First Merchants Corp
FRME36.985USD
-0.125-0.34%
Market hours （ET）Quotes delayed by 15 min
2.12BMarket Cap
10.24P/E TTM
More Details of First Merchants Corp Company
First Merchants Corporation is a financial holding company. The Company conducts banking activities through its wholly owned subsidiary, First Merchants Bank (the Bank). The Bank also operates as First Merchants Private Wealth Advisors (as a division of First Merchants Bank). Through the Bank, the Company offers a broad range of financial services, including accepting time, savings, and demand deposits; making consumer, commercial, agri-business and real estate mortgage loans; providing personal and corporate trust services; offering full-service brokerage and private wealth management; and providing letters of credit, repurchase agreements and other corporate services. The Company operates through a community banking segment. The Bank includes 116 banking locations in Indiana, Ohio, Michigan, and Illinois. In addition to its branch network, the Company offers comprehensive electronic and mobile delivery channels to its customers.
Company Info
Ticker SymbolFRME
Company nameFirst Merchants Corp
IPO dateJun 20, 1989
CEOMr. Mark K. Hardwick
Number of employees2120
Security typeOrdinary Share
Fiscal year-endJun 20
Address200 East Jackson Street
CityMUNCIE
Stock exchangeNASDAQ Global Select Consolidated
CountryUnited States of America
Postal code47305-2814
Phone17657471500
Websitehttps://ir.firstmerchants.com/
Ticker SymbolFRME
IPO dateJun 20, 1989
CEOMr. Mark K. Hardwick
Company Executives
Name
Name/Position
Position
Shareholding
Change
Mr. Mark K. Hardwick
Mr. Mark K. Hardwick
Chief Executive Officer, Director
Chief Executive Officer, Director
125.69K
-7.86%
Mr. Patrick J. Fehring
Mr. Patrick J. Fehring
Independent Director
Independent Director
119.88K
+0.50%
Mr. Michael J. Stewart
Mr. Michael J. Stewart
President
President
100.27K
+1.42%
Mr. Michael C. Rechin
Mr. Michael C. Rechin
Vice Chairperson of the Board
Vice Chairperson of the Board
93.08K
+0.68%
Mr. John J. Martin
Mr. John J. Martin
Executive Vice President, Chief Credit Officer
Executive Vice President, Chief Credit Officer
62.61K
+3.20%
Ms. Jean L. Wojtowicz
Ms. Jean L. Wojtowicz
Independent Chairperson of the Board
Independent Chairperson of the Board
60.63K
+1.36%
Mr. Gary J. Lehman
Mr. Gary J. Lehman
Independent Director
Independent Director
51.78K
+1.12%
Mr. Stephan H. Fluhler
Mr. Stephan H. Fluhler
Senior Vice President, Chief Information Officer
Senior Vice President, Chief Information Officer
31.94K
+14.67%
Mr. Joseph C. Peterson
Mr. Joseph C. Peterson
Executive Vice President and Chief Commercial Officer
Executive Vice President and Chief Commercial Officer
31.58K
--
Mr. Michael R. (Mike) Becher, CPA
Mr. Michael R. (Mike) Becher, CPA
Independent Director
Independent Director
27.12K
+2.39%
View more
Name
Name/Position
Position
Shareholding
Change
Mr. Mark K. Hardwick
Mr. Mark K. Hardwick
Chief Executive Officer, Director
Chief Executive Officer, Director
125.69K
-7.86%
Mr. Patrick J. Fehring
Mr. Patrick J. Fehring
Independent Director
Independent Director
119.88K
+0.50%
Mr. Michael J. Stewart
Mr. Michael J. Stewart
President
President
100.27K
+1.42%
Mr. Michael C. Rechin
Mr. Michael C. Rechin
Vice Chairperson of the Board
Vice Chairperson of the Board
93.08K
+0.68%
Mr. John J. Martin
Mr. John J. Martin
Executive Vice President, Chief Credit Officer
Executive Vice President, Chief Credit Officer
62.61K
+3.20%
Ms. Jean L. Wojtowicz
Ms. Jean L. Wojtowicz
Independent Chairperson of the Board
Independent Chairperson of the Board
60.63K
+1.36%
Revenue Breakdown
No Data
No Data
By Business
By Region
No Data
Shareholding Stats
Updated: Wed, May 14
Updated: Wed, May 14
Shareholders
Shareholder Types
Shareholders
Shareholders
Proportion
The Vanguard Group, Inc.
10.77%
BlackRock Institutional Trust Company, N.A.
7.33%
Dimensional Fund Advisors, L.P.
5.96%
EARNEST Partners, LLC
4.44%
State Street Global Advisors (US)
3.46%
Other
68.04%
Shareholders
Shareholders
Proportion
The Vanguard Group, Inc.
10.77%
BlackRock Institutional Trust Company, N.A.
7.33%
Dimensional Fund Advisors, L.P.
5.96%
EARNEST Partners, LLC
4.44%
State Street Global Advisors (US)
3.46%
Other
68.04%
Shareholder Types
Shareholders
Proportion
Investment Advisor
43.79%
Investment Advisor/Hedge Fund
29.28%
Hedge Fund
2.56%
Pension Fund
1.72%
Research Firm
1.66%
Individual Investor
1.60%
Bank and Trust
1.39%
Sovereign Wealth Fund
0.32%
Family Office
0.05%
Other
17.63%
Institutional Shareholding
Updated: Tue, Jul 1
Updated: Tue, Jul 1
Reporting Period
No. of institutions
Shares Held
Proportion
Change
2025Q2
502
47.31M
82.60%
-1.58M
2025Q1
514
48.01M
82.34%
-1.65M
2024Q4
498
46.46M
79.37%
-1.43M
2024Q3
479
44.89M
77.22%
-2.30M
2024Q2
487
44.37M
76.43%
-3.24M
2024Q1
487
45.07M
76.94%
-3.20M
2023Q4
480
45.57M
76.69%
-1.67M
2023Q3
461
44.66M
75.18%
-2.32M
2023Q2
459
44.36M
74.81%
-2.92M
2023Q1
455
45.47M
76.75%
-1.60M
View more
Shareholder Activity
Name
Shares Held
Proportion
Change
Chg %
Date
The Vanguard Group, Inc.
