The price of First Merchants Corporation (FRME) on October 9, 2026 is 39.00 USD, -1.49% on the day. Over 52 weeks the stock traded between 34.66 USD and 45.33 USD; the price now sits 41% of the way up that range. Over the past year the price changed by +3.23%. The P/E ratio is 12.3, which is below the sector median (13.2). Market capitalization is 2.44 billion USD, rank 33 among 82 stocks of the same industry with a known capitalization.
Closing prices for 9 October 2026
Next earnings report: 28 October 2026 · Earnings calendar
Change over the period shown (line colour): +6.24 %
First Merchants Corporation trades on Nasdaq under the ticker FRME. The company belongs to the Financials sector. The trading history on this page starts on 22 August 2016.
Over the past 52 weeks FRME has traded between 34.66 $ and 45.33 $. As of 9 October 2026 the price stood 40.67 % of the way from the 52-week low to the high.
Over one year FRME shares rose 3.23 %; over six months they fell 5.04 %. Volatility over 90 days is 20.99 %. Dividends are not included: this is price change only, as of 9 October 2026.
FRME trades at a price-to-earnings ratio of 12.3, below the sector median of 13.2. Price to sales is 2.6, below the sector median of 2.7. Price to book is 0.9, below the sector median of 1.3. Calculated from reports for the period ending 31 March 2026.
| Date | Open | High | Low | Close | Volume, shares |
|---|---|---|---|---|---|
| 9 October 2026 | 39.46 | 39.52 | 38.83 | 39.00 | 436,000 |
| 8 October 2026 | 39.10 | 39.76 | 38.81 | 39.59 | 567,800 |
| 7 October 2026 | 39.27 | 39.50 | 38.89 | 39.29 | 700,200 |
| 6 October 2026 | 40.06 | 40.15 |
The series is stated in the current share scale after splits; dividends are not included in the price
Based on the last 12 months of reports, through 31 March 2026
The sector median covers every company in the sector on the US market, loss-making ones included.
The issuer has several share classes — market cap covers the whole company.
First Merchants Corporation (FRME) is a public company in the financials sector. Its common stock trade on NASDAQ.
Over the trailing twelve months as reported to 2026-03-31, revenue was 950.8m $, net income was 198.8m $. Distributions over the trailing twelve months were 1 $ per share. Payouts have run for 13 consecutive years. Incorporated in US.
This summary is compiled automatically from SEC filings and exchange data.
Address:200 E JACKSON ST PO BOX 792, MUNCIE, IN, 47308-0792, US
First Merchants Corporation reported revenue of 951M $ and net income of 199M $ over the last four quarters. Net margin is 20.91 %. Revenue changed by +1.74 % year over year. Earnings per share are 3.39 $. Market capitalisation is 2.4B $.
FRME has a return on equity of 7.44 %, below the sector median of 9.80 %. Return on assets is 0.94 %, below the sector median of 1.13 %.
First Merchants Corporation pays dividends quarterly: 1.46 $ per share over the past twelve months, a yield of 3.74 %. The latest payment was 0.37 $, with an ex-dividend date of 4 September 2026. The company has raised its payout for 12 years in a row.
| 1.2B |
| COFCapital One Financial Corporation | 199.26 | −0.07 % | 718M |
| USBU.S. Bancorp | 57.08 | +0.09 % | 465M |
| HBANHuntington Bancshares Incorporated | 15.32 | −0.33 % | 455M |
| PNCPNC Financial Services Group, Inc. (The) | 219.21 | −0.21 % | 410M |
| 39.62 |
| 39.67 |
| 448,900 |
| 5 October 2026 | 40.15 | 40.25 | 39.67 | 39.77 | 478,400 |
| 2 October 2026 | 39.87 | 40.31 | 39.80 | 40.15 | 815,300 |
| 1 October 2026 | 39.18 | 39.69 | 38.62 | 39.58 | 629,500 |
| 30 September 2026 | 40.12 | 40.26 | 39.55 | 39.78 | 551,500 |
| 29 September 2026 | 40.38 | 40.68 | 39.85 | 40.08 | 353,300 |
| 28 September 2026 | 40.67 | 40.70 | 40.30 | 40.37 | 556,200 |
| 25 September 2026 | 40.65 | 41.20 | 40.56 | 40.71 | 754,500 |
| 24 September 2026 | 40.28 | 40.57 | 40.04 | 40.49 | 466,300 |
| 23 September 2026 | 40.64 | 40.68 | 39.97 | 40.03 | 393,900 |
| 22 September 2026 | 41.25 | 41.41 | 40.65 | 40.65 | 582,400 |
| 21 September 2026 | 40.95 | 41.08 | 40.70 | 40.90 | 411,100 |
| 18 September 2026 | 40.67 | 40.94 | 40.37 | 40.87 | 2M |
| 17 September 2026 | 41.51 | 41.58 | 40.85 | 40.90 | 388,700 |
| 16 September 2026 | 41.65 | 41.77 | 40.35 | 41.06 | 499,100 |
| 15 September 2026 | 41.46 | 41.97 | 41.44 | 41.73 | 379,000 |
| 14 September 2026 | 41.02 | 41.65 | 41.02 | 41.51 | 473,500 |