B | 9.37B | 7.21B | 6.76B | 5.82B | 5.44B | 4.30B | 4.17B |
| Assets (USD) | 19.03B | 18.31B | 18.41B | 17.94B | 15.45B | 14.07B | 12.46B | 9.88B | 9.37B | 7.21B | 6.76B | 5.82B | 5.44B | 4.30B | 4.17B |
First Merchants Corporation (NASDAQ:FRME) has completed its merger with First Savings Financial Group, Inc. (NASDAQ:FSFG) effective February 1, 2026. The combined entity will have approximately $21.4 billion in assets and remain Indiana's second-largest financial holding company. Integration is expected to complete in Q2 2026, with the merged bank operating under the First Merchants Bank name.
First Merchants Corporation declared a quarterly cash dividend of $46.88 per share on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A (FRMEP), with depositary share holders receiving $0.4688 per share. The dividend is payable on February 16, 2026, to stockholders of record on January 30, 2026.
First Merchants Corporation (NASDAQ: FRME) announced it will release fourth quarter 2025 financial results on January 26, 2026, followed by an earnings conference call and webcast on January 27, 2026 at 9:00 a.m. ET. The company also declared a cash dividend of $0.36 per common share payable on December 19, 2025.
First Merchants Corporation declared a cash dividend of $0.36 per common share, payable on December 19, 2025, to shareholders of record as of December 5, 2025.
First Merchants Corporation declared a quarterly cash dividend of $46.88 per share on its 7.50% Non-Cumulative Perpetual Preferred Stock Series A, payable on November 14, 2025, to stockholders of record on October 31, 2025.
First Merchants Corporation will release its Q3 2025 financial results on October 22, 2025, and host an earnings conference call and webcast on October 23, 2025.
First Merchants Corporation declared a cash dividend of $0.36 per common share, payable on September 19, 2025, to shareholders of record as of September 5, 2025.
First Merchants Corporation announced a cash dividend of $0.36 per common share, payable on September 19, 2025, to shareholders of record as of September 5, 2025.
First Merchants Corporation will release its Q2 2025 financial results on July 23, 2025, and host a conference call and webcast on July 24, 2025 at 9:00 a.m. ET to discuss the results.
First Merchants Corporation, a financial holding company, announced a cash dividend of $0.36 per share payable on June 20, 2025. The company also reported its first quarter 2025 earnings, with net income available to common stockholders of $54.9 million.