First Merchants (FRME) Stock Analysis & Price (Updated Oct 16, 2026, 4:00 PM ET)
Updated Oct 16, 2026, 4:00 PM ET
FRME rises 0.3% to $39.60. Closed at $39.60, +0.30% vs the prior close of $39.48. Day range $39.48–$40.22, opened at $39.59.
FRME daily analysis — what happened
A plain-English, data-only note written after every US trading day. Newest first; older days stay archived below.
Oct 16, 2026 — FRME rises 0.3% to $39.60
- Closed at $39.60, +0.30% vs the prior close of $39.48. Day range $39.48–$40.22, opened at $39.59.
- Volume was 429.16K shares, 1.0x its 50-day average of 438.38K.
- Price is -3.6% vs its 50-day average ($41.08) and -2.5% vs its 200-day average ($40.60).
- 52-week range $34.66–$45.33; today's close sits at 46% of that range, 12.6% below the 52-week high.
Oct 15, 2026 — FRME rises 1.8% to $39.48
- Closed at $39.48, +1.81% vs the prior close of $38.78. Day range $38.85–$39.78, opened at $39.12.
- Volume was 339.80K shares, 0.8x its 50-day average of 441.27K.
- Price is -4.1% vs its 50-day average ($41.15) and -2.7% vs its 200-day average ($40.59).
- 52-week range $34.66–$45.33; today's close sits at 45% of that range, 12.9% below the 52-week high.
- SEC filings that day: 8-K.
Oct 14, 2026 — FRME dips 0.7% to $38.78, a 6-month low
- Closed at $38.78, -0.72% vs the prior close of $39.06. Day range $38.38–$38.97, opened at $38.48.
- Volume was 443.20K shares, 1.0x its 50-day average of 443.71K.
- Price is -5.9% vs its 50-day average ($41.23) and -4.4% vs its 200-day average ($40.58).
- 52-week range $34.66–$45.33; today's close sits at 39% of that range, 14.4% below the 52-week high.
Oct 13, 2026 — FRME dips 0.5% to $39.06
- Closed at $39.06, -0.48% vs the prior close of $39.25. Day range $38.78–$39.63, opened at $39.50.
- Volume was 302.00K shares, 0.7x its 50-day average of 445.37K.
- Price is -5.5% vs its 50-day average ($41.32) and -3.7% vs its 200-day average ($40.58).
- 52-week range $34.66–$45.33; today's close sits at 41% of that range, 13.8% below the 52-week high.
Oct 12, 2026 — FRME rises 0.6% to $39.25
- Closed at $39.25, +0.64% vs the prior close of $39.00. Day range $38.99–$39.48, opened at $39.07.
- Volume was 283.30K shares, 0.6x its 50-day average of 446.35K.
- Price is -5.2% vs its 50-day average ($41.41) and -3.3% vs its 200-day average ($40.58).
- 52-week range $34.66–$45.33; today's close sits at 43% of that range, 13.4% below the 52-week high.
Oct 9, 2026 — FRME dips 1.5% to $39.00, a 3-month low
- Closed at $39.00, -1.49% vs the prior close of $39.59. Day range $38.83–$39.52, opened at $39.46.
- Volume was 436.00K shares, 1.0x its 50-day average of 443.21K.
- Price is -6.0% vs its 50-day average ($41.49) and -3.9% vs its 200-day average ($40.57).
- 52-week range $34.66–$45.33; today's close sits at 41% of that range, 14.0% below the 52-week high.
Oct 8, 2026 — FRME rises 0.8% to $39.59
- Closed at $39.59, +0.76% vs the prior close of $39.29. Day range $38.81–$39.76, opened at $39.10.
- Volume was 567.80K shares, 1.3x its 50-day average of 441.06K.
- Price is -4.8% vs its 50-day average ($41.57) and -2.4% vs its 200-day average ($40.57).
- 52-week range $34.66–$45.33; today's close sits at 46% of that range, 12.7% below the 52-week high.
