What one share of First Merchants holds
First Merchants Corporation (the “Corporation”) is a financial holding company headquartered in Muncie, Indiana and was organized in September 1982. The Corporation’s common stock is traded on the Nasdaq Global Select Market System under the symbol FRME.
First Merchants’s numbers from its SEC filings, divided by its shares. Results cover the last 12 months to 2026-03-31; the balance sheet is as of 2026-03-31.
| Sales | $11.30 |
|---|---|
| Profit | $3.37 |
| Dividends | $1.44 |
| Cash and investments | $1.57 |
| Debt | $26.32 |
| Book value | $42.76 |
Per share by fiscal year
| Year | Sales | Profit | Capex | Free cash | Dividends | Book value |
|---|---|---|---|---|---|---|
| 2009 | $9.70 | −$2.17 | — | — | — | $22.00 |
| 2010 | $7.80 | $0.48 | — | — | $0.04 | $17.77 |
| 2011 | $7.21 | $0.34 | — | — | $0.04 | $18.01 |
| 2012 | $7.51 | $1.41 | — | — | $0.10 | $19.25 |
| 2013 | $7.01 | $1.40 | — | — | $0.18 | $17.67 |
| 2014 | $6.81 | $1.65 | — | — | $0.29 | $19.29 |
| 2015 | $6.99 | $1.72 | — | — | $0.41 | $20.91 |
| 2016 | $7.11 | $1.98 | — | — | $0.54 | $22.04 |
| 2017 | $7.67 | $2.12 | — | — | $0.69 | $26.51 |
| 2018 | $8.40 | $3.22 | — | — | $0.84 | $28.53 |
| 2019 | $8.60 | $3.19 | — | — | $1.00 | $32.26 |
| 2020 | $9.08 | $2.74 | — | — | $1.04 | $34.78 |
| 2021 | $9.63 | $3.81 | — | — | $1.13 | $35.81 |
| 2022 | $10.84 | $3.81 | — | — | $1.25 | $34.39 |
| 2023 | $10.94 | $3.73 | — | — | $1.34 | $37.82 |
| 2024 | $11.05 | $3.41 | — | — | $1.39 | $39.76 |
| 2025 | $11.48 | $3.88 | — | — | $1.43 | $43.31 |
Common questions about First Merchants
How much does one share of First Merchants earn?
Over the last 12 months, each share of First Merchants earned $3.37 of profit on $11.30 of sales, keeping about 30¢ of every $1 (profit margin).
Does First Merchants pay a dividend?
Yes. First Merchants paid $1.44 per share in dividends over the last 12 months, and it paid a dividend in every year from 2010 to 2025 in StockSlicer’s data. That’s about 43¢ of each $1 of profit (payout ratio).
What is First Merchants’s book value per share?
First Merchants’s book value is $42.76 per share: what would be left for each share if it sold everything at the values on its books and paid every debt, as of March 31, 2026.
How much cash and debt does each share of First Merchants have?
Each share of First Merchants has $1.57 of cash and investments and $26.32 of debt, as of March 31, 2026.
Has First Merchants bought back shares?
First Merchants’s share count rose about 174% from 2009 to 2025. That dilution means each share owns a smaller slice of the company.
From its SEC filings. For education only, not investment advice. New to these words? See the StockSlicer glossary.