First Merchants CorpFRME
What First Merchants Corp does.
First Merchants Corporation (the “Corporation”) is a financial holding company headquartered in Muncie, Indiana and was organized in September 1982. The Corporation’s common stock is traded on the Nasdaq Global Select Market System under the symbol FRME. The Corporation has one full-service bank charter, First Merchants Bank, which opened for business in Muncie, Indiana in March 1893. The Bank also operates First Merchants Private Wealth Advisors (a division of First Merchants Bank). The Bank includes 111 banking locations in Indiana, Ohio, and Michigan. In addition to its branch network, the Corporation offers comprehensive electronic and mobile delivery channels to its customers. The Corporation’s business activities are currently limited to one significant business segment, which is community banking.
Through the Bank, the Corporation offers a broad range of commercial and consumer banking services to meet the diverse needs of our customers. Our commercial banking team offers a full spectrum of debt capital, treasury management services and depository products. The consumer banking group offers a variety of consumer deposit and lending products. The mortgage banking team offers consumer mortgage solutions to assist with the purchase, refinance, construction or renovation of residential properties. Private Wealth Advisors offers personal wealth management services with expertise in investment management, private banking, fiduciary estate and financial planning.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $492.1M | $520.0M | $628.1M | $651.0M | $646.7M | $662.9M |
| Net income | $148.6M | $205.5M | $222.1M | $223.8M | $201.4M | $226.0M |
More on FRME.
- First Merchants Corp summary
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- First Merchants Corp earnings
- First Merchants Corp dividends
- First Merchants Corp valuation
- First Merchants Corp ownership and insiders
- First Merchants Corp peers
Figures from First Merchants Corp's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.