First Merchants Stock (NASDAQ:FRME)
Previous Close
$37.39
52W Range
$33.13 - $43.22
50D Avg
$39.45
200D Avg
$38.56
Market Cap
$2.34B
Avg Vol (3M)
$376.20K
Beta
0.91
Div Yield
$1.44 (3.90%)
FRME Company Profile
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, as well as public finance. 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 109 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.
FRME Performance
Revenue Breakdown
Revenue Breakdown by Product/Service
| Product/Service | Dec 25 | Dec 24 | Dec 23 |
|---|---|---|---|
| Fiduciary and Trust | $35.49M | $34.22M | $30.84M |
| Financial Service, Other | $1.54M | $1.55M | $1.88M |
| Credit Card | $19.79M | $19.32M | $18.86M |
| Deposit Account | $34.26M | $32.61M | $30.84M |
| Derivative Hedging | $3.38M | $3.08M | $3.38M |
Fiscal year ends in Dec 25 | Currency in USD