FRME — First Merchants Corporation stock price and chart

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FRME

$39.60+0.30%

as of close, Oct 16, 2026

☾ AH $39.60 +0.30%

First Merchants CorporationStock · FinancialsRussell 2000 0.09%Nasdaq Composite 0.008%US Stock Market 0.004%Russell 3000 0.003%

PeersJPMHOODBACVBRK-BGS

Technical analysis2

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Addendum charts0

VolumeDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDEDEDEDED

20162019202120242026

25.030.035.040.045.002.0M4.0M$39.60

2026-10-16

Price$39.60

MA20$41.34

MA50$39.80

Vol2.2M

What would $1,000 invested in FRME be worth today? →

FRME returns: By year · By month · By week · Trailing

Key stats#

Price data

Price: $39.60
YTD price return: +5.66%
YTD total return: +8.60%
Next earnings: Oct 21, 2026 · After close
Market cap: 2.5B2016-12 1.5B2026-10 2.5B+60.4% over the window
Enterprise value: 2.4B
Shares outstanding: 62.2M2016-06 40.8M2026-06 62.2M+52.6% over the window
52W low: $34.66
52W high: $45.33
From 52W high: -12.64%
From 52W low: +14.25%
52W range: 46%

Volume

Rel volume: 0.85×
30D volume: 504.6K
30D $ vol: 20.3M

Fundamentals

Sales (ttm): 691.5M2016-06 273.4M2026-06 691.5M+152.9% over the window
Sales/share: $11.122016-06 $6.712026-06 $11.12+65.8% over the window
EPS (ttm): $3.122016-06 $1.742026-06 $3.12+79.3% over the window
FCF (ttm): 283.6M
FCF/share: $4.56
Book value/share: $43.362016-06 $21.772026-06 $43.36+99.2% over the window
Net margin: 26.89%2016-06 25.2%2026-06 26.9%+6.6% over the window
ROE: 6.89%2016-06 7.8%2026-06 6.9%-11.2% over the window
ROA: 0.87%2016-06 1.0%2026-06 0.9%-12.7% over the window

Growth (CAGR, ttm) · 10Y

Sales: +5.15%2025-06-30 → 2026-06-30657.7M → 691.5M (+5.1% total)+0.75%2023-06-30 → 2026-06-30676.3M → 691.5M (+2.3% total)+6.34%2021-06-30 → 2026-06-30508.5M → 691.5M (+36.0% total)+9.73%2016-06-30 → 2026-06-30273.4M → 691.5M (+152.9% total)
Net income: -17.62%2025-06-30 → 2026-06-30225.7M → 186M (-17.6% total)-10.50%2023-06-30 → 2026-06-30259.5M → 186M (-28.3% total)-0.04%2021-06-30 → 2026-06-30186.4M → 186M (-0.2% total)+10.43%2016-06-30 → 2026-06-3068.9M → 186M (+169.7% total)
Shares: +7.75%2025-06-30 → 2026-06-3057.7M → 62.2M (+7.7% total)+1.36%2023-06-30 → 2026-06-3059.7M → 62.2M (+4.2% total)+2.81%2021-06-30 → 2026-06-3054.2M → 62.2M (+14.8% total)+4.32%2016-06-30 → 2026-06-3040.8M → 62.2M (+52.6% total)

Per-share growth (CAGR, ttm) · 10Y

EPS: -19.67%2025-06-30 → 2026-06-30$3.88 → $3.12 (-19.7% total)-10.61%2023-06-30 → 2026-06-30$4.37 → $3.12 (-28.6% total)-1.94%2021-06-30 → 2026-06-30$3.44 → $3.12 (-9.3% total)+6.01%2016-06-30 → 2026-06-30$1.74 → $3.12 (+79.3% total)
Sales/share: -2.42%2025-06-30 → 2026-06-30$11.39 → $11.12 (-2.4% total)-0.61%2023-06-30 → 2026-06-30$11.32 → $11.12 (-1.8% total)+3.44%2021-06-30 → 2026-06-30$9.39 → $11.12 (+18.4% total)+5.19%2016-06-30 → 2026-06-30$6.71 → $11.12 (+65.8% total)
Book value/share: +6.62%2025-06-30 → 2026-06-30$40.67 → $43.36 (+6.6% total)+6.47%2023-06-30 → 2026-06-30$35.92 → $43.36 (+20.7% total)+4.64%2021-06-30 → 2026-06-30$34.56 → $43.36 (+25.5% total)+7.14%2016-06-30 → 2026-06-30$21.77 → $43.36 (+99.2% total)
Dividend/share: -0.05%2025-06-30 → 2026-06-30$1.41 → $1.41 (-0.0% total)+2.73%2023-06-30 → 2026-06-30$1.30 → $1.41 (+8.4% total)+5.66%2021-06-30 → 2026-06-30$1.07 → $1.41 (+31.7% total)+11.61%2016-06-30 → 2026-06-30$0.47 → $1.41 (+199.9% total)
Price: +12.13%2025-10-16 → 2026-10-16$35.32 → $39.60 (+12.1% total)Price appreciation from split-adjusted daily closes, excluding dividends; endpoints are exact trading-day anniversaries of the latest close.+12.58%2023-10-16 → 2026-10-16$27.75 → $39.60 (+42.7% total)Price appreciation from split-adjusted daily closes, excluding dividends; endpoints are exact trading-day anniversaries of the latest close.-1.59%2021-10-15 → 2026-10-16$42.90 → $39.60 (-7.7% total)Price appreciation from split-adjusted daily closes, excluding dividends; endpoints are exact trading-day anniversaries of the latest close.+3.91%2016-10-14 → 2026-10-16$26.97 → $39.60 (+46.8% total)Price appreciation from split-adjusted daily closes, excluding dividends; endpoints are exact trading-day anniversaries of the latest close.
Total return: +16.37%2025-10-16 → 2026-10-16$34.03 → $39.60 (+16.4% total)Total return with dividends reinvested (adjusted daily closes); endpoints are exact trading-day anniversaries of the latest close. The gap against the Price row is the dividend contribution.+16.93%2023-10-16 → 2026-10-16$24.77 → $39.60 (+59.9% total)Total return with dividends reinvested (adjusted daily closes); endpoints are exact trading-day anniversaries of the latest close. The gap against the Price row is the dividend contribution.+2.08%2021-10-15 → 2026-10-16$35.72 → $39.60 (+10.9% total)Total return with dividends reinvested (adjusted daily closes); endpoints are exact trading-day anniversaries of the latest close. The gap against the Price row is the dividend contribution.+7.12%2016-10-14 → 2026-10-16$19.91 → $39.60 (+98.9% total)Total return with dividends reinvested (adjusted daily closes); endpoints are exact trading-day anniversaries of the latest close. The gap against the Price row is the dividend contribution.

