First Merchants Corporation
First Merchants Corporation (Nasdaq: FRME) is a financial holding company whose principal business is community banking through First Merchants Bank. The bank serves commercial and consumer customers with lending, deposit and treasury management services, residential mortgage solutions, and electronic and mobile… From the company’s description.
Over the twelve months to Sep 30, 2026, First Merchants Corporation reported revenue of $724.47M, up 8.5% from a year earlier, and net income of $197.52M. Its pre-tax margin was 30.3%. In fiscal 2025, it reported revenue of $662.95M, up 2.5% from fiscal 2024, and net income of $226.00M.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What First Merchants Corporation does
In the company’s own words
First Merchants Corporation (Nasdaq: FRME) is a financial holding company whose principal business is community banking through First Merchants Bank. The bank serves commercial and consumer customers with lending, deposit and treasury management services, residential mortgage solutions, and electronic and mobile banking. First Merchants Private Wealth Advisors, a division of the bank, provides investment management, private banking, fiduciary, estate and financial planning services. The company operates as one reportable business segment, community banking, and its branch network spans Indiana, Ohio and Michigan. On February 1, 2026, it completed the acquisition of First Savings Financial Group, adding 16 banking centers in southern Indiana. At December 31, 2025, First Merchants had $19.0 billion in consolidated assets, $15.3 billion in deposits and 2,086 full-time equivalent employees; its 111 banking locations reflect the network before the acquisition. The company was organized in 1982, and its bank traces its origins to 1893. Its website is https://www.firstmerchants.com.
Company details
- Sector
- Financials
- Industry (SIC)
- Commercial Banks
- Headquarters
- MUNCIE, IN
- Fiscal year end
- December
- CIK
- 712534
- SIC
- 6021
Financial performance, year by year
Fiscal 2011–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns First Merchants Corporation — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · First Merchants Corporation’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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