First Merchants Share Price (NASDAQ: FRME)

$41.49

▲

-0.13

(-0.31%)

Last updated on August 30, 2025 at 1:29 am IST

$₹

Check the interactive First Merchants Stock chart to analyse performance

First Merchants stock performance

as on August 30, 2025 at 1:29 am IST

Today's Low:$41.49
Today's High:$41.75
$41.49
0.0%
Downside
Day's Volatility :0.62%
Upside
0.62%
52 Weeks Low:$33.13
52 Weeks High:$46.13
$41.49
20.15%
Downside
52 Weeks Volatility :28.18%
Upside
10.06%

First Merchants Stock Returns

Period	First Merchants Corp	Sector (Financials)	Index (Russel 2000)
3 Months	11.5%	5.9%	0.0%
6 Months	-5.14%	3.5%	0.0%
1 Year	8.67%	18.0%	0.0%
3 Years	4.06%	62.1%	-4.7%

First Merchants Corp Key Stats

Check First Merchants key stats like market cap, P/E ratio, EPS, Dividend Yield, and more.

Previous Close	$41.62
Open	$41.75
Today's High	$41.75
Today's Low	$41.49
Market Capitalization	$2.4B
Today's Volume	$183.8K
52 Week High	$46.13
52 Week Low	$33.13
Revenue TTM	$638.7M
Earnings Per Share (EPS)	$3.85
PE Ratio	10.78
Dividend Yield	3.39%
Profit Margin	35.34%
Quarterly Earnings Growth YOY	0.44%
Return On Equity TTM	9.9%

Stock Returns calculator for First Merchants Stock including INR - Dollar returns

The First Merchants stock calculator helps Indian investors calculate returns based on the historical performance of the stock. Just choose your investment amount and duration to get insights and invest more confidently. See stock returns as well as the effect of dollar appreciation over different durations.

*Dollar Return is the profit earned when the US dollar rises in value compared to the Indian rupee.

Investment Value

₹1,00,000

First Merchants investment value today

Current value as on today

₹1,11,669

Returns

₹11,669

(+11.67%)

Returns from First Merchants Stock

₹6,385 (+6.38%)

Dollar Returns*

₹5,284 (+5.28%)

Indian investors sentiment towards First Merchants Stock

500%

Period: Jul 31, 2025 to Aug 30, 2025. Change in 30 Days versus previous period

Search interest for First Merchants Stock from India on INDmoney has increased by 500% in the last 30 days, reflecting an upward trend in search activity.

Global Institutional Holdings in First Merchants Corp

Name
Holdings %
Name
Holdings %
Vanguard Group Inc
10.72%
BlackRock Inc
8.29%
Dimensional Fund Advisors, Inc.
5.90%
Earnest Partners LLC
4.45%
State Street Corp
3.46%
Geode Capital Management, LLC
2.48%

Analyst Recommendation on First Merchants Stock

Rating

Trend

Buy

90%Buy

9%Hold

0%Sell

Based on 11 Wall street analysts offering stock ratings for First Merchants(by analysts ranked 0 to 5 stars)

First Merchants Share Price Target

What analysts predicted

Upside of 12.88%

Target:

$46.83

Current:

$41.49

First Merchants share price target is $46.83, a slight Upside of 12.88% compared to current price of $41.49 as per analysts' prediction.

First Merchants Stock Insights

Price Movement
In the last 1 month, FRME stock has moved up by 7.3%
Increasing Revenue
Revenue is up for the last 2 quarters, 252.56M → 261.02M (in $), with an average increase of 3.2% per quarter
Increasing Net Profit
Netprofit is up for the last 2 quarters, 55.33M → 56.83M (in $), with an average increase of 2.6% per quarter
FRME vs MFG (1 yr)
In the last 1 year, Mizuho Financial Group, Inc. has given 58.9% return, outperforming this stock by 52.5%
FRME vs NU (3 yr)
In the last 3 years, Nu Holdings Ltd. has given 187.4% return, outperforming this stock by 183.5%
Price to Sales
ForFRME every $1 of sales, investors are willing to pay $3.8, whereas for Mizuho Financial Group, Inc., the investors are paying $0.0 for every $1 of sales.

First Merchants Corp Financials

Revenue

Profit

Cash Flow

Annually

Quarterly

FY19

FY20

FY21

FY22

FY23

FY24

	FY19	Y/Y Change
Revenue	$552.1M	↑ 13.97%
Net Income	$164.5M	↑ 3.34%
Net Profit Margin	29.79%	↓ 3.06%

	FY20	Y/Y Change
Revenue	$558.4M	↑ 1.15%
Net Income	$148.6M	↓ 9.64%
Net Profit Margin	26.61%	↓ 3.18%

	FY21	Y/Y Change
Revenue	$556.0M	↓ 0.44%
Net Income	$205.5M	↑ 38.31%
Net Profit Margin	36.97%	↑ 10.36%

	FY22	Y/Y Change
Revenue	$712.9M	↑ 28.24%
Net Income	$222.1M	↑ 8.06%
Net Profit Margin	31.15%	↓ 5.82%

	FY23	Y/Y Change
Revenue	$999.5M	↑ 40.19%
Net Income	$223.8M	↑ 0.76%
Net Profit Margin	22.39%	↓ 8.76%

	FY24	Y/Y Change
Revenue	$1.1B	↑ 5.41%
Net Income	$201.4M	↓ 10.0%
Net Profit Margin	19.12%	↓ 3.27%

Q1 FY24

Q2 FY24

Q3 FY24

Q4 FY24

Q1 FY25

Q2 FY25

	Q1 FY24	Q/Q Change
Revenue	$262.5M	↓ 0.34%
Net Income	$47.9M	↑ 12.86%
Net Profit Margin	18.26%	↑ 2.13%

	Q2 FY24	Q/Q Change
Revenue	$267.7M	↑ 1.97%
Net Income	$39.9M	↓ 16.72%
Net Profit Margin	14.91%	↓ 3.35%

	Q3 FY24	Q/Q Change
Revenue	$265.9M	↓ 0.66%
Net Income	$49.2M	↑ 23.2%
Net Profit Margin	18.49%	↑ 3.58%

	Q4 FY24	Q/Q Change
Revenue	$257.4M	↓ 3.21%
Net Income	$64.3M	↑ 30.83%
Net Profit Margin	25.0%	↑ 6.51%

	Q1 FY25	Q/Q Change
Revenue	$252.6M	↓ 1.88%
Net Income	$55.3M	↓ 14.0%
Net Profit Margin	21.91%	↓ 3.09%

	Q2 FY25	Q/Q Change
Revenue	$261.0M	↑ 3.35%
Net Income	$56.8M	↑ 2.7%
Net Profit Margin	21.77%	↓ 0.14%

FY19

FY20

FY21

FY22

FY23

FY24

	FY19	Y/Y Change
Profit	$440.5M	↑ 7.95%

	FY20	Y/Y Change
Profit	$433.4M	↓ 1.63%

	FY21	Y/Y Change
Profit	$520.0M	↑ 19.99%

	FY22	Y/Y Change
Profit	$611.4M	↑ 17.57%

	FY23	Y/Y Change
Profit	$647.5M	↑ 5.91%

	FY24	Y/Y Change
Profit	$591.0M	↓ 8.72%

Q1 FY24

Q2 FY24

Q3 FY24

Q4 FY24

Q1 FY25

Q2 FY25

	Q1 FY24	Q/Q Change
Profit	$151.7M	↓ 2.13%

	Q2 FY24	Q/Q Change
Profit	$135.4M	↓ 10.74%

	Q3 FY24	Q/Q Change
Profit	$151.0M	↑ 11.5%

	Q4 FY24	Q/Q Change
Profit	$152.9M	↑ 1.29%

	Q1 FY25	Q/Q Change
Profit	$156.1M	↑ 2.09%

	Q2 FY25	Q/Q Change
Profit	$158.7M	↑ 1.66%

FY19

FY20

FY21

FY22

FY23

FY24

	FY19	Y/Y Change
Operating Cash Flow	$178.4M	↓ 1.01%
Investing Cash Flow	$-1.0B	↑ 74.85%
Financing Cash Flow	$865.9M	↑ 128.07%

	FY20	Y/Y Change
Operating Cash Flow	$204.8M	↑ 14.8%
Investing Cash Flow	$-1.6B	↑ 54.22%
Financing Cash Flow	$1.4B	↑ 57.39%

	FY21	Y/Y Change
Operating Cash Flow	$207.4M	↑ 1.26%
Investing Cash Flow	$-1.5B	↓ 5.32%
Financing Cash Flow	$1.2B	↓ 9.29%

	FY22	Y/Y Change
Operating Cash Flow	$268.0M	↑ 29.25%
Investing Cash Flow	$-446.4M	↓ 69.62%
Financing Cash Flow	$133.8M	↓ 89.17%

	FY23	Y/Y Change
Operating Cash Flow	$258.8M	↓ 3.44%
Investing Cash Flow	$-344.4M	↓ 22.85%
Financing Cash Flow	$75.6M	↓ 43.48%

	FY24	Y/Y Change
Operating Cash Flow	$266.2M	↑ 2.85%
Investing Cash Flow	$-252.4M	↓ 26.71%
Financing Cash Flow	$-38.8M	↓ 151.32%

Q1 FY24

Q2 FY24

Q3 FY24

Q4 FY24

Q1 FY25

Q2 FY25

	Q1 FY24	Q/Q Change
Operating Cash Flow	$58.8M	↓ 31.68%
Investing Cash Flow	$82.9M	↓ 132.17%
Financing Cash Flow	$-153.9M	↓ 196.77%

	Q2 FY24	Q/Q Change
Operating Cash Flow	$63.0M	↑ 7.1%
Investing Cash Flow	$-15.6M	↓ 118.81%
Financing Cash Flow	$-42.6M	↓ 72.32%

	Q3 FY24	Q/Q Change
Operating Cash Flow	$76.8M	↑ 21.9%
Investing Cash Flow	$-68.2M	↑ 337.44%
Financing Cash Flow	$-29.3M	↓ 31.18%

	Q4 FY24	Q/Q Change
Operating Cash Flow	$67.5M	↓ 12.14%
Investing Cash Flow	$-251.5M	↑ 268.94%
Financing Cash Flow	$186.9M	↓ 737.88%

	Q1 FY25	Q/Q Change
Operating Cash Flow	$61.7M	↓ 8.6%
Investing Cash Flow	$-160.4M	↓ 36.23%
Financing Cash Flow	$97.2M	↓ 47.99%

	Q2 FY25	Q/Q Change
Operating Cash Flow	$53.7M	↓ 13.01%
Investing Cash Flow	$-169.3M	↑ 5.55%
Financing Cash Flow	$111.1M	↑ 14.28%

First Merchants Technicals Summary

Sell

Neutral

Buy

First Merchants is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.

First Merchants Corp Vs Peers

Returns

Ratio's

Overview

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
First Merchants Corp	8.87%	-5.14%	8.67%	4.06%	62.24%
Nu Holdings Ltd.	21.07%	41.31%	-0.3%	201.94%	43.22%
U.s. Bancorp	8.7%	5.69%	5.35%	6.54%	33.2%
Icici Bank Ltd.	-5.79%	13.84%	7.66%	44.65%	191.82%
Pnc Financial Services Group, Inc.	9.05%	9.5%	12.46%	30.95%	85.92%
Mizuho Financial Group, Inc.	12.03%	17.2%	56.26%	191.19%	141.24%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
First Merchants Corp	10.78	10.78	2.68	3.85	0.1	0.01	0.03	40.56
Nu Holdings Ltd.	31.43	31.43	NA	0.61	0.28	0.04	NA	1.98
U.s. Bancorp	11.64	11.64	1.8	4.38	0.12	0.01	0.04	35.02
Icici Bank Ltd.	18.89	18.89	0.0	1.52	0.18	0.02	0.01	461.87
Pnc Financial Services Group, Inc.	14.19	14.19	2.27	15.53	0.11	0.01	0.03	131.61
Mizuho Financial Group, Inc.	13.9	13.9	1.33	0.0	0.08	0.0	0.03	4217.53

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
First Merchants Corp	Buy	$2.4B	62.24%	10.78	35.34%
Nu Holdings Ltd.	Buy	$71.4B	43.22%	31.43	39.32%
U.s. Bancorp	Hold	$75.7B	33.2%	11.64	27.0%
Icici Bank Ltd.	Buy	$115.4B	191.82%	18.89	25.74%
Pnc Financial Services Group, Inc.	Buy	$81.7B	85.92%	14.19	29.23%
Mizuho Financial Group, Inc.	Buy	$83.1B	141.24%	13.9	22.79%

First Merchants Dividend announcements

First Merchants Dividends September, 2025
In the quarter ending September,2025. First Merchants has declared dividend of $0.36

About First Merchants Corp

First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides commercial and consumer banking services. The company offers a range of financial services, including checking, savings, and deposit products; debit and credit cards; mortgages, home equity lending, vehicle loans, and personal loans; and local commercial lending, asset-based lending solutions, agricultural lending, commercial real estate solutions, debt capital markets, practice finance, public finance, small business administration lending, and sponsor finance services. It also provides personal and commercial wealth management services, trust services, retirement planning, brokerage, investment management, private banking, fiduciary estate, and financial planning services. The company operates banking locations in Indiana, Ohio, and Michigan counties. It offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.

Organization	First Merchants
Employees	2120
CEO	Mr. Michael C. Rechin
Industry	Finance

Key Management of First Merchants Corp

Name	Title
Mr. Michael C. Rechin	Advisor & Vice Chair
Mr. Michael J. Stewart	President
Ms. Michele M. Kawiecki	Executive VP, CFO & Principal Accounting Officer
Mr. John J. Martin	Executive VP & Chief Credit Officer
Mr. Joseph C. Peterson	Executive VP & Chief Commercial Officer
Mr. Marcos Nogues C.F.A.	Chief Investment Officer
Mr. Stephan H. Fluhler	Senior VP & Chief Information Officer
Ms. Nicole M. Weaver	VP & Director of Corporate Administration
Mr. Brian T. Hunt J.D.	Secretary & Legal Counsel
Mr. Steven C. Harris	Senior VP & Chief Human Resources Officer

Important FAQs about investing in FRME Stock from India :

What is First Merchants share price today?

First Merchants share price today is $41.49 as on August 30, 2025 at 1:29 am IST at the close of the market. First Merchants share today touched a day high of $41.75 and a low of $41.49.

What is the 52 week high and 52 week low for First Merchants share?

First Merchants share touched a 52 week high of $46.13 and a 52 week low of $33.13. First Merchants stock price today i.e. August 30, 2025 at 1:29 am IST is closed at $41.49, lower by 10.06% versus the 52 week high.

How to invest in First Merchants Stock (FRME) from India?

Step 1: Open a free US stocks account on INDmoney App and transfer your Rupees into Dollars to your INDmoney US stocks account. For a step by step instruction, check How to Transfer Money to Your US Stocks Account .
Step 2: Search for First Merchants on INDmoney app. Click on Buy button. You can invest as low as $1.5 in First Merchants Shares that will get you 0.0362 shares as per First Merchants share price of $41.49 per share as on August 30, 2025 at 1:29 am IST.

What is the minimum amount required to buy First Merchants Stock (FRME) from India?

Indian investors can start investing in First Merchants (FRME) shares with as little as ₹88.286 or $1 (as of August 31, 2025) using the INDmoney app.
For example: If you want to invest $10 or ₹882.86 in First Merchants stock (as per the Rupee-Dollar exchange rate as on August 31, 2025). Based on First Merchants share’s latest price of $41.49 as on August 30, 2025 at 1:29 am IST, you will get 0.2410 shares of First Merchants. Learn more about fractional shares .

What are the returns that First Merchants has given to Indian investors in the last 5 years?

First Merchants stock has given 62.24% share price returns and 20.51% dollar appreciation to an Indian investor in the last 5 years.
Read more about How do Currency Exchange Rates impact your returns on US Stock Investments?