Fundamentals end at the last reported quarter; price and total return end at the latest close.

Valuation

P/E (ttm)Price ÷ TTM diluted EPS. Net income carries everything below the operating line, including one-off gains. Negative when the trailing year lost money.: 12.7×2016-12 21.072026-10 13.25-37.1% over the window
Fwd P/E: 8.7×
P/S (ttm)Market cap ÷ TTM revenue.: 3.6×2016-12 5.462026-10 3.56-34.8% over the window
P/B (mrq)Market cap ÷ stockholders' equity at the most recent quarter end.: 0.9×2016-12 1.712026-10 0.91-46.4% over the window
P/FCF (ttm)Market cap ÷ TTM free cash flow (operating cash flow − capex).: 8.7×
EV/Sales (ttm): 3.5×
FCF yield (ttm)TTM free cash flow ÷ market cap — the inverse of P/FCF.: 11.51%
Dividend yield (fwd)Indicated annual dividend ÷ last close: the last regular payment × payments a year, from our own dividend record. Shown only for a company that pays the same amount each time (raises and cuts allowed), whose payments are on schedule and agree with the dividends it reports paying; a company whose payments vary in size, such as an unequal interim and final, has no forward figure — see the ttm yield.: 3.74%
Dividend yield (ttm)Dividends paid over the last year ÷ last close: the last full cycle of regular payments in our own dividend record. Below the forward yield after a raise, above it after a cut. Shown only when the record holds that full cycle and it agrees with the dividends the company reports paying; otherwise —.: 3.69%
Dividend/share (fwd)The indicated annual dividend: the last regular payment × payments a year, for a company that pays the same amount each time.: $1.48
Buyback yield (realized, 1y)1 − shares_at(2026-03-31) ÷ shares_at(2025-03-31) = 1 − 63.0M ÷ 58.3M. Point-in-time share counts from the company's own SEC filings (the same count at both ends), published only when the cash flow statement shows repurchases inside that window. A falling price can't inflate it; negative means net dilution.: -8.09%
Shareholder yield (realized, 1y)Buyback leg + dividend leg: shares retired over the year (-8.09%) + dividends paid over that year ($87.7M) ÷ market_cap_at(2025-03-31) ($2.4B). Both legs are measured against the start of the window, so a payout can't shrink its own denominator.: -4.38%
Buyback yield (cash, ttm)Buybacks net of issuance over the trailing twelve months ($55.2M) ÷ today's market cap ($2.5B). Dollars SPENT over what the company is worth NOW — a stock that fell after buying reads high.: 2.24%2016-09 0.1%2026-06 2.0%+3775.0% over the window
Shareholder yield (cash, ttm)(TTM buybacks net of issuance $55.2M + TTM dividends $87.7M) ÷ today's market cap ($2.5B). Same caveat as the cash buyback yield.: 5.80%2016-09 1.4%2026-06 5.3%+283.9% over the window

Vs own 10Y history

P/E: 65th
P/S: 30th
P/B: 21st

Bar = where today’s multiple sits in FRME’s own 10-year range:near a decade-low (cheap)→near a decade-high (rich).

Performance · price return · as of 2026-10-16#

+0.30%

+1.54%

-3.56%

-12.45%

YTD

+5.66%

+12.12%

-7.69%

Financial statements

Open full FRME financials →

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Ticker	Name	1M	1D
BRK-B	Berkshire Hathaway Inc.	+2.35%	+1.21%
JPM	JPMorgan Chase & Co.	-2.64%	+1.25%
V	Visa Inc.	+8.54%	+0.72%
MA	Mastercard Incorporated	+8.75%	+0.18%
BAC	Bank of America Corporation	-11.52%	-0.91%
HSBC	HSBC Holdings plc.	-6.22%	+0.03%
MS	Morgan Stanley	-10.79%	-0.84%
RY	Royal Bank Of Canada	-2.22%	+0.57%

FRME — First Merchants Corporation price, chart and key statistics