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First Merchants Corporation (FRME) is a financial services company in the US central and western banking institutions industry, based in Muncie, United States, with about 2,086 full-time employees.
It reported revenue of $662.95 million for fiscal year 2025, up 5.8% from fiscal year 2024, and net income of $224.13 million. Its market capitalization was $2.45 billion as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of October 9, 2026.
First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides commercial and consumer banking services.
First Merchants reported $662.95 million in revenue for fiscal year 2025, up 5.8% from $626.71 million in fiscal year 2024.
$2.45 billion as of October 9, 2026.
Listed companies of a similar size in the same industry (US central and western banking institutions) include Banc of California, Inc. (BANC), Bank of Hawaii Corporation (BOH), Park National Corporation (PRK), First Busey Corporation (BUSE).