tradingkey.logo

First Merchants Corp

FRME
36.320USD
+0.110+0.30%
Close 11/11, 16:00ETQuotes delayed by 15 min
2.08BMarket Cap
8.98P/E TTM

First Merchants Corp

36.320
+0.110+0.30%

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.

First Merchants Corp 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 of First Merchants Corp

Name
Name/Position
Position
Shareholding
Change
Mr. Mark K. Hardwick
Mr. Mark K. Hardwick
Chief Executive Officer, Director
Chief Executive Officer, Director
138.21K
+9.97%
Mr. Patrick J. Fehring
Mr. Patrick J. Fehring
Independent Director
Independent Director
120.48K
+0.50%
Mr. Michael J. Stewart
Mr. Michael J. Stewart
President
President
110.62K
+10.32%
Mr. Michael C. Rechin
Mr. Michael C. Rechin
Vice Chairperson of the Board
Vice Chairperson of the Board
93.72K
+0.69%
Mr. John J. Martin
Mr. John J. Martin
Executive Vice President, Chief Credit Officer
Executive Vice President, Chief Credit Officer
69.23K
+10.57%
Ms. Jean L. Wojtowicz
Ms. Jean L. Wojtowicz
Independent Chairperson of the Board
Independent Chairperson of the Board
61.46K
+1.37%
Mr. Gary J. Lehman
Mr. Gary J. Lehman
Independent Director
Independent Director
52.36K
+1.12%
Mr. Joseph C. Peterson
Mr. Joseph C. Peterson
Executive Vice President and Chief Commercial Officer
Executive Vice President and Chief Commercial Officer
38.97K
+23.39%
Mr. Stephan H. Fluhler
Mr. Stephan H. Fluhler
Senior Vice President, Chief Information Officer
Senior Vice President, Chief Information Officer
30.02K
-15.93%
Mr. Michael R. (Mike) Becher, CPA
Mr. Michael R. (Mike) Becher, CPA
Independent Director
Independent Director
27.76K
+2.37%
View more
Name
Name/Position
Position
Shareholding
Change
Mr. Mark K. Hardwick
Mr. Mark K. Hardwick
Chief Executive Officer, Director
Chief Executive Officer, Director
138.21K
+9.97%
Mr. Patrick J. Fehring
Mr. Patrick J. Fehring
Independent Director
Independent Director
120.48K
+0.50%
Mr. Michael J. Stewart
Mr. Michael J. Stewart
President
President
110.62K
+10.32%
Mr. Michael C. Rechin
Mr. Michael C. Rechin
Vice Chairperson of the Board
Vice Chairperson of the Board
93.72K
+0.69%
Mr. John J. Martin
Mr. John J. Martin
Executive Vice President, Chief Credit Officer
Executive Vice President, Chief Credit Officer
69.23K
+10.57%
Ms. Jean L. Wojtowicz
Ms. Jean L. Wojtowicz
Independent Chairperson of the Board
Independent Chairperson of the Board
61.46K
+1.37%

Revenue Breakdown

FY2025Q2
No Data
By RegionUSD
Name
Revenue
Proportion
United States
151.76M
0.00%
By Business
By Region
No Data

Shareholding Stats

Updated: Mon, Sep 29
Updated: Mon, Sep 29
Shareholders
Shareholder Types
Shareholders
Shareholders
Proportion
The Vanguard Group, Inc.
10.48%
BlackRock Institutional Trust Company, N.A.
6.96%
Dimensional Fund Advisors, L.P.
5.89%
EARNEST Partners, LLC
4.45%
State Street Investment Management (US)
3.47%
Other
68.75%
Shareholders
Shareholders
Proportion
The Vanguard Group, Inc.
10.48%
BlackRock Institutional Trust Company, N.A.
6.96%
Dimensional Fund Advisors, L.P.
5.89%
EARNEST Partners, LLC
4.45%
State Street Investment Management (US)
3.47%
Other
68.75%
Shareholder Types
Shareholders
Proportion
Investment Advisor
43.96%
Investment Advisor/Hedge Fund
29.23%
Hedge Fund
3.15%
Individual Investor
1.69%
Pension Fund
1.44%
Research Firm
1.42%
Bank and Trust
1.33%
Sovereign Wealth Fund
0.07%
Family Office
0.07%
Other
17.65%

Institutional Shareholding

Updated: Wed, Oct 1
Updated: Wed, Oct 1
Reporting Period
No. of institutions
Shares Held
Proportion
Change
2025Q3
488
46.65M
80.67%
-2.21M
2025Q2
504
47.30M
81.93%
-1.54M
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
View more

Shareholder Activity

Name
Shares Held
Proportion
Change
Chg %
Date
The Vanguard Group, Inc.
6.17M
10.67%
-51.92K
-0.83%
Jun 30, 2025
BlackRock Institutional Trust Company, N.A.
4.03M
6.96%
-204.62K
-4.84%
Jun 30, 2025
Dimensional Fund Advisors, L.P.
3.41M
5.89%
-34.24K
-1.00%
Jun 30, 2025
EARNEST Partners, LLC
2.57M
4.45%
+9.73K
+0.38%
Jun 30, 2025
State Street Investment Management (US)
2.01M
3.47%
+6.92K
+0.35%
Jun 30, 2025
Geode Capital Management, L.L.C.
1.43M
2.47%
+976.00
+0.07%
Jun 30, 2025
Capital World Investors
818.75K
1.42%
--
--
Jun 30, 2025
American Century Investment Management, Inc.
1.13M
1.95%
+27.96K
+2.54%
Jun 30, 2025
Victory Capital Management Inc.
873.77K
1.51%
+18.64K
+2.18%
Jun 30, 2025
Capital International Investors
818.75K
1.42%
--
--
Jun 30, 2025
View more

Related ETFs

Updated: Thu, Nov 6
Updated: Thu, Nov 6
Name
Proportion
First Trust NASDAQ ABA Community Bank Index Fund
1.1%
JPMorgan Active Small Cap Value ETF
1.04%
VictoryShares US SmCp High Div Vol Wtd ETF
1.03%
ProShares Russell 2000 Dividend Growers ETF
0.85%
SPDR S&P Bank ETF
0.7%
JPMorgan Fundamental Data Science Small Core ETF
0.69%
SPDR S&P Regional Banking ETF
0.34%
Fidelity Enhanced Small Cap ETF
0.33%
First Trust Small Cap Value AlphaDEX Fund
0.33%
Avantis US Small Cap Equity ETF
0.27%
View more
First Trust NASDAQ ABA Community Bank Index Fund
Proportion1.1%
JPMorgan Active Small Cap Value ETF
Proportion1.04%
VictoryShares US SmCp High Div Vol Wtd ETF
Proportion1.03%
ProShares Russell 2000 Dividend Growers ETF
Proportion0.85%
SPDR S&P Bank ETF
Proportion0.7%
JPMorgan Fundamental Data Science Small Core ETF
Proportion0.69%
SPDR S&P Regional Banking ETF
Proportion0.34%
Fidelity Enhanced Small Cap ETF
Proportion0.33%
First Trust Small Cap Value AlphaDEX Fund
Proportion0.33%
Avantis US Small Cap Equity ETF
Proportion0.27%

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
KeyAI