Company
First Merchants Corporation
Headquarters: Muncie, IN, United States
Founded: 1892
Employees: 1,821
CEO: Mr. Mark K. Hardwick
Market Cap
$2.17 Billion
USD as of Jan. 1, 2024
First Merchants Corporation Categories
United States Financials Banks—RegionalUnited States Financials United States Banks—Regional
Top Competitors by Market Capitalization
Industry: Banks—Regional
| Company | Market Cap (USD) |
|---|---|
| HDFC Bank | $167.72 B |
| China Merchants Bank | $98.57 B |
| Al Rajhi Banking and Investment Corp | $93.33 B |
| ICICI Bank Limited | $83.47 B |
| BNP Paribas SA | $80.01 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Berkshire Hathaway | $797.77 B |
| Visa | $530.20 B |
| JPMorgan | $495.55 B |
| Mastercard | $392.71 B |
| Bank of America | $267.48 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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Stocks & Indices
First Merchants Corporation has the following listings and related stock indices.
Stock: NASDAQ: FRME wb_incandescent
Stock: XSTU: FM5 wb_incandescent
Product & Services
Banking, Trust
Key People
Mark Hardwick, CEO
Financials
Total assets: $15.5 billion USD (2021)