First Merchants Corporation (FRME)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

First Merchants Corporation (FRME) is up 12.0% since the beginning of the year. At $41 per share, FRME is trading 4.7% below its 52-week high of $43. Investors who bought $1,000 worth of FRME shares 5 years ago would now be looking at an investment worth $1,152.

First Merchants Corporation (FRME) has returned 11.97% so far this year and 18.95% over the past 12 months. Over the last ten years, FRME has returned 8.59% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Feb 25, 1992, FRME's average daily return is +0.06%, while the average monthly return is +0.93%. At this rate, an investment would double in approximately 6.2 years.

Historically, 56% of months were positive and 44% were negative. The best month was Nov 2020 with a return of +27.6%, while the worst month was Feb 2009 at -35.9%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 7 months.

On a daily basis, FRME closed higher 46% of trading days. The best single day was Nov 18, 1999 with a return of +25.8%, while the worst single day was Mar 5, 2009 at -18.0%.

First Merchants Corporation has an annualized alpha of 4.12%, beta of 0.99, and R2 of 0.24 versus S&P 500 Index. Calculated based on daily prices since February 25, 1992.

• This stock participated in 72.46% of S&P 500 Index downside but only 70.75% of its upside - more exposed to losses than it benefited from rallies.
• R2 of 0.24 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

FRME ranks 64 for risk / return — better than 64% of stocks on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

First Merchants Corporation provided a 3.52% dividend yield over the last twelve months, with an annual payout of $1.45 per share. The company has been increasing its dividends for 15 consecutive years.

The table displays the monthly dividend distributions for First Merchants Corporation. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the First Merchants Corporation. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the First Merchants Corporation was 81.31%, occurring on Dec 17, 2009. Recovery took 1399 trading sessions.

The current First Merchants Corporation drawdown is 3.81%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of First Merchants Corporation over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how First Merchants Corporation is priced in the market compared to other companies in the Banks - Regional industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.