$42.09
Closed
-(-)

At close

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About

First Merchants Corp. (Indiana) is a bank holding company, which engages in the provision of financial services. The company is headquartered in Muncie, Indiana and currently employs 2,086 full-time employees. The company has one full-service bank charter, First Merchants Bank (the Bank). The Bank operates First Merchants Private Wealth Advisors (a division of First Merchants Bank). Through the Bank, the Company offers a broad range of commercial and consumer banking services. Its commercial banking solutions include debt capital, treasury management services and depository products. Its consumer banking solutions include consumer deposit and lending products. Its mortgage banking offers consumer mortgage solutions to assist with the purchase, refinance, construction or renovation of residential properties. Its private wealth advisors offer personal wealth management services with expertise in investment management, private banking, fiduciary estate and financial planning. The company operates approximately 111 banking locations in Indiana, Ohio, and Michigan.
Country

US

CEO

Mr. Mark Hardwick

IPO date

1989

Employees

2,086

ISIN

US3208171096

Key stats

Open

$41.45

Volume

304.94K

Market cap

$2.65B

Prev. close

$42.09

Impl / hst vl

-

Open interest

$0.00

$41.35

Day’s Range

$42.12

$35.71

52W Range

$43.22

Valuation

33
Valuation score
Overvalued
P/E
12.18
P/S
-
NIM
0.83
ROE
8.03
Efficiency ratio
49.19
FCF growth
-27.41%
LLP / Net income
17.70%

Jun

19

Dividends

The last payment date was Jun 19, 2026

Div. per Share

$0.37

Div. Yield

0.88%

Payout Ratio

-

Div. Growth YoY

2.78%

Analysts estimates

Consensus rating
Buy

The average rating from top 7 analysts indicates that stock is expected to perform in line with the market

Str. Sell
Sell
Hold
Buy
Str. Buy
Avg. price target
$48.55
The top 7 analysts forecasts that 12-month price may increase by 15.35%, with a low of $45.45 and a high of $52.50
$45.45
Low
$48.55
Avg
$52.50
High
Current price

Earnings

Q1 ‘26 interest income
$248.57M
Q1 ‘26 net income
$27.69M
Interest income
Net income
Previous EPS
$0.98
Estimate EPS
$0.95
Actual EPS
Estimate EPS
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