FRME, US3208171096

First Merchants stock last at USD 39.60, 12.64 percent below its high

Published on 10/17/2026 at 18:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter 2026 net income was USD 43.50 million. First Merchants stock last stood at USD 39.60 on October 16, 2026, up 0.30 percent on Nasdaq.

Price position and earnings

First Merchants reported USD 43.50 million in second-quarter 2026 net income and USD 0.70 diluted earnings per share.
The second-quarter net income figure was reported in an earnings call transcript dated September 18, 2026.
First Merchants stock was last at USD 39.60 on October 16, 2026, up 0.30 percent versus the Nasdaq prior close of USD 39.48.
First Merchants had a P/E ratio of 12.65 and a market capitalization of USD 2.5 billion on October 16, 2026.

FRME, US3208171096, Illustration mit AI erstellt.

On October 16, 2026, First Merchants stock was last at USD 39.60 on Nasdaq, 12.64 percent below its 52-week high of USD 45.33. The Nasdaq session had ended, while October 17, 2026 was outside the exchange session.

The latest reported operating figure was second-quarter 2026 net income of USD 43.50 million and diluted earnings per share of USD 0.70, according to the Yahoo Finance transcript dated September 18, 2026. The transcript also reported adjusted pre-tax, pre-provision earnings of USD 84.60 million, up 7.50 percent from the first quarter of 2026.

Price position and trading frame

First Merchants traded 12.64 percent below its 52-week high and 14.27 percent above its 52-week low of USD 34.66 on October 16, 2026. The stock was up 0.30 percent from the Nasdaq prior close of USD 39.48. The bid and ask were not part of the dated Nasdaq quotation used here, so the report centers on the last quoted price and its range position.

The investor-relations page identifies First Merchants Corporation as a Nasdaq-listed financial holding company with more than 126 banking center locations in Indiana, Michigan, and Ohio. It also reported total assets of USD 21.30 billion as of June 30, 2026, according to First Merchants Corporation.

Valuation and upcoming date

On October 16, 2026, First Merchants had a P/E ratio of 12.65, a dividend yield of 4.00 percent, and a market capitalization of USD 2.50 billion. The next scheduled company date is the third-quarter 2026 earnings event on October 22, 2026, listed on the company's investor-relations calendar.

Comparison with peers

First Merchants: plus 0.30 percent, P/E 12.65, market capitalization USD 2.50 billion.

Fifth Third Bancorp (Nasdaq, USD): plus 0.04 percent, P/E 17.19, market capitalization USD 45.70 billion.

Huntington Bancshares Incorporated (Nasdaq, USD): minus 0.52 percent, P/E 11.40, market capitalization USD 30.90 billion.

Market report and next steps

The October 22 earnings date gives the next defined calendar point for the stock. Until then, the key market contrast is the 12.64 percent gap to the 52-week high alongside the 4.00 percent dividend yield.

First Merchants was last at USD 39.60 on Nasdaq on October 16, 2026 at 4:00 p.m. ET, up 0.30 percent versus the Nasdaq prior close of USD 39.48. The stock stood 12.64 percent below its 52-week high of USD 45.33.