Stock of the Day

First Merchants (FRME)

$44.35

+$0.25 (+0.6%)

Market Cap: $2.60B

About First Merchants

First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. The company offers a range of financial services, including time, savings, and demand deposits; and consumer, commercial, agri-business, public finance, and real estate mortgage loans.

It also provides personal and corporate trust; brokerage and private wealth management; and letters of credit, repurchase agreements, and other corporate services. The company operates banking locations in Indiana, Illinois, Ohio, and Michigan counties. It also offers its services through electronic and mobile delivery channels. First Merchants Corporation was founded in 1893 and is headquartered in Muncie, Indiana.

Recent News

• First Merchants price target raised to $50 from $42 at Raymond James (markets.businessinsider.com)
• Earnings call transcript: First Merchants Q4 2024 sees EPS beat and stock rise (msn.com)
• 4 Analysts Have This To Say About First Merchants (benzinga.com)
• Raymond James Remains a Buy on First Merchants (FRME) (markets.businessinsider.com)
• First Merchants Corporation (NASDAQ:FRME) Q4 2024 Earnings Call Transcript (msn.com)
• Insights into First Merchants Q4 Earnings (benzinga.com)
• First Merchants Corp (FRME) Q4 2024 Earnings Call Highlights: Strong Loan Growth and Strategic ... (gurufocus.com)
• Q4 2024 First Merchants Corp Earnings Call Transcript (gurufocus.com)
• First Merchants Corp Q4 Profit Increases, Beats Estimates (markets.businessinsider.com)
• First Merchants targets mid-to-high single-digit loan growth in 2025 amid enhanced technology investments (msn.com)