FRME

First Merchants Corporation

Financial Services
Banks - Regional
$2.58B market cap

Forecast run · Sep 14, 2026Upside rank 2837 of 3,136

Model Signal

ForecastQ Daily Probabilities

8.5%

15.1%

2.5%

Analyst Consensus

Recommendation2.17/5 Buy

Last price$41.11

Price target$47.00

Implied move+14.3%

Analysts12

ForecastQ Portfolios

FRME is not in any ForecastQ portfolio today. The model scores it with every run; the names it picked are in Portfolios.

Company Profile

First Merchants Corporation operates as a financial holding entity, primarily conducting its business through its subsidiary, First Merchants Bank. This institution delivers a full spectrum of community banking solutions. It accepts various types of deposits, including term, savings, and checking accounts. The company also extends a wide array of lending products, such as consumer, commercial, agricultural business, and real estate mortgage loans, in addition to public finance options. Beyond standard banking, First Merchants provides personal and corporate trust services, brokerage capabilities, and private wealth management. Its corporate offerings further include letters of credit, repurchase agreements, and other specialized financial services. The company maintains a network of 109 physical banking locations situated across counties in Indiana, Illinois, Ohio, and Michigan. Furthermore, it offers convenient access to its services via electronic and mobile platforms. First Merchants Corporation was established in 1893 and is headquartered in Muncie, Indiana.