First Merchants Corporation (FRME)
First Merchants Corporation is a financial holding company for First Merchants Bank and its common stock is listed on the NASDAQ under the symbol FRME. Through its banking franchise, the company provides commercial and consumer banking services, including checking and savings accounts, deposit products, debit and credit cards, mortgages, refinancing, construction and renovation lending, agricultural lending, treasury management, and depository services. It also offers wealth management capabilities such as brokerage, investment management, private banking, fiduciary estate services, and financial planning. First Merchants serves customers through banking locations in Indiana, Ohio, and Michigan counties, as well as electronic and mobile channels. Founded in 1893 and based in Muncie, Indiana, the company operates within the U.S. banking sector.
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| Ticker | Fair Value | Fair Value Upside/Downside | Fair Value Rating | Analyst Price Target | Analyst Target Upside/Downside | Analyst Target Rating | Overall Financial Health | Upcoming Dividend Ex-Date | Dividend Payment Date | Upcoming Dividend | Dividend Yield | Next Earnings Date | P/E Ratio | Price-to-Book Ratio | Price-to-Sales Ratio | Market Cap | Enterprise Value | Total Debt / Total Capital | Free Float / Shares Outstanding | Altman Z-Score | Payout Ratio | Free Cash Flow / Net Income |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
NASDAQ-FRME
|
$50.12
|
14.5% Upside
|
Fair
|
$48
|
9.6% Upside
|
Fair
|
Fair
|
—
|
—
|
1.48
|
3.3%
|
July 22, 2026
|
14.0x
|
1.0x
|
4.3x
|
2.793 B
|
—
|
37.5%
|
98.2%
|
-1.6
|
43.8%
|
142.4%
|