FRME First Merchants Corporation

First Merchants Corporation

Major Banks

Finance

First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. It accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, and real estate mortgage loans. The company also offers personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. It operates 124 banking locations in Indiana, Illinois, Ohio, and Michigan counties. The company also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.

IPO Year:

Exchange: NASDAQ

Website: firstmerchants.com

Peers

Recent Analyst Ratings for First Merchants Corporation

Date	Price Target	Rating	Analyst
1/31/2025	$50.00	Market Perform → Outperform	Hovde Group
8/12/2024	$35.00 → $38.00	Market Perform	Hovde Group
8/7/2024	$45.00 → $38.00	Overweight → Equal-Weight	Stephens
2/21/2023	$50.00	Strong Buy → Outperform	Raymond James
7/7/2022		Outperform → Strong Buy	Raymond James
12/13/2021	$47.00	Market Perform → Outperform	Hovde Group
7/29/2021	$48.00	Neutral → Buy	Janney
7/28/2021	$55.00 → $47.00	Outperform	Raymond James

See more ratings

First Merchants Corporation Press Releases

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First Merchants Corporation Announces Cash Dividend

MUNCIE, Ind., Aug. 15, 2025 (GLOBE NEWSWIRE) -- First Merchants Corporation declared a cash dividend on August 15, 2025 of $0.36 per common share. The dividend is payable on September 19, 2025, to common shareholders of record as of September 5, 2025. About First Merchants Corporation: First Merchants Corporation is a financial holding company headquartered in Muncie, Indiana. The Corporation has one full-service bank charter, First Merchants Bank. The Bank also operates as First Merchants Private Wealth Advisors (as a division of First Merchants Bank). First Merchants Corporation's common stock is traded on the NASDAQ Global Select Market System under the symbol FRME. Quotations are ca

8/15/25 2:00:31 PM ET

First Merchants Corporation

Peers

Recent Analyst Ratings for First Merchants Corporation

First Merchants Corporation

Peers

Recent Analyst Ratings for First Merchants Corporation

First Merchants Corporation Insider Trading

President Stewart Michael J covered exercise/tax liability with 5,648 shares and was granted 16,000 shares, increasing direct ownership by 11% to 104,149 units (SEC Form 4)

Chief Commercial Officer Peterson Joseph C covered exercise/tax liability with 612 shares and was granted 8,000 shares, increasing direct ownership by 23% to 39,334 units (SEC Form 4)

Chief Credit Officer Martin John covered exercise/tax liability with 1,380 shares and was granted 8,000 shares, increasing direct ownership by 10% to 69,729 units (SEC Form 4)

Chief Risk Officer Kimball Chad covered exercise/tax liability with 857 shares and was granted 4,300 shares, increasing direct ownership by 24% to 18,090 units (SEC Form 4)

Chief Financial Officer Kawiecki Michele covered exercise/tax liability with 2,147 shares and was granted 13,000 shares, increasing direct ownership by 21% to 62,829 units (SEC Form 4)

Director of Human Resources Harris Steven C covered exercise/tax liability with 398 units of Common and was granted 3,000 units of Common, increasing direct ownership by 15% to 20,480 units (SEC Form 4)

Chief Executive Officer Hardwick Mark K covered exercise/tax liability with 8,473 shares and was granted 21,000 shares, increasing direct ownership by 12% to 118,917 units (SEC Form 4)

Chief Information Officer Fluhler Stephan covered exercise/tax liability with 1,226 shares and was granted 5,000 shares, increasing direct ownership by 13% to 33,196 units (SEC Form 4)

Director Wojtowicz Jean L was granted 815 shares, increasing direct ownership by 1% to 61,568 units (SEC Form 4)

Director Sondhi Jason R was granted 611 units of Common, increasing direct ownership by 9% to 7,685 units (SEC Form 4)

First Merchants Corporation Press Releases

First Merchants Corporation Announces Cash Dividend

First Merchants Corporation Announces Second Quarter 2025 Earnings Per Share

First Merchants Corporation Announces Cash Dividend on Its Preferred Stock

First Merchants Corporation to Report Second Quarter 2025 Financial Results, Host Conference Call and Webcast

