FRMEFirst Merchants Corporation
+1.5% today · +19.4% over a year
7/10 A 1–10 summary of how an instrument compares with similar ones (same sector and region) by published rules. It describes today's data; it is not a price forecast. More in the glossary → «Balanced» — higher than 58% of the instruments we score
Stability, Dividend safety: among the best of its peers; Quality: among the weakest; priced lower than most peers. Dividend yield 3.52%.
First Merchants Corporation (FRME) belongs to the Financials sector and is listed on Nasdaq; country: United States. Its market value is about €2.3B. Over the past 12 months the price changed by +19.4%, with an annualised volatility of 22% and a largest fall of 14%. The dividend has not been lowered for 15 years.
Smart Score
How it is scored →The Smart Score (1–10) describes how this instrument compares with its peers on published, rules-based measures of value, quality, trend, stability and dividend safety. It is not a forecast and not personal advice.
Compared with: Financials companies in USA (n = 371)
Current rating first published: · last recomputed · rating log
Factor scores
Percentiles within the peer group (100 = the best of its peers); dividend safety in points.
Main drivers
- Share issuance (1 y)weighs on the score · better than 16% of peers
- Book value + dividends growth (5 y)weighs on the score · better than 29% of peers
- ROE volatility (5 y)supports the score · better than 95% of peers
Red flags and notes
- Sources disagree Dividend or fundamental sources disagree beyond tolerance.
Our sources disagree or are incomplete for this instrument.
Price chart
Interactive chart by TradingView: exchange prices are delayed, crypto and currencies are live.
Key metrics
Valuation
- P/E
- 13.3
- P/B
- 1.0
- P/S
- 2.6
- Market cap (EUR)
- €2.3B
Profitability and debt
- Return on equity
- 7.8%
Dividends
- Dividend yield
- 3.52%
- Payout ratio
- 45%
- 5-year dividend growth (per year)
- 5.8%
- Years without a lower dividend
- 15
Returns and risk
- 1 day
- +1.5%
- 1 month
- +6.2%
- 1 year
- +19.4%
- Volatility, 1 yr
- 22.1%
- Max drawdown, 1 yr
- −13.6%
- Beta
- 0.75
Ratios from SEC filings and end-of-day prices; returns are price changes without dividends.
Similar companies
Same sector and region, closest in market value.
| EEFTEuronet Worldwide Inc | 4/10 | 0.0% | −1.9% |
|---|---|---|---|
| TRMKTrustmark Corporation | 9/10 | 2.2% | 21.9% |
| BANRBanner Corporation | 6/10 | 2.9% | 19.1% |
| BBTBeacon Financial Corporation | 6/10 | 4.2% | 22.8% |
| SKWDSkyward Specialty Insurance Group Inc. | 6/10 | 0.0% | 25.9% |
| BHFBrighthouse Financial | 3/10 | 0.0% | −33.4% |
| SYBTStock Yards Bancorp Inc. | 7/10 | 1.6% | 23.3% |
| FBKFB Financial Corporation | 4/10 | 1.1% | 1.5% |
News and filings
- FIRST MERCHANTS CORP: 10-Q — Quarterly report for the period ending 30 Sep 2026
A filing (SEC EDGAR) or an exchange notice (Moscow Exchange): the issuer's or the exchange's own statement.SEC EDGAR · Filing · 30 Oct 2026
- FIRST MERCHANTS CORP: 8-K — Results of operations
A filing (SEC EDGAR) or an exchange notice (Moscow Exchange): the issuer's or the exchange's own statement.SEC EDGAR · Filing · 21 Oct 2026
- FIRST MERCHANTS CORP: 8-K — Other events
A filing (SEC EDGAR) or an exchange notice (Moscow Exchange): the issuer's or the exchange's own statement.SEC EDGAR · Filing · 15 Oct 2026
- FIRST MERCHANTS CORP: 8-K — Director or officer change; other events
A filing (SEC EDGAR) or an exchange notice (Moscow Exchange): the issuer's or the exchange's own statement.SEC EDGAR · Filing · 1 Oct 2026
- FIRST MERCHANTS CORP: 8-K — Material agreement; new financial obligation
A filing (SEC EDGAR) or an exchange notice (Moscow Exchange): the issuer's or the exchange's own statement.SEC EDGAR · Filing · 25 Sep 2026
- FIRST MERCHANTS CORP: 8-K — Material agreement; other events
A filing (SEC EDGAR) or an exchange notice (Moscow Exchange): the issuer's or the exchange's own statement.SEC EDGAR · Filing · 23 Sep 2026
- FIRST MERCHANTS CORP: 8-K — Other events
A filing (SEC EDGAR) or an exchange notice (Moscow Exchange): the issuer's or the exchange's own statement.SEC EDGAR · Filing · 14 Aug 2026
What the marks mean
- FactA filing (SEC EDGAR) or an exchange notice (Moscow Exchange): the issuer's or the exchange's own statement.
- Media reportA headline from a named media outlet. We link to it and do not check it.
- RumourUnconfirmed: the headline itself hedges (“reportedly”, “sources say”, “in talks”), names no publisher, or comes from a news aggregator or an automated republisher.
Source: Filings: U.S. SEC EDGAR. The tone is scored automatically from the headline and can be wrong.
Score changes in the last 12 months
Every published rating and change, logged when it was published (EU Market Abuse Regulation).
Show the log: 15 entries
| Date | Event | Balanced | Growth · Income | Warnings | Price at publication |
|---|---|---|---|---|---|
| Rating change | 8 → 7/10 | 5 · 9 | — | Available with Invest Pro | |
| Rating change | 7 → 8/10 | 6 · 9 | — | Available with Invest Pro | |
| Rating change | 8 → 7/10 | 6 · 8 | — | Available with Invest Pro | |
| Rating change | 7 → 8/10 | 6 · 8 | — | Available with Invest Pro | |
| Rating change | 7/10 | 6 · 8 | — | Available with Invest Pro | |
| Rating change | 7/10 | 6 · 7 | — | Available with Invest Pro | |
| Rating change | 7/10 | 6 · 8 | — | Available with Invest Pro | |
| Rating change | 7/10 | 6 · 7 | — | Available with Invest Pro | |
| Rating change | 7/10 | 6 · 8 | — | Available with Invest Pro | |
| Rating change | 8 → 7/10 | 6 · 7 | — | Available with Invest Pro | |
| Rating change | 7 → 8/10 | 6 · 8 | — | Available with Invest Pro | |
| Rating change | 8 → 7/10 | 6 · 8 | — | Available with Invest Pro | |
| Rating change | 7 → 8/10 | 7 · 8 | — | Available with Invest Pro | |
| Rating change | 6 → 7/10 | 6 · 8 | — | Available with Invest Pro | |
| First rating | 6/10 | 6 · 6 | — | Available with Invest Pro |
Ratings are rules-based descriptions, valid until the next scoring run (about 06:20 and 21:50 UTC) and the same for every visitor.
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