Oct 7, 2026 — FRME dips 1.0% to $39.29, a 3-month low, 3 down days in a row
- Closed at $39.29, -0.96% vs the prior close of $39.67. Day range $38.89–$39.50, opened at $39.27.
- Volume was 700.20K shares, 1.6x its 50-day average of 434.90K.
- Price is -5.7% vs its 50-day average ($41.65) and -3.1% vs its 200-day average ($40.56).
- 52-week range $34.66–$45.33; today's close sits at 43% of that range, 13.3% below the 52-week high.
- That makes 3 straight losses.
Oct 6, 2026 — FRME ends flat (-0.3%) to $39.67
- Closed at $39.67, -0.25% vs the prior close of $39.77. Day range $39.62–$40.15, opened at $40.06.
- Volume was 448.90K shares, 1.0x its 50-day average of 437.91K.
- Price is -4.9% vs its 50-day average ($41.73) and -2.2% vs its 200-day average ($40.56).
- 52-week range $34.66–$45.33; today's close sits at 47% of that range, 12.5% below the 52-week high.
Oct 5, 2026 — FRME dips 0.9% to $39.77
- Closed at $39.77, -0.95% vs the prior close of $40.15. Day range $39.67–$40.25, opened at $40.15.
- Volume was 478.40K shares, 1.1x its 50-day average of 440.25K.
- Price is -4.8% vs its 50-day average ($41.79) and -1.9% vs its 200-day average ($40.56).
- 52-week range $34.66–$45.33; today's close sits at 48% of that range, 12.3% below the 52-week high.
Oct 2, 2026 — FRME rises 1.4% to $40.15 on 1.8x normal volume
- Closed at $40.15, +1.44% vs the prior close of $39.58. Day range $39.80–$40.31, opened at $39.87.
- Volume was 815.30K shares, 1.8x its 50-day average of 448.04K — unusually heavy trading.
- Price is -4.1% vs its 50-day average ($41.86) and -1.0% vs its 200-day average ($40.55).
- 52-week range $34.66–$45.33; today's close sits at 51% of that range, 11.4% below the 52-week high.
FRME latest news & SEC filings
Every SEC filing by or about FRME in the last 120 days, explained in plain English. Updated daily, with a same-day refresh for new filings.
Oct 15, 2026 · Form 13F-HR — Quarterly holdings report filed by an institutional investment manager
Quarterly holdings report filed by an institutional investment manager
Oct 15, 2026 · Form 8-K — Major event / current report
Current report — a filing companies must make within 4 business days of a major event
- Item 8.01 — Reported other events the company considers important.
Oct 2, 2026 · Form 4 — Insider trade
Insider trade report (Form 4) — a director, officer or 10%+ owner changed their holdings
- Wojtowicz Jean L received an award of 785 shares at $39.78 (≈$31.23K) on Sep 30, 2026; now holds 68,026
Open-market purchases (P) and sales (S) are shown in colour; awards, exercises and tax withholding are routine pay-related moves. Many sales are pre-planned under 10b5-1 plans.
Oct 2, 2026 · Form 4 — Insider trade
Insider trade report (Form 4) — a director, officer or 10%+ owner changed their holdings
- Sondhi Jason R received an award of 589 shares at $39.78 (≈$23.43K) on Sep 30, 2026; now holds 10,712
Open-market purchases (P) and sales (S) are shown in colour; awards, exercises and tax withholding are routine pay-related moves. Many sales are pre-planned under 10b5-1 plans.
Oct 2, 2026 · Form 4 — Insider trade
Insider trade report (Form 4) — a director, officer or 10%+ owner changed their holdings
- Rechin Michael C received an award of 608 shares at $39.78 (≈$24.19K) on Sep 30, 2026; now holds 91,032
Open-market purchases (P) and sales (S) are shown in colour; awards, exercises and tax withholding are routine pay-related moves. Many sales are pre-planned under 10b5-1 plans.
