FRME

In the past six months, First Merchants Corp.'s stock price increased by 11.19%. In September 2026, Stephens upgraded FRME to a 'hold' rating, and the company priced a $100 million offering of 6.750% Fixed-to-Floating Rate Subordinated Notes due 2036. In August 2026, Weiss Ratings upgraded shares of First Merchants from 'hold (c+)' to 'buy (b)', and the company declared a cash dividend of $0.37 per common share. In July 2026, First Merchants Corporation announced its Second Quarter 2026 results, reporting $0.74 earnings per share, missing analysts' consensus estimates, and also announced a cash dividend on its preferred stock. In June 2026, Piper Sandler raised their target price on First Merchants from $49.00 to $51.00 and issued an 'overweight' rating. In February 2026, First Merchants completed its merger with First Savings Financial Group, Inc., adding $2.4 billion in assets and 16 banking centers.