Type
|
Public |
---|---|
Traded as | NASDAQ: FRME |
Founded | 1982 (First Merchants Corporation) |
Headquarters | Muncie, Indiana, United States |
Key people
|
Michael Rechin, President & CEO |
Products | Banking, Trust |
Total assets | $6.8 billion USD (2015) |
Number of employees
|
1,400 (2013) |
Website | https://www.firstmerchants.com |
First Merchants Corporation (Nasdaq: FRME) is the largest financial holding company based in Central Indiana. Since its organization in 1982, the Corporation has grown to include banks with more than 100 locations in 27 Indiana, 2 Ohio, and 2 Illinois counties, and a wealth management company. As of December 31, 2015, total asset size of First Merchants Corporation was $6.8 billion. Bank divisions within the corporation include:
First Merchants Bank was originally known as the Merchants National Bank of Muncie, Indiana, and it was organized during the Panic of 1893 by a group of service-minded businessmen who recognized a need in their community and acted to fulfill that need. Spearheaded by Hardin Roads, a former successful wholesale grocer, the enterprising men invested capital of $100,000. This was the only time it was necessary to raise capital through outside sources.
Official website
Period | Date | Adjusted Actuals EPS | GAAP EPS |
---|---|---|---|
Q3 2022 | 2022-10-24 | Future report Set alerts | |
Q2 2022 | 2022-07-26 | 1.06 | 1.06 |
Q1 2022 | 2022-04-26 | 0.91 | 0.91 |
Q4 2021 | 2022-01-27 | 0.89 | 0.89 |
Q3 2021 | 2021-10-26 | 0.98 | 0.98 |
Q2 2021 | 2021-07-26 | 1.03 | 1.03 |
Q1 2021 | 2021-04-22 | 0.91 | 0.91 |
Q4 2020 | 2021-01-28 | 0.83 | 0.83 |
Q3 2020 | 2020-10-28 | 0.00 | 0.00 |
Q2 2020 | 2020-07-23 | 0.62 | 0.62 |
2016-07-11 | Initiated Coverage | Piper Jaffray Cos. | Neutral | $27.00 |
2016-01-29 | Lower Price Target | Keefe, Bruyette & Woods | $28.50 to $27.50 | |
2016-01-29 | Upgrade | Stephens | Equal Weight to Overweight | |
2015-12-16 | Initiated Coverage | SunTrust | Neutral | $27.00 |
2015-12-16 | Initiated Coverage | SunTrust Banks Inc. | Neutral | $27.00 |
2015-10-02 | Initiated Coverage | Stephens | Equal Weight | |
2015-04-28 | Downgrade | FIG Partners | Outperform to Market Perform | |
2015-04-24 | Downgrade | Sandler O'Neill | Buy to Hold | |
2014-06-03 | Upgrade | FIG Partners | Market Perform to Outperform | $23.50 |
2014-04-28 | Upgrade | DA Davidson | Buy | |
2014-04-25 | Upgrade | DA Davidson | Neutral to Buy | $23.00 to $25.00 |
2014-01-06 | Downgrade | DA Davidson | Buy to Neutral | |
2013-09-25 | Initiated Coverage | DA Davidson | Buy | $22.00 |
2011-04-29 | Upgrade | Stifel Nicolaus | Hold to Buy | $11 |
2010-09-29 | Initiated | Stifel Nicolaus | Hold |
2016-07-11 | Initiated Coverage | Piper Jaffray Cos. | Neutral | $27.00 |
2016-01-29 | Lower Price Target | Keefe, Bruyette & Woods | $28.50 to $27.50 | |
2016-01-29 | Upgrade | Stephens | Equal Weight to Overweight | |
2015-12-16 | Initiated Coverage | SunTrust | Neutral | $27.00 |
2015-12-16 | Initiated Coverage | SunTrust Banks Inc. | Neutral | $27.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In FRME 166 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
Vanguard Group, Inc | 6.26M |
BlackRock Inc. | 4.00M |
DIMENSIONAL FUND ADVISORS LP | 2.80M |
EARNEST PARTNERS LLC | 2.59M |
CARDINAL CAPITAL MANAGEMENT LLC /CT | 2.36M |
STATE STREET CORP | 1.60M |
BlackRock Fund Advisors | 1.23M |
BlackRock Institutional Trust Company, N.A. | 1.20M |
GEODE CAPITAL MANAGEMENT, LLC | 1.07M |
PRINCIPAL FINANCIAL GROUP INC | 1.04M |
GOLDMAN SACHS GROUP INC | 1.03M |
MANUFACTURERS LIFE INSURANCE COMPANY, THE | 0.93M |
VICTORY CAPITAL MANAGEMENT INC | 0.93M |
DEPRINCE RACE & ZOLLO INC | 0.89M |
Boston Partners | 0.80M |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
RECHIN MICHAEL C Chief Executive Officer | 0.29% (105651) | FRME / |
HARDWICK MARK K Chief Financial Officer | 0.18% (64354) | FRME / |
Stewart Michael J Chief Banking Officer | 0.15% (53603) | FRME / |
Schalliol Charles E | 0.14% (51715) | FRME / HCCI / |
WALKER TERRY L | 0.14% (50793) | FRME / |
Lehman Gary | 0.11% (37995) | FRME / |
Sherman Patrick A | 0.10% (36129) | FRME / |
Marhenke Michael C | 0.09% (33950) | FRME / |
MARTIN JOHN Chief Credit Officer | 0.08% (27305) | FRME / |
WOJTOWICZ JEAN L | 0.07% (26149) | FRME / INBK / VVC / |
HOY WILLIAM L | 0.07% (26135) | FRME / |
ELLINGTON KIMBERLY J Director Human Resources | 0.05% (16925) | FRME / |
CONNORS ROBERT R Chief Information Officer | 0.04% (15829) | FRME / |
LORENTSON JEFFREY B Chief Risk Officer | 0.04% (15022) | FRME / |
GORA JO ANN M | 0.03% (12272) | FRME / |
FLUHLER STEPHAN Chief Information Officer | 0.03% (11468) | FRME / |
Becher Michael R | 0.03% (11065) | FRME / |
Halderman Howard | 0.03% (9701) | FRME / |
ENGLISH RODERICK | 0.02% (8854) | FRME / |
Kawiecki Michele DIRECTOR OF FINANCE | 0.01% (5065) | FRME / |