First Merchants Corporation Announces Changed Ex-Dividend Date for Previously Announced Dividend

First Merchants Corporation Announces Cash Dividend

First Merchants Corporation Announces First Quarter 2025 Earnings Per Share

First Merchants Corporation Announces Cash Dividend on its Preferred Stock

First Merchants Corporation to Report First Quarter 2025 Financial Results, Host Conference Call and Webcast

First Merchants Corporation Announces Cash Dividend

First Merchants Corporation SEC Filings

SEC Form N-PX filed by First Merchants Corporation

First Merchants Corporation filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

SEC Form 10-Q filed by First Merchants Corporation

First Merchants Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

SEC Form 13F-HR filed by First Merchants Corporation

First Merchants Corporation filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

SEC Form 11-K filed by First Merchants Corporation

First Merchants Corporation filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

Amendment: First Merchants Corporation filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

First Merchants Corporation filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

First Merchants Corporation Insider Purchases

Director Halderman Howard bought $165 worth of shares (4 units at $41.24), gifted 3 shares and received a gift of 1 shares, increasing direct ownership by 0.00% to 25,128 units (SEC Form 4)

Stewart Michael J bought $1,068 worth of shares (36 units at $29.67), increasing direct ownership by 0.04% to 88,952 units (SEC Form 4)

Fisher Michael J bought $50,204 worth of shares (1,380 units at $36.38), increasing direct ownership by 13% to 12,165 units (SEC Form 4) (Amendment)

Kellogg Clark C bought $24,720 worth of shares (1,000 units at $24.72) (SEC Form 4)

Fisher Michael J bought $50,204 worth of shares (1,380 units at $36.38), increasing direct ownership by 13% to 12,138 units (SEC Form 4)

First Merchants Corporation Analyst Ratings

First Merchants upgraded by Hovde Group with a new price target

Hovde Group resumed coverage on First Merchants with a new price target

First Merchants downgraded by Stephens with a new price target

First Merchants downgraded by Raymond James with a new price target

First Merchants upgraded by Raymond James

First Merchants upgraded by Hovde Group with a new price target

First Merchants upgraded by Janney with a new price target

Raymond James reiterated coverage on First Merchants with a new price target

Raymond James reiterated coverage on First Merchants with a new price target

First Merchants upgraded by Raymond James

First Merchants Corporation Financials

First Merchants Corporation Announces Cash Dividend

First Merchants Corporation Announces Second Quarter 2025 Earnings Per Share

First Merchants Corporation Announces Cash Dividend on Its Preferred Stock

First Merchants Corporation to Report Second Quarter 2025 Financial Results, Host Conference Call and Webcast

First Merchants Corporation Announces Changed Ex-Dividend Date for Previously Announced Dividend

First Merchants Corporation Announces Cash Dividend

First Merchants Corporation Announces First Quarter 2025 Earnings Per Share

First Merchants Corporation Announces Cash Dividend on its Preferred Stock

First Merchants Corporation to Report First Quarter 2025 Financial Results, Host Conference Call and Webcast

First Merchants Corporation Announces Cash Dividend

First Merchants Corporation Leadership Updates

First Merchants Corporation Announces Retirement of Board Chair Charles E. Schalliol and Appointment of New Board Chair Jean L. Wojtowicz

FIRST MERCHANTS CORPORATION APPOINTS DR. MUNG CHIANG TO ITS BOARDS OF DIRECTORS

First Merchants Corporation Appoints Dr. Mung Chiang to Its Boards of Directors

First Merchants Corporation Large Ownership Changes

SEC Form SC 13G/A filed by First Merchants Corporation (Amendment)

SEC Form SC 13G/A filed by First Merchants Corporation (Amendment)

SEC Form SC 13G/A filed by First Merchants Corporation (Amendment)

SEC Form SC 13G/A filed by First Merchants Corporation (Amendment)

SEC Form SC 13G/A filed by First Merchants Corporation (Amendment)

SEC Form SC 13G/A filed by First Merchants Corporation (Amendment)

SEC Form SC 13G/A filed by First Merchants Corporation (Amendment)

SEC Form SC 13G filed