Financials · Nasdaq · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
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 47.9/100 on a 32-signal composite quality model, placing it at rank #1,754 of 2,961 stocks — the bottom half of the AI-ranked universe. FRME scores in the top quartile across free cash flow (92.1), profitability (87.0). Areas of concern include revenue growth (30.7) and institutional flow (34.7), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q1 2026), FIRST MERCHANTS CORP reports quarterly revenue of $157.1M, net income of $28.2M. 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.
AI Quality Score
47.9/100
AI Rank
#1,754
Revenue
$157.1M
Net Income
$28.2M
| Period | Form | Revenue | Net income | Operating margin |
|---|---|---|---|---|
| FY 2025 | 10-K | $662.9M | $226.0M | 39.1% |
| FY 2024 | 10-K | $646.7M | $201.4M | 35.8% |
| FY 2023 | 10-K | $651.0M | $223.8M | 39.8% |
| FY 2022 | 10-K | $628.1M | $222.1M | 40.7% |
| FY 2021 | 10-K | $520.0M | $205.5M | 46.3% |
| FY 2020 | 10-K | $492.1M | $148.6M | 34.5% |
| Institution | Shares | Value | Reported |
|---|---|---|---|
| BlackRock | 5,324,728 | $232.6M | 2026-06-30 |
| DIMENSIONAL FUND ADVISORS | 3,689,776 | $161.2M | 2026-06-30 |
| VANGUARD PORTFOLIO MANAGEMENT | 3,402,832 | $148.7M | 2026-06-30 |
| VANGUARD CAPITAL MANAGEMENT | 2,720,680 | $118.9M | 2026-06-30 |
| STATE STREET | 2,551,308 | $111.5M | 2026-06-30 |
| EARNEST PARTNERS | 2,174,024 | $95.0M | 2026-06-30 |
| GEODE CAPITAL MANAGEMENT | 1,670,991 | $73.0M | 2026-06-30 |
| Nuveen | 1,058,876 | $46.3M | 2026-06-30 |
| VICTORY CAPITAL MANAGEMENT | 1,042,728 | $45.6M | 2026-06-30 |
| SYSTEMATIC FINANCIAL MANAGEMENT | 850,405 | $37.2M | 2026-06-30 |
13F Pro Quality Score
Rank #1,754 of 2,961 stocks
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.
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