First Merchants Corp (FRME) is a publicly traded Financial Services sector company. As of October 2, 2026, FRME trades at $39.58 with a market cap of $2.50B and a P/E ratio of 12.92. FRME moved -0.45% today. Year to date, FRME is +5.55%; over the trailing twelve months it is +4.74%. Its 52-week range spans $33.13 to $45.62. Analyst consensus is buy with an average price target of $50.50. Rallies surfaces FRME's financials, insider trades, hedge fund holdings, congressional trades, analyst ratings, and AI-generated research below.
First Merchants Bank CEO Mark Hardwick retires end-2026; Mike Stewart to succeed in 2027: Mark Hardwick will retire at the end of 2026 after 29 years at First Merchants Bank, and President Mike Stewart will become president and CEO at the start of 2027.
| Metric | Value |
|---|---|
| Price | $39.58 |
| Market Cap | $2.50B |
| P/E Ratio | 12.92 |
| EPS | $3.13 |
| Dividend Yield | 0.37% |
| 52-Week High | $45.62 |
| 52-Week Low | $33.13 |
| Volume | 0 |
| Avg Volume | 0 |
| Revenue (TTM) | $981.95M |
| Net Income | $185.97M |
| Gross Margin | 0.00% |
2 analysts cover FRME: 0 strong buy, 2 buy, 0 hold, 0 sell, 0 strong sell. Consensus rating is buy. Average price target: $50.50.