Bilaal.Raja
Company record

FRME  FIRST MERCHANTS CORP

Trailing twelve months to 2026-03-31, as filed 2026-05-01 and not restated since.
Financials

Scale

Market cap
$2.5bn
Revenue TTM
$660m
Net income TTM
$199m
Free cash flow
—
Composite score
39.3
Sector rank
#1453

Valuation

P / E
12.7
EV / EBITDA
—
EV / sales
3.8
FCF yield
—
Yield vs 10-yr
2.60pp

Earnings yield vs 10-yr compares what the business earns per pound invested against the 5.28% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.

Quality and growth

Net margin
30.1%
EBITDA margin
—
ROE
7.4%
ROIC
—
Revenue growth
1.0%

Insider activity, last 90 days

Net open-market
$-0.18m
Buyers
0
Sellers
1

Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.

What management said

The Corporation reported second quarter 2026 net income available to common stockholders and diluted earnings per common share of $43.5 million and $0.70 per diluted share, respectively, compared to $56.4 million and $0.98 per diluted share, respectively, during the second quarter of 2025. The Corporation reported net income available to common stockholders and diluted earnings per common share of $71.2 million and $1.15 per diluted share, respectively, for the six months ended June 30, 2026 compared to $111.2 million and $1.92 per diluted share, respectively, for the six months ended June 30, 2025. …FIRST MERCHANTS CORP, 10-Q, period ended 2026-06-30, filed 2026-07-31

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