Oct 2, 2026 · Form 4 — Insider trade
Insider trade report (Form 4) — a director, officer or 10%+ owner changed their holdings
- Myers Larry W received an award of 569 shares at $39.78 (≈$22.63K) on Sep 30, 2026; now holds 90,838
Open-market purchases (P) and sales (S) are shown in colour; awards, exercises and tax withholding are routine pay-related moves. Many sales are pre-planned under 10b5-1 plans.
Oct 2, 2026 · Form 4 — Insider trade
Insider trade report (Form 4) — a director, officer or 10%+ owner changed their holdings
- Kellogg Clark C received an award of 569 shares at $39.78 (≈$22.63K) on Sep 30, 2026; now holds 16,503
Open-market purchases (P) and sales (S) are shown in colour; awards, exercises and tax withholding are routine pay-related moves. Many sales are pre-planned under 10b5-1 plans.
Oct 2, 2026 · Form 4 — Insider trade
Insider trade report (Form 4) — a director, officer or 10%+ owner changed their holdings
- Johnson Kevin D received an award of 549 shares at $39.78 (≈$21.84K) on Sep 30, 2026; now holds 10,068
Open-market purchases (P) and sales (S) are shown in colour; awards, exercises and tax withholding are routine pay-related moves. Many sales are pre-planned under 10b5-1 plans.
Oct 1, 2026 · Form 8-K — Major event / current report
Current report — a filing companies must make within 4 business days of a major event
- Item 5.02 — Change in directors or officers (appointment, departure or pay).
- Item 8.01 — Reported other events the company considers important.
Sep 25, 2026 · Form 8-K — Major event / current report
Current report — a filing companies must make within 4 business days of a major event
- Item 1.01 — Signed a material agreement.
- Item 2.03 — Took on a new material debt or financial obligation.
Sep 24, 2026 · Form 424B5 — Prospectus supplement
Prospectus supplement — the company is selling securities off a shelf registration
An offering document: new shares or debt may be sold, which can increase the share count (dilution) or debt load. Size and terms are in the prospectus.
Sep 24, 2026 · Form 8-K — Major event / current report
Current report — a filing companies must make within 4 business days of a major event
- Item 1.01 — Signed a material agreement.
- Item 8.01 — Reported other events the company considers important.
Sep 23, 2026 · Form FWP — Free writing prospectus (offering marketing material)
Free writing prospectus (offering marketing material)
An offering document: new shares or debt may be sold, which can increase the share count (dilution) or debt load. Size and terms are in the prospectus.
Sep 23, 2026 · Form FWP — Free writing prospectus (offering marketing material)
Free writing prospectus (offering marketing material)
An offering document: new shares or debt may be sold, which can increase the share count (dilution) or debt load. Size and terms are in the prospectus.
Things to know before you trade FRME
- Last results release: Jul 22, 2026 (8-K Item 2.02). Previous ones: Apr 22, 2026, Jan 26, 2026, Oct 22, 2025. Based on that rhythm, the next report is likely around Oct 21, 2026 — an estimate, not a confirmed date.
- How much it moves: over the last 20 sessions the average daily move was 0.83% (largest 1.8%). That is a relatively calm stock.
- Liquidity: about 497.14K shares (≈$19.69M) trade per day on average.
- 52-week position: $39.60 vs a range of $34.66–$45.33 (46% of the range).
- Dividends: last ex-dividend date Sep 4, 2026 ($0.37/share); 4 payments in the past 12 months.
- Splits: none in the last 2 years.
- Insider trades (Form 4, last 12 months, recent 25 shown): 0 open-market buys, 25 sales; latest: Stephan Fluhler sold 4,080 shares on Aug 19, 2026.
- Latest filings: 8-K Oct 15, 2026; 8-K Oct 1, 2026; 8-K Sep 25, 2026.
- Share count: 63.02M shares outstanding (Apr 27, 2026), +8.1% vs a year earlier — notable dilution.
- Listing: Nasdaq · industry: National Commercial Banks.
