First Merchants Corp (FRME) Stock Price & Analysis
First Merchants Corp (FRME) rose 1.50% to USD 40.62 as of June 10, 2026 at 03:37 UTC, according to Nexqual real-time market data.
FRME last closed at USD 40.02; the session ranged USD 40.11–41.29 on volume of 319,872 shares. Market capitalization is $2.56B, with a 52-week range of USD 34.66–43.22 (NMS). Source: Nexqual, June 10, 2026 at 03:37 UTC.
Key Statistics (as of June 10, 2026 at 03:37 UTC)
| Price | USD 40.62 |
|---|---|
| Change | ▲ 1.50% (up) |
| Previous Close | USD 40.02 |
| Open | USD 40.11 |
| Day Range | USD 40.11 – 41.29 |
| 52-Week Range | USD 34.66 – 43.22 |
| Volume | 319,872 shares |
| Market Cap | $2.56B |
| Exchange | NMS |
Technical Analysis (FRME)
Nexqual's technical model rates FRME "STRONG BUY" based on 5 bullish and 0 bearish signals across 124 daily candles, as of June 10, 2026 at 03:37 UTC.
| Overall Signal | STRONG BUY |
|---|---|
| RSI (14) | 54.21 (neutral) |
| vs SMA50 | Above (USD 40.13) |
| MACD | 0.03 (positive) |
Analyst Ratings (FRME)
Wall Street analysts rate FRME "None" based on 5 analysts, with a mean price target of USD 47.6 (range USD 45–50), per Nexqual as of June 10, 2026 at 03:37 UTC.
| Consensus Rating | None |
|---|---|
| Analyst Count | 5 |
| Mean Target | USD 47.6 |
| High Target | USD 50 |
| Low Target | USD 45 |
| Buy / Hold / Sell | 4 / 2 / 0 |
Earnings (FRME)
| Next Earnings Date | 2026-07-22 |
|---|---|
| EPS Estimate | USD 1.03 |
| Revenue Estimate | $202.64M |
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, June 10, 2026 at 03:37 UTC.
Financials & Fundamentals (FRME)
| Total Revenue | $637.81M |
|---|---|
| Revenue Growth (YoY) | -2.50% |
| Gross Margin | +0.00% |
| Operating Margin | +22.58% |
| Profit Margin | +31.17% |
| ROE | +7.95% |
| Total Cash | $320.93M |
| Total Debt | $1.69B |
Source: Nexqual, June 10, 2026 at 03:37 UTC.
Financial Health Score (FRME)
Nexqual rates First Merchants Corp's overall financial health "Mixed" across five dimensions, as of June 10, 2026 at 03:37 UTC.
| Growth | Solid — Revenue +6% YoY (annual) |
|---|---|
| Profitability | Critical — Gross margin 0% |
| Balance Sheet | Mixed — $321M cash vs $1.69B debt |
| Cash Flow | Solid — Operating cash flow $281M |
| Efficiency | Mixed — ROE 8%, ROA 1.0% |
Ownership (FRME)
| Insider Ownership | +2.02% |
|---|---|
| Institutional Ownership | +75.28% |
| Shares Outstanding | 63.02M |
| Float | 61.86M |
| Short % of Float | +2.39% |
Source: Nexqual, June 10, 2026 at 03:37 UTC.
Leadership (FRME)
First Merchants Corp is led by Mark K. Hardwick (age 54), CEO & Director, per Nexqual as of June 10, 2026 at 03:37 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 June 10, 2026 at 03:37 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 | 1.34% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 17.42% |
| BlackRock | 10.92% |
| Dimensional Fund Advisors | 5.71% |
| State Street | 3.55% |
| Geode Capital | 2.5% |
| Nuveen | 1.66% |
Source: Nexqual, June 10, 2026 at 03:37 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 31.38 | ▲ 1.72% |
| LKFN | Lakeland Financial Corporation | USD 60.37 | ▲ 0.63% |
| FBNC | First Bancorp | USD 60 | ▲ 1.23% |
| GABC | German American Bancorp, Inc. | USD 44.94 | ▲ 1.49% |
| INDB | Independent Bank Corp. | USD 80.61 | ▲ 1.31% |
Data source: Nexqual — real-time market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: June 10, 2026 at 03:37 UTC. This page is informational and not investment advice.