6.22M
10.67%
-98.81K
-1.56%
Mar 31, 2025
BlackRock Institutional Trust Company, N.A.
4.23M
7.26%
-70.72K
-1.64%
Mar 31, 2025
Dimensional Fund Advisors, L.P.
3.44M
5.9%
-76.70K
-2.18%
Mar 31, 2025
EARNEST Partners, LLC
2.56M
4.39%
-46.46K
-1.78%
Mar 31, 2025
State Street Global Advisors (US)
2.00M
3.43%
-190.53K
-8.70%
Mar 31, 2025
Geode Capital Management, L.L.C.
1.43M
2.45%
+37.05K
+2.66%
Mar 31, 2025
American Century Investment Management, Inc.
1.10M
1.89%
-289.60K
-20.85%
Mar 31, 2025
First Trust Advisors L.P.
1.08M
1.85%
+391.77K
+56.82%
Mar 31, 2025
Victory Capital Management Inc.
855.13K
1.47%
-103.48K
-10.79%
Mar 31, 2025
Capital International Investors
818.75K
1.4%
+223.64K
+37.58%
Mar 31, 2025
View more
Related ETFs
Updated: Sat, Aug 2
Updated: Sat, Aug 2
Name
Proportion
First Trust NASDAQ ABA Community Bank Index Fund
1.17%
JPMorgan Active Small Cap Value ETF
1.07%
ProShares Russell 2000 Dividend Growers ETF
0.96%
JPMorgan Fundamental Data Science Small Core ETF
0.8%
SPDR S&P Bank ETF
0.71%
First Trust RBA Amer Industrial Renaissance ETF
0.58%
iShares US Small Cap Value Factor ETF
0.52%
First Trust NASDAQ Bank ETF
0.44%
Fidelity Enhanced Small Cap ETF
0.37%
SPDR S&P Regional Banking ETF
0.36%
View more
First Trust NASDAQ ABA Community Bank Index Fund
Proportion1.17%
JPMorgan Active Small Cap Value ETF
Proportion1.07%
ProShares Russell 2000 Dividend Growers ETF
Proportion0.96%
JPMorgan Fundamental Data Science Small Core ETF
Proportion0.8%
SPDR S&P Bank ETF
Proportion0.71%
First Trust RBA Amer Industrial Renaissance ETF
Proportion0.58%
iShares US Small Cap Value Factor ETF
Proportion0.52%
First Trust NASDAQ Bank ETF
Proportion0.44%
Fidelity Enhanced Small Cap ETF
Proportion0.37%
SPDR S&P Regional Banking ETF
Proportion0.36%
Dividend
A total of
357.36M
USD has been distributed in dividends over the past 5 years.
Date
Dividend
Record Date
Payment Date
Ex-dividend Date
Feb 07, 2025
FRME.NB Interim Cash Dividend of gross USD 0.35 paid on Mar 21, 2025 going ex on Mar 07, 2025
Mar 07, 2025
Mar 21, 2025
Mar 07, 2025
Nov 13, 2024
FRME.NB Final Cash Dividend of gross USD 0.35 paid on Dec 20, 2024 going ex on Dec 06, 2024
Dec 06, 2024
Dec 20, 2024
Dec 06, 2024
Aug 19, 2024
FRME.NB Interim Cash Dividend of gross USD 0.35 paid on Sep 20, 2024 going ex on Sep 06, 2024
Sep 06, 2024
Sep 20, 2024
Sep 06, 2024
May 08, 2024
FRME.NB Interim Cash Dividend of gross USD 0.35 paid on Jun 21, 2024 going ex on Jun 07, 2024
Jun 07, 2024
Jun 21, 2024
Jun 07, 2024
Feb 07, 2024
FRME.NB Interim Cash Dividend of gross USD 0.34 paid on Mar 15, 2024 going ex on Feb 29, 2024
Mar 01, 2024
Mar 15, 2024
Feb 29, 2024
Nov 13, 2023
FRME.NB Final Cash Dividend of gross USD 0.34 paid on Dec 15, 2023 going ex on Nov 30, 2023
Dec 01, 2023
Dec 15, 2023
Nov 30, 2023
Aug 09, 2023
FRME.NB Interim Cash Dividend of gross USD 0.34 paid on Sep 15, 2023 going ex on Aug 31, 2023
Sep 01, 2023
Sep 15, 2023
Aug 31, 2023
May 10, 2023
FRME.NB Interim Cash Dividend of gross USD 0.34 paid on Jun 16, 2023 going ex on Jun 01, 2023
Jun 02, 2023
Jun 16, 2023
Jun 01, 2023
Feb 08, 2023
FRME.NB Interim Cash Dividend of gross USD 0.32 paid on Mar 17, 2023 going ex on Mar 02, 2023
Mar 03, 2023
Mar 17, 2023
Mar 02, 2023
Nov 09, 2022
FRME.NB Final Cash Dividend of gross USD 0.32 paid on Dec 16, 2022 going ex on Dec 01, 2022
Dec 02, 2022
Dec 16, 2022
Dec 01, 2022
View more
Stock Split
Date
Type
Ratio
No Data
Date
Type
Ratio
No Data
