First Merchants Corp (FRME) Stock Price & Analysis
First Merchants Corp (FRME) rose 3.08% to USD 43.18 as of July 25, 2026 at 07:13 UTC, according to Nexqual real-time market data.
FRME last closed at USD 41.89; the session ranged USD 41.55–43.38 on volume of 568,787 shares. Market capitalization is $2.72B, with a 52-week range of USD 34.66–45.33 (NMS). Source: Nexqual, July 25, 2026 at 07:13 UTC.
Key Statistics (as of July 25, 2026 at 07:13 UTC)
| Price | USD 43.18 |
|---|---|
| Change | ▲ 3.08% (up) |
| Previous Close | USD 41.89 |
| Open | USD 42.11 |
| Day Range | USD 41.55 – 43.38 |
| 52-Week Range | USD 34.66 – 45.33 |
| Volume | 568,787 shares |
| Market Cap | $2.72B |
| Exchange | NMS |
Technical Analysis (FRME)
Nexqual's technical model rates FRME "NEUTRAL" based on 3 bullish and 2 bearish signals across 125 daily candles, as of July 25, 2026 at 07:13 UTC.
| Overall Signal | NEUTRAL |
|---|---|
| RSI (14) | 53 (neutral) |
| vs SMA50 | Above (USD 41.73) |
| MACD | 0.45 (positive) |
Analyst Ratings (FRME)
Wall Street analysts rate FRME "Buy" based on 5 analysts, with a mean price target of USD 48 (range USD 45–51), per Nexqual as of July 25, 2026 at 07:13 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 5 |
| Mean Target | USD 48 |
| High Target | USD 51 |
| Low Target | USD 45 |
| Buy / Hold / Sell | 4 / 2 / 0 |
Earnings (FRME)
| Next Earnings Date | 2026-10-21 |
|---|---|
| EPS Estimate | USD 1.03 |
| Revenue Estimate | $202.70M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-03-31 | USD 1.03 vs est 0.97 ▲ beat |
| 2025-12-31 | USD 0.98 vs est 0.95 ▲ beat |
| 2025-09-30 | USD 0.99 vs est 0.96 ▲ beat |
| 2025-06-30 | USD 0.98 vs est 0.95 ▲ beat |
Source: Nexqual, July 25, 2026 at 07:13 UTC.
Financials & Fundamentals (FRME)
| Total Revenue | $642.19M |
|---|---|
| Revenue Growth (YoY) | +2.80% |
| Gross Margin | +0.00% |
| Operating Margin | +34.27% |
| Profit Margin | +28.96% |
| ROE | +7.37% |
| Total Cash | $616.10M |
| Total Debt | $1.60B |
Source: Nexqual, July 25, 2026 at 07:13 UTC.
Financial Health Score (FRME)
Nexqual rates First Merchants Corp's overall financial health "Mixed" across five dimensions, as of July 25, 2026 at 07:13 UTC.
| Growth | Solid — Revenue +6% YoY (annual) |
|---|---|
| Profitability | Critical — Gross margin 0% |
| Balance Sheet | Mixed — $616M cash vs $1.60B debt |
| Cash Flow | Mixed — No data |
| Efficiency | Mixed — ROE 7%, ROA 0.9% |
Ownership (FRME)
| Insider Ownership | +2.03% |
|---|---|
| Institutional Ownership | +76.22% |
| Shares Outstanding | 63.02M |
| Float | 61.07M |
| Short % of Float | +2.93% |
Source: Nexqual, July 25, 2026 at 07:13 UTC.
Leadership (FRME)
First Merchants Corp is led by Mark K. Hardwick (age 54), CEO & Director, per Nexqual as of July 25, 2026 at 07:13 UTC.
| CEO & Director | Mark K. Hardwick (age 54) |
|---|---|
| President | Michael J. Stewart (age 59) |
| Executive VP, CFO & Principal Accounting Officer | Michele M. Kawiecki (age 52) |
| VP & Director of Corporate Administration | Nicole M. Weaver |
Major Backers & Investors (FRME)
Notable institutional backers of First Merchants Corp include Earnest Partners LLC, Goldman Sachs, Wellington Management, according to Nexqual as of July 25, 2026 at 07:13 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Earnest Partners LLC | 3.58% |
| Goldman Sachs | 1.8% |
| Wellington Management | 1.6% |
| HARBOR FUNDS-Harbor Small Cap Value Fund | 1.33% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 17.42% |
| BlackRock | 10.14% |
| Dimensional Fund Advisors | 5.71% |
| State Street | 4.52% |
| Geode Capital | 2.5% |
| Nuveen | 1.66% |
Source: Nexqual, July 25, 2026 at 07:13 UTC.
From First Merchants Corp's Latest SEC 10-K Filing (filed 2026-02-25)
Partnerships
- Private Wealth Advisors offers personal wealth management services with expertise in investment management, private banking, fiduciary estate and financial planning.
- With regard to securities issued by states and municipalities and other investment securities held to maturity, management considers (1) issuer bond ratings, (2) historical loss rates for given bond ratings, (3) the financial condition of the issuer, and (4) whether issuers continue to make timely principal and interest payments under the contractual terms of the securities.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| FFBC | First Financial Bancorp. | USD 33.87 | ▼ 0.27% |
| LKFN | Lakeland Financial Corporation | USD 61.11 | ▼ 0.33% |
| FBNC | First Bancorp | USD 62.74 | ▲ 0.21% |
| GABC | German American Bancorp, Inc. | USD 48.43 | ▲ 1.83% |
| INDB | Independent Bank Corp. | USD 85.12 | ▼ 0.2% |
Data source: Nexqual — real-time market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: July 25, 2026 at 07:13 UTC. This page is informational and not investment advice.