FRME

FIRST MERCHANTS CORP FRME

NasdaqMid CapFinancials

13F Pro quality score

Rank #1,647 of 2,925

Why it scores 50Financials peers →

Rankings refresh quarterly once 80% of peers have filed. Next update: ~Nov 14, 2026.

Revenue

$196.10M

Quarter to Jun 30

Net income

$43.98M

Quarter to Jun 30

Operating margin

24.3%

Quarter to Jun 30

Top Institutional Holders

as of Q2 2026
$2.03B total
BlackRock, Inc.
$232.64M+8.7%
DIMENSIONAL FUND ADVISORS LP
$161.21M+2.6%
VANGUARD PORTFOLIO MANAGEMENT LLC
$148.67M+1.3%
VANGUARD CAPITAL MANAGEMENT LLC
$118.87M-0.4%
STATE STREET CORP
$111.47M+13.9%
EARNEST PARTNERS LLC
$94.98M-3.6%
GEODE CAPITAL MANAGEMENT, LLC
$73.02M+6.2%
Nuveen, LLC
$46.26M+1.5%
VICTORY CAPITAL MANAGEMENT INC
$45.56M+4.8%
SYSTEMATIC FINANCIAL MANAGEMENT LP
$37.15M-1.3%
FIRST TRUST ADVISORS LP
$33.91M+7.0%
CHARLES SCHWAB INVESTMENT MANAGEMENT INC
$31.10M-1.0%
FJ Capital Management LLC
$31.08M0.0%
GOLDMAN SACHS GROUP INC
$30.45M-38.7%
WELLINGTON MANAGEMENT GROUP LLP
$30.44M-30.8%
PL Capital Advisors, LLC
$29.99M0.0%
NORTHERN TRUST CORP
$29.88M+4.7%
Qube Research & Technologies Ltd
$28.35M-0.2%
JPMORGAN CHASE & CO
$27.90M+20.7%
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC
$27.19M-21.2%
AQR CAPITAL MANAGEMENT LLC
$24.75M+39.9%
PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO
$23.87M0.0%
FIRST MERCHANTS CORP
$22.81M-0.6%
TWO SIGMA INVESTMENTS, LP
$20.55M+16.0%
MANUFACTURERS LIFE INSURANCE COMPANY, THE
$18.89M-0.2%
See all 308 institutional holders →
Reading the latest SEC filing…

Key Metrics

Revenue

Q2 2026
EDGAR

Net Income

Q2 2026
EDGAR

EPS (Diluted)

Q2 2026
EDGAR

Operating Margin

Q2 2026
EDGAR

ROIC

Q2 2026
EDGAR

Debt/Equity

Q2 2026
EDGAR

Financial Trends

Revenue & Net Income

13fpro.ai/company/FRME

Earnings Per Share

13fpro.ai/company/FRME

Loading ratio trend…

FRME key financials by period

Reported revenue, net income and operating margin by fiscal year, from FIRST MERCHANTS CORP's annual filings on SEC EDGAR.

FIRST MERCHANTS CORP reported revenue, net income and margins by fiscal period, from SEC filings.
PeriodRevenueNet incomeOp. margin
FY 2025$662.9M$226.0M39.1%
FY 2024$646.7M$201.4M35.8%
FY 2023$651.0M$223.8M39.8%
FY 2022$628.1M$222.1M40.7%
FY 2021$520.0M$205.5M46.3%
FY 2020$492.1M$148.6M34.5%
Source: FRME filings on SEC EDGAR →

Companies similar to FRME

Ranked by quality-factor profile and overlapping institutional ownership, from the latest 13F filings and SEC financials.

FRME insiders

Officers, directors and 10% owners with a Form 4 filed in the last 24 months, most recent first. From SEC EDGAR.

About FIRST MERCHANTS CORP (FRME): stock profile, AI score and financials

FIRST MERCHANTS CORP (FRME) stock profile, AI quality score, and SEC EDGAR financial data, a Financials sector company. 13F Pro's AI-powered ranking engine scores FRME at 49.9/100 on a composite quality score built from its SEC filings, placing it at rank #1,647 of 2,925 stocks — the bottom half of the AI-ranked universe. FRME scores in the top quartile across free cash flow (93.8), profitability (81.1). Areas of concern include institutional flow (37.3), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), FIRST MERCHANTS CORP reports quarterly revenue of $196.1M, net income of $44.0M, an operating margin of 24.3%. Top institutional holders of FRME by reported 13-F value include BlackRock, DIMENSIONAL FUND ADVISORS, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. FRME trades on the Nasdaq exchange and files with the SEC under CIK 712534. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate FRME daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for FIRST MERCHANTS CORP directly from SEC EDGAR.

Financials through the period ended SEC EDGAR: CIK 712534 →