First Merchants Corporation Company Profile & Data: stocks, market cap, financials, digital and more

                        
Company
First Merchants CorporationHeadquarters: Muncie, 
                        IN, United States
                    
Founded: 1892
Employees: 1,821
CEO: Mr. Mark K. Hardwick

                                    NASDAQ: FRME
                                
                                            +0.20%
                                            
Market Cap$2.35 Billion

                        USD as of Jan. 1, 2025
                    
                            Market Cap History

First Merchants Corporation Categories

United States Financials Banks—Regional
United States Financials United States Banks—Regional

First Merchants Corporation market capitalization over time

Evolution of First Merchants Corporation market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of First Merchants Corporation

Top Competitors by Market Capitalization

Industry: Banks—Regional

Company	Market Cap (USD)
HDFC Bank	$150.31 B
China Merchants Bank	$138.25 B
Al Rajhi Banking and Investment Corp	$98.81 B
ICICI Bank Limited	$98.12 B
DBS Group Holdings Ltd	$91.35 B

Sector:

Company	Market Cap (USD)
Berkshire Hathaway	$991.39 B
JPMorgan	$744.02 B
Visa	$635.57 B
Mastercard	$490.32 B
Bank of America	$353.07 B

Detailed Description

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.

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Financials

Last Financial Reports Date	Sept. 30, 2024
Revenue TTM	$593.1 M
EBITDA	$0
Gross Profit TTM	$593.1 M
Profit Margin	30.27%
Operating Margin	41.58%
Quarterly Revenue Growth	-5.20%