FRME market data (last 20 sessions)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 16, 2026 | 39.59 | 40.22 | 39.48 | 39.60 | 429.16K |
| Oct 15, 2026 | 39.12 | 39.78 | 38.85 | 39.48 | 339.80K |
| Oct 14, 2026 | 38.48 | 38.97 | 38.38 | 38.78 | 443.20K |
| Oct 13, 2026 | 39.50 | 39.63 | 38.78 | 39.06 | 302.00K |
| Oct 12, 2026 | 39.07 | 39.48 | 38.99 | 39.25 | 283.30K |
| Oct 9, 2026 | 39.46 | 39.52 | 38.83 | 39.00 | 436.00K |
| Oct 8, 2026 | 39.10 | 39.76 | 38.81 | 39.59 | 567.80K |
| Oct 7, 2026 | 39.27 | 39.50 | 38.89 | 39.29 | 700.20K |
| Oct 6, 2026 | 40.06 | 40.15 | 39.62 | 39.67 | 448.90K |
| Oct 5, 2026 | 40.15 | 40.25 | 39.67 | 39.77 | 478.40K |
| Oct 2, 2026 | 39.87 | 40.31 | 39.80 | 40.15 | 815.30K |
| Oct 1, 2026 | 39.18 | 39.69 | 38.62 | 39.58 | 629.50K |
| Sep 30, 2026 | 40.12 | 40.26 | 39.55 | 39.78 | 551.50K |
| Sep 29, 2026 | 40.38 | 40.68 | 39.85 | 40.08 | 353.30K |
| Sep 28, 2026 | 40.67 | 40.70 | 40.30 | 40.37 | 556.20K |
| Sep 25, 2026 | 40.65 | 41.20 | 40.56 | 40.71 | 754.50K |
| Sep 24, 2026 | 40.28 | 40.57 | 40.04 | 40.49 | 466.30K |
| Sep 23, 2026 | 40.64 | 40.68 | 39.97 | 40.03 | 393.90K |
| Sep 22, 2026 | 41.25 | 41.41 | 40.65 | 40.65 | 582.40K |
| Sep 21, 2026 | 40.95 | 41.08 | 40.70 | 40.90 | 411.10K |
About First Merchants
First Merchants (FRME) is listed on the Nasdaq and classified by the SEC under “National Commercial Banks”. Its business address is in MUNCIE, IN. State of incorporation: IN. Fiscal year ends December 31. SEC CIK 712534.
FRME board of directors & executives
From SEC Form 3/4/5 insider filings made in the last 12 months (date = latest filing).
Directors
| Name | Role | Latest filing |
|---|---|---|
| Michael R Becher | Director | Jul 2, 2026 |
| Susan W Brooks | Director | Jul 2, 2026 |
| Mung Chiang | Director | Jul 2, 2026 |
| Michael J Fisher | Director | Jul 2, 2026 |
| Patrick J. Fehring | Director | Oct 2, 2025 |
| Paul G Fultz | Director | Jul 2, 2026 |
| Mark K Hardwick | Chief Executive Officer | Sep 22, 2026 |
| Howard Halderman | Director | Jul 2, 2026 |
| Kevin D Johnson | Director | Jul 2, 2026 |
| Clark C Kellogg | Director | Jul 2, 2026 |
| Gary Lehman | Director | Apr 2, 2026 |
| Larry W Myers | Director | Jul 2, 2026 |
| Michael C Rechin | Director | Jul 2, 2026 |
| Jason R Sondhi | Director | Jul 2, 2026 |
| Jean L Wojtowicz | Director | Jul 2, 2026 |
Executive officers
| Name | Title | Latest filing |
|---|---|---|
| Stephan Fluhler | Chief Information Officer | Sep 22, 2026 |
| Mark K Hardwick | Chief Executive Officer | Sep 22, 2026 |
| Steven C Harris | Chief Human Resources Officer | Aug 4, 2026 |
| Michele Kawiecki | Chief Financial Officer | Aug 4, 2026 |
| John Martin | Chief Credit Officer | Aug 4, 2026 |
| Joseph C Peterson | Chief Commercial Officer | Aug 4, 2026 |
