First Merchants Corporation (FRMEP) Stock Price & Analysis

First Merchants Corporation (FRMEP) closed at USD 25.22 on Thursday, October 15, 2026, down 0.30% on the day. The US market is currently closed; this is not a live price.

The prior close was USD 25.3; the Oct 15, 2026 session ranged USD 25.22–25.3 on volume of 1,275 shares. Market capitalization is —, with a 52-week range of USD 24.73–27.09 (NMS). Source: Nexqual, retrieved October 16, 2026 at 05:10 UTC.

Also available as compact Markdown for AI agents: nexqual.com/FRMEP.md

Key facts (FRMEP)

Analysts (FRMEP)

Consensus None.

Total return (dividends reinvested) (FRMEP)

1Y (from 2025-10-16)5Y (from 2021-10-11)
Total return+3.3%+32.5%
S&P 500 (SPY)+18.1%+85.1%
Per year+3.3%+5.8%
Volatility (annualized)11.4%9.7%
Max drawdown-4.7% (Jul 2026→Sep 2026)-10.4% (Jan 2023→May 2023)

Key Statistics (as of October 16, 2026 at 05:10 UTC)

PriceUSD 25.22
Change▼ 0.30% (down)
Previous CloseUSD 25.3
OpenUSD 25.3
Day RangeUSD 25.22 – 25.3
52-Week RangeUSD 24.73 – 27.09
Volume1,275 shares
Market Cap—
ExchangeNMS

Technical Analysis (FRMEP)

Nexqual's technical model rates FRMEP "NEUTRAL" based on 2 bullish and 3 bearish signals across 127 daily candles, as of October 16, 2026 at 05:10 UTC.

Overall SignalNEUTRAL
RSI (14)48.93 (neutral)
vs SMA50Above (USD 25.2)
MACD0.01 (positive)

Analyst Ratings (FRMEP)

Wall Street analysts rate FRMEP "None", per Nexqual as of October 16, 2026 at 05:10 UTC.

Consensus RatingNone

Earnings (FRMEP)

Revenue Estimate$203.94M

Source: Nexqual, October 16, 2026 at 05:10 UTC.

Financials & Fundamentals (FRMEP)

Total Revenue$642.19M
Revenue Growth (latest quarter, YoY)+2.80%
Gross Margin+0.00%
Operating Margin+34.27%
Profit Margin+28.96%
ROE+7.37%
Total Cash$665.65M
Total Debt$1.65B

Source: Nexqual, October 16, 2026 at 05:10 UTC.

Financial Health Score (FRMEP)

Nexqual rates First Merchants Corporation's overall financial health "Mixed" across five dimensions, as of October 16, 2026 at 05:10 UTC.

GrowthSolid — Revenue +6% YoY (annual)
ProfitabilityCritical — Gross margin 0%
Balance SheetMixed — $666M cash vs $1.65B debt
Cash FlowSolid — Operating cash flow $315M (TTM)
EfficiencyMixed — ROE 7%, ROA 0.9%

Ownership (FRMEP)

Insider Ownership+0.00%
Institutional Ownership+711.20%
Float61.56M

Source: Nexqual, October 16, 2026 at 05:10 UTC.

Leadership (FRMEP)

First Merchants Corporation is led by Mark K. Hardwick C.P.A. (age 54), CEO & Director, per Nexqual as of October 16, 2026 at 05:10 UTC.

CEO & DirectorMark K. Hardwick C.P.A. (age 54)
PresidentMichael J. Stewart (age 59)
Executive VP, CFO & Principal Accounting OfficerMichele M. Kawiecki (age 52)
VP & Director of Corporate AdministrationNicole M. Weaver

Major Backers & Investors (FRMEP)

Notable institutional backers of First Merchants Corporation include John Hancock Financial Opportunities Fund, Angel Oak Financial Strategies Income Term Trust, according to Nexqual as of October 16, 2026 at 05:10 UTC.

Active Investors

InvestorStake
John Hancock Financial Opportunities Fund4.89%
Angel Oak Financial Strategies Income Term Trust4%

Source: Nexqual, October 16, 2026 at 05:10 UTC.

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Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 16, 2026 at 05:10 UTC. This page is informational and not investment advice.

For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt