First Merchants Corporation Depository Shares (FRMEP) Live Share Price, Invest From India

First Merchants Corporation Depository Shares Stock Performance

as on August 15, 2026 at 2:15 pm IST

Day's Low
Day's High
$25.58
Day's Price Range
$25.58
$25.46
-0.47%
Downside
0.47%
Upside
52 Week's Low
52 Week's High
52-Week Price Range
$25.46
100.00%
Downside
-100.00%
Upside

First Merchants Corporation Depository Shares share price movements today

Previous Close: $25.20
Open: $25.58
Volume: 250.0
Day's Low - High: $25.58 - $25.58

First Merchants Corporation Depository Shares Historical Returns

1 Month Return: 0 %
3 Month Return: -0.24 %
1 Year Return: + 0.04 %
3 Year Return: + 2.65 %
5 Year Return: 0 %

First Merchants Corporation Depository Shares Stock Fundamentals & Key Indicators

Check First Merchants Corporation Depository Shares market cap, PE, PB, PEG ratios, dividend yield, and other key fundamental indicators.

Market Cap

$2.4B

EPS (TTM)

Dividend Yield

5.77%

PE Ratio (TTM)

6.71

Industry PE ratio

11.848846153846154

PEG Ratio

Return On Equity TTM

7.37%

First Merchants Corporation Depository Shares Stock Valuation

Track how First Merchants Corporation Depository Shares P/E has moved over time to understand its valuation trends.

First Merchants Corporation Depository Shares in the last 5 years

Overview
Trends

Lowest (8.40x)

June 30, 2025

Today (6.71x)

August 14, 2026

Industry (11.85x)

August 14, 2026

Highest (23.26x)

December 31, 2024

LowHigh

Today’s Price to Earnings Ratio: 6.71x

First Merchants Corporation Depository Shares vs Peer Comparison

Compare market cap, revenue, PE, and other key metrics of First Merchants Corporation Depository Shares with its industry peers.

Company	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin %	Dividend Yield %
First Merchants Corporation Depository Shares	BUY	$2.4B	NA	6.71	28.96%	5.7700000000000005%
Mizuho Financial Group Inc. (ADR)	BUY	$131.7B	271.28%	16.38	29.14%	1.76%
PNC Financial Services Group	BUY	$101.9B	34.05%	14.01	31.37%	2.67%
China Merchants Bank Co Ltd (ADR)	NA	$153.9B	NA	7.25	50.45%	9.27%
ICICI Bank Limited	BUY	$107.0B	52.27%	18.42	27.53%	0.84%

Stock Returns calculator for First Merchants Corporation Depository Shares Stock including INR - Dollar returns

The First Merchants Corporation Depository Shares 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 Impact: The bonus return you make when the US Dollar rises against the Rupee; calculated on the full amount you walk away with, not just what you invested in.

Investment Value

₹1,00,000

First Merchants Corporation Depository Shares investment value today

Current value as on today

₹1,10,470

Returns

₹10,470

(+10.47%)

Returns from First Merchants Corporation Depository Shares Stock

₹1,072 (+1.07%)

Dollar Impact

₹9,399 (+9.4%)

Analyst Recommendation on First Merchants Corporation Depository Shares Stock

Based on 11 analysts

BUY

90.91%

Buy

9.09%

Hold

0.00%

Sell

First Merchants Corporation Depository Shares Quarterly Profit & Loss

All numbers in Millions USD

	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Total Revenue	262	267	265	257	252	261	267	269	253	298
Gross Profit	151	135	150	152	156	158	161	164	151	163
Operating Income	54	43	56	76	63	65	65	65	27	48
EBITDA	57	47	60	92	71	72	73	71	36	48
Interest Expense	108	107	109	100	92	96	101	98	97	101
Depreciation	3	3	3	16	7	7	8	5	8	-
Income Before Tax	54	43	56	76	63	65	65	65	27	47
Income Tax Expense	6	4	7	12	7	8	8	8	-1	3
Net Income	47	39	49	64	55	56	56	57	28	43
Net Profit Margin	18.26%	14.91%	18.49%	25.00%	21.91%	21.77%	21.21%	21.15%	11.12%	14.76%

First Merchants Corporation Depository Shares Annual Profit & Loss

All numbers in Millions USD

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Total Revenue	318	385	484	552	558	555	712	999	1,053	1,050
Gross Profit	286	339	408	440	433	520	611	647	591	640
Operating Income	108	133	188	193	169	240	255	259	231	259
EBITDA	115	141	196	203	180	251	267	270	258	288
Interest Expense	26	37	69	108	66	35	84	348	426	388
Depreciation	-	-	8	9	11	10	8	11	26	29
Income Before Tax	108	133	188	193	169	240	255	259	231	259
Income Tax Expense	27	37	28	29	21	35	33	35	30	33
Net Income	81	96	159	164	148	205	222	223	201	226
Net Profit Margin	25.45%	24.89%	32.85%	29.79%	26.61%	36.97%	31.15%	22.39%	19.12%	21.52%

First Merchants Corporation Depository Shares Quarterly Cash Flow

All numbers in Millions USD

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Net Income	39	49	64	55	56	56	57	28	43
Operating Cash Flow	63	76	67	61	53	87	80	58	88
Investing Cash Flow	-15	-68	-251	-160	-169	-143	-300	368	-289
Financing Cash Flow	-42	-29	186	97	111	62	216	-412	190
Change in Cash	4	-20	2	-1	-4	6	-3	13	-11

First Merchants Corporation Depository Shares Annual Cash Flow

All numbers in Millions USD

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Net Income	96	159	164	148	205	222	223	201	226
Operating Cash Flow	126	180	178	204	207	268	258	266	283
Investing Cash Flow	-635	-575	-1,006	-1,552	-1,469	-446	-344	-252	-773
Financing Cash Flow	535	379	865	1,362	1,236	133	75	-38	486
Change in Cash	26	-15	37	15	-25	-44	-9	-25	-3

Insights on First Merchants Corporation Depository Shares

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 253.29M → 297.99M (in $), with an average increase of 15.0% per quarter
POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 28.15M → 43.97M (in $), with an average increase of 36.0% per quarter
POSITIVE IMPACT
Price Rise
In the last 7 days, FRMEP stock has moved up by 1.2%
NO EFFECT
Against Peers
In the last 3 years, Mizuho Financial Group, Inc. American Depositary Shares Each representing one-fifth of an Ordinary Share has given 250.6% return, outperforming this stock by 246.0%
NO EFFECT
Against Peers
In the last 1 year, Mizuho Financial Group, Inc. American Depositary Shares Each representing one-fifth of an Ordinary Share has given 62.7% return, outperforming this stock by 61.5%

About First Merchants Corporation Depository Shares

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, refinance, construction or renovation of residential properties, agricultural lending, treasury management services and depository products. It also provides personal and commercial wealth management services, 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.

Organisation	First Merchants Corporation Depository Shares
Headquarters	200 East Jackson Street, Muncie, IN, United States, 47305-2814
Industry	Banks - Regional
CEO	Mr. Mark K. Hardwick CPA
E-voting on shares	Click here to vote

Key Management of First Merchants Corporation Depository Shares

Name	Title
Mr. Michael C. Rechin	Advisor & Vice Chair
Ms. Michele M. Kawiecki	Executive VP, CFO & Principal Accounting Officer
Mr. Stephan H. Fluhler	Senior VP & Chief Information Officer
Mr. Brian T. Hunt J.D.	Secretary & Legal Counsel
Mr. Mark K. Hardwick CPA	CEO & Director
Mr. Michael J. Stewart	President
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
Ms. Nicole M. Weaver	VP & Director of Corporate Administration

FAQs

What is First Merchants Corporation Depository Shares share price today?

First Merchants Corporation Depository Shares share price today is $25.46 as on August 15, 2026 at 8:45 am IST at the close of the market. First Merchants Corporation Depository Shares share today touched a day high of $25.58 and a low of $25.58.

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

First Merchants Corporation Depository Shares share touched a 52 week high of $0.00 on January 1, 1970 and a 52 week low of $0.00 on January 1, 1970. First Merchants Corporation Depository Shares stock price today i.e. August 15, 2026 at 8:45 am IST is closed at $25.46,which is -Infinity% down from its 52 week high and Infinity% up from its 52 week low.

What is First Merchants Corporation Depository Shares's market capitalisation today?

First Merchants Corporation Depository Shares market capitalisation is $0.00T as on August 15, 2026 at 8:45 am IST.

How to invest in First Merchants Corporation Depository Shares Stock (FRMEP) 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 Corporation Depository Shares on INDmoney app. Click on Buy button. You can invest as low as $1.5 in First Merchants Corporation Depository Shares Shares that will get you 0.0589 shares as per First Merchants Corporation Depository Shares share price of $25.46 per share as on August 15, 2026 at 8:45 am IST.

What is the minimum amount required to buy First Merchants Corporation Depository Shares Stock (FRMEP) from India?

Indian investors can start investing in First Merchants Corporation Depository Shares (FRMEP) shares with as little as ₹95.43 or $1 (as of August 17, 2026 at 12:43 am IST) using the INDmoney app.
For example: If you want to invest $10 or ₹954.30 in First Merchants Corporation Depository Shares stock (as per the Rupee-Dollar exchange rate as on August 17, 2026 at 12:43 am IST). Based on First Merchants Corporation Depository Shares share’s latest price of $25.46 as on August 15, 2026 at 8:45 am IST, you will get 0.3928 shares of First Merchants Corporation Depository Shares. Learn more about fractional shares .