| Eva A. Scurlock | Chief Risk Officer | Jan 14, 2026 |
| Eva D. Scurlock | Chief Risk Officer | Aug 12, 2026 |
| Michael J Stewart | President | Aug 4, 2026 |
Recent insider buys & sales
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Aug 19, 2026 | Stephan Fluhler | Sale | 4,080 | $43.20 |
| Aug 19, 2026 | Stephan Fluhler | Sale | 4,080 | $43.20 |
| Aug 19, 2026 | Stephan Fluhler | Sale | 4,080 | $43.20 |
| Aug 19, 2026 | Stephan Fluhler | Sale | 4,080 | $43.20 |
| Jun 12, 2026 | Larry W Myers | Sale | 10,000 | $42.00 |
| Jun 12, 2026 | Larry W Myers | Sale | 10,000 | $42.00 |
| Jun 12, 2026 | Larry W Myers | Sale | 10,000 | $42.00 |
| Jun 12, 2026 | Larry W Myers | Sale | 10,000 | $42.00 |
| Jun 11, 2026 | Larry W Myers | Sale | 10,000 | $41.50 |
| Jun 11, 2026 | Larry W Myers | Sale | 10,000 | $41.50 |
| Jun 11, 2026 | Larry W Myers | Sale | 10,000 | $41.50 |
| Jun 11, 2026 | Larry W Myers | Sale | 10,000 | $41.50 |
| May 5, 2026 | Larry W Myers | Sale | 0 | $40.54 |
| May 5, 2026 | Larry W Myers | Sale | 0 | $40.54 |
| May 5, 2026 | Larry W Myers | Sale | 0 | $40.54 |
FRME financials (annual, from XBRL filings)
| Fiscal year end | Revenue | Net income | Diluted EPS | Operating cash flow |
|---|---|---|---|---|
| Dec 31, 2025 | — | $226.00M | 3.88 | $283.65M |
| Dec 31, 2024 | — | $201.40M | 3.41 | $266.21M |
| Dec 31, 2023 | — | $223.79M | 3.73 | $258.83M |
| Dec 31, 2022 | — | $222.09M | 3.81 | $284.29M |
| Dec 31, 2021 | — | $205.53M | 3.81 | $215.34M |
Latest balance sheet: total assets $21.07B, total liabilities $18.40B, cash $177.20M (as of Mar 31, 2026).
FRME earnings / results-day log
| Date | Filing | Close that day |
|---|---|---|
| Jul 22, 2026 | 8-K Item 2.02 (results) | $43.75 |
| Apr 22, 2026 | 8-K Item 2.02 (results) | $40.37 |
| Jan 26, 2026 | 8-K Item 2.02 (results) | $38.01 |
| Oct 22, 2025 | 8-K Item 2.02 (results) | $36.61 |
| Jul 23, 2025 | 8-K Item 2.02 (results) | $41.25 |
| Apr 24, 2025 | 8-K Item 2.02 (results) | $36.50 |
| Apr 24, 2025 | 8-K Item 2.02 (results) | $36.50 |
| Jan 30, 2025 | 8-K Item 2.02 (results) | $42.71 |
| Jan 30, 2025 | 8-K Item 2.02 (results) | $42.71 |
| Oct 24, 2024 | 8-K Item 2.02 (results) | $36.00 |
| Oct 24, 2024 | 8-K Item 2.02 (results) | $36.00 |
| Jul 25, 2024 | 8-K Item 2.02 (results) | — |
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Information only, not investment advice. BuyMeWhiskey is not a registered investment adviser or broker-dealer; nothing here is a recommendation to buy, sell or hold any security, and there are no price targets. Data comes from SEC EDGAR filings and public end-of-day market data and may be delayed or contain errors. Verify with the company's filings before making decisions. Prices: end-of-day data as of Oct 16, 2026, 4:00 PM ET. Filings: SEC EDGAR. Updated